Palm Bay, FL — City Data, Demographics & Statistics
Brevard County · Florida
City DNA
A unique fingerprint for Palm Bay based on 8 key metrics — compared to averages.
Quick Stats
Population
125,273
2023 ACS
Median Income
$67,521
2023
Median Home Value
$248,000
2023
Median Rent
$1,487
2023
Median Age
41.3
Unemployment
5.9%
Cost of Living Index
118.1
100 = national avg
Palm Bay is a city in Brevard County, Florida, with a population of 125,273 according to the 2023 American Community Survey. Palm Bay is one of the communities in Florida.
The median household income in Palm Bay is $67,521, and the median home value is $248,000. The cost of living index is 118.1 (where 100 = national average), and the median rent is $1,487 per month. The unemployment rate is 5.9%, and the median age is 41.3 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
125,273
Male
61,112
48.8%
Female
64,161
51.2%
Median Age
41.3
Age Distribution
Education & Household
Bachelor's or Higher
16.0%
High School or Higher
39.1%
Foreign Born
15.1%
Veterans
8.2%
Married
39.8%
Avg Household Size
2.8
Marital Status by Age
Race & Ethnicity
Diversity Index
0.550
Simpson's Index (0-1)
Largest Group
White
59.2%
Foreign Born
15.1%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
19.7%
24,704 people
Not Hispanic/Latino
80.3%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
118,551
English Only
81.6%
#1 Non-English Language
Spanish
14,879 speakers
Limited English
5.7%
Language Distribution
English Proficiency
Speaks English Very Well
94.3%
Limited English Proficiency
5.7%
Veterans & Military
Total Veterans
10,323
8.2% of population
Disability Rate
34.2%
3,530 with disability
Veteran Median Income
$48,960
Unemployment Rate
4.0%
Period of Service
Veteran Age Distribution
Male Veterans
8,912
86.3%
Female Veterans
1,411
13.7%
Veteran vs Non-Veteran Income
Veteran Income
$48,960
Non-Veteran Income
$31,432
Difference
$17,528
55.8% higher
Disability Status
With Disability
3,530
Without Disability
6,793
Disability Rate
34.2%
Ancestry & Heritage
Total Reporting Ancestry
86,076
#1 Ancestry
Irish
10.7% (13,454)
#2 Ancestry
German
10.5% (13,203)
#3 Ancestry
English
9.7% (12,169)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
44,432
Family Households
31,049
69.9%
Married Couples
21,925
49.3%
Non-Family Households
13,383
30.1%
Single Mother Households
7,018
15.8%
Single Father Households
2,106
4.7%
Living Alone
11,017
24.8%
Children Under 18
Total Children
24,113
In Married Couple
15,254
63.3%
With Single Mother
7,292
30.2%
With Single Father
1,567
6.5%
Family Income
Median Family Income
$75,566
Married Couple Income
$81,272
Single Mother Income
$51,689
Single Father Income
$64,681
Avg Family Size
2.8
Avg Non-Family Size
3.0
Grandparents w/ Grandchildren
3,856
Grandparents Responsible
1,169
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$67,521
-8% vs national
Per Capita Income
$34,474
-7% vs national
Poverty Rate
11.6%
-15% vs national
Gini Index
0.4565
0 = perfect equality
Unemployment
5.9%
+14% vs national
SNAP Recipients
14.2%
of households
How Palm Bay Compares
Palm Bay vs Similar Cities
Compared to cities with 100,000 - 250,000 residents. Palm Bay is highlighted.
Median Household Income
Palm Bay, FL has a median household income of $67,521, making it the 13,175th highest median household income out of 28,123 cities in our database. This means that Palm Bay has a higher median household income than 53% of all the cities we measured.
Per Capita Income
Palm Bay, FL has a per capita income of $34,474, making it the 12,733rd highest per capita income out of 28,123 cities in our database. This means that Palm Bay has a higher per capita income than 55% of all the cities we measured.
Poverty Rate
Palm Bay, FL has a poverty rate of 11.6%, making it the 14,775th highest poverty rate out of 31,262 cities in our database. This means that Palm Bay has a higher poverty rate than 53% of all the cities we measured.
Unemployment Rate
Palm Bay, FL has a unemployment rate of 5.9%, making it the 9,361st highest unemployment rate out of 31,012 cities in our database. This means that Palm Bay has a higher unemployment rate than 70% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Palm Bay. The median household income here is $67,521.
