OVERVIEW FOR Palm Bay, FL

125,273 people live in Palm Bay, where the median age is 41.3 and the average individual income is $35,113. Data provided by the U.S. Census Bureau.

125,273

Total Population

41.3 years

MEDIAN AGE

LOW - MODERATE

Population Density

$35,113

Average individual Income

Palm Bay: Space, Affordability, and Laid-Back Florida Living

Palm Bay is one of the most spacious and affordable cities on the Space Coast, offering large homesites, quiet residential neighborhoods, and convenient access to parks, nature preserves, and nearby beaches. With a growing population, a median age in the early 40s, and a low population density, Palm Bay provides a relaxed suburban lifestyle that appeals to families, first-time buyers, and anyone seeking value without sacrificing proximity to major Space Coast employers.

Demographics and Employment Data for Palm Bay, FL

Palm Bay offers one of the most affordable and accessible housing markets on the Space Coast, with a wide range of single-family homes, new construction, and larger lots at competitive prices. With steady demand, moderate days on market, and strong appeal for first-time buyers and investors, Palm Bay continues to grow as a top value choice in Brevard County.

$ 333,000

Median listing price

$ 311,000

median sold price

96 days

average days on market

Palm Bay offers a diverse job market supported by strong Space Coast industries, including aerospace, defense, manufacturing, and healthcare. Many residents work locally or commute to nearby Melbourne and major employers across Brevard County, benefiting from steady growth and solid career opportunities. Data provided by the U.S. Census Bureau.

employment by industries (taken from Data usa)

125,273 people call Palm Bay home. The population density is low to moderate and the largest age group is between 30 and 39 years old. Data provided by the U.S. Census Bureau.

125,273

TOTAL POPULATION

low - moderate

Population Density

41.3

MEDIAN AGE

48 / 52%

MEN VS WOMEN

POPULATION BUY AGE GROUP

0 - 9 Years
10%
10 - 19 Years
10%
20 - 29 Years
13%
30 - 39 Years
14%
40 - 49 Years
11%
50 - 59 Years
12%
60 - 69 Years
14%
70 - 79 Years
10%
80+ Years
5%

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Work With Us

Whether it's buying, selling, or investing, you are not alone in your real estate journey . At the Caruso Group, we're your dedicated partners, valuing your property like it's our own. With our focus on transparency, honesty, and genuine care, you'll have a trusted ally by your side, committed to achieving your goals.

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