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Palm Bay, FL Area and Community Summary Information


Community Summary

Palm Bay Florida
Community Characteristics
Population 102,634 18,486,255
Population Density 1,613 320
Educational Climate Index 3
Median Age 37.56 38.81
Median Dwelling Age 15 20
In Current Residence 5+ years 42 % 32 %
Median Home Sale Price $163,550
Average household Income $46,889 $61,802
Median Value of Home Equity $159,249 $175,352
Median Mortgage Debt $301,168 $356,776
Total Household Expenditure 81 96
Total Crime Risk 80 130
Weather Risk 326 372
Air Pollution Index 84 102
Median Travel Time to Work 21.68 21.84
     

Population Characteristics

Palm Bay Florida
Population 102,634 18,486,255
Population Density 1,613 320
     
Male Population 50,361 9,081,814
Female Population 52,273 9,404,441
     
Population Change Since 1990 64 % 43 %
Population Change Since 2000 29 % 16 %
     

Age

Palm Bay Florida
Median Age 37.56 38.81
     
Population: Age 0-4 6,021 1,156,958
Population: Age 5-9 6,418 1,130,552
Population: Age 10-14 7,453 1,164,108
Population: Age 15-19 7,556 1,204,324
Population: Age 20-24 7,146 1,188,590
Population: Age 25-29 6,338 1,129,014
Population: Age 30-34 5,950 1,124,181
Population: Age 35-39 6,228 1,191,867
Population: Age 40-44 7,743 1,326,585
Population: Age 45-49 8,082 1,364,280
Population: Age 50-54 6,977 1,254,483
Population: Age 55-59 5,760 1,126,664
Population: Age 60-64 4,924 977,985
Population: Age 65-69 4,479 839,297
Population: Age 70-74 4,250 735,708
Population: Age 75-79 3,251 625,635
Population: Age 80-84 2,242 484,812
Population: Age 85+ 1,814 461,212
     

Race Distribution

Palm Bay Florida
Race: White 82,398 14,109,066
Race: American Indian, Eskimo, Aleut 406 63,162
Race: Asian or Pacific Islander 2,226 425,181
Race: Other 2,387 593,170
Race: Hawaiian / Pacific Islander 40 7,345
Race: Black 12,469 2,806,738
     

Hispanic Distribution

Palm Bay Florida
Population: Hispanic 12,038 3,768,276
Population: Not Hispanic 90,596 14,717,979
     

Education

Palm Bay Florida
Education: Less than 9th Grade 1,737 640,846
Education: Some High School 6,711 1,112,914
Education: High School Graduate 21,097 3,935,624
Education: Some College 16,059 2,522,404
Education: Associate Degree 8,205 1,128,459
Education: Bachelors Degree 9,654 2,158,905
Education: Graduate Degree 4,577 1,142,571
     

Marital Status

Palm Bay Florida
Never Married 17,554 3,504,456
Now Married 47,202 7,844,981
Separated 3,120 813,329
Widowed 5,123 1,154,382
Divorced 9,736 1,714,487
     

Households

Palm Bay Florida
Households 38,108 7,319,608
Average Household Size
     
Households: Family 26,242 4,736,583
Households: Non-Family 11,867 2,583,025
     
Households: With Children 14,971 2,222,311
Households: No Children 23,139 5,097,297
     

Housing Characteristics

Palm Bay Florida
Median Dwelling Age 15 20
Median Home Sale Price $163,550
Average household Income $46,889 $61,802
Median Value of Home Equity $159,249 $175,352
Median Mortgage Debt $301,168 $356,776
     

Home Ownership

Palm Bay Florida
Vacant Dwellings 5035 1300734
Owner-Occupied Dwellings 28539 5080006
Renter-Occupied Dwellings 9570 2239602
     

Turnover

Palm Bay Florida
In Current Residence 5+ years 42 % 32 %
Annual Residential Turnover 16 % 19 %
     
Median Years in Residence 4.09 2.95
     

Income Characteristics

Palm Bay Florida
Median household income $45,107 $47,740
Average household Income $46,889 $61,802
Per capita income $17,628 $25,133
Median Disposable Income $38,973 $40,785
     

