What percentage of people rent in Palmer Ranch, FL?
24.5% (±4.0 points) of the occupied homes in Palmer Ranch, FL are rented (2020–2024 American Community Survey).
That is 2,136 renting households against 6,597 that own their home.
Figures last updated on .
- Households that rent
- 24.5% (±4.0 points)
- Renting households
- 2,136 (±373)
- Median renter income
- $70,658 (±$5,278)
Who rents and who owns in Palmer Ranch
| Palmer Ranch | Sarasota County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 24.5% (±4.0 points) | 23.3% (±0.7 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 2,136 (±373) | 49,428 (±1,490) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 6,597 (±633) | 162,776 (±1,864) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 1.8 (±0.2) | 2.1 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 1.9 (±0.1) | 2.1 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $70,658 (±$5,278) | $60,613 (±$2,413) | $53,617 (±$353) | $52,966 |
| Median owner household income | $124,649 (±$15,689) | $91,802 (±$1,340) | $88,144 (±$469) | $100,009 |
In Palmer Ranch, the renter share is not measurably different from Sarasota County (23.3%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Sarasota County, Palmer Ranch ranks 11 of 28 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 470 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Households that rent in places near Palmer Ranch
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Palmer Ranch | — | 24.5% (±4.0 points) | — |
| Vamo | 2.4 mi | 29.2% (±11.6 points) | Not measurably different |
| Osprey | 2.4 mi | 13.4% (±5.1 points) | Lower |
| Gulf Gate | 3.7 mi | 45.4% (±8.9 points) | Higher |
| Bee Ridge | 4.3 mi | 18.5% (±4.5 points) | Not measurably different |
| South Gate Ridge | 4.7 mi | 34.1% (±8.5 points) | Higher |
| Laurel | 4.9 mi | 8.6% (±2.9 points) | Lower |
| Lake Sarasota | 5.2 mi | 29.0% (±9.8 points) | Not measurably different |
| Ridge Wood Heights | 5.3 mi | 23.1% (±6.6 points) | Not measurably different |
Nearby places with a measurably lower figure: Osprey, FL (13.4%), Laurel, FL (8.6%).
Nearby places with a measurably higher figure: Gulf Gate, FL (45.4%), South Gate Ridge, FL (34.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Sarasota County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 5 | South Gate Ridge | 34.1% (±8.5 points) |
| 6 | Desoto Lakes | 33.5% (±15.6 points) |
| 7 | Vamo | 29.2% (±11.6 points) |
| 8 | Lake Sarasota | 29.0% (±9.8 points) |
| 9 | Nokomis | 28.8% (±12.9 points) |
| 10 | Southgate | 28.5% (±6.7 points) |
| 11 | Palmer Ranch | 24.5% (±4.0 points) |
| 12 | South Sarasota | 23.6% (±5.7 points) |
| 13 | Ridge Wood Heights | 23.1% (±6.6 points) |
| 14 | Kensington Park | 21.5% (±7.5 points) |
| 15 | The Meadows | 21.3% (±7.1 points) |
| 16 | Sarasota Springs | 20.1% (±4.4 points) |
| 17 | Venice | 19.6% (±2.2 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), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palmer Ranch
How many renters are there in Palmer Ranch?
Palmer Ranch has an estimated 2,136 (±373) renting households, 24.5% of its occupied homes (2020–2024 American Community Survey).
How big are renting households in Palmer Ranch?
A renting household in Palmer Ranch has 1.8 people on average, against 1.9 in an owned home.
How much do renters earn in Palmer Ranch?
The median renting household in Palmer Ranch, FL has an income of $70,658 (±$5,278) a year, against $124,649 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 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
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Palmer Ranch CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
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- Florida landlord and tenant rules
- Housing across Sarasota County
- Florida places ranked by share of renters
- Housing data for every place in Florida