Palatka Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Palatka, Florida? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Palatka, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Palatka is $30,945.00.

The chart below shows the average household income by age in Palatka.

• Under 25
  $47,782.00
• 25 to 44
  $41,427.00
• 45 to 64
  $26,250.00
• 65 and over
  $27,911.00

Average Household Income

A very commonly asked question is "what is the average household income in Palatka, Florida?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Palatka is $45,317.00.

1.39% of households in Palatka, Florida are classed as high income households (making $200,000+ per year).

Household Income Tiers for Palatka

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Palatka, Florida easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  40.00%
• $25,000 to $49,999
  31.06%
• $50,000 to $74,999
  12.58%
• $75,000 to $99,999
  7.69%
• $100,000 to $149,999
  5.86%
• $150,000 to $199,999
  1.41%
• $200,000 or more
  1.39%

Per Capita Income

The per capita income is the average income of all people in Palatka, Florida. This is calculated by dividing the total income of all people in Palatka by the total number of people in Palatka.

It differs from the average or mean household income because it includes all people in Palatka and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Palatka, Florida is $19,694.00.

Population in Palatka by Race and Ethnicity

The total population in Palatka is currently 10,471 people.

The race and ethnicity of the population in Palatka can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Palatka, Florida.

• 0.20% White
  16
• 92.40% Black/African American
  9,677
• 48.20% Native
  5,044
• 4.30% Hispanic
  447
• 39.90% Asian
  4,181
• 0.70% Hawaiian/Pacific Islander
  69
• 0.00% Two or more races
  0
• 1.10% Other
  118

Population of Palatka by Age and Gender

Another very important demographics statistic for Palatka, Florida is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Palatka, Florida.

• Master's degree or higher
  7.25%
• Bachelor's degree
  12.17%
• Some college or associate's degree
  11.02%
• High school diploma or equivalent
  58.19%
• Less than high school diploma
  11.37%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Palatka because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Palatka look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Palatka, Florida that are over the age of 16.

The current population in Palatka that are over the age of 16 is 8,046 people.

The unemployment rate in Palatka is 10.10%, which means 367 people are unemployed.

Median Age in Palatka

The median age is an interesting metric because it gives us an idea of the age distribution of people in Palatka, Florida. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Palatka is 39.9 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Palatka

39.9

Total

34.7

Male

45.1

Female

Households and Families

There are a total of 4,317 households in Palatka, and the average household size is 2.28 people.

For families, the total number is 2,027, and the average family size is 3.3 people.

21.80% of those families in Palatka, Florida are living below the poverty line.

The table below shows the poverty thresholds for Palatka in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Palatka, Florida for each type, as well as the average sizes.

Housing Data in Palatka

There are total of 4,667 housing units in Palatka, Florida. Of those units, 4,317 (92.50%) are occupied, and 350 (7.50%) are vacant.

Rental Rates

Of the 4,667 housing units in Palatka, 2,139 (45.83%) are occupied by renters. The median rent paid by renters is $792.00.

Owner occupied housing units make up the remaining 45.04% of housing units, with 2,102 housing units in total.

The table below breaks down how much rent is paid by renters in Palatka, Florida.

• No rent paid
  76
• Less than $500
  589
• $500 to $999
  963
• $1,000 to $1,499
  546
• $1,500 to $1,999
  34
• $2,000 to $2,499
  7
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in Palatka is $97,800.00.

The table below breaks down the range of valuations for all properties in Palatka.

• Less than $50,000
  406
• $50,000 to $99,999
  668
• $100,000 to $149,999
  375
• $150,000 to $199,999
  318
• $200,000 to $299,999
  150
• $300,000 to $499,999
  107
• $500,000 to $999,999
  78
• $1,000,000 or more
  0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Palatka, Florida.

• 1939 or earlier
  877
• 1940 to 1949
  171
• 1950 to 1959
  572
• 1960 to 1969
  802
• 1970 to 1979
  757
• 1980 to 1989
  638
• 1990 to 1999
  233
• 2000 to 2009
  424
• 2010 to 2013
  145
• 2014 or later
  48

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Palatka has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  725
• 1 vehicle available
  2,287
• 2 vehicles available
  865
• 3 or more vehicles available
  440

Commuting to Work in Palatka

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Palatka, Florida, how they commute, and how that correlates to other data points.

The average travel time is 22.1 minutes, and the chart below covers the range of travel times across the population of Palatka.

• Less than 5 minutes
  78
• 5 to 9 minutes
  593
• 10 to 14 minutes
  900
• 15 to 19 minutes
  171
• 20 to 24 minutes
  246
• 25 to 29 minutes
  80
• 30 to 34 minutes
  116
• 35 to 39 minutes
  181
• 40 to 44 minutes
  105
• 45 to 59 minutes
  295
• 60 to 89 minutes
  213
• 90 or more minutes
  32

We can also look at the means of transport in Palatka to see which modes of transport people are using to commute to work.

• Drove alone
  2,577
• Carpooled
  285
• Public transportation
  42
• Walked
  80
• Other means
  26
• Worked from home
  187

Conclusion

Hopefully this article has given you the demographics data you were looking for in Palatka, Florida.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Palatka.

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