Income Distribution
Employment Snapshot
Unemployment Rate
5.9%
+21% vs FL avg
Labor Force
61,386
Employed
57,255
Mean Commute
25 min
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
16.0%
of adults 25+
High School Diploma+
39.1%
of adults 25+
Median Age
41.3
Work from Home
9.4%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Palm Bay-Melbourne-Titusville, FL metro area
Highest-Paying Job
Software Developers
Top Median Wage
$128.0K
per year
Occupations Tracked
20
Cost of Living
Overall Index
118.1
100 = national avg
+18.1 vs national average
Living Wage (1 Adult)
$51,947
per year
Living Wage (Family of 4)
$122,784
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,478
per month
2 Bedroom
$1,709
per month
The median household income in Palm Bay, FL is $67,521, which is 7.8% below the national average of $73,224. Per capita income is $34,474. The poverty rate of 11.6% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.4565, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.9%, compared to the state average of 4.9%. The labor force is 61,386. 16.0% of adults hold a bachelor's degree or higher. The average commute time is 25 minutes, with 9.4% working from home. About 76.5% of workers drive alone to work. The overall cost of living index is 118.1, which is 18.1% above the national average. Housing costs are above the national average at an index of 142.7. A single adult needs to earn approximately $51,947 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$312,000
Median List Price
$341,495
Price Per Sq Ft
$183
Days on Market
91
Active Inventory
1,149
Months of Supply
6.0
Balanced market
Zillow Home Value
$298,296
ZHVI — January 2026
Zillow Rent Index
$1,838
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
13.6%
Off Market in 2 Weeks
13.2%
Sale-to-List Ratio
97.7%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
191
New Listings
352
Pending Sales
303
Price Per Square FootRedfin
Median Sale $/SF
$183
Median List $/SF
$192
House Price IndexFHFA
How much have housing prices increased in Palm Bay, FL? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Palm Bay-Melbourne-Titusville, FL metro area, home prices have risen 426.1% over the past 40 years. Over 20 years, prices grew 64.7%. The 10-year growth rate is 135.3%. Over the last 5 years, prices increased 54.5%. In the most recent 2-year period, the index rose 1.3%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Palm Bay-Melbourne-Titusville, FL housing market rather than Palm Bay alone.
Metro area: Palm Bay-Melbourne-Titusville, FL
Palm Bay vs Similar CitiesCensus ACS / Redfin
Compared to cities with 100,000 - 250,000 residents. Palm Bay is highlighted.
Median Home Value
Palm Bay, FL has a median home value of $248,000, making it the 9,287th highest median home value out of 27,993 cities in our database. This means that Palm Bay has a higher median home value than 67% of all the cities we measured.
Median Rent
Palm Bay, FL has a median rent of $1,487, making it the 4,158th highest median rent out of 22,337 cities in our database. This means that Palm Bay has a higher median rent than 81% of all the cities we measured.
Median Price Per Sq Ft
Palm Bay, FL has a price per square foot of $183, making it the 9,407th highest price per square foot out of 20,748 cities in our database. This means that Palm Bay has a higher price per square foot than 55% of all the cities we measured.
Rent Burden
Palm Bay, FL has a rent burden of 26.4%, making it the 2,581st highest rent burden out of 21,928 cities in our database. This means that Palm Bay has a higher rent burden than 88% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$248,000
Median Rent
$1,487
Total Housing Units
48,826
Vacancy Rate
9.0%
Owner Occupied
79.3%
Renter Occupied
20.6%
Median Property Tax
$1,539
per year
Monthly Cost (w/ Mortgage)
$1,074
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$1,539
per year
Effective Tax Rate
0.62%
of home value
Median Home Value
$248,000
Estimated Mean Tax
$1,968
The effective property tax rate is calculated by dividing the median annual property tax ($1,539) by the median home value ($248,000). In Palm Bay, FL, this works out to an effective rate of 0.62%. This is below the national average of approximately 1.1%.
