Palm Bay, FL

Full City Profile · Florida · Indian River County County

3.0 /5.0
B Good
125,273 Population 1,445/sq mi density
$67,521 Median Income $34,474 per capita
$248,000 Home Value $303,910 Zillow
$1,487 Median Rent 33.1% income on rent
73°F Avg Temperature
354 Violent Crime/100K 1,031 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$67,521 median income, 5.9% unemployment
A+
Affordability
4.6 / 5.0
$248,000 home value, $1,487/mo rent
F
Safety
1.0 / 5.0
354 violent crimes/100K
C+
Education
2.8 / 5.0
22.6% bachelor's degree or higher

Population Overview

Total Population
125,273
Census 2023
Population Density
1,445
per square mile
Land Area
68.8
square miles (178.3 km²)
Median Age
41.3 yrs
6% above US avg (38.9 yrs)

Gender Distribution

48.8%
Male
51.2%
Female
49%
51%

Race & Ethnicity

White 59.2% US: 61.6%
Black 19.3% US: 12.4%
Hispanic 19.7% US: 18.7%
Asian 2.1% US: 5.9%
City vs. U.S. Average
White
59.2%
Black
19.3%
Hispanic
19.7%
Asian
2.1%
Thin line = U.S. average

Language Spoken at Home

English Only 81.6% US: 78.5%
Spanish 16.9% US: 13.4%
Other Languages 1.5%
City vs. U.S. Average
English Only
81.6%
Spanish
16.9%
Thin line = U.S. average

Social Characteristics

Foreign Born
15.1%
Veterans
10.6%
77% above US avg (6%)
Disability
16.3%
25% above US avg (13%)
Health Insurance Coverage
87.9%
4% below US avg (91.4%)
Uninsured
12.1%
41% above US avg (8.6%)
Income Inequality (Gini)
0.507
US avg: 0.490 (0 = perfect equality, 1 = max inequality)

Complete Demographics Data

Population

Total Population125,273
Population Year2023
Population Density1,445 / sq mi
Land Area68.8 sq mi
Median Age41.3 years

Gender

Male48.8%
Female51.2%

Race & Ethnicity

White59.2%
Black or African American19.3%
Hispanic or Latino19.7%
Asian2.1%

Language

English Only81.6%
Spanish16.9%

Social Indicators

Foreign Born15.1%
Veterans10.6%
Disability16.3%
Health Insurance87.9%
Uninsured12.1%
Broadband Access91.8%
Gini Coefficient0.507

Classification

USDA Rural-Urban Code3, Metro / under 250K