Palm Bay, Florida
City Overview
As of 2007, Palm Bay's population is 97,748 people. Since 2000, it has had a population growth of 23.09 percent.
The median home cost in Palm Bay is $181,600. Home appreciation the last year has been -8.14 percent.
Compared to the rest of the country, Palm Bay's cost of living is 15.44% Lower than the U.S. average.
Palm Bay public schools spend $4,720 per student. The average school expenditure in the U.S. is $6,058. There are about 16 students per teacher in Palm Bay.
The unemployment rate in Palm Bay is 4.00 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Palm Bay jobs have Increased by 0.36 percent.
Palm Bay SperlingFile
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People
The 2007 Palm Bay, FL, population is 97,748. There are 1,538 people per square mile (population density).
Family in Palm Bay, FL
The median age is 38.1. The US median is 37.6. 61.17% of people in Palm Bay, FL, are married. 11.94% are divorced.
The average household size is 2.55 people. 23.81% of people are married, with children. 10.13% have children, but are single.
Race in Palm Bay, FL
77.91% of people are white, 13.45% are black, 1.85% are asian, 0.38% are native american, and 5.91% claim 'Other'.
10.24% of the people in Palm Bay, FL, claim hispanic ethnicity (meaning 89.76% are non-hispanic).
Palm Bay People SperlingViews
Retirement Heaven: If you like the EXREMELY slow life, with lots of EXREMELY slow traffic from all of the EXTREMELY slow drivers, and absolutely nothing to do for any kind of fun besides... (read more)Sun, Sea Breezes, Trees, Nearby Clean Beaches: While many sing the virtues of Florida's sunny, warm climate in the winter, Palm Bay in Central Florida on the East Coast enjoys cooling breezes off the Atlantic Ocean... (read more)Great in the winter; BRUTAL in the summer! : Palm Bay, Florida is a great place to live during the months of October thru March but otherwise, count on breaking a sweat as soon as you take two steps outside your... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
Economy
The unemployment rate in Palm Bay, FL, is 4.00%, with job growth of 0.36%. Future job growth over the next ten years is predicted to be 17.07%.
Palm Bay, FL Taxes
Palm Bay, FL,sales tax rate is 6.00%. Income tax is 0.00%.
Palm Bay, FL Income and Salaries
The income per capita is $19,236, which includes all adults and children. The median household income is $40,885.
Palm Bay Economy SperlingViews
Sun, Sea Breezes, Trees, Nearby Clean Beaches: While many sing the virtues of Florida's sunny, warm climate in the winter, Palm Bay in Central Florida on the East Coast enjoys cooling breezes off the Atlantic Ocean... (read more)Great in the winter; BRUTAL in the summer! : Palm Bay, Florida is a great place to live during the months of October thru March but otherwise, count on breaking a sweat as soon as you take two steps outside your... (read more)HOT SUMMERS: Very hot in the summer... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
| Unemployment Rate | 4.00% | 4.60% |
| Recent Job Growth | 0.36% | 1.40% |
| Future Job Growth | 17.07% | 11.90% |
| Sales Taxes | 6.00% | 6.00% |
| Income Taxes | 0.00% | 5.02% |
| Income per Cap. | $19,236 | $24,020 |
| Household Income | $40,885 | $44,684 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.99% | 13.64% |
| Income between 15K and 25K | 14.38% | 11.21% |
| Income between 25K and 35K | 15.32% | 11.46% |
| Income between 35K and 50K | 19.68% | 15.84% |
| Income between 50K and 75K | 21.41% | 19.28% |
| Income between 75K and 100K | 9.33% | 11.53% |
| Income between 100K and 150K | 5.44% | 10.70% |
| Income between 150K and 250K | 1.10% | 4.43% |
| Income between 250K and 500K | 0.28% | 1.31% |
| Income greater than 500K | 0.07% | 0.61% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.62% | 13.61% |
| Professional and Related Occupations | 19.78% | 20.24% |
| Service | 18.52% | 14.75% |
| Sales and Office | 27.45% | 26.74% |
| Farming, Fishing, and Forestry | 0.19% | 0.74% |
| Construction, Extraction, and Maintenance | 12.21% | 9.48% |
| Production, Transportation, and Material Moving | 12.24% | 14.44% |
Housing
The median home value in Palm Bay, FL, is $181,600. Home appreciation is -8.14% over the last year. The median age of Palm Bay, FL, real estate is 18 years.
Palm Bay, FL Apartments and Rentals
Renters make up 22.52% of the Palm Bay, FL, population. 7.72% of houses and apartments in Palm Bay, FL, are unoccupied (vacancy rate).