The current median sale price in Palm Bay, FL is $312,000 according to Redfin data. Homes spend a median of 91 days on the market. 13.6% of homes sold above asking price. The market has 6.0 months of supply. The median price per square foot is $183. Zillow's observed rent index is $1,838/month. About 79.3% of housing units are owner-occupied. The median year homes were built is 1992. There are 48,826 total housing units. Homeowners pay a median annual property tax of $1,539. The effective tax rate is 0.62%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
3.48
per 1,000 residents
+34% vs national
Property Crime Rate
10.17
per 1,000 residents
-41% vs national
Total Crimes
1,927
2024
Violent Clearance
51%
cases solved
Property Clearance
15%
cases solved
YoY Change
+9.0%
violent crime rate
worsening vs 2023
How Palm Bay Compares
Source: FBI (2024)Palm Bay vs Similar Cities
Source: FBI (2024)Compared to cities with 100,000 - 250,000 residents. Palm Bay is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Palm Bay police solve 73% of murder cases but only 15% of larceny/theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 11 | 0.08 | 72.7% |
| Rape | Violent | 67 | 0.47 | 17.9% |
| Robbery | Violent | 73 | 0.52 | 58.9% |
| Aggravated Assault | Violent | 339 | 2.40 | 55.2% |
| Burglary | Property | 324 | 2.30 | 17.9% |
| Larceny/Theft | Property | 1,023 | 7.25 | 14.6% |
| Motor Vehicle Theft | Property | 89 | 0.63 | 15.7% |
Palm Bay, FL reported 491 violent crimes and 1,436 property crimes in 2024. The violent crime rate of 3.48 per 1,000 residents is 33.8% above the national average of 2.60 per 1,000. Law enforcement cleared 51% of violent crimes. Larceny/theft accounts for 1,023 of the property crime reports. Firearms were involved in 32.4% of aggravated assaults. Violent crime has been trending upward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 491 | 1,436 | 3.48 | 10.17 |
| 2023 | 428 | 1,373 | 3.19 | 10.24 |
| 2022 | 375 | 1,239 | 2.98 | 9.85 |
| 2021 | 367 | 1,164 | 3.10 | 9.84 |
| 2020 | 329 | 1,770 | 2.81 | 15.14 |
| 2019 | 396 | 1,981 | 3.43 | 17.15 |
| 2017 | 561 | 2,120 | 5.04 | 19.05 |
| 2016 | 517 | 1,841 | 4.75 | 16.92 |
| 2015 | 508 | 2,060 | 4.77 | 19.35 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
98.4
Relatively High
Expected Annual Loss
98.6
Score (0-100)
Social Vulnerability
40.8
Score (0-100)
Community Resilience
63.4
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
45
Public Assistance
$221.4M
Individual Assistance
$37.1M
Most Common Type
Hurricane
24 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Hurricane Milton → | Hurricane | Oct 2024 | $4.9M | $654K |
| Hurricane Milton → | Hurricane | Oct 2024 | — | — |
| Hurricane Debby → | Tropical Storm | Aug 2024 | — | — |
| Tropical Storm Debby → | Tropical Storm | Aug 2024 | — | — |
| Hurricane Idalia → | Hurricane | Aug 2023 | $27K | — |
| Tropical Storm Idalia → | Tropical Storm | Aug 2023 | — | — |
| Hurricane Nicole → | Hurricane | Dec 2022 | $18.7M | $354K |
| Tropical Storm Nicole → | Tropical Storm | Nov 2022 | — | — |
| Hurricane Ian → | Hurricane | Sep 2022 | $13.1M | $1.5M |
| Tropical Storm Ian → | Hurricane | Sep 2022 | — | — |
| Hurricane Isaias → | Hurricane | Aug 2020 | — | — |
| Covid-19 Pandemic → | Biological | Mar 2020 | $3.7M | $1.5M |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Hurricane Dorian → | Hurricane | Oct 2019 | $5.8M | — |
| Hurricane Dorian → | Hurricane | Aug 2019 | — | — |
| Hurricane Irma → | Hurricane | Sep 2017 | $49.1M | $6.5M |
| Hurricane Irma → | Hurricane | Sep 2017 | — | — |
| Hurricane Matthew → | Hurricane | Oct 2016 | $28.7M | $174K |
| Hurricane Matthew → | Hurricane | Oct 2016 | — | — |
| Tropical Storm Fay → | Severe Storm | Aug 2008 | $7.6M | $1.4M |
Showing 20 of 49 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
5,683
Total Claims Paid
$68,547,989
Avg Claim Payout
$12,062
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
72
Federal Funding
$21,959,699
Properties Protected
134
Avg Benefit-Cost Ratio
3.17
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 205.8: Retrofitting Public Structures - Wind | 32 | $7,716,870 |
| 601.2: Generators - Regular | 7 | $821,673 |
| 403.1: Stormwater Management - Culverts | 5 | $2,098,693 |
| 401.1: Water and Sanitary Sewer System Protective Measures | 4 | $1,277,922 |
