Living in Palatka, Florida
Cost of living, income, home prices, rent and demographics of Palatka · Census data 2020–2024
Palatka has 10,650 residents with a median age of 35.3. The median household income is $32,021 (57% lower than the Florida median), the median home value is $150,500, the median rent is $901/month.
Palatka at a glance
- Population
- 10,650
- Median age
- 35.3State: 42.6
- Median household income
- $32,021State: $74,568
- Median home value
- $150,500State: $359,000
- Median rent
- $901/moState: $1,669
- Homeowners
- 50.8%
- Bachelor's degree or higher
- 10.7%
- Average commute
- 24 min
Is Palatka a good place to live?
Pros: Home values 58% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 57% lower than the Florida median; unemployment of 9.3%; a poverty rate of 37.3%.
The weather is best in March–April and October–November.
Cost of living in Palatka
Housing is the biggest part of the cost of living. In Palatka the median home value is $150,500, 55% lower than the U.S. median. Renters pay a median of $901 per month, which is 33.5% of household income. Homeowners with a mortgage pay $1,180 a month in housing costs.
Palatka median household income
The median household income in Palatka is $32,021 and the income per person is $20,076. 37.3% of residents live below the poverty line (Florida: 12.6%).
Housing in Palatka: homes for sale and rent
- Housing units
- 4,574
- Owner-occupied
- 50.8%
- Renter-occupied
- 49.2%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.35
Palatka demographics
- Population
- 10,650
- Median age
- 35.3
- Under 18
- 27.7%
- 65 and older
- 18.6%
- Households
- 4,246
- Foreign-born
- 4%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Palatka ›
Education in Palatka
10.7% of adults 25 and older in Palatka have a bachelor's degree or higher (Florida: 34.1%), and 5.2% have a graduate or professional degree.
Jobs and commute in Palatka
- Unemployment rate
- 9.3%State: 4.8%
- Average commute
- 24 minState: 28 min
- Work from home
- 7.9%
- Drive alone
- 73.4%
- Public transit
- 2.3%
- Walk to work
- 2%
- Homes with broadband
- 81.3%
Palatka vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palatka | 10,650 | $32,021 | $150,500 | $901 |
| East Palatka | 1,494 | $73,718 | $246,600 | $1,101 |
| Pomona Park | 755 | $43,317 | $159,600 | $917 |
| Welaka | 1,082 | $54,830 | $283,100 | $1,050 |
| Flagler Estates | 4,321 | $75,957 | $213,300 | $1,147 |
| Interlachen | 1,923 | $47,950 | $152,500 | $802 |
| Crescent City | 1,944 | $33,971 | $192,600 | $789 |
| Lake Kerr | 1,697 | $42,411 | $109,800 | $525 |
| Green Cove Springs | 10,044 | $75,142 | $371,000 | $1,114 |
More for people moving to Palatka
Palatka ZIP code ›Weather and climate ›Living in Palatka: FAQ
What is the median household income in Palatka, FL?
The median household income in Palatka is $32,021, 57% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palatka?
The median home value in Palatka is $150,500, compared with $359,000 in Florida.
How much is rent in Palatka?
The median gross rent in Palatka is $901 per month, about 33.5% of household income.
Is Palatka, FL a good place to live?
Pluses: home values 58% lower than the state median; an average commute of 24 minutes. Minuses: median household income 57% lower than the Florida median; unemployment of 9.3%; a poverty rate of 37.3%.
What is the median age in Palatka?
The median age in Palatka is 35.3 years (Florida: 42.6).
How long is the commute in Palatka?
The average commute to work in Palatka is 24 minutes; 7.9% of workers work from home.
What is the unemployment rate in Palatka?
The unemployment rate in Palatka is 9.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palatka?
10.7% of adults in Palatka have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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