CITY · 2020 ACS
Palm Bay
Florida · 119,760 residents · 86.679 sq mi
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The short version
Palm Bay has lower-than-average household income, with a median household income of $52,435. The city has grown rapidly, with population up 51% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $172,200.
At a glance
Lower income
below the US median
US median: $66,278
Older
median age 42.4
US median: 38.8
Less educated
20% hold a bachelor's degree
US average: 33%
Less affordable
home values up 50%, inflation adjusted
US median home: $265,253
Section 01
Population & growth
Population, 1990 – 2024
2024130K
Age distribution, 2020
Under 55%(6,028)
5 to 95.7%(6,843)
10 to 146.4%(7,655)
15 to 196%(7,239)
20 to 245.4%(6,517)
25 to 3412.5%(14,927)
35 to 4411.7%(14,018)
45 to 5411.8%(14,114)
55 to 6415.3%(18,282)
65 to 7412%(14,354)
75 to 846%(7,170)
85 and over2.2%(2,613)
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy
$52,435
−4%inflation adjusted, since 2000
from $36,508 in 2000
US average: $66,278
1990 – 2024
Households earning $100K+
28.7%
+5.7 ptssince 2009
from 23.1% in 2009
US average: 43.9%
Workforce by industry, 2020
Information13.3%
Retail trade10.8%
Wholesale trade6.2%
Finance & insurance4.9%
Other services4.3%
Professional, scientific, technical4.2%
Public administration3%
Transportation & warehousing1.8%
Arts, entertainment, food1.2%
Education & health services0.7%
Agriculture, forestry, fishing0.5%
Construction0.5%
Manufacturing0%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
$172,200
+50%inflation adjusted, since 2000
from $76,200 in 2000
US average: $265,253
1990 – 2024
3.3
−13%since 2009
from 3.8 in 2009
2009 – 2024
Our index: median home value divided by median household income. Lower is more affordable.
RELATED:See current rent listings in Palm Bay on RentDataNow
Section 04
Race & ethnicity
2000
White, non-Hispanic76.2%(60,549)
Black10.9%(8,634)
Hispanic / Latino8.6%(6,850)
Asian1.7%(1,325)
Other0%
2020
White, non-Hispanic56.6%(67,826)
Black17.1%(20,426)
Hispanic / Latino17.9%(21,436)
Asian1.9%(2,273)
Other5.3%(6,292)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry
Hispanic origin
Puerto Rican6.6%(7,531)
Cuban2.9%(3,310)
Dominican2%(2,288)
South American1.7%(1,943)
Central American1.3%(1,488)
Colombian1.2%(1,402)
Mexican1.2%(1,341)
Costa Rican0.4%(500)
Nicaraguan0.3%(365)
Panamanian0.3%(352)
Spaniard0.2%(196)
Chilean0.1%(164)
+ 7 more hispanic origin groups with data
Honduran0.1%(141)
Ecuadorian0.1%(125)
Venezuelan0.1%(120)
Peruvian0.1%(88)
Salvadoran0.1%(69)
Guatemalan0.1%(61)
Argentine0%(44)
Asian origin
Filipino0.5%(607)
Chinese0.5%(584)
Asian Indian0.3%(374)
Vietnamese0.1%(162)
Thai0.1%(123)
Burmese0.1%(63)
Korean0.1%(62)
Japanese0%(47)
Indonesian0%(7)
Pacific Islander origin
Native Hawaiian0.1%(104)
Ancestry
Irish11%(12,469)
German10.6%(12,099)
American9.3%(10,633)
West Indian9.1%(10,369)
English9.1%(10,342)
Italian5.5%(6,208)
Jamaican5.4%(6,187)
French2.4%(2,728)
Polish2.2%(2,490)
Haitian2.1%(2,341)
Scottish1.6%(1,801)
Dutch1.3%(1,481)
+ 42 more ancestry groups with data
Trinidadian & Tobagonian1.2%(1,312)
Swedish1%(1,159)
Welsh1%(1,140)
Scotch-Irish0.8%(946)
French Canadian0.8%(914)
Norwegian0.6%(727)
British0.6%(627)
Russian0.5%(519)
Guyanese0.4%(430)
Hungarian0.4%(420)
Portuguese0.4%(407)
Subsaharan African0.4%(400)
Brazilian0.3%(374)
Ukrainian0.3%(373)
Canadian0.3%(344)
Lithuanian0.3%(324)
Greek0.3%(308)
Moroccan0.2%(253)
Palestinian0.2%(237)
Austrian0.2%(196)
Slovak0.2%(192)
Danish0.1%(167)
Barbadian0.1%(162)
Czech0.1%(139)
Finnish0.1%(106)
Belgian0.1%(69)
Iranian0.1%(66)
Swiss0%(52)
Lebanese0%(51)
Armenian0%(47)
Australian0%(34)
Arab0%(33)
Romanian0%(33)
Nigerian0%(18)
Serbian0%(17)
Latvian0%(15)
Ethiopian0%(14)
Syrian0%(12)
Egyptian0%(11)
Slovene0%(11)
Croatian0%(10)
Iraqi0%(5)
Section 05
Education
High school or higher
88.4%
+4.7 ptssince 2000
from 83.7% in 2000
US average: 88.5%
Section 06
Commute & transportation
Section 07
Work & employment
Section 08
People & community
Marital status (2024)
Men 15+
Never married34.9%(17,609)
Married51.5%(25,965)
Widowed2.9%(1,478)
Divorced10.6%(5,349)
Women 15+
Never married30.5%(17,285)
Married45.2%(25,557)
Widowed9.8%(5,574)
Divorced14.5%(8,180)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
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PALM BAY VS
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PALM BAY VS
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Frequently asked
How many people live in Palm Bay, Florida?
Palm Bay, Florida has about 119,760 residents according to the 2020 American Community Survey.
What is the median household income in Palm Bay, Florida?
The typical household in Palm Bay, Florida earns about $52,435 a year. Half of households make more than that, and half make less.
Is Palm Bay, Florida expensive?
In Palm Bay, Florida, the median home is worth about $172,200, and the typical rent is about $1,101 a month.
How educated are people in Palm Bay, Florida?
About 19.6% of adults age 25 and over in Palm Bay, Florida hold a bachelor's degree or higher.
What is the poverty rate in Palm Bay, Florida?
About 13.4% of people in Palm Bay, Florida live below the federal poverty line.
Has Palm Bay, Florida grown since 1990?
Yes, Palm Bay, Florida has grown since 1990. The population has added about 57,128 residents, a change of about 91 percent over that period.
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FloridaDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024