Living in Palmetto, Georgia
Cost of living, income, home prices, rent and demographics of Palmetto · Census data 2020–2024
Palmetto has 4,797 residents with a median age of 40.3. The median household income is $80,982 (5% higher than the Georgia median), the median home value is $228,800, the median rent is $1,154/month.
Palmetto at a glance
- Population
- 4,797
- Median age
- 40.3State: 37.6
- Median household income
- $80,982State: $77,353
- Median home value
- $228,800State: $303,300
- Median rent
- $1,154/moState: $1,393
- Homeowners
- 60%
- Bachelor's degree or higher
- 15.5%
- Average commute
- 27 min
Is Palmetto a good place to live?
Pros: Median household income 5% higher than the Georgia median; home values 25% lower than the state median; an average commute of 27 minutes; unemployment of 1.2%; a poverty rate of 9.4%.
The weather is best in April–May and September–October.
Cost of living in Palmetto
Housing is the biggest part of the cost of living. In Palmetto the median home value is $228,800, 31% lower than the U.S. median. Renters pay a median of $1,154 per month, which is 21.6% of household income. Homeowners with a mortgage pay $1,413 a month in housing costs.
Palmetto median household income
The median household income in Palmetto is $80,982 and the income per person is $33,592. 9.4% of residents live below the poverty line (Georgia: 13.4%).
Housing in Palmetto: homes for sale and rent
- Housing units
- 2,025
- Owner-occupied
- 60%
- Renter-occupied
- 40%
- Vacant
- 16%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.79
Palmetto demographics
- Population
- 4,797
- Median age
- 40.3
- Under 18
- 20.4%
- 65 and older
- 14.4%
- Households
- 1,701
- Foreign-born
- 8.7%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Palmetto ›
Education in Palmetto
15.5% of adults 25 and older in Palmetto have a bachelor's degree or higher (Georgia: 34.9%), and 5.6% have a graduate or professional degree.
Jobs and commute in Palmetto
- Unemployment rate
- 1.2%State: 5.1%
- Average commute
- 27 minState: 28 min
- Work from home
- 12.7%
- Drive alone
- 78%
- Public transit
- 0.6%
- Walk to work
- 0%
- Homes with broadband
- 95.4%
Palmetto vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palmetto | 4,797 | $80,982 | $228,800 | $1,154 |
| Chattahoochee Hills | 3,782 | $111,792 | $397,000 | — |
| Fairburn | 16,831 | $91,897 | $271,800 | $1,479 |
| Tyrone | 7,896 | $135,691 | $470,400 | $1,191 |
| Union City | 27,728 | $49,549 | $245,600 | $1,330 |
| South Fulton | 110,471 | $82,324 | $309,800 | $1,702 |
| Peachtree City | 39,576 | $113,987 | $482,500 | $2,086 |
| Fairplay | 1,881 | $119,667 | $355,200 | $987 |
| Newnan | 44,235 | $82,292 | $364,700 | $1,542 |
More for people moving to Palmetto
Palmetto ZIP code ›Weather and climate ›Living in Palmetto: FAQ
What is the median household income in Palmetto, GA?
The median household income in Palmetto is $80,982, 5% higher than the Georgia median of $77,353 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palmetto?
The median home value in Palmetto is $228,800, compared with $303,300 in Georgia.
How much is rent in Palmetto?
The median gross rent in Palmetto is $1,154 per month, about 21.6% of household income.
Is Palmetto, GA a good place to live?
Pluses: median household income 5% higher than the Georgia median; home values 25% lower than the state median; an average commute of 27 minutes; unemployment of 1.2%; a poverty rate of 9.4%.
What is the median age in Palmetto?
The median age in Palmetto is 40.3 years (Georgia: 37.6).
How long is the commute in Palmetto?
The average commute to work in Palmetto is 27 minutes; 12.7% of workers work from home.
What is the unemployment rate in Palmetto?
The unemployment rate in Palmetto is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palmetto?
15.5% of adults in Palmetto 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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