In 2020, Palm Bay, FL had a population of 114k people with a median age of 40.3 and a median household income of $52,435. Between 2019 and 2020 the population of Palm Bay, FL grew from 111,997 to 113,751, a 1.57% increase and its median household income grew from $51,408 to $52,435, a 2% increase.
The 5 largest ethnic groups in Palm Bay, FL are White (Non-Hispanic) (58.7%), Black or African American (Non-Hispanic) (17.4%), White (Hispanic) (10.5%), Two+ (Non-Hispanic) (4.2%), and Two+ (Hispanic) (2.76%).
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.
95.7% of the residents in Palm Bay, FL are U.S. citizens.
In 2020, the median property value in Palm Bay, FL was $172,200, and the homeownership rate was 76.9%.
Most people in Palm Bay, FL drove alone to work, and the average commute time was 27.5 minutes. The average car ownership in Palm Bay, FL was 2 cars per household.