Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.9 yrs |
|---|---|
| Avg HH Size | 2.82 |
| Below Poverty | 11.4% ▲ 14% above avg |
| College Grads | 36.7% ≈ Avg |
| Unemployment | 5.8% ▲ 19% above avg |
| No HS Diploma | 1,375 (1.6%) |
| HS Graduate | 26,927 (31.7%) |
| Some College | 12,909 (15.2%) |
| Associates | 12,511 (14.7%) |
| Bachelors | 11,028 (13%) |
| Graduate Degree | 20,076 (23.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,818 ▼ 9% below avg |
|---|---|
| Median Home Value | $248,356 ▼ 11% below avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,585/mo |
| Total Housing Units | 49,814 |
| Vacant Units | 4,465 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palm Bay is a city in Florida, located in Brevard County. The city spans 7 ZIP codes and is home to approximately 127,406 residents. It is a middle-aged city, with a median age of 41.89 years.
Economically, Palm Bay is a solidly middle-class community. The median household income of $69,817 is near the national average. Approximately 11.4% of residents live below the poverty line. The unemployment rate is 5.8%, above the national average.
The real estate market in Palm Bay is an affordable housing market. Median home values stand at $248,356, which is near the national average. Renters typically pay around $1,585 per month. Homeownership is high at 79.9%, typical of suburban and family-oriented communities.
The population of Palm Bay is moderately educated. 36.7% of adults hold a bachelor's degree or higher — near the national average. The community is majority White (53.08%).
Palm Bay, FL offers residents a cost-conscious lifestyle within Florida. Spread across 7 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 32905 | 24,473 | $56,671 | $206,200 | $1,361 | 7.1% | 38.9% | 56.8% |
| 32907 | 48,352 | $71,827 | $253,700 | $1,693 | 4.9% | 35.0% | 85.9% |
| 32908 | 14,970 | $66,589 | $265,500 | $1,822 | 7.5% | 41.3% | 88.9% |
| 32909 | 39,611 | $76,708 | $261,400 | $1,502 | 5.5% | 35.6% | 83.3% |