Life in Palm Bay research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Palm Bay over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Palm Bay:
The population in Palm Bay is 125,273.
The median home value in Palm Bay is $304,452.
The median income in Palm Bay is $67,521.
The cost of living in Palm Bay is 98 which is 1.0x lower than the national average.
The median rent in Palm Bay is $1,487.
The unemployment rate in Palm Bay is 5.9%.
The poverty rate in Palm Bay is 11.5%.
The average high in Palm Bay is 82.4° and the average low is 62.4°.
Crime in Palm Bay summary. We use data from the FBI to determine the crime rates in Palm Bay. Key points include:
There were 1,926 total crimes in Palm Bay in the last reporting year.
The overall crime rate per 100,000 people in Palm Bay is 1,364.6 / 100k people.
The violent crime rate per 100,000 people in Palm Bay is 347.2 / 100k people.
The property crime rate per 100,000 people in Palm Bay is 1,017.5 / 100k people.
Overall, crime in Palm Bay is -35.61% below the national average.
| Statistic | Count Raw |
Palm Bay / 100k People |
Florida / 100k People |
National / 100k People |
|---|---|---|---|---|
| Total Crimes Per 100K | 1,926 | 1,364.6 | 1,687.5 | 2,119.2 |
| Violent Crime | 490 | 347.2 | 267.1 | 359.0 |
| Murder | 11 | 7.8 | 3.9 | 5.0 |
| Robbery | 73 | 51.7 | 38.2 | 61.0 |
| Aggravated Assault | 339 | 240.2 | 197.1 | 256.0 |
| Property Crime | 1,436 | 1,017.5 | 1,420.4 | 1,760.0 |
| Burglary | 324 | 229.6 | 152.5 | 229.0 |
| Larceny | 1,023 | 724.8 | 1,144.9 | 1,272.0 |
| Car Theft | 89 | 63.1 | 123.0 | 259.0 |
Cost of living in Palm Bay summary. We use data on the cost of living to determine how expensive it is to live in Palm Bay. Real estate prices drive most of the variance in cost of living around Florida. Key points include:
The cost of living in Palm Bay is 98 with 100 being average.
The cost of living in Palm Bay is 1.0x lower than the national average.
The median home value in Palm Bay is $304,452.
The median income in Palm Bay is $67,521.
| Living Expense | Palm Bay | Florida | National Average | |
|---|---|---|---|---|
| Overall | 98 | 97 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 99 | 98 | 100 | |
| Housing | 102 | 96 | 100 | |
| Transportation | 97 | 97 | 100 | |
| Utilities | 108 | 95 | 100 | |
The average high in Palm Bay is 82.4° and the average low is 62.4°.
There are 73.5 days of precipitation each year.
Expect an average of 49.5 inches of precipitation each year with 0.0 inches of snow.
| Stat | Palm Bay |
|---|---|
| Average Annual High | 82.4 |
| Average Annual Low | 62.4 |
| Annual Precipitation Days | 73.5 |
| Average Annual Precipitation | 49.5 |
| Average Annual Snowfall | 0.0 |
The current population in Palm Bay is 125,273. The population has increased 24.5% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 125,273 | 3.1% |
| 2022 | 121,513 | 2.4% |
| 2021 | 118,709 | 4.4% |
| 2020 | 113,751 | 1.6% |
| 2019 | 111,997 | 1.6% |
| 2018 | 110,271 | 2.3% |
| 2017 | 107,802 | 1.2% |
| 2016 | 106,573 | 1.3% |
| 2015 | 105,212 | 0.8% |
| 2014 | 104,342 | 0.7% |
| 2013 | 103,602 | 0.8% |
| 2012 | 102,814 | 1.0% |
| 2011 | 101,815 | 1.2% |
| 2010 | 100,644 | - |
53.2% White with 66,705 White residents.
17.4% African American with 21,833 African American residents.
0.0% American Indian with 57 American Indian residents.
2.1% Asian with 2,635 Asian residents.
0.0% Hawaiian with 23 Hawaiian residents.
1.0% Other with 1,303 Other residents.
6.4% Two Or More with 8,009 Two Or More residents.
19.7% Hispanic with 24,708 Hispanic residents.
| Race | Palm Bay | FL | USA |
|---|---|---|---|
| White | 53.2% | 51.4% | 58.2% |
| African American | 17.4% | 14.8% | 12.0% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 2.1% | 2.8% | 5.7% |
| Hawaiian | 0.0% | 0.1% | 0.2% |
| Other | 1.0% | 0.6% | 0.5% |
| Two Or More | 6.4% | 3.5% | 3.9% |
| Hispanic | 19.7% | 26.7% | 19.0% |
Palm Bay is 51.2% female with 64,161 female residents.
Palm Bay is 48.8% male with 61,112 male residents.
| Gender | Palm Bay | FL | USA |
|---|---|---|---|
| Female | 51.2% | 50.9% | 50.5% |
| Male | 48.8% | 49.1% | 49.5% |
3.0% of adults in Palm Bay completed < 9th grade.
6.0% of adults in Palm Bay completed 9-12th grade.
33.0% of adults in Palm Bay completed high school / ged.
23.0% of adults in Palm Bay completed some college.
12.0% of adults in Palm Bay completed associate's degree.
14.0% of adults in Palm Bay completed bachelor's degree.
7.0% of adults in Palm Bay completed master's degree.
1.0% of adults in Palm Bay completed professional degree.
1.0% of adults in Palm Bay completed doctorate degree.
| Education | Palm Bay | FL | USA |
|---|---|---|---|
| < 9th Grade | 3.0% | 5.0% | 5.0% |
| 9-12th Grade | 6.0% | 6.0% | 6.0% |
| High School / GED | 33.0% | 27.0% | 26.0% |
| Some College | 23.0% | 19.0% | 19.0% |
| Associate's Degree | 12.0% | 10.0% | 9.0% |
| Bachelor's Degree | 14.0% | 21.0% | 21.0% |
| Master's Degree | 7.0% | 9.0% | 10.0% |
| Professional Degree | 1.0% | 2.0% | 2.0% |
| Doctorate Degree | 1.0% | 1.0% | 2.0% |
2.8% of households in Palm Bay earn Less than $10,000.
3.0% of households in Palm Bay earn $10,000 to $14,999.
7.3% of households in Palm Bay earn $15,000 to $24,999.
8.7% of households in Palm Bay earn $25,000 to $34,999.
12.6% of households in Palm Bay earn $35,000 to $49,999.
20.2% of households in Palm Bay earn $50,000 to $74,999.
16.9% of households in Palm Bay earn $75,000 to $99,999.
16.5% of households in Palm Bay earn $100,000 to $149,999.
6.2% of households in Palm Bay earn $150,000 to $199,999.
5.9% of households in Palm Bay earn $200,000 or more.
| Income | Palm Bay | FL | USA |
|---|---|---|---|
| Less than $10,000 | 2.8% | 5.1% | 4.9% |
| $10,000 to $14,999 | 3.0% | 3.4% | 3.6% |
| $15,000 to $24,999 | 7.3% | 7.0% | 6.6% |
| $25,000 to $34,999 | 8.7% | 7.7% | 6.8% |
| $35,000 to $49,999 | 12.6% | 11.6% | 10.4% |
| $50,000 to $74,999 | 20.2% | 17.3% | 15.7% |
| $75,000 to $99,999 | 16.9% | 13.1% | 12.7% |
| $100,000 to $149,999 | 16.5% | 16.8% | 17.4% |
| $150,000 to $199,999 | 6.2% | 8.0% | 9.3% |
| $200,000 or more | 5.9% | 10.1% | 12.6% |