Palmetto Bay, FL's Data
About Palmetto Bay, FL's
Palmetto Bay village is a vibrant suburban community located in Miami-Dade County, Florida. Established on September 10, 2002, after the devastation caused by Hurricane Andrew, the village has grown into a well-planned and family-friendly locale. It is situated along the shores of Biscayne Bay, offering scenic views and a tranquil environment. The village emphasizes community engagement and environmental preservation, making it a desirable place for families and nature enthusiasts alike.
City: Palmetto Bay
State: Florida
Country: United States
Population: 24642
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Palmetto Bay, FL
Hike: Here are a couple of local trails to check out!
Local Attractions in Palmetto Bay, FL
Coral Reef Park - The largest municipal park in Palmetto Bay, offering tennis courts, a playground, and pathways for walking and biking.
Deering Estate - A historical estate with guided tours, nature trails, and access to Biscayne Bay, ideal for history buffs and outdoor enthusiasts.
Thalatta Estate Park - A picturesque waterfront park that is popular for weddings and events, featuring beautiful views of the bay.
Palmetto Bay Village Center - A focal point for community activities and events, hosting various cultural and social gatherings.
Bill Sadowski Park and Nature Center - Home to an observatory and a variety of natural habitats, this park is perfect for families and anyone interested in astronomy or wildlife.
The Economy of Palmetto Bay, FL
The economy of Palmetto Bay village is primarily driven by local businesses, retail, and services catering to the needs of its residents. The village benefits from its proximity to Miami, which provides additional employment opportunities and economic activities. Real estate is a significant sector, with residential development tailored to capitalize on the area's natural beauty and serene setting. Education and healthcare also contribute to the local economy, supported by several schools and medical facilities within and around the village.
Palmetto Bay, FL Inflation
Understanding the BLS and Inflation in Palmetto Bay, FL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Palmetto Bay, FL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Palmetto Bay, FL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Palmetto Bay, FL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Palmetto Bay, FL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Palmetto bay, FL
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