| 405.1: Other Minor Flood Control | 3 | $254,289 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Palm Bay has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are hurricane, lightning, wildfire. The area has had 45 federal disaster declarations. The most common disaster type is hurricane (24 declarations). 5,683 flood insurance claims have been filed in the area. FEMA has obligated $221,415,197 in public assistance recovery funding. $37,100,262 has been distributed in individual assistance to disaster-affected residents. 72 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
36.5%
near the national average
Depression Rate
19.1%
4.4pp below the national average
Diabetes Rate
14.0%
2.1pp above the national average
Uninsured Rate
14.2%
3.6pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
39.0%
Arthritis
28.8%
Cancer (excl. skin)
8.9%
Teeth Lost (65+)
12.6%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
17.6%
14+ days in past month
Depression
19.1%
Loneliness
—
Lack of Support
—
Disability Prevalence
Any Disability
33.4%
Mobility
16.2%
Cognitive
14.9%
Hearing
7.5%
Vision
6.1%
Self-Care
4.4%
Independent Living
8.8%
Palm Bay has an obesity rate of 36.5%, which is near the national average. The depression rate is 19.1%, 4.4pp below the national average. About 14.2% of adults lack health insurance. 78.5% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
4
Avg CMS Rating
3.0 / 5
Nearest Hospital
4.1 mi
Palm Bay Hospital
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Palm Bay Hospital | 4.1 mi | Acute Care Hospitals | 4/5 | Yes |
| Holmes Regional Medical Center | 8.2 mi | Acute Care Hospitals | 3/5 | Yes |
| Circles Of Care, Inc | 8.2 mi | Psychiatric | — | — |
| Orlando Health Melbourne Hospital | 12.5 mi | Acute Care Hospitals | 2/5 | Yes |
| Orlando Health Sebastian River Hospital | 15.6 mi | Acute Care Hospitals | 3/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
1
Pop. Served
140,750
Violations (5yr)
9
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| PALM BAY, CITY OF | 140,750 | 9 |
There are 1 water system serving the area. 9 water quality violations have been reported in the past 5 years.
Infrastructure
Commute Overview2023 ACS
Mean Commute
25 min
+7% vs national
Drive Alone
76.5%
-3% vs national
Public Transit
1.0%
+7% vs national
Work From Home
9.4%
+2% vs national
Carpool
10.3%
Walk / Bike
1.3%
combined
How Palm Bay's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
12
2023
6-Year Avg
10
fatalities/yr
Pedestrian
6
Nighttime
9
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 12 | 12 | 0 | 6 | 0 |
| 2022 | 5 | 5 | 0 | 2 | 0 |
| 2021 | 10 | 11 | 0 | 2 | 1 |
| 2020 | 6 | 6 | 0 | 1 | 0 |
| 2019 | 10 | 13 | 4 | 7 | 0 |
| 2018 | 13 | 13 | 2 | 0 | 2 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
The average commute in Palm Bay, FL is 25 minutes, which is 6.8% above the national average of 23 minutes. 76.5% of workers drive alone, compared to the national average of 78.7%. 9.4% work from home, which is below the FL state average of 13.8%. 10.3% of workers carpool. 0.8% commute by bicycle. In 2023, there were 12 traffic fatalities from 12 fatal crashes. 6 were pedestrians.
Internet & Broadband Access
Source: Census ACSBroadband Access
91.8%
of households
Cable / Fiber / DSL
80.5%
of households
No Internet
6.5%
of households
Total Households
44,432
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
95.3%
of households
Smartphone
90.0%
of households
Desktop / Laptop
83.6%
of households
Tablet
67.7%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.1¢
per kWh
-17% vs 100,000 - 250,000 avg
Commercial Rate
11.0¢
per kWh
-19% vs 100,000 - 250,000 avg
Industrial Rate
8.5¢
per kWh
-14% vs 100,000 - 250,000 avg
Avg Monthly Bill
$156
residential
+10% vs 100,000 - 250,000 avg
17% below the national average of 17.1¢/kWh
Residential electricity in Florida averages 14.1¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $156. State-level averages from EIA Electric Sales & Revenue data (2024).
Palm Bay vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (100,000 - 250,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
1
Population Served
140,750
Violations (5yr)
9
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| PALM BAY, CITY OF | Community | Ground water | 140,750 | 9 |
91.8% of households in Palm Bay have broadband internet access. 80.5% have cable, fiber, or DSL service. 8.6% rely solely on cellular data without a wired connection. 6.5% of households have no internet access. 6.8% use only a smartphone without a desktop or laptop. The area is served by 1 water system, providing water to 140,750 people. A total of 9 water quality violations have been recorded over the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Palm Bay is located in Brevard County, FL. Results reflect all voters in the county, not just those in Palm Bay.
