How many renters in Palmer Ranch, FL pay more than 30% of their income on rent?
52.3% (±13.7 points) of renting households in Palmer Ranch, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
42.6% spend 35% or more.
The median renting household spends 31.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 52.3% (±13.7 points)
- Paying 35% or more
- 42.6% (±11.4 points)
- Median share of income
- 31.2% (±5.9 points)
Rent as a share of income in Palmer Ranch
| Share of income spent on rent | Palmer Ranch | Sarasota County | Florida | United States |
|---|---|---|---|---|
| Less than 15% | 2.0% (±2.4 points) | 10.5% | 8.1% | 12.6% |
| 15% to 19.9% | 12.1% (±8.5 points) | 7.6% | 9.3% | 12.2% |
| 20% to 24.9% | 8.4% (±4.9 points) | 10.3% | 11.3% | 12.6% |
| 25% to 29.9% | 25.2% (±11.1 points) | 12.3% | 11.3% | 11.5% |
| 30% to 34.9% | 9.7% (±7.6 points) | 9.3% | 9.8% | 9.2% |
| 35% or more | 42.6% (±11.4 points) | 49.9% | 50.2% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Palmer Ranch against Sarasota County, its state and the nation
| Palmer Ranch | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Paying 30% or more | 52.3% (±13.7 points) | 59.2% (±2.5 points) | 60.0% (±0.4 points) | 51.1% |
| Paying 35% or more | 42.6% (±11.4 points) | 49.9% (±2.2 points) | 50.2% (±0.4 points) | 41.9% |
| Median share of income | 31.2% (±5.9 points) | 35.0% (±1.3 points) | 35.2% (±0.3 points) | 30.6% |
| Median renter household income | $70,658 (±$5,278) | $60,613 (±$2,413) | $53,617 (±$353) | $52,966 |
| Median gross rent | $1,794 (±$99) | $1,818 (±$31) | $1,669 (±$5) | $1,413 |
In Palmer Ranch, the share of renters paying 30% or more of income is not measurably different from Sarasota County (59.2%).
It is not measurably different from Florida (60.0%).
It is not measurably different from the national figure (51.1%).
In Sarasota County, Palmer Ranch ranks 18 of 28 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 572 of 843.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Palmer Ranch
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Palmer Ranch | — | 52.3% (±13.7 points) | — |
| Vamo | 2.4 mi | 74.6% (±21.0 points) | Not measurably different |
| Osprey | 2.4 mi | 56.4% (±26.0 points) | Not measurably different |
| Gulf Gate | 3.7 mi | 57.3% (±12.1 points) | Not measurably different |
| Bee Ridge | 4.3 mi | 59.0% (±17.6 points) | Not measurably different |
| South Gate Ridge | 4.7 mi | 60.6% (±19.5 points) | Not measurably different |
| Laurel | 4.9 mi | 47.5% (±21.0 points) | Not measurably different |
| Lake Sarasota | 5.2 mi | 29.6% (±20.0 points) | Not measurably different |
| Ridge Wood Heights | 5.3 mi | 34.4% (±19.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Sarasota County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 12 (tie) | Bee Ridge | 59.0% (±17.6 points) |
| 12 (tie) | North Sarasota | 59.0% (±38.1 points) |
| 14 | Gulf Gate | 57.3% (±12.1 points) |
| 15 | South Sarasota | 57.2% (±21.7 points) |
| 16 | Osprey | 56.4% (±26.0 points) |
| 17 | Venice Gardens | 53.6% (±28.0 points) |
| 18 | Palmer Ranch | 52.3% (±13.7 points) |
| 19 | South Venice | 52.0% (±12.1 points) |
| 20 | Old Miakka | 51.2% (±77.0 points) |
| 21 | Englewood | 50.6% (±11.6 points) |
| 22 | The Meadows | 49.4% (±26.5 points) |
| 23 | Desoto Lakes | 48.2% (±33.2 points) |
| 24 | Laurel | 47.5% (±21.0 points) |
Showing 13 of 28 places in Sarasota County, ranked from highest to lowest.
Palmer Ranch is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Palmer Ranch
Are renters in Palmer Ranch rent-burdened?
52.3% of renting households in Palmer Ranch pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Palmer Ranch spend on rent?
The median renting household in Palmer Ranch, FL spends 31.2% (±5.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Palmer Ranch CDP, Florida
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Palmer Ranch CDP, Florida (place:54238, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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