Palmetto is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 13,577 people and 12 associated neighborhoods, Palmetto is the 183rd largest community in Florida.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.74% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Palmetto is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

The overall education level of Palmetto citizens is substantially higher than the typical US community, as 30.16% of adults in Palmetto have at least a bachelor's degree, and the average American community has 21.84%.

The per capita income in Palmetto in 2022 was $39,847, which is middle income relative to Florida, and upper middle income relative to the rest of the US. This equates to an annual income of $159,388 for a family of four. However, Palmetto contains both very wealthy and poor people as well.

Palmetto is an extremely ethnically-diverse city. The people who call Palmetto home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Palmetto residents report their race to be White, followed by Black or African-American. Palmetto also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 20.62% of the city’s residents. Important ancestries of people in Palmetto include German, English, Irish, Italian, and Polish.

The most common language spoken in Palmetto is English. Other important languages spoken here include Spanish and Polish.