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Palm Terrace, Gainesville,FL

Neighborhood Data
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If you’re considering a move to Gainesville, FL, Palm Terrace is a charming neighborhood that offers a wonderful blend of tranquility and convenience. Nestled in the southeastern part of the city, Palm Terrace stands out for its welcoming community vibe and beautiful, tree-lined streets. Residents here enjoy a peaceful suburban feel without sacrificing easy access to essential amenities. Whether you’re a professional working in town or a family looking for a safe and friendly environment, Palm Terrace provides a perfect backdrop for your next chapter.

One of the standout features of Palm Terrace is its proximity to some of Gainesville’s best attractions. For outdoor enthusiasts, the neighborhood is just a short drive from several parks and recreational areas, including the expansive San Felasco Hammock Preserve State Park, where hiking and nature watching are popular weekend activities. Food lovers will appreciate the variety of dining options nearby, from cozy cafés to vibrant farm-to-table restaurants, showcasing Gainesville’s growing culinary scene. Additionally, Palm Terrace is close to shopping centers and local markets, making everyday errands a breeze.

Getting to Downtown Gainesville from Palm Terrace is straightforward and convenient, typically just a 10 to 15-minute drive depending on traffic. This means residents can easily enjoy the cultural events, nightlife, and shopping that downtown offers, including the historic Hippodrome Theatre and the bustling Gainesville Farmers Market. The neighborhood’s accessibility to both the heart of the city and quieter suburban spaces makes it an excellent choice for those relocating to Gainesville who want the best of both worlds.

Community Snapshot

Population 169
Density (People/sqml.) 2,856
Median Age 23.9
Married Couples
22%
22% of the population of Palm Terrace aged 16 years and older are married.
Have Kids
8%
8% of the population aged 16 years or older have children.

About 22% of the Palm Terrace population aged 16 and older are married, which is notably lower than average. This could suggest a community with a younger, more transient population—perhaps made up of students, professionals, or renters. It may also reflect a neighborhood that attracts singles or couples without children, contributing to a more independent, urban lifestyle.

With only 8% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Palm Terrace neighborhood age breakdown chart

Palm Terrace demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 169 residents, Palm Terrace is notably smaller than many other Gainesville neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Palm Terrace has a population density of 2,856, which strikes a balanced feel when compared to other Gainesville neighborhoods. The area offers just the right mix of activity and breathing room, creating a community that’s lively yet comfortable, with easy access to amenities and everyday conveniences.

With a lower-than-average age of 24, you're likely to find a noticeably youthful energy and vibrant atmosphere. This younger population brings a dynamic mix of activity, innovation, and community involvement, shaping a neighborhood that feels lively, forward-thinking, and full of opportunity — making it an especially appealing choice for younger adults looking for an active and engaging community.

Crime in Palm Terrace

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Total Crime Incidents
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Types of Crime

Palm Terrace neighborhood age breakdown chart

Palm Terrace Crime Map

The Palm Terrace crime map offers a clear, data-driven look at how crime is distributed throughout the neighborhood, using block group data to highlight both safer areas and potential hot spots. The color-coded map makes it easy to see where crime is more concentrated and where it occurs less frequently, helping residents and prospective buyers better understand local safety patterns. It’s important to note that darker or red zones on the map don’t necessarily mean those areas are unsafe — locations near busy transit hubs, shopping districts, or popular attractions often show higher activity simply due to larger crowds and increased foot traffic.

Housing

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Home Price $308,550
Median Rent $1,941
People/Household 3.0

Home Price Breakdown

Palm Terrace neighborhood home price breakdown chart

Rent vs Own

Rent 63% Own 37%

Year Moved In

Before 2010 37% After 2010 63%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing prices can reveal a lot about the balance and overall appeal of a neighborhood. In Palm Terrace, the median home price is about $308,550, which is on par with many comparable areas. This average pricing reflects a stable, affordable housing market and makes the neighborhood an appealing choice for a wide range of buyers seeking both value and long-term potential. Examining how home prices and appreciation rates in Palm Terrace have shifted over time can reveal important clues about the neighborhood’s future value. These trends help potential buyers and investors understand market momentum and determine whether the area is likely to deliver strong returns over the long term.

