In 2019, Palm Bay, FL had a population of 112k people with a median age of 40.3 and a median household income of $51,408. Between 2018 and 2019 the population of Palm Bay, FL grew from 110,271 to 111,997, a 1.57% increase and its median household income grew from $47,640 to $51,408, a 7.91% increase.
The 5 largest ethnic groups in Palm Bay, FL are White (Non-Hispanic) (60.7%), Black or African American (Non-Hispanic) (16.7%), White (Hispanic) (13%), Two+ (Non-Hispanic) (2.86%), and Other (Hispanic) (1.75%). 0% of the households in Palm Bay, FL speak a non-English language at home as their primary language, and 96.1% of the residents in Palm Bay, FL are U.S. citizens.
In 2019, the median property value in Palm Bay, FL was $155,200, and the homeownership rate was 74.5%. Most people in Palm Bay, FL drove alone to work, and the average commute time was 25.2 minutes. The average car ownership in Palm Bay, FL was 2 cars per household.