ZIP 33157 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Palmetto Bay village, FL (33157)

Median Income

$80,364

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+3,115

Wealth inflow

Population

69,605

Unemployment

5.8%

2.1pp above US avg

IRS migration statistics show a net inflow of about 3,115 for ZIP 33157 (Palmetto Bay village, FL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

5.8%+57% vs US avg

Self-Employed

3.2%-48% vs US avg

SNAP Benefits

20.5%+75% vs US avg

1,850

Establishments

19,603

Employees

~11 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.3%
Construction8.9%
Manufacturing3.9%
Wholesale trade2.4%
Retail trade13.0%
Transportation, utilities8.2%
Information1.5%
Finance, insurance, real estate6.8%
Professional, scientific, management14.1%
Education, health care, social21.1%
Arts, entertainment, food services8.3%
Other services7.1%
Public administration4.4%

Household Income

Historical Trends in 33157 (2020–Present)

Since 2020, population grew 3.5%, median income fell 0.8% (inflation-adjusted), home values increased 19.3%.

Median Income

$80,364

+7% vs US avg

Unemployment Rate