COMPARING TWO PLACES
Melbourne vs Palm Bay
PLACE A
Melbourne, Kentucky
VS
PLACE B
Palm Bay, Florida
Melbourne is 100% smaller than Palm Bay. Melbourne earns more, with a median household income $7,386 higher.
MELBOURNEPALM BAYDIFFERENCE
Total population491148,092−100% vs Palm Bay
Population density5881,709−1,120
Population growth14.2%16.1%−1.8 pts
Median age46.541.0+5.5
Male45.3%48.1%−2.8 pts
Female54.7%51.9%+2.8 pts
Foreign-born0.6%16.0%−15.4 pts
White, non-Hispanic89.8%50.8%+39.0 pts
Black0.5%18.5%−18.0 pts
Hispanic / Latino0.6%20.6%−19.9 pts
Asian0.6%2.2%−1.6 pts
Other8.5%7.9%+0.5 pts
Median household income$80,000$72,614+$7,386
Per capita income$26,350$34,813−$8,463
Poverty rate24.3%11.7%+12.6 pts
Income inequality (Gini)0.3610.448−0.1
Bachelor's degree or higher29.2%24.0%+5.2 pts
Graduate degree10.0%9.3%+0.7 pts
Unemployment rate2.8%6.1%−3.2 pts
Labor force participation44.2%60.2%−16.0 pts
Median home value$166,200$283,200−$117,000
Median gross rent$638$1,601−$963
Owner-occupied95.1%79.7%+15.4 pts
Housing vacancy rate8.0%8.6%−0.6 pts
Rent-burdened households33.3%55.1%−21.8 pts
Average commute24.027.8−3.8
Worked from home15.3%11.0%+4.3 pts
Public transit to work0.0%0.5%−0.5 pts
Uninsured1.5%12.8%−11.3 pts
Population, 1990 – 2025