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Moving to Palmetto Bay, FL

Thinking of making a move to Palmetto Bay, FL? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Palmetto Bay, FL

Considering a move to Palmetto Bay, FL? This welcoming community of 24,900 residents offers a blend of suburban charm and convenience, with median home prices around $825,000 and average rents near $2,650. Commute times average 33 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (68% annually), ideal for families and commuters alike. Explore Palmetto Bay's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Palmetto Bay, FL

Palmetto Bay has a population of 24,900 residents, offering a diverse community with a median age of nearly 41 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 69% White, 9% Black, and 3% Asian residents, and over 42% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
24,900
Density
3,700 per sq mi
Median Age
40.8
Gender Ratio
94 males per 100 females
Non-English Speakers Percentage
41.5%

Ethnic Composition

White
69.0%
Black
9.0%
Asian
2.8%
Others
19.2%

Cost Of Living

What is the average cost of living in Palmetto Bay, FL?

The cost of living in Palmetto Bay is higher than the national average, with a cost of living index of 157.8. Median home values are around $825,000 and average rents for a two-bedroom apartment are approximately $2,650. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$825,000
Gross Rent
$2,650
Monthly Electricity Charges
$165
Auto Insurance
$3,100
House Owner Cost With Mortgage
$4,150
House Owner Cost Without Mortgage
$1,020
State Taxes
Low: 0.0%| High: 0.0%
Cost Of Living Index
157.8
Grocery
110.2
Housing
219.4
Utilities
103.8
Transportation
119.6
Health Care
102.9
Miscellaneous
108.7

Crime

Is Palmetto Bay, FL a safe place to live?

Palmetto Bay is considered a safe community, with a low violent crime rate of 98 incidents per 100,000 residents and a property crime chance of 1 in 109. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Florida.

Violent Crimes Per 100k
98
Property Crimes Per 100k
920
Crime Index
1,018
Chance Of Violent Crime
1 in 1,020
Chance Of Property Crime
1 in 109

Weather

What is the weather like in Palmetto Bay, FL year-round?

Palmetto Bay experiences four distinct seasons, with warm summers reaching highs of 91°F and cold winters dipping to 58°F. The area receives about 62 inches of rainfall annually and enjoys sunshine on 68% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
58°F
Max
77°F

Summer

Min
76°F
Max
91°F

Spring

Min
66°F
Max
85°F

Fall

Min
69°F
Max
85°F
Average Rainfall Inches
61.8 inches
Sunny Days Percentage
68%

Neighbors

The neighborhood boasts a healthy median household income of $128,500 and a low poverty rate of 6.8%. Over 94% of residents have at least a high school diploma, and nearly 55% hold a bachelor's degree or higher. Commute times average 33 minutes, and almost 5% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$87,000
Household Income
$128,500
Family Income
$150,000
Per Capita Income
$56,500
Income Male
$68,000
Income Female
$51,000
Poverty Rate
6.8%
Non English Speakers
49.0%
Rent
$2,650
Unemployment Rate
3.2%
Public Transport Usage
4.8%
Commute Time
33.4 minutes

Education

High School or Higher
94.0%
Bachelors or More
54.8%

Education

How are the schools in Palmetto Bay, FL?

Palmetto Bay offers quality education options, with public schools like Palmetto Middle School and Howard Drive Elementary School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Florida International University and Miami Dade College - Kendall Campus. The community is committed to educational excellence for all age groups.

Public Schools

Name
Palmetto Middle School
Street
7351 SW 128th St
Phone
305-233-5427
Students
1,450
Student Teacher Ratio
18.1
Name
Howard Drive Elementary School
Street
7750 SW 136th St
Phone
305-235-2030
Students
800
Student Teacher Ratio
15.7

Private Schools

Name
Palmetto Christian Academy
Street
9300 SW 152nd St
Phone
305-238-6100
Students
260

Colleges

Name
Florida International University
City
Miami
State
FL
Distance
11 miles
Students
56,000
Name
Miami Dade College - Kendall Campus
City
Miami
State
FL
Distance
8 miles
Students
18,000

Healthcare

Palmetto Bay residents have access to quality healthcare, with major hospitals like Baptist Hospital of Miami and South Miami Hospital nearby. The community benefits from a high physician-to-resident ratio of 2.5 per 1,000 people and 87.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Baptist Hospital of Miami
Address
8900 N Kendall Dr, Miami, FL 33176
Phone
(786) 596-1960
Type
General & Surgical
Emergency Services
Yes
Name
South Miami Hospital
Address
6200 SW 73rd St, South Miami, FL 33143
Phone
(786) 662-4000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.5
Health Insurance Coverage
87.8%
Health Care Index
77.2

Housing Market

What is the housing market like in Palmetto Bay, FL?

The local housing market is strong, with a median home price of $825,000 and an owner-occupied rate of nearly 85%. The market has seen a 4.3% appreciation over the past year, and rental vacancy rates remain moderate at 4.1%. Palmetto Bay offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$825,000
Average Rent For 2 Bedroom
$2,650
Owner Occupied Rate
84.6%
Rental Vacancy Rate
4.1%
Home Appreciation Rate (1yr)
4.3%
New Construction Rate
1.1%
Foreclosure Rate
0.3%

DMV Information

Residents of Palmetto Bay handle vehicle services through the Florida Department of Highway Safety and Motor Vehicles, conveniently located in Tallahassee. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Florida
Department
Florida Department of Highway Safety and Motor Vehicles
Address
2900 Apalachee Parkway, Tallahassee, FL 32399
Phone
1-850-617-2000

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Palmetto Bay, FL

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Palmetto Bay, review the core fields on this page: population 24,900, median home value $825,000, average rent for 2 bedroom $2,650, commute time 33.4 minutes, and sunny days percentage 68%.

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