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Palm Bay, FL

Comprehensive demographics, housing data, local amenities, and economic statistics for Palm Bay.

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Community Insights

Veteran Community
10% of residents
top 14% nationally
Leading Industries
Healthcare · Arts, Food & Hospitality
12% healthcare
Home Value Growth⬆
+7.8% over 2 years
Young Adults
27% of residents
near the national average
Homeowners
80% of occupied units

People & Demographics

Total Population129,569
Households—
Under 18
21.0%
Age 18–34
27.0%
Age 35–64
32.0%
Age 65+
20.0%
Veterans
10.0%
Active Duty
1.0%

Housing & Living

Median Home Value$275,540
Median Gross Rent$1,739/mo
Owner Occupied
79.6%
Renter Occupied
20.4%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$71,260
Poverty Rate—

Key Industries

Healthcare12.0%
Professional Services1.0%
Manufacturing0.0%
Retail12.0%
Education1.0%

Amenities & Transit

Transit Score63 / 100
Walkability / Amenities55 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
15.0%
Master's or Higher
7.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Palm Bay?›

The total population of Palm Bay is approximately 129,569. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Palm Bay walkable and transit-friendly?›

Based on local geographic data, Palm Bay has an amenity and walkability score of 55/100 and a transit score of 63/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Palm Bay?›

The housing market in Palm Bay is predominantly driven by homeowners, with 80% of housing units being owner-occupied and 20% being renter-occupied.

What is the education level of residents in Palm Bay?›

In Palm Bay, approximately 15% of adult residents hold a bachelor's degree or higher. Additionally, 7% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.