Income Growth

Palm Bay Florida
Change in Avg. Household Income Since 1990 48 % 73 %
Change in Avg. Household Income Since 2000 22 % 23 %
     

Household Income

Palm Bay Florida
Household Income: $0-$10,000 2,244 593,732
Household Income: $10,000-$15,000 1,854 352,026
Household Income: $15,000-$20,000 2,146 401,030
Household Income: $20,000-$25,000 2,499 445,077
Household Income: $25,000-$30,000 2,805 461,988
Household Income: $30,000-$35,000 2,617 420,093
Household Income: $35,000-$40,000 2,328 388,196
Household Income: $40,000-$45,000 2,515 404,055
Household Income: $45,000-$50,000 2,170 353,133
Household Income: $50,000-$60,000 4,257 692,174
Household Income: $60,000-$75,000 4,654 758,236
Household Income: $75,000-$100,000 4,513 833,100
Household Income: $100,000-$125,000 1,870 460,192
Household Income: $125,000-$150,000 712 251,764
Household Income: $150,000-$200,000 588 220,628
Household Income: $200,000-$250,000 104 81,575
Household Income: $250,000-$500,000 84 104,352
Household Income: $500,000+ 150 98,257
     

Median Income

Palm Bay Florida
Median Income: Age < 25 $31,622 $31,651
Median Income: Age 25-34 $45,932 $46,292
Median Income: Age 35-44 $50,263 $54,167
Median Income: Age 45-54 $52,955 $57,896
Median Income: Age 55-64 $49,331 $52,246
Median Income: Age 65-74 $36,318 $41,576
Median Income: Age 75+ $30,473 $34,530
     

Cost of Living Index

Palm Bay Florida
Total Household Expenditure 81 96
Contributions 73 95
Personal Insurance 75 95
Apparel 80 96
Education 70 94
Entertainment 80 96
Food And Beverages 83 97
Health Care 85 98
Household Furnishings And Equipment 78 96
Shelter 80 96
Household Operations 76 95
Miscellaneous Expenses 83 97
Personal Care 81 97
Reading 81 97
Tobacco 90 99
Transportation 83 97
Utilities 85 97
Gifts 75 95
     
Sales Tax Rate 6 %
     

Financial Characteristics

Palm Bay Florida
Median Household Net Worth $121,364 $145,340
Average Household Net Worth $391,351 $479,325
Median Value of Home Equity $159,249 $175,352
Median Mortgage Debt $301,168 $356,776
     

Net Worth

Palm Bay Florida
Net Worth: $0 or Less 4,318 827,849
Net Worth: $1-$5,000 5,063 954,713
Net Worth: $5,000-$10,000 2,723 501,515
Net Worth: $10,000-$25,000 4,741 884,800
Net Worth: $25,000-$50,000 5,140 968,998
Net Worth: $50,000-$100,000 6,349 1,212,606
Net Worth: $100,000-$250,000 7,400 1,432,205
Net Worth: $250,000-$500,000 2,856 567,392
Net Worth: Greater Than $500,000 1,452 302,895
     

Investments and Debt

Palm Bay Florida
Median Value of Transaction Accounts $22,315 $26,132
Median Value of Certificates of Deposit $6,473 $7,064
Median Value of Savings Bonds $993 $1,068
Median Value of Bonds (Not US Savings) $7,901 $11,261
Median Value of Stocks $27,304 $36,366
Median Value of Mutual Funds $23,444 $29,743
Median Value of Retirement Accounts $53,551 $65,084
Median Value of Cash Value Life Ins $5,012 $5,956
Median Value of Other Managed Accounts $13,208 $15,966
Median Value of Other Financial Assets $3,415 $4,375
Median Value of Any Financial Assets $163,616 $203,015
Median Value of Vehicles Owned $16,517 $17,480
Median Value of Investment Property Equity $29,642 $37,142
Median Value of Business Equity $20,495 $25,869
Median Value of Other Non-Financial Assets $70,962 $95,581
Median Value of Any Non-Financial Assets $4,302 $5,351
Median Installment Loan Debt $55,663 $60,343
Median Lines of Credit Debt $5,662 $7,302
Median Credit Card Debt $469 $623
Median Investment Real Estate Debt $8,257 $8,532
Median Other Debt $12,414 $15,195
Median Total Debts $139,765 $167,801
     

