Population 512 · Census ACS 2020–24
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Population and households in Palmetto
Household size in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 2.81 | 2.53 | 2.68 |
| 2010–14 | 2.82 | 2.57 | 2.73 |
| 2015–19 | 2.66 | 2.57 | 2.71 |
| 2020–24 | 2.91 | 2.53 | 2.65 |
| Change | +0.10 | +0.00 | −0.03 |
Households in Palmetto are large by national standards, averaging 2.91 people against 2.65 for the U.S. That usually means more families with children at home. Household size has climbed from 2.81 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 40.5 | 38.3 | 37.7 |
| 2010–14 | 43.7 | 39.2 | 38.6 |
| 2015–19 | 46.0 | 39.9 | 39.6 |
| 2020–24 | 33.7 | 39.9 | 40.1 |
| Change | −6.7 | +1.6 | +2.3 |
With a median age of just 33.7, Palmetto is far younger than the country as a whole (40.1), a population that tilts toward young families with children.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 9.4% | 12.2% | 12.3% |
| 2010–14 | 5.0% | 12.0% | 12.3% |
| 2015–19 | 13.4% | 11.6% | 11.6% |
| 2020–24 | 12.8% | 11.8% | 11.6% |
| Change | +3.4 pts | −0.4 pts | −0.6 pts |
Single parents head about one in eight households in Palmetto (12.8%), a bit above the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Palmetto
Renters in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 16.9% | 30.4% | 33.3% |
| 2010–14 | 11.1% | 32.9% | 35.6% |
| 2015–19 | 13.7% | 33.7% | 36.0% |
| 2020–24 | 17.8% | 33.1% | 34.8% |
| Change | +0.9 pts | +2.6 pts | +1.5 pts |
Palmetto is largely a place of homeowners: only 17.8% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Nearly half of owners (46.8%) have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 7.5% | 11.5% | 11.4% |
| 2010–14 | 9.9% | 11.8% | 11.4% |
| 2015–19 | 15.0% | 11.8% | 11.1% |
| 2020–24 | 8.7% | 10.1% | 9.6% |
| Change | +1.2 pts | −1.4 pts | −1.8 pts |
About as many homes sit empty in Palmetto as nationally: 8.7%, against 9.6%.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 1991 | 1981 | 1974 |
| 2010–14 | 1987 | 1982 | 1975 |
| 2015–19 | 1992 | 1983 | 1977 |
| 2020–24 | 1992 | 1986 | 1980 |
| Change | +1 | +6 | +6 |
Much of the housing in Palmetto is relatively new: half of its homes were built after 1992, compared with 1980 for the U.S. as a whole.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | $500 | $761 | $965 |
| 2010–14 | $659 | $837 | $1,040 |
| 2015–19 | $1,021 | $961 | $1,213 |
| 2020–24 | $1,035 | $1,286 | $1,571 |
| Change | +$535 | +$526 | +$606 |
A typical rental in Palmetto costs $1,035 a month with utilities, well below the national median of $1,571. The typical renter here spends 23.4% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Palmetto
Bachelor's degrees in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 9.4% | 23.9% | 28.4% |
| 2010–14 | 9.7% | 25.3% | 29.6% |
| 2015–19 | 12.6% | 27.9% | 32.1% |
| 2020–24 | 16.0% | 31.4% | 35.6% |
| Change | +6.6 pts | +7.5 pts | +7.2 pts |
Fewer adults in Palmetto have a four-year degree than in the country as a whole: 16.0%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 81.9% | 83.3% | 84.9% |
| 2010–14 | 79.4% | 85.4% | 86.1% |
| 2015–19 | 76.8% | 87.6% | 87.7% |
| 2020–24 | 84.1% | 89.9% | 89.3% |
| Change | +2.2 pts | +6.6 pts | +4.3 pts |
Nearly one in six adults in Palmetto never finished high school, well above the national share: only 84.1% have a diploma or equivalent, against 89.3% nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Palmetto
| Period | Palmetto | Tennessee | U.S. |
|---|---|---|---|
| 2006–10 | 7.3% | 8.6% | 8.1% |
| 2010–14 | 12.9% | 9.6% | 9.4% |
| 2015–19 | 4.4% | 5.4% | 5.6% |
| 2020–24 | 6.4% | 4.8% | 5.4% |
| Change | −0.9 pts | −3.8 pts | −2.7 pts |
Unemployment runs a little high in Palmetto: 6.4% of the labor force was out of work and looking, against 5.4% nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Palmetto compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Palmetto | 2.91 | 33.7 | 12.8% | 17.8% | 8.7% | 1992 | $1,035 | 16.0% | 84.1% | 6.4% |
| Sims Spring | 2.89 | 32.9 | 11.7% | 19.0% | 9.5% | 1992 | $1,053 | 14.9% | 83.8% | 7.3% |
| Farmington | 3.03 | 36.4 | 19.1% | 9.7% | 4.6% | 1995 | $1,060 | 27.5% | 85.6% | 0.8% |
| Halls Mill | 2.76 | 36.0 | 14.2% | 22.6% | 10.2% | 1992 | $1,021 | 12.9% | 87.5% | 5.3% |
| Belfast | 2.78 | 41.3 | 16.5% | 23.6% | 15.5% | 1982 | $1,176 | 15.0% | 85.4% | 4.1% |
| Verona | 2.92 | 38.7 | 19.2% | 6.4% | 3.9% | 1998 | $1,081 | 26.9% | 87.5% | 1.3% |
| Richmond | 2.20 | 48.6 | 1.0% | 4.1% | 6.4% | 1990 | $1,043 | 13.2% | 94.0% | 1.6% |
| Elbethel | 2.85 | 32.1 | 14.2% | 11.3% | 3.8% | 2000 | $1,063 | 17.5% | 91.0% | 2.9% |
| Lewisburg | 2.57 | 39.1 | 14.7% | 31.1% | 9.8% | 1982 | $970 | 21.1% | 89.5% | 5.1% |
| Vannatta | 2.09 | 44.5 | 4.0% | 18.0% | 2.8% | 1995 | $1,295 | 21.1% | 85.5% | 2.4% |
| Talley | 2.64 | 44.3 | 15.2% | 11.7% | 15.9% | 1989 | $1,295 | 20.9% | 86.7% | 9.9% |
All figures 2020–24.
Cities with similar populations: Idaho, OH · Silverville, PA · Silver Lake, TN · Silvara, PA · Sigurd, UT · Sidney, TX · Island Ford, VA · Iron Junction, MN · Irisburg, VA · Ione, GA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Palmetto. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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