Palm Bay, FL 32907 has a population of approximately 42,895 and experiences a population change rate of 25.74%. The population density is 2,417 / sq mi .
Palm Bay, FL 32907 has a population of approximately 42,895 and experiences a population change rate of 25.74%. The population density is 2,417 / sq mi .
The median household income for Palm Bay, FL 32907 is $59,364, with 16,193 households and an average household size of 2.9.
The median value of a home in Palm Bay, FL 32907 is $295,800 with an appreciation rate of 26.80%. 79.29% of housing in the state is owned while 14.01% is rented.
The cost of living in Palm Bay, FL 32907 is 97.6 %.
The unemployment rate in Palm Bay, FL 32907 is 2.40%, and recent job growth is at 2.04%. Future job growth is projected at 50.62%.
The sales tax rate in Palm Bay, FL 32907 is 7.00%, while the income tax rate is 0.00% .
School expenditures in Palm Bay, FL 32907 are $10,715, and the school ratio is 16.4:1.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 49.2 degrees. The average rainfall is approximately 54 inches per year, with 0 inches of snow per year.