Palm Bay vs Cape Coral
| Palm Bay | Cape Coral | |
|---|---|---|
| Population | 121,513 | 198,912 |
| Median Household Income | $72,614 | $78,104 |
| Median Home Value | $283,200 | $373,500 |
| Median Gross Rent | $1,601/mo | $1,858/mo |
| Homeownership Rate | 79.7% | 77.2% |
| Unemployment Rate | 6.0% | 3.8% |
| Bachelor's Degree or Higher | 24.0% | 26.9% |
| Median Age | 41.0 | 48.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.