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Palm Bay, FL cityscape

32905

Palm Bay, FL

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Total Population

24,971
5-year trend
+5.8%

Median Household Income

$54,145
5-year trend
+13.4%

Median Home Value

$180,700
5-year trend
+13.4%

Median Rent

$1,249
5-year trend
+26.0%

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Key Insights

What the data tells us about this area

Median household income is 100% higher than the state average, indicating an affluent area.

Home values are 100% higher than the state average. This area has a competitive real estate market.

Quick Facts & Insights

Key metrics and how they compare

Household Income
$54,145
100.2% above state avg
Home Value
$180,700
100.5% above state avg
Rent
$1,249
100% above state avg
Population Density
24,971 residents
Median Age
44.0 years
Safety Score
50/100
Moderate safety

Livability Score

Overall quality of life rating based on key factors

Overall Livability
71
Good
Out of 100

Score Breakdown

Amenities
100/100
Cost of Living
100/100
Safety
50/100
Education
40/100
ℹ️ Hover for details
Employment
70/100
Housing
93/100
Weather
65/100

Data Sources & Accuracy

Official Government Data:Demographics and housing statistics are from the U.S. Census Bureau API (American Community Survey 5-Year Estimates). Weather and climate data comes from the National Oceanic and Atmospheric Administration (NOAA) API with official climate normals from the nearest weather station. Crime statistics are from the FBI Crime Data Explorer API, with county-level data when available, otherwise state-level official data.
Modeled Estimates:Schools and some economic indicators are currently modeled using statistical methods based on national averages and regional patterns. For critical decisions, verify with official sources:

Learn more about our data sources and methodology on our Data Sources page.

Interactive Location Map

Palm Bay, FL 32905

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Coordinates: 27.9686°, -80.6116°Open in Google Maps

Cost of Living

Compared to national average (100 = US average)

Overall Cost Index
59
Lower than avg
100 = US National Average

Cost Index by Category

Housing
0
Below avg
Transportation
90
Average
Healthcare
95
Average
Groceries
85
Below avg
Utilities
92
Average
Overall
59
Below avg

Economy & Employment

Job market and economic indicators

Labor Force
11,338
Employment Rate
93.1%
Avg. Commute
29 min
Work From Home
1%

Top Industries by Employment

Industry Breakdown

Finance & Insurance
25.4%
Educational Services
21.4%
Manufacturing
15.6%
Construction
14.9%
Professional & Business Services
14.2%
Total Employed
10,551
Total Unemployed
767
Unemployment Rate
6.8%

Nearby ZIP Codes

Explore surrounding areas

32951
1.7 mi
Melbourne Beach, FL
Pop: 11,516
Income: $80k
32909
3.0 mi
Palm Bay, FL
Pop: 36,725
Income: $72k
32901
3.4 mi
Melbourne, FL
Pop: 27,574
Income: $47k
32949
4.1 mi
Grant, FL
Pop: 2,609
Income: $108k
32907
4.5 mi
Palm Bay, FL
Pop: 47,823
Income: $67k
32908
5.0 mi
Palm Bay, FL
Pop: 14,172
Income: $63k
32941
6.2 mi
Melbourne, FL
Pop: 22,941
Income: $58k
32906
7.2 mi
Palm Bay, FL
Pop: 7,906
Income: $38k
32950
7.2 mi
Malabar, FL
Pop: 4,666
Income: $106k
32934
8.3 mi
Melbourne, FL
Pop: 18,030
Income: $100k
32904
9.7 mi
Melbourne, FL
Pop: 36,556
Income: $86k
32903
9.8 mi
Indialantic, FL
Pop: 14,604
Income: $96k

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Demographics Overview

Comprehensive population statistics and demographic breakdown

Key Demographic Insightsfor Palm Bay, FL

Median household income is 100% below state average, suggesting more affordable cost of living.

26.7% of adults hold bachelor's degrees or higher, comparable to national average.

Unemployment rate of 6.8% is above national average, indicating economic challenges.

Poverty rate of 15.1% is above national average of 11.5%.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$54,145
-27.9% vs US
vs State Median
+-100.2%
State: $-27,939,835
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.34 people

Total Households
10,492
Family Households
33.7%

Employment by Industry

Where residents work

#1 Industry
Finance
25.4%
#2 Industry
Education
21.4%
#3 Industry
Manufacturing
15.6%
Total Employed Residents:6,557

Commute Patterns

How residents get to work

Short Commute
1.9%
Under 10 minutes
Long Commute
3.0%
Over 60 minutes
Work From Home
1.3%
130 workers
Public Transit
0.7%
65 workers
Total Commuting Workers:9,652
Commute Insights

Labor Force Statistics

Employment Rate
93.2%
10,551 employed
Labor Force
11,338
767 unemployed
Unemployment Rate:6.8%
Median Age
44.0 years
Per Capita Income
$28,024
Poverty Rate
15.1%
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