How many renters in Palmetto Estates, FL pay more than 30% of their income on rent?
69.9% (±16.3 points) of renting households in Palmetto Estates, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
64.9% spend 35% or more.
The median renting household spends 39.6% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 69.9% (±16.3 points)
- Paying 35% or more
- 64.9% (±15.2 points)
- Median share of income
- 39.6% (±7.8 points)
Rent as a share of income in Palmetto Estates
| Share of income spent on rent | Palmetto Estates | Miami-Dade County | Florida | United States |
|---|---|---|---|---|
| Less than 15% | 13.6% (±10.7 points) | 6.7% | 8.1% | 12.6% |
| 15% to 19.9% | 7.0% (±6.8 points) | 8.2% | 9.3% | 12.2% |
| 20% to 24.9% | 9.5% (±8.1 points) | 10.0% | 11.3% | 12.6% |
| 25% to 29.9% | 0.0% (±9.7 points) | 10.7% | 11.3% | 11.5% |
| 30% to 34.9% | 5.0% (±6.0 points) | 9.5% | 9.8% | 9.2% |
| 35% or more | 64.9% (±15.2 points) | 55.0% | 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.
Palmetto Estates against Miami-Dade County, its state and the nation
| Palmetto Estates | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Paying 30% or more | 69.9% (±16.3 points) | 64.5% (±0.9 points) | 60.0% (±0.4 points) | 51.1% |
| Paying 35% or more | 64.9% (±15.2 points) | 55.0% (±0.8 points) | 50.2% (±0.4 points) | 41.9% |
| Median share of income | 39.6% (±7.8 points) | 38.2% (±0.6 points) | 35.2% (±0.3 points) | 30.6% |
| Median renter household income | $42,337 (±$13,980) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median gross rent | $1,948 (±$292) | $1,829 (±$10) | $1,669 (±$5) | $1,413 |
In Palmetto Estates, the share of renters paying 30% or more of income is not measurably different from Miami-Dade County (64.5%).
It is not measurably different from Florida (60.0%).
It is higher than the national figure (51.1%).
In Miami-Dade County, Palmetto Estates ranks 21 of 67 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 164 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 Palmetto Estates
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Palmetto Estates | — | 69.9% (±16.3 points) | — |
| Richmond Heights | 1.0 mi | 89.8% (±35.0 points) | Not measurably different |
| West Perrine | 1.2 mi | 58.3% (±12.9 points) | Not measurably different |
| Palmetto Bay | 2.6 mi | 68.9% (±12.1 points) | Not measurably different |
| Three Lakes | 2.8 mi | 75.2% (±11.8 points) | Not measurably different |
| South Miami Heights | 2.9 mi | 63.4% (±8.2 points) | Not measurably different |
| Kendall | 3.3 mi | 60.7% (±5.7 points) | Not measurably different |
| Cutler Bay | 3.6 mi | 63.7% (±10.3 points) | Not measurably different |
| The Crossings | 4.1 mi | 67.2% (±9.8 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 Miami-Dade County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 15 | Richmond West | 73.2% (±18.7 points) |
| 16 | Biscayne Gardens | 72.9% (±7.5 points) |
| 17 | Hialeah Gardens | 72.6% (±9.2 points) |
| 18 | Ojus | 71.7% (±15.1 points) |
| 19 | West Miami | 71.2% (±14.4 points) |
| 20 | North Miami | 70.2% (±4.1 points) |
| 21 | Palmetto Estates | 69.9% (±16.3 points) |
| 22 | Medley | 69.8% (±31.6 points) |
| 23 | The Hammocks | 69.5% (±6.0 points) |
| 24 (tie) | Aventura | 68.9% (±7.0 points) |
| 24 (tie) | Palmetto Bay | 68.9% (±12.1 points) |
| 26 | Goulds | 68.8% (±21.0 points) |
| 27 | Olympia Heights | 68.5% (±18.5 points) |
Showing 13 of 67 places in Miami-Dade County, ranked from highest to lowest.
Palmetto Estates 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.
What you can do on Seayora in Palmetto Estates
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Palmetto Estates, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Palmetto Estates beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Palmetto Estates, and send estimates and invoices from your phone.
Questions about Palmetto Estates
Are renters in Palmetto Estates rent-burdened?
69.9% of renting households in Palmetto Estates 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 Palmetto Estates spend on rent?
The median renting household in Palmetto Estates, FL spends 39.6% (±7.8 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palmetto Estates CDP, Florida
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Palmetto Estates CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Palmetto Estates 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 Palmetto Estates CDP, Florida (place:54300, 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 .
Related
- Housing in Palmetto Estates at a glance
- Median rent in Palmetto Estates
- Rent by bedrooms in Palmetto Estates
- Renters and owners in Palmetto Estates
- Income and affordability in Palmetto Estates
- Home values in Palmetto Estates
- Homeowner costs in Palmetto Estates
- Property taxes in Palmetto Estates
- Types of homes in Palmetto Estates
- Bedrooms in Palmetto Estates
- Age of homes in Palmetto Estates
- Heating fuel in Palmetto Estates
- Commute and cars in Palmetto Estates
- Population growth in Palmetto Estates
- How long people stay in Palmetto Estates
- Crowding and facilities in Palmetto Estates
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by rent burden
- Housing data for every place in Florida