Palm Bay Housing SperlingViews
Home depreciation: This is a beautiful place to live. I love it here. However, we are in the mortgage industry, and due to the sharp decline in home values, we are finding it increasingly... (read more)Great place to live: this is a great place to live and raise your... (read more)Housing Prices: If housing prices are important to you, DO NOT MOVE HERE! Housing is extremely expensive, with no end in... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
| Median Home Age | 18 | 27 |
| Median Home Cost | $181,600 | $217,200 |
| Home Appreciation | -8.14% | 9.80% |
| Homes Owned | 70.07% | 64.07% |
| Housing Vacant | 7.72% | 14.48% |
| Homes Rented | 22.52% | 21.45% |
| Property Tax Rate | $12.15 | $13.28 |
| OWNER-OCCUPIED HOUSING UNITS BY VALUE | | |
| Less Than $20,000 | 0.50% | 3.01% |
| $20,000 to $39,999 | 1.28% | 4.37% |
| $40,000 to $59,999 | 3.94% | 5.74% |
| $60,000 to $79,999 | 11.02% | 7.07% |
| $80,000 to $99,999 | 17.32% | 8.41% |
| $100,000 to $149,999 | 46.63% | 19.74% |
| $150,000 to $199,999 | 12.87% | 14.06% |
| $200,000 to $299,999 | 5.66% | 16.59% |
| $300,000 to $399,999 | 0.49% | 8.21% |
| $400,000 to $499,999 | 0.10% | 4.53% |
| $500,000 to $749,999 | 0.17% | 4.75% |
| $1,000,000 or more | 0.02% | 1.86% |
| HOUSING UNITS BY YEAR STRUCTURE BUILT | | |
| 1999 to October 2005 | 13.97% | 10.15% |
| 1995 to 1998 | 7.98% | 6.69% |
| 1990 to 1994 | 13.79% | 6.70% |
| 1980 to 1989 | 44.11% | 14.75% |
| 1970 to 1979 | 13.01% | 17.11% |
| 1960 to 1969 | 5.15% | 12.78% |
| 1950 to 1959 | 1.40% | 11.64% |
| 1940 to 1949 | 0.47% | 6.64% |
| 1939 or Earlier | 0.13% | 13.55% |
Health
There are 200 physicians per capita in Palm Bay, FL. The US average is 170.
Palm Bay, FL Health Index
Air quality in Palm Bay, FL is 18 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.
Water quality in Palm Bay, FL is 60 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.
Superfund index is 60 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.
Palm Bay Health SperlingViews
Don't be fooled: Do not be fooled this is not the perfect place to live or work unless you like being paid under what you're worth. This is a retirement area so unless you're prior... (read more)Palm Bay - Live, Work And Play In Palm Bay!: Palm Bay is beyond all cities I have ever visited or lived in. There is so much going on here. New construction everywhere, new stores and malls, so it's always changing... (read more)Palm Bay Beautiful - A Great Place To Live, Work A: Palm Bay is beyond all cities I have ever visited or lived in. There is so much going on here. New construction everywhere, new stores and malls, so it's always changing... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
Crime
Palm Bay, FL, violent crime, on a scale from 1 (low crime) to 10, is 5. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Palm Bay, FL, property crime, on a scale from 1 (low) to 10, is 5. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
Palm Bay Crime SperlingViews
Retirement Heaven: If you like the EXREMELY slow life, with lots of EXREMELY slow traffic from all of the EXTREMELY slow drivers, and absolutely nothing to do for any kind of fun besides... (read more)Sun, Sea Breezes, Trees, Nearby Clean Beaches: While many sing the virtues of Florida's sunny, warm climate in the winter, Palm Bay in Central Florida on the East Coast enjoys cooling breezes off the Atlantic Ocean... (read more)Great in the winter; BRUTAL in the summer! : Palm Bay, Florida is a great place to live during the months of October thru March but otherwise, count on breaking a sweat as soon as you take two steps outside your... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
Climate
Palm Bay, FL, gets 49 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 106.
On average, there are 238 sunny days per year in Palm Bay, FL. The July high is around 90 degrees. The January low is 51. Our comfort index, which is based on humidity during the hot months, is a 30 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Palm Bay Climate SperlingViews
Sun, Sea Breezes, Trees, Nearby Clean Beaches: While many sing the virtues of Florida's sunny, warm climate in the winter, Palm Bay in Central Florida on the East Coast enjoys cooling breezes off the Atlantic Ocean... (read more)Great in the winter; BRUTAL in the summer! : Palm Bay, Florida is a great place to live during the months of October thru March but otherwise, count on breaking a sweat as soon as you take two steps outside your... (read more)HOT SUMMERS: Very hot in the summer... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
Educate
Palm Bay, FL, schools spend $4,720 per student. There are 16 pupils per teacher, 433 students per librarian, and 490 children per counselor in Palm Bay, FL schools.
