In 2023, Palm Bay, FL had a population of 125k people with a median age of 41.3 and a median household income of $67,521. Between 2022 and 2023 the population of Palm Bay, FL grew from 121,513 to 125,273, a 3.09% increase and its median household income grew from $62,538 to $67,521, a 7.97% increase.
The 5 largest ethnic groups in Palm Bay, FL are White (Non-Hispanic) (53.2%), Black or African American (Non-Hispanic) (17.4%), Two+ (Hispanic) (8.35%), Two+ (Non-Hispanic) (6.39%), and White (Hispanic) (5.91%).
None of the households in Palm Bay, FL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
96.1% of the residents in Palm Bay, FL are U.S. citizens.
In 2023, the median property value in Palm Bay, FL was $248,000, and the homeownership rate was 79.4%.
Most people in Palm Bay, FL drove alone to work, and the average commute time was 27.6 minutes. The average car ownership in Palm Bay, FL was 2 cars per household.