Palm Bay vs Miami
| Palm Bay | Miami | |
|---|---|---|
| Population | 121,513 | 443,665 |
| Median Household Income | $72,614 | $62,462 |
| Median Home Value | $283,200 | $518,100 |
| Median Gross Rent | $1,601/mo | $1,758/mo |
| Homeownership Rate | 79.7% | 30.8% |
| Unemployment Rate | 6.0% | 5.2% |
| Bachelor's Degree or Higher | 24.0% | 37.4% |
| Median Age | 41.0 | 39.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.