Palm Bay Education SperlingViews
Don't be fooled: Do not be fooled this is not the perfect place to live or work unless you like being paid under what you're worth. This is a retirement area so unless you're prior... (read more)Palm Bay - Live, Work And Play In Palm Bay!: Palm Bay is beyond all cities I have ever visited or lived in. There is so much going on here. New construction everywhere, new stores and malls, so it's always changing... (read more)Palm Bay Beautiful - A Great Place To Live, Work A: Palm Bay is beyond all cities I have ever visited or lived in. There is so much going on here. New construction everywhere, new stores and malls, so it's always changing... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
Transportation
The average one-way commute in Palm Bay, FL, takes 28 minutes. 83% of commuters drive their own car alone. 12% carpool with others. 0% take mass transit and 2% work from home.
Palm Bay Transportation SperlingViews
Sun, Sea Breezes, Trees, Nearby Clean Beaches: While many sing the virtues of Florida's sunny, warm climate in the winter, Palm Bay in Central Florida on the East Coast enjoys cooling breezes off the Atlantic Ocean... (read more)Great in the winter; BRUTAL in the summer! : Palm Bay, Florida is a great place to live during the months of October thru March but otherwise, count on breaking a sweat as soon as you take two steps outside your... (read more)HOT SUMMERS: Very hot in the summer... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
Cost of Living
Our cost of living indices are based on a US average of 100. An amount below 100 means Palm Bay, FL is cheaper than the US average. A cost of living index above 100 means Palm Bay, FL is more expensive.
Overall, Palm Bay, FL cost of living is 84.56.
Palm Bay Cost of Living SperlingViews
Home depreciation: This is a beautiful place to live. I love it here. However, we are in the mortgage industry, and due to the sharp decline in home values, we are finding it increasingly... (read more)Great place to live: this is a great place to live and raise your... (read more)Housing Prices: If housing prices are important to you, DO NOT MOVE HERE! Housing is extremely expensive, with no end in... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
Religion
39.17% of the people in Palm Bay, FL are religious, meaning they affiliate with a religion. 16.77% are Catholic; 17.24% are Protestant; 0.71% are LDS; 3.36% are another Christian faith; 1.05% in Palm Bay, FL are Jewish; 0.04% are an eastern faith; 0.00% affilite with Islam.
Palm Bay Religion SperlingViews
Don't be fooled: Do not be fooled this is not the perfect place to live or work unless you like being paid under what you're worth. This is a retirement area so unless you're prior... (read more)Palm Bay - Live, Work And Play In Palm Bay!: Palm Bay is beyond all cities I have ever visited or lived in. There is so much going on here. New construction everywhere, new stores and malls, so it's always changing... (read more)Palm Bay Beautiful - A Great Place To Live, Work A: Palm Bay is beyond all cities I have ever visited or lived in. There is so much going on here. New construction everywhere, new stores and malls, so it's always changing... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
| Percent Religious | 39.17% | 50.03% |
| Catholic | 16.77% | 21.92% |
| Protestant | 17.24% | 19.12% |
| LDS | 0.71% | 1.57% |
| Baptist | 6.74% | 8.16% |
| Episcopalian | 1.11% | 8.12% |
| Pentecostal | 2.33% | 1.89% |
| Lutheran | 1.40% | 2.81% |
| Methodist | 4.07% | 3.84% |
| Presbyterian | 1.60% | 1.33% |
| Other Christian | 3.36% | 4.66% |
| Jewish | 1.05% | 2.16% |
| Eastern | 0.04% | 0.05% |
| Islam | 0.00% | 0.54% |
Voting
41.55% of the people in Palm Bay, FL are registered as Democrats. 57.66% are registered Republican. Remaining are independent: 0.79%.
Palm Bay Voting SperlingViews
Retirement Heaven: If you like the EXREMELY slow life, with lots of EXREMELY slow traffic from all of the EXTREMELY slow drivers, and absolutely nothing to do for any kind of fun besides... (read more)Sun, Sea Breezes, Trees, Nearby Clean Beaches: While many sing the virtues of Florida's sunny, warm climate in the winter, Palm Bay in Central Florida on the East Coast enjoys cooling breezes off the Atlantic Ocean... (read more)Great in the winter; BRUTAL in the summer! : Palm Bay, Florida is a great place to live during the months of October thru March but otherwise, count on breaking a sweat as soon as you take two steps outside your... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
