Located on the north bank of the Manatee River, Palmetto was named for the palmetto trees that lined the original town site. Established in 1868 by Samuel Sparks Lamb, who is considered the "Father of Palmetto," this historic city offers a waterfront atmosphere with easy access to Tampa Bay. The riverfront bustles with fishing boats and pleasure craft, while Riverside Park and the Palmetto Historical Park preserve the city's rich heritage.

Palmetto offers a variety of rental options, from single-family homes to boutique apartment communities. The average rent for a one-bedroom apartment is around $878, making it more affordable than nearby areas like Palmetto Bay, where similar units average $2,396. The city features distinct neighborhoods, including the waterfront properties along the Manatee River and the established Terra Ceia area. The Riviera Dunes community, developed on a former dolomite mine site, features waterfront homes and a 225-slip marina.

Commuting from Palmetto is straightforward with US Routes 41 and 301 converging in the city, providing direct access to the greater Tampa-St. Petersburg-Sarasota region. The city maintains its small-town character while being part of the North Port-Bradenton-Sarasota Metropolitan Statistical Area. With a population of approximately 13,323 residents, Palmetto combines historic charm with modern convenience, offering residents access to the amenities of the surrounding metropolitan area. Major employers in the region include healthcare facilities, educational institutions, and various service industries.