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.

Median home value

Palmetto$228,800
Georgia$303,300
United States$332,700

Median monthly rent

Palmetto$1,154
Georgia$1,393
United States$1,413

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%).

Median household income

Palmetto$80,982
Georgia$77,353
United States$80,734

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+

Race and ethnicity

White27.4%
Hispanic or Latino22.2%
Black44.4%
Asian0%

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.

Bachelor's degree or higher

Palmetto15.5%
Georgia34.9%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Palmetto4,797$80,982$228,800$1,154
Chattahoochee Hills3,782$111,792$397,000—
Fairburn16,831$91,897$271,800$1,479
Tyrone7,896$135,691$470,400$1,191
Union City27,728$49,549$245,600$1,330
South Fulton110,471$82,324$309,800$1,702
Peachtree City39,576$113,987$482,500$2,086
Fairplay1,881$119,667$355,200$987
Newnan44,235$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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