In 2022, Palm Bay, FL had a population of 122k people with a median age of 41.8 and a median household income of $62,538. Between 2021 and 2022 the population of Palm Bay, FL grew from 118,709 to 121,513, a 2.36% increase and its median household income grew from $55,963 to $62,538, a 11.7% increase.
The 5 largest ethnic groups in Palm Bay, FL are White (Non-Hispanic) (55.4%), Black or African American (Non-Hispanic) (17%), White (Hispanic) (7.21%), Two+ (Non-Hispanic) (6.45%), and Two+ (Hispanic) (6.27%).
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 2022, the median property value in Palm Bay, FL was $226,200, and the homeownership rate was 79.9%.
Most people in Palm Bay, FL drove alone to work, and the average commute time was 27.2 minutes. The average car ownership in Palm Bay, FL was 2 cars per household.