In 2017, Palm Bay, FL had a population of 108k people with a median age of 40.4 and a median household income of $45,811. Between 2016 and 2017 the population of Palm Bay, FL grew from 106,573 to 107,802, a 1.15% increase and its median household income grew from $43,765 to $45,811, a 4.67% increase.
The 5 largest ethnic groups in Palm Bay, FL are White (Non-Hispanic) (61.3%), Black or African American (Non-Hispanic) (18%), White (Hispanic) (12%), Two or More Races (Non-Hispanic) (1.87%), and Some Other Race (Hispanic) (1.85%). N/A% of the people in Palm Bay, FL speak a non-English language, and 96% are U.S. citizens.
The median property value in Palm Bay, FL is $119,200, and the homeownership rate is 70.8%. Most people in Palm Bay, FL commute by Drove Alone, and the average commute time is 23.9 minutes. The average car ownership in Palm Bay, FL is 2 cars per household.