With an average rent price of $1,941, rental rates in Palm Terrace are higher than many other neighborhoods. This reflects the area’s desirability and strong demand, often accompanied by well-maintained properties, premium amenities, and a high quality of life.

Walkability & Lifestyle

Coffee Shops

Tea Moment
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Entertainment

Stadium
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Linder Stadium
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Food & Drink

Checkers
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Dunkin'
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Groceries

Publix
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Paris Banh Mi
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Parks

University Park Arboretum
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Law School Park
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Shops

P.O.D. Market
Convenience Store
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Athletic Cuts
Beauty
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Getting Around

Transit Stops

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Health & Safety

Medical Facilities

CVS Pharmacy
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Student Infirmary
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Health Care

Dr. Pinkert
Doctor
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College of Dentistry
Dentist
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Safety

Gainesville Fire Station Number 4
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UPD Centrex Building
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Top Neighborhood Schools

Name Category Grades Rating
P.K. Yonge Developmental Research School
1080 Sw 11Th St, Gainesville, FL
High School KG - 12 School Score
Genesis Preparatory School
207 Nw 23Rd Ave, Gainesville, FL
Elementary School KG - 3 School Score
A.Quinn Jones Center
1108 Nw 7Th Ave, Gainesville, FL
High School 6 - 12 School Score
Westwood Middle School
3215 Nw 15Th Ave, Gainesville, FL
Elementary School 6 - 8 School Score
Cornerstone Academy
1520 Nw 34Th St, Gainesville, FL
High School PK - 12 School Score
J. J. Finley Elementary School
1912 Nw 5Th Ave, Gainesville, FL
Elementary School KG - 5 School Score
Alachua Mycroschool Of Integrated Academics And Technologies
2209 Nw 13Th St, Gainesville, FL
High School 7 - 12 School Score

Education Level Achieved

Education is a key factor in understanding the character and opportunities within a community like Palm Terrace. School ratings here reflect important indicators such as academic performance, graduation outcomes, and standardized testing, while NAEP (National Assessment of Educational Progress) scores offer a valuable national comparison to gauge how local schools measure up. Looking at the overall education level of residents in Palm Terrace can also provide meaningful insight into the neighborhood’s focus on learning and long-term growth, helping families choose a community that aligns with their educational goals.

Economy

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Income Per Capita $30,851
Household Income $87,803
Unemployment 10.8%

Income Breakdown

Palm Terrace Income breakdown chart

Employment by Industry

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Local economic factors help define the character and opportunities within a neighborhood, shaping everything from lifestyle to overall accessibility. Household incomes in Palm Terrace average around $87,803, which is about on par with many surrounding neighborhoods. This balanced income level supports a diverse community and offers a stable, well-rounded environment for residents.

The employment landscape can reveal important details about the economic conditions of a neighborhood and the opportunities available to its residents. In Palm Terrace, the unemployment rate is 11%, which is higher than average. This elevated rate may point to a more competitive job market or transitional economic conditions, shaping the overall character and pace of the community.

Frequently Asked Questions

What are some of the highlights?

Palm Terrace in Gainesville, FL, is known for its peaceful residential streets lined with mature palm trees and well-maintained homes. Residents enjoy easy access to nearby parks such as the Sweetwater Branch Trail and the Gainesville-Hawthorne State Trail, perfect for outdoor activities like biking and walking. The neighborhood's proximity to the University of Florida and local dining spots like The Top and Leonardo's 706 makes it a convenient and attractive place to live.

Are there any community events or local gatherings throughout the year?

While Palm Terrace itself is a primarily residential area, residents often participate in broader Gainesville community events. These include the Downtown Festival & Art Show held annually in nearby downtown Gainesville and seasonal farmers markets at the Haile Village Center. Local neighborhood associations may also organize block parties and holiday events to foster community spirit among Palm Terrace residents.

How far is Downtown?

Downtown Gainesville is approximately 3 to 4 miles from Palm Terrace, making it easily accessible by car in about 10-15 minutes depending on traffic. This close proximity allows residents to enjoy the vibrant downtown scene, including live music venues like The Wooly, a variety of restaurants, and cultural attractions such as the Hippodrome Theatre and the Cade Museum for Creativity and Invention.

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