In 2021, Palm Bay, FL had a population of 119k people with a median age of 40.9 and a median household income of $55,963. Between 2020 and 2021 the population of Palm Bay, FL grew from 113,751 to 118,709, a 4.36% increase and its median household income grew from $52,435 to $55,963, a 6.73% increase.
The 5 largest ethnic groups in Palm Bay, FL are White (Non-Hispanic) (57%), Black or African American (Non-Hispanic) (16.5%), White (Hispanic) (8.62%), Two+ (Non-Hispanic) (5.74%), and Two+ (Hispanic) (4.85%).
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.
95.4% of the residents in Palm Bay, FL are U.S. citizens.
In 2021, the median property value in Palm Bay, FL was $186,100, and the homeownership rate was 78.3%.
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.