Palmetto

The Village of Palmetto is defined less by boundaries on a map than by the sense of shared values their residents hold dear. Small town values, guided growth, preservation of historical, cultural, and natural heritage are just a few of the core principles that make Village of Palmetto a wonderful place to call home.

Located on Hwy. 10, between Melville and Hwy. 71, Palmetto earned its name from the plentiful plants that grow in the area. Before a sign was made for the train depot, fronds of a palmetto plant were nailed to the building. The spirit of early Palmetto is still felt at the community’s general store, which has been open since the 1930s.

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Population

Total Population

103

Population
Growth Rate

-0.99%

Median Age

53

Diversity Index

55.600

Housing & Income

Households

42

Total Housing Units

57


Owner Occupied

28

Renter Occupied

14

Vacant

15

Median Home Value

$85,000


Average Home Value

$121,429

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

3.46%

Income Projection

Median Household

$26,565 $35,726


Average Household

$54,557 $64,615


Per Capita

$22,247 $26,374

Workforce

Total Businesses

10

Total Employed

150

Workers 16+

35

2023 Manufacturing Businesses

cp-industries

Businesses

1

Employed

75

2023 Educational Services - Businesses

cp-industries

Businesses

1

Employed

30

2023 Transportation / Warehouse

cp-industries

Businesses

2

Employed

20

2023 Public Administration

cp-industries

Businesses

3

Employed

14

2023 Other Service excl Pub Admin

cp-industries

Businesses

2

Employed

10

2023 Central Bank / Crdt Intrmdtn

cp-industries

Businesses

1

Employed

1

Some
High School

15

Graduated
High School

43

Associates
Degree

2

Bachelor's
Degree

1

Graduate
Degree

1

Average Commute Time

0 min.



Resident Commuters

23

Non-Resident Commuters

9

Drive Alone

26

Carpooled

3

Public

0

Work At Home

2

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