Occupation

Palm Bay Florida
     
Occupations: White Collar 15,498 6,366,306
Occupations: Blue Collar 5,179 1,934,396
     
Business Counts: Professional Specialty Occupations 3,374 1,160,315
Business Counts: Sales Professionals 454 236,841
Business Counts: Technologies and Technicians 670 304,983
Business Counts: Sales Workers and Clerks 1,835 812,492
Business Counts: Administrative Support 3,658 1,568,203
Business Counts: Technical, Sales and Administrative: Field Occupations 25 20,751
Business Counts: Private Household 0 138
Business Counts: Protective Services 373 142,492
Business Counts: Other Services: Site Based 2,772 1,111,108
Business Counts: Other Services: Field Based 91 43,988
Business Counts: Farming, Forestry, and Fishing 668 274,225
Business Counts: Precision, Craft, and Repair: Site Based 1,946 747,705
Business Counts: Construction, Repair and Mining: Field Based 1,038 277,842
Business Counts: Machine Operators, Assemblers and Inspectors 347 157,306
Business Counts: Transportation Materials Moving Workers 591 257,776
Business Counts: Handlers, Helpers and Laborers 589 219,542
     
Employees: Agricultural, Forestry, Fishing 219 106,629
Employees: Mining 0 3,592
Employees: Construction 2,270 501,409
Employees: Manufacturing 1,311 460,622
Employees: Transportation and Communications 522 348,859
Employees: Wholesale Trade 489 392,995
Employees: Retail Trade 5,209 1,889,418
Employees: Finance, Insurance and Real Estate 1,131 698,187
Employees: Services 7,645 3,359,233
Employees: Public Administration 1,879 540,012
     

Transportation & Commute

Palm Bay Florida
Median Travel Time to Work 21.68 21.84
Transportation to Work: Public 0 % 2 %
Transportation to Work: Drive / Carpool 96 % 92 %
Transportation to Work: Walk / Bike / Other 2 % 3 %
Transportation to Work: Work at Home 2 % 3 %
     

Crime Risk

Palm Bay Florida
Total Crime Risk 80 130
     
Personal Crime Risk 94 157
Murder Risk 57 97
Rape Risk 70 126
Robbery Risk 36 134
Assault Risk 155 173
     
Property Crime Risk 80 126
Burglary Risk 91 137
Larceny Risk 109 124
Motor Vehicle Theft Risk 42 114
     

Temperature & Rain

Palm Bay Florida
Average January High Temperature 71.7 68.34
Average January Low Temperature 50 45.63
Average July High Temperature 90.5 91.24
Average July Low Temperature 71.9 72.04
     
Annual Precipitation 48.29 54.31
     

Weather Risk Index

Palm Bay Florida
Weather Risk 326 372
Earthquake Risk 19 18
Hail Index 10 30
Hurricane Index 535 540
Tornado Index 136 242
Wind Index 37 55
     

Environmental Quality Index

Palm Bay Florida
Air Pollution Index 84 102
Ozone Index 83 87
Carbon Monoxide Index 104 92
Lead Index 55 151
NO2 Index 87 89
Particulate Matter Index 91 93
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
32908
$51,128
2
32907
$50,723
3
32909
$47,124
4
32905
$33,960
Median Value of Home Equity
Zip
1
32907
$174,274
2
32908
$168,769
3
32909
$166,908
4
32905
$129,368
Fastest Growing (change since 2000)
Zip
1
32908
61 %
2
32909
48 %
3
32907
26 %
4
32905
9 %
Longest Commute
Zip
1
32908
24.51
2
32909
23.31
3
32907
22.16
4
32905
18.02
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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