Palmetto, GA Profile: Facts & Data

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Palmetto, Georgia - Basic Facts

The City of Palmetto had a population of 4,823 as of July 1, 2019. Palmetto ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Georgia. See peer rankings below.

The primary coordinate point for Palmetto is located at latitude 33.5179 and longitude -84.6697 in Fulton County. The formal boundaries for the City of Palmetto encompass a land area of 11.8 sq. miles and a water area of 0.19 sq. miles. Fulton County is in the Eastern time zone (GMT -5). The elevation is 1,020 feet.

While the primary coordinates for City of Palmetto are located in Fulton County, it should be noted that the formal boundaries for this community also extend into and Coweta County.

The City of Palmetto (GNIS ID: 2404466) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Georgia is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Palmetto is located within Palmetto Division of Fulton County.

Alternate Unofficial Names for Palmetto: Palmetto Station.

Jump to... (On This Page!)
  1. Palmetto 2019 Demographic Data
  2. Growth Rates for Palmetto (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Georgia Research Tools (Easy Tools & Current Data)
  3. Georgia Data Comparison Tool - 2019 Demographics

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Palmetto, GA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Palmetto, GA Housing Affordability Index is 206
State of Georgia Housing Affordability Index is 143
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Palmetto, GA Wealth Index is 91
State of Georgia Wealth Index is 88
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Georgia COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 4,823 (100%)
Population in Households 4,788 (99.3%)
Population in Families 4,011 (83.2%)
Population in Group Quarters1 35 ( 0.7%)
Population Density 407
Diversity Index2 65
 

INCOME

Median Household Income $53,326
Average Household Income $79,457
Per Capita Income $28,970
Wealth Index4 91

HOUSING

Total Housing Units 1,941 (100%)
Owner Occupied HU 1,155 (59.5%)
Renter Occupied HU 566 (29.2%)
Vacant Housing Units 220 (11.3%)
Median Home Value $137,876
Housing Affordability Index3 206
 

HOUSEHOLDS

Total Households 1,721
Average Household Size 2.78
Family Households 1,206
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.74% 1.61%
Households 0.7% 1.53%
Families 1.1% 1.59%
Median Household Income   3.73%
Per Capita Income   4.31%

Palmetto, GA - Peer Comparisons by Rank and Percentile

The table below compares Palmetto to the other 625 incorporated cities, towns and CDPs in Georgia by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 166 74th
Population Density # 388 38th
Diversity Index # 101 84th
Median Household Income # 169 73rd
Per Capita Income # 105 83rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Georgia Census Data Comparison Tool.

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