Palm Bay, FL population, income and ZIP codes

Palm Bay city is a mid-size city in Florida, with 125,273 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #17 of 955 ranked by population — larger than 98% of them. The median age here is 41.3 years against 39.1 nationally, a slightly older profile than the country as a whole. At this size the Census also publishes one-year estimates; the five-year values used here are steadier and let you compare against smaller neighbours on the same basis.

Households in Palm Bay city earn a median of $67,521 a year, 14% below the national figure of $78,538 and within a couple of points of the $68,617 median for the 775 Florida cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 11.5% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Palm Bay city is valued at $248,000, 18.3% below the national figure and 19% below the $305,300 peer median, while median gross rent runs $1,487 a month, 5.8% above the national figure, or roughly $17,844 across a full year. A household on the local median income would put about 26.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 79.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.