Median Age
47 Years
Largest Age Group
60-69 Years
Approximately 14% of Residents
Under 20
21%
Over 65
28%
Avg Rent
$1,651
Population
17,918
Renter Mix
32% Rent
Situated about halfway between Saint Petersburg and Sarasota, Palmetto is a quiet suburb brimming with small-town charm. The Palmetto Historic District serves as the city’s quaint downtown area, offering an array of mom-and-pop shops and eateries in colorful, historic storefronts. Palmetto’s small-town feel is also furthered by a strong sense of community, which is fostered by regular events like the DeSoto Seafood Festival, A Taste of Manatee, and Movies in the Park.
Palmetto provides a wide variety of rentals, from waterfront apartments to Old Florida bungalows and everything in between. Most Palmetto rentals are within minutes of beautiful waterfront views, with the city bordering Terra Ceia Bay as well as the Manatee River. Shopping options abound near the community, with Red Barn Plaza Flea Market and Ellenton Premium Outlets both just a short drive away. Getting around from Palmetto is easy with convenience to U.S. Highway 301 in addition to Interstates 75 and 275.
Median Household Income
$52,849
Average: $78,426
Education
3,990
Residents Have a Degree
Job Market
7,438
Workers Employed
Median Age
47 Years
Largest Age Group
60-69 Years
Approximately 14% of Residents
Under 20
21%
Over 65
28%
Housing Distribution
Palmetto has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Palmetto, FL is $1,651 for one bedroom, $1,825 for two bedrooms, and $2,387 for three bedrooms. Apartment rent in Palmetto has increased by 0.3% in the past year.
Public
Grades PK-8
418 Students
Imagine Charter School At North Manatee
Public
Grades PK-8
682 Students
Public
Grades PK-5
570 Students
Virgil Mills Elementary School
Public
Grades PK-5
818 Students
James Tillman Elementary Magnet School
Public
Grades PK-5
520 Students
Public
Grades PK-8
418 Students
Imagine Charter School At North Manatee
Public
Grades PK-8
682 Students
Public
Grades 6-12
1,968 Students
Public
Grades 6-8
1,127 Students
Public
Grades PK-8
653 Students
Public
Grades 6-12
1,968 Students
Public
Grades 9-12
2,100 Students
Manatee Virtual Instruction Program
Public
Grades K-12
13 Students
Manatee Virtual Franchise (Etech School Of Manatee)
Public
Grades K-12
53 Students
Public
Grades 9-12
13 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.