Palm Bay, FL 32905 has a population of approximately 23,848 and experiences a population change rate of 9.74%. The population density is 2,510.3 / sq mi .
Palm Bay, FL 32905 has a population of approximately 23,848 and experiences a population change rate of 9.74%. The population density is 2,510.3 / sq mi .
The median household income for Palm Bay, FL 32905 is $48,299, with 10,685 households and an average household size of 2.42.
The median value of a home in Palm Bay, FL 32905 is $250,700 with an appreciation rate of 26.80%. 47.74% of housing in the state is owned while 38.21% is rented.
The cost of living in Palm Bay, FL 32905 is 90.2 %.
The unemployment rate in Palm Bay, FL 32905 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 32905 is 7.00%, while the income tax rate is 0.00% .
School expenditures in Palm Bay, FL 32905 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 49.3 degrees. The average rainfall is approximately 54 inches per year, with 0 inches of snow per year.