Income & Economy in Palmetto Bay village, FL (33158)
Median Income
$180,357
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+270
Wealth inflow
Population
6,029
Unemployment
2.8%
0.9pp below US avg
IRS migration statistics show a net inflow of about 270 for ZIP 33158 (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.
Historical Trends in 33158 (2020–Present)
Since 2020, population declined 3.3%, median income fell 3.8% (inflation-adjusted), home values increased 15.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $180,357 |
| Unemployment | 2.8% |
| Establishments | 166 |
| Employees | 558 |