Election Overview
Source: Brevard County (2024)2024 Winner
Republican
Dem Votes
141,233
39.1%
GOP Votes
216,533
59.9%
Total Votes
361,449
Margin
R+20.8%
Shift from 2020
R+4.4pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 141,233 | 216,533 | 361,449 | 39.1% | 59.9% | R+20.8 |
| 2020 | 148,549 | 207,883 | 360,764 | 41.2% | 57.6% | R+16.4 |
| 2016 | 119,525 | 181,620 | 314,337 | 38.0% | 57.8% | R+19.8 |
In the 2024 presidential election, Brevard County recorded 361,449 total votes. Republicans won the county with 59.9% of the vote compared to 39.1% for Democrats, a margin of R+20.8%. Compared to 2020, the margin shifted R+4.4pp from the previous election. Since 2016, Brevard County has shifted 1.1 percentage points toward Republicans.
Public Records Request
Source: palmbayfl.govSubmit a public records request to Palm Bay — Uses GovQA portal for online requests..
Source: palmbayfl.gov
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
383
Total Assets
$136.2M
Total Income
$84.6M
Per 10K Residents
30.6
nonprofits
-50.0% vs peers avg
Orgs with >$1M Assets
10
Median Assets
$72K
Oldest Active
1941
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $127.4M of $136.2M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 100,000 - 250,000
Largest Nonprofits in Palm Bay
Source: IRS Exempt Organizations BMFPalm Bay, FL has 383 registered 501(c)(3) nonprofit organizations with combined assets of $136.2M. The most common category is Religion-Related, with 106 organizations. 10 nonprofits have assets exceeding $1 million. That works out to 30.6 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
351
Total Approved
$130.8M
Jobs Supported
2,585
Per 10K Residents
28.0
SBA loans
-66.6% vs peers avg
Unique Lenders
80
Top Lender
TD Bank, National Association
75 loans
Top Industry
Health Care & Social Assistance
Data Span
1992–2026
Loan Program Breakdown
Source: SBA FOIALoans
307
Total Amount
$92.1M
Avg Loan
$299,979
Median Loan
$75,000
SBA Guaranteed
$68.7M(75%)
Jobs Supported
1,959
Loans
44
Total Amount
$38.7M
Avg Loan
$879,773
Median Loan
$543,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
88
25% of all-time total
Recent Amount
$49.7M
38% of all-time total
Avg Recent Loan
$564,403
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 100,000 - 250,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Jpa Properties I Llc | 1 | $5.5M |
| Rogue Valley Microdevices, Inc. | 2 | $5.1M |
| Motorsports of Melbourne Inc | 1 | $5.0M |
| Laxmi Mlb Llc | 1 | $5.0M |
| Laxmi Inc. of Palm Bay | 2 | $4.2M |
| Nsd Aqua Retail, Llc | 1 | $3.8M |
| Palmbay Meat & Produce Corp. | 1 | $3.8M |
| Palm Bay Hotel Venture Llc | 1 | $3.6M |
| Powercore of Florida Inc. | 1 | $2.0M |
| True Path Corporation and Animal Hospital of Palm Bay Inc. | 1 | $1.9M |
Palm Bay, FL has received 351 SBA loans totaling $130.8M in approved funding between 1992 and 2026. The 7(a) program accounts for 307 loans (87% of the total), supporting 1,959 jobs. The 504 program, focused on real estate and large equipment, has funded 44 loans totaling $38.7M. The most common industry receiving SBA funding is Health Care & Social Assistance. The most active SBA lender in Palm Bay is TD Bank, National Association with 75 loans. That works out to 28.0 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
8
Total Population
174,533
Avg Median Income
$82,544
Avg Home Value
$333,413
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 32901 | 28,565 | $50,646 | $244,500 | $1,349 | 12.1 |
| 32905 | 24,473 | $56,671 | $206,200 | $1,361 | 9.7 |
| 32907 | 48,352 | $71,827 | $253,700 | $1,693 | 17.7 |
| 32908 | 14,970 | $66,589 | $265,500 | $1,822 | 19.2 |
| 32909 | 39,611 | $76,708 | $261,400 | $1,502 | 57.7 |
| 32949 | 2,821 | $126,146 | $497,200 | N/A | 16.8 |
| 32950 | 4,573 | $122,905 | $443,100 | $1,813 | 18.6 |
| 32951 | 11,168 | $88,859 | $495,700 | $1,690 | 8.1 |
Palm Bay, FL has 8 ZIP codes with a combined population of 174,533. The average median household income across all ZIP codes is $82,544. The average median home value is $333,413. The average median monthly rent is -$83,331,929.
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