Palm Bay, FL Population Statistics: Density Map Data
Analyze population trends, housing costs, and the local economy by exploring Map AI.
Area Snapshot Statistics
Key statistics on population, economy, housing, and commuting compared to state and national averages. Explore interactive maps for deeper analysis.
Population
| Metric | Palm Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Population | 124,536 | 22,318,419 | 334,821,731 |
| Population density (per sq mi) | 1412.8 | 312.4 | 85.8 |
| Population growth (%/yr) | 2.28% | 1.35% | 0.57% |
| Median age | 41.6 | 40.2 | 37.1 |
| Households | 43,051 | 8,536,315 | 128,459,983 |
Population in Palm Bay grew by 27.3% from 2009 to 2023, reaching 121,690 in 2023.
Population Growth 2009–2023
Race & Ethnicity
Economy
Palm Bay has a the economy index of D, which means it is barely prosperous.
| Metric | Palm Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Median household income | $69,336 | $71,865 | $78,145 |
| Income growth (%/yr) | 6.72% | 5.65% | 5.07% |
| Unemployment rate | 5.8% | 4.8% | 5.2% |
The median household income in Palm Bay is about 4% lower than in Florida.
Housing
| Metric | Palm Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Median home price | $255,480 | $293,727 | $242,182 |
| Median rent | $1,496 | $1,564 | $1,342 |
| Homeownership rate | 79.2% | 67.3% | 65.1% |
The median home price in Palm Bay is about 14.2 years' worth of rent — buying at the median price costs roughly as much as paying the median rent of $1,496 per month for that long.
Commute Time & Mobility
Commuters in Palm Bay spend about 51 minutes on the road round trip each working day. Over a typical 250-day work year, that adds up to roughly 211 hours, about 8.8 full days, spent commuting.
| Metric | Palm Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| One-way commute (min) | 25.4 | 23.9 | 22.5 |
| Round-trip commute (min) | 50.7 | 47.9 | 44.9 |
| Yearly time spent (hours) | 211 | 200 | 187 |
| Estimated yearly cost | $6,552 | $6,185 | $5,803 |
| Work from home | 9.6% | 13.9% | 13.4% |
| Highway traffic (vehicles/day) | 18,185 | 14,318 | 8,813 |
| Local road traffic (vehicles/day) | 3,727 | 3,068 | 1,355 |
The average commute time in Palm Bay is 25 minutes, longer than the 24 minutes in Florida.
Estimated yearly cost applies a single national wage rule of thumb (U.S. Bureau of Labor Statistics average hourly earnings), not a measurement of wages in this area. Traffic volume figures come from proprietary Ticon and TrafficZoom data.
Education & Households
Palm Bay has a education index of D, which means it is barely educated.
| Metric | Palm Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Bachelor's degree or higher | 20.5% | 30.1% | 31.6% |
| Average household size | 2.81 | 2.51 | 2.54 |
Health
Palm Bay has a health index of B, which means it is quite healthy.
| Metric | Palm Bay | Florida Avg | U.S. Average |
|---|---|---|---|
| Life expectancy (years) | 77.8 | 77.2 | 78.3 |
| Self-rated poor health | 17.6% | 19.5% | 16.3% |
| Smokers | 18.8% | 21.3% | 19.0% |
Frequently Asked Questions
Common questions about Palm Bay, Florida.
What is the population of Palm Bay, Florida?
The population of Palm Bay, Florida is 124,536, compared to the U.S. total of 334,821,731.
What is the population density of Palm Bay, Florida?
The population density of Palm Bay, Florida is 1412.8 people per square mile, compared to the U.S. average of 85.8 people per square mile.
What is the median household income in Palm Bay, Florida?
The median household income in Palm Bay, Florida is $69,336, compared to the U.S. median of $78,145.
What is the median home price in Palm Bay, Florida?
The median home price in Palm Bay, Florida is $255,480, compared to the U.S. median of $242,182.
What is the unemployment rate in Palm Bay, Florida?
The unemployment rate in Palm Bay, Florida is 5.8%, compared to the U.S. average of 5.2%.