Data / Palm Bay, FL / Profile

Palm Bay, FL in figures

A profile of Palm Bay, FL from official statistics: 11 figures in 3 sections, each with its period, its change from a year earlier, its rank among similar places where a ranking exists, and its source.

Figures last updated on 2026-10-12.

People

Population in Palm Bay, FL was 148,092 in 2025, up 4.8% from 2024, and the 14th highest of 176 cities in Florida.

Population148,0922025Up 4.8% from 2024The 14th highest of 176 cities in Florida
Median age41 years2024Down 0.3 years from 2023Tied for the 76th lowest of 176 cities in Florida
Foreign-born population share16%2024Up 0.9 percentage points from 2023The 84th highest of 176 cities in Florida
Bachelor's degree or higher, population 25 and over24%2024Up 1.4 percentage points from 2023
120K130K140K150K2020202120222023202420252020: 120,159 persons2021: 122,976 persons2022: 129,294 persons2023: 135,798 persons2024: 141,351 persons2025: 148,092 persons
Population, 2020 to 2025. persons. Source: U.S. Census Bureau, Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals).

Sources: U.S. Census Bureau, Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals); U.S. Census Bureau, American Community Survey 5-year estimates, table B01002: median age, total population, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B15003: population 25 years and over with a bachelor's degree or higher as a percentage of the population 25 years and over, calculated with stored inputs, US cities (incorporated places of 10,000 or more). Population and demography statistics and rankings

Work and income

Unemployment rate in Palm Bay, FL was 5.1% (provisional) in August 2026, up 0.5 percentage points from August 2025, and tied for the 22nd highest of 105 cities in Florida.

Unemployment rate5.1%August 2026, provisionalUp 0.5 percentage points from August 2025Tied for the 22nd highest of 105 cities in Florida
Median household income$72,6142024Up 7.5% from 2023The 85th lowest of 176 cities in Florida
Gini index44.82024Down 0.8 points from 2023The 78th lowest of 176 cities in Florida
234562021-072022-042023-012023-102024-072025-042026-082021-07: 4.7 %2021-08: 4.5 %2021-09: 4.2 %2021-10: 3.9 %2021-11: 3.9 %2021-12: 3.3 %2022-01: 3.9 %2022-02: 3.3 %2022-03: 3.2 %2022-04: 3 %2022-05: 3 %2022-06: 3.4 %2022-07: 3.3 %2022-08: 3.3 %2022-09: 3.1 %2022-10: 3 %2022-11: 3 %2022-12: 2.7 %2023-01: 3.1 %2023-02: 3 %2023-03: 3 %2023-04: 2.7 %2023-05: 3 %2023-06: 3.3 %2023-07: 3.2 %2023-08: 3.5 %2023-09: 3.5 %2023-10: 3.6 %2023-11: 3.5 %2023-12: 3.2 %2024-01: 3.5 %2024-02: 3.3 %2024-03: 3.3 %2024-04: 3.1 %2024-05: 3.4 %2024-06: 3.9 %2024-07: 4 %2024-08: 4.1 %2024-09: 3.7 %2024-10: 3.6 %2024-11: 3.7 %2024-12: 3.5 %2025-01: 4 %2025-02: 3.9 %2025-03: 3.7 %2025-04: 3.6 %2025-05: 3.9 %2025-06: 4.4 %2025-07: 4.5 %2025-08: 4.6 %2025-09: 4.6 %2025-11: 5.4 %2025-12: 5 %2026-01: 5.4 %2026-02: 5.2 %2026-03: 4.7 %2026-04: 5 %2026-05: 4.9 %2026-06: 5.1 %2026-07: 5.2 %2026-08: 5.1 %
Unemployment rate, July 2021 to August 2026. %. Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, cities and towns, not seasonally adjusted: unemployment rate (measure 03).

Sources: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, cities and towns, not seasonally adjusted: unemployment rate (measure 03); U.S. Census Bureau, American Community Survey 5-year estimates, table B19013: median household income in the past 12 months, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100), US cities (incorporated places of 10,000 or more). Labor market statistics and rankings

Prices and housing

Median home value in Palm Bay, FL was $283,200 in 2024, up 14.2% from 2023, and the 38th lowest of 176 cities in Florida.

Median home value$283,2002024Up 14.2% from 2023The 38th lowest of 176 cities in Florida
Median gross rent (monthly)$1,6012024Up 7.7% from 2023The 63rd lowest of 176 cities in Florida
Homeownership rate (US, housing units)79.7%2024Up 0.4 percentage points from 2023The 26th highest of 176 cities in Florida
Housing units authorized by building permits2,4552025, estimatedDown 19.8% from 2024
180K200K220K240K260K280K300K20212022202320242021: 186,100 USD2022: 226,200 USD2023: 248,000 USD2024: 283,200 USD
Median home value, 2021 to 2024. USD. Source: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more).

Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, Building Permits Survey: final annual estimates of new privately owned housing units authorized by permit-issuing place, including imputation. Housing statistics and rankings

Sources and citations

Each figure comes from the table cited here. Cite the publisher; these citations include any notice the publisher requires.

  1. U.S. Census Bureau. Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals). https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-12.
  2. U.S. Census Bureau. American Community Survey 5-year estimates, table B01002: median age, total population, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b01002.dat. Retrieved 2026-10-12.
  3. U.S. Census Bureau. American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b05002.dat. Retrieved 2026-10-12.
  4. U.S. Census Bureau. American Community Survey 5-year estimates, table B15003: population 25 years and over with a bachelor's degree or higher as a percentage of the population 25 years and over, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b15003.dat. Retrieved 2026-10-12.
  5. U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics, cities and towns, not seasonally adjusted: unemployment rate (measure 03). https://download.bls.gov/pub/time.series/la/la.data.0.CurrentU25-29. Retrieved 2026-10-12.
  6. U.S. Census Bureau. American Community Survey 5-year estimates, table B19013: median household income in the past 12 months, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19013.dat. Retrieved 2026-10-12.
  7. U.S. Census Bureau. American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100), US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19083.dat. Retrieved 2026-10-12.
  8. U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-12.
  9. U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-12.
  10. U.S. Census Bureau. American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25003.dat. Retrieved 2026-10-12.
  11. U.S. Census Bureau. Building Permits Survey: final annual estimates of new privately owned housing units authorized by permit-issuing place, including imputation. https://www2.census.gov/econ/bps/Place/South%20Region/so2025a.txt. Retrieved 2026-10-12.

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