What percentage of people rent in Palmetto, GA?
40.0% (±9.4 points) of the occupied homes in Palmetto, GA are rented (2020–2024 American Community Survey).
That is 681 renting households against 1,020 that own their home.
In Palmetto, the share of households that rent went from 43.4% in 2015–2019 to 40.0% in 2020–2024 (−3.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 40.0% (±9.4 points)
- Renting households
- 681 (±202)
- Median renter income
- $56,643 (±$16,567)
Who rents and who owns in Palmetto
| Palmetto | Fulton County | Georgia | United States | |
|---|---|---|---|---|
| Renter-occupied share | 40.0% (±9.4 points) | 45.7% (±0.7 points) | 34.3% (±0.3 points) | 34.8% |
| Renting households | 681 (±202) | 211,288 (±3,701) | 1,398,009 (±10,043) | 45,017,354 |
| Owning households | 1,020 (±166) | 251,193 (±3,472) | 2,676,357 (±16,436) | 84,210,142 |
| Average renter household size | 2.7 (±0.4) | 2.0 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.5) | 2.5 (±0.0) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $56,643 (±$16,567) | $62,287 (±$1,848) | $49,820 (±$493) | $52,966 |
| Median owner household income | $89,787 (±$41,046) | $138,102 (±$2,882) | $96,363 (±$555) | $100,009 |
In Palmetto, the renter share is not measurably different from Fulton County (45.7%).
It is not measurably different from Georgia (34.3%).
It is not measurably different from the national figure (34.8%).
In Fulton County, Palmetto ranks 7 of 15 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 247 of 602.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Palmetto has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 43.4% (±9.1 points) | 40.0% (±9.4 points) | −3.4 percentage points | Not a measurable change |
| Median gross rent | $1,018 (±$153) | $1,154 (±$95) | +13.4% | No measurable change after inflation |
| Median household income | $47,019 (±$8,911) | $80,982 (±$19,588) | +72.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Palmetto
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Palmetto | — | 40.0% (±9.4 points) | — |
| Fairburn | 5.0 mi | 35.8% (±7.0 points) | Not measurably different |
| Chattahoochee Hills | 5.2 mi | 10.4% (±6.9 points) | Lower |
| Tyrone | 6.2 mi | 11.2% (±4.7 points) | Lower |
| Union City | 7.5 mi | 59.6% (±6.1 points) | Higher |
| South Fulton | 8.6 mi | 28.5% (±2.9 points) | Lower |
| Peachtree City | 12 mi | 27.9% (±3.2 points) | Lower |
| Fairplay | 12 mi | 15.0% (±15.3 points) | Lower |
| Newnan | 13 mi | 41.8% (±3.6 points) | Not measurably different |
Nearby places with a measurably lower figure: Chattahoochee Hills, GA (10.4%), Tyrone, GA (11.2%), South Fulton, GA (28.5%).
Nearby places with a measurably higher figure: Union City, GA (59.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Fulton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | College Park | 78.5% (±5.1 points) |
| 2 | Union City | 59.6% (±6.1 points) |
| 3 | East Point | 56.4% (±2.9 points) |
| 4 | Atlanta | 53.6% (±0.9 points) |
| 5 | Sandy Springs | 49.8% (±2.1 points) |
| 6 | Hapeville | 44.3% (±9.7 points) |
| 7 | Palmetto | 40.0% (±9.4 points) |
| 8 | Fairburn | 35.8% (±7.0 points) |
| 9 | Alpharetta | 34.9% (±2.0 points) |
| 10 | South Fulton | 28.5% (±2.9 points) |
| 11 | Roswell | 28.1% (±2.1 points) |
| 12 | Milton | 27.5% (±3.5 points) |
| 13 | Johns Creek | 19.6% (±2.0 points) |
Showing 13 of 15 places in Fulton County, ranked from highest to lowest.
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 Palmetto
How many renters are there in Palmetto?
Palmetto has an estimated 681 (±202) renting households, 40.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Palmetto?
In Palmetto, the share of households that rent went from 43.4% in 2015–2019 to 40.0% in 2020–2024 (−3.4 percentage points), not a measurable change.
How big are renting households in Palmetto?
A renting household in Palmetto has 2.7 people on average, against 2.9 in an owned home.
How much do renters earn in Palmetto?
The median renting household in Palmetto, GA has an income of $56,643 (±$16,567) a year, against $89,787 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palmetto city, Georgia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Palmetto city, Georgia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palmetto city, Georgia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palmetto city, Georgia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Palmetto city, Georgia
- 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 Palmetto city, Georgia (place:58884, in state:13).
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
- Housing in Palmetto at a glance
- Median rent in Palmetto
- Income and affordability in Palmetto
- Home values in Palmetto
- Homeowner costs in Palmetto
- Property taxes in Palmetto
- Types of homes in Palmetto
- Bedrooms in Palmetto
- Age of homes in Palmetto
- Heating fuel in Palmetto
- Commute and cars in Palmetto
- Crime reported to police in Palmetto
- Population growth in Palmetto
- Georgia landlord and tenant rules
- Housing across Fulton County
- Georgia places ranked by share of renters
- Housing data for every place in Georgia