People QuickFacts Palmetto Bay Florida Population, 2011 estimate 23,964 19,082,262 Population, 2010 (April 1) estimates base 23,410 18,802,690 Population, percent change, April 1, 2010 to July 1, 2011 2.4% 1.5% Population, 2010 23,410 18,801,310 Persons under 5 years, percent, 2010 5.1% 5.7% Persons under 18 years, percent, 2010 26.2% 21.3% Persons 65 years and over, percent, 2010 12.1% 17.3% Female persons, percent, 2010 51.5% 51.1%  White persons, percent, 2010 (a) 84.9% 75.0% Black persons, percent, 2010 (a) 6.2% 16.0% American Indian and Alaska Native persons, percent, 2010 (a) 0.1% 0.4% Asian persons, percent, 2010 (a) 4.5% 2.4% Native Hawaiian and Other Pacific Islander, percent, 2010 (a) Z 0.1% Persons reporting two or more races, percent, 2010 2.1% 2.5% Persons of Hispanic or Latino origin, percent, 2010 (b) 38.6% 22.5% White persons not Hispanic, percent, 2010 49.5% 57.9%  Living in same house 1 year & over, percent, 2007-2011 92.0% 83.5% Foreign born persons, percent, 2007-2011 27.1% 19.2% Language other than English spoken at home, percent age 5+, 2007-2011 43.8% 27.0% High school graduate or higher, percent of persons age 25+, 2007-2011 93.4% 85.5% Bachelor's degree or higher, percent of persons age 25+, 2007-2011 51.1% 26.0% Veterans, 2007-2011 1,170 1,637,466 Mean travel time to work (minutes), workers age 16+, 2007-2011 32.8 25.7  Housing units, 2010 8,372 8,989,580 Homeownership rate, 2007-2011 84.0% 69.0% Housing units in multi-unit structures, percent, 2007-2011 10.8% 29.9% Median value of owner-occupied housing units, 2007-2011 $481,900 $188,600 Households, 2007-2011 7,358 7,140,096 Persons per household, 2007-2011 3.16 2.56 Per capita money income in the past 12 months (2011 dollars), 2007-2011 $39,670 $26,733 Median household income, 2007-2011 $106,017 $47,827 Persons below poverty level, percent, 2007-2011 6.4% 14.7%     Business QuickFacts Palmetto Bay Florida Total number of firms, 2007 3,056 2,009,589 Black-owned firms, percent, 2007 S 9.0% American Indian- and Alaska Native-owned firms, percent, 2007 F 0.5% Asian-owned firms, percent, 2007 S 3.2% Native Hawaiian and Other Pacific Islander-owned firms, percent, 2007 F 0.1% Hispanic-owned firms, percent, 2007 32.5% 22.4% Women-owned firms, percent, 2007 S 28.9%  Manufacturers shipments, 2007 ($1000) NA 104,832,907 Merchant wholesaler sales, 2007 ($1000) 59,306 221,641,518 Retail sales, 2007 ($1000) 1,137,432 262,341,127 Retail sales per capita, 2007 $48,911 $14,353 Accommodation and food services sales, 2007 ($1000) 32,266 41,922,059     Geography QuickFacts Palmetto Bay Florida Land area in square miles, 2010 8.29 53,624.76 Persons per square mile, 2010 2,823.9 350.6 FIPS Code 54275 12 Counties Miami-Dade County (a) Includes persons reporting only one race. (b) Hispanics may be of any race, so also are included in applicable race categories. FN: Footnote on this item for this area in place of data NA: Not available D: Suppressed to avoid disclosure of confidential information X: Not applicable S: Suppressed; does not meet publication standards Z: Value greater than zero but less than half unit of measure shown F: Fewer than 100 firms Source: US Census Bureau State & County QuickFacts