Palmetto bay is located in Miami-Dade county Florida with a geographic area of 8.3 square miles. The total population in Palmetto bay is 24,308 with 51.4% male and 48.6% female. Children under age 5 represent 6.0% of the population, under age 18 equal 24.9% of the population and over age 65 is 13.5% of the population. The median household income is $123,235, per capita income is $53,746. There are a total of 7,454 housing units with 79.9% owner occupied. Education includes 8.6% of residents that are high school graduates and 63.9% with a bachelor's degree or higher. The average temperature in Palmetto bay in the summer is 80 degrees, and in the winter 56 degrees.