Palm Island Estates, Placida, FL demographics:
population, income, and more
Palm Island Estates population
How many people live in Palm Island Estates
Palm Island Estates is home to 109 residents, according to the most recent Census data. Gender-wise, 47.7% of Palm Island Estates locals are male, and 52.3% are female.
Age demographics
The median age in Palm Island Estates is 66, with the population distributed as follows: about 5.5% are children under 15, then 1.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 5.5% of the population, while another 36.7% fall into the 45 to 64 bracket. Finally, around 50.5% are 65 or older.
Racial makeup
In Palm Island Estates, 90.8% of the population are US-born citizens, while 6.4% have gained naturalized citizenship. At the same time, 2.8% of residents are non-citizens. There’s also a share of 3.7% that includes residents with two or more races.
Households in Palm Island Estates
A peek inside Palm Island Estates households
Palm Island Estates has 54 households, with an average of 2 members in each. Of these, 75.9% are families, while the remaining 24.1% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Palm Island Estates
The housing landscape of Palm Island Estates
Palm Island Estates's housing consists of 120 units, with 61.3% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 5.9% of the housing landscape.
The age of buildings in Palm Island Estates
In Palm Island Estates, the median construction year is 1998. Most development happened in the second half of the 20th century. Then, 29.2% of homes were added from 2000 to 2009, 15.8% between 2010 and 2019, and 0.8% are part of the newest wave of development.
Palm Island Estates occupancy rates
Out of the 54 occupied housing units in Palm Island Estates, 92.6% are owner-occupied, while 7.4% are lived in by tenants. Meanwhile, 55% of all homes on the local market sit vacant.
Palm Island Estates housing costs
Housing costs in Palm Island Estates come to a median of $1,282 per month, while tenants specifically pay a median gross rent of $861.
Education in Palm Island Estates
Palm Island Estates education at a glance
About 29.4% of the population in Palm Island Estates went to high school, while 15.7% pursued college studies. Another 10.8% earned an associate degree and 19.6% hold a bachelor’s. Meanwhile, 22.6% went even further, earning a master’s or doctorate.
Income in Palm Island Estates
How much people earn in Palm Island Estates
The average annual household income in Palm Island Estates was $108,661 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -29% change from the previous year. At the same time, the median income stood at $85,848, reflecting a -8.2% shift over the same period.
Palm Island Estates income by age
Those with someone between 45 and 64 in charge, often well established professionally, earn $85,067 overall. Overall, 96.3% of the locals in this community live above the poverty line.
Employment in Palm Island Estates
Workforce and job types in Palm Island Estates
96.9% of the working population are employed in professional or administrative positions, while 3.1% are in hands-on or service-based jobs. Also, 18.8% run their own businesses, 78.1% are employed by private companies, and 3.1% work in the public sector.
Workforce demographics
Transportation in Palm Island Estates
How people get around in Palm Island Estates
What is the median and average household income in Palm Island Estates by zipcode?
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FAQs about Palm Island Estates demographics
What is the total population of Palm Island Estates?
What is the gender ratio in Palm Island Estates?
- 47.7% males (52 residents)
- 52.3% females (57 residents)
What is the median age in Palm Island Estates?
What is the age distribution of the population in Palm Island Estates?
- Under 15: 5.5% (6 residents)
- Ages 15-24: 1.8% (2 residents)
- Ages 25-44: 5.5% (6 residents)
- Ages 45-64: 36.7% (40 residents)
- Over 65: 50.5% (55 residents)
What is the racial and ethnic makeup of Palm Island Estates?
- White: 93.6% (102 residents)
- Black or African American: 0% (0 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 1.8% (2 residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 3.7% (4 residents)
- Other: 0.9% (1 residents)
What percentage of the population in Palm Island Estates are U.S.-born citizens?
How many housing units are there in Palm Island Estates?
How many households are in Palm Island Estates and what is the average household size?
What is the median household income in Palm Island Estates?
What is the job market overview for Palm Island Estates?
Job types:
- White-collar workers: 96.9% (31 residents)
- Blue-collar workers: 3.1% (1 residents)
Places of employment:
- Self-employed: 18.8% (6 residents)
- Private companies: 78.1% (25 residents)
- Governmental workers: 3.1% (1 residents)
- Not-for-profit companies: 0% (0 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.