Median Household Income
$72,614 ± $3,753
Median Home Value
$283,200 ± $6,762
Median Gross Rent
$1,601 ± $71/mo
Per Capita Income
$34,813
Poverty Rate
11.7%
Unemployment Rate
6.0%
Homeownership Rate
79.7%
Bachelor's Degree or Higher
24.0%
Median Age
41.0
Average Commute
25 min
Households
45,850
Veterans
9,975
Population Over Time
Palm Bay grew 24.7% from 2014 to 2024.
2014
104,342
2016
106,573
2018
110,271
2020
113,751
2022
121,513
2024
130,132
Population by Race & Ethnicity
White
55.4%
Hispanic or Latino
20.6%
Black or African American
20.4%
Asian
2.3%
Nearby Cities in Florida
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.