The City of Palm Bay had a population of 116,361 as of July 1, 2019.
The primary coordinate point for Palm Bay is located at latitude 28.0345 and longitude -80.5887 in Brevard County. The formal boundaries for the City of Palm Bay encompass a land area of 65.72 sq. miles and a water area of 3.14 sq. miles. Brevard County is in the Eastern time zone (GMT -5). The elevation is 16 feet.
The City of Palm Bay (GNIS ID: 2404463) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Palm Bay is located within Palm Bay CCD of Brevard County.
HOUSING AFFORDABILITY INDEX
|Palm Bay, FL Housing Affordability Index is 151
State of Florida Housing Affordability Index is 113
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Palm Bay, FL Wealth Index is 62
State of Florida Wealth Index is 94
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Florida address.
|Population in Households||115,988|
|Population in Familes||94,785|
|Population in Group Qrtrs||373|
|Median Household Income||$48,668|
|Average Household Income||$62,303|
|Per Capita Income||$23,577|
|Total Housing Units||49,526 (100%)|
|Owner Occupied HU||32,494 (65.6%)|
|Renter Occupied HU||11,593 (23.4%)|
|Vacant Housing Units||5,439 (11.0%)|
|Median Home Value||$160,741|
|Housing Affordability Index2||151|
|Average Household Size||2.63|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.13%|
|Per Capita Income||2.95%|
The table below compares Palm Bay to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 18||98th|
|Population Density||# 547||41st|
|Diversity Index||# 248||73rd|
|Median Household Income||# 536||42nd|
|Per Capita Income||# 591||36th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.