Palm Bay, FL Employment - Median Household Income, Unemployment Rate

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D+

21%

Income/capita NAT. AVG.

3%

Household income NAT. AVG.

22%

Unemployment NAT. AVG.

Index	Palm Bay	Florida	National
Income per capita	$35,464	$40,554	$44,883
Median household income	$79,219	$72,078	$81,333
Median income owner occupied	$83,712	$88,075	$106,172
Median income renter occupied	$55,530	$51,794	$52,080
Median earnings male	$45,520	$45,688	$54,343
Median earnings female	$37,107	$37,493	$38,439
Unemployment rate	3.8%	5.2%	4.9%
Poverty level	13.4%	16.1%	15.1%

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Homes For Sale In Palm Bay, FL

3396 Toledo Ave SW

Palm Bay, FL

2618 De Groodt Rd SW

Palm Bay, FL

2602 De Groodt Rd SW

Palm Bay, FL

2634 De Groodt Rd SW

Palm Bay, FL

Key findings

The income per capita in Palm Bay is 21% lower than the national average
The median household income in Palm Bay is 3% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Palm Bay is 22% lower than the national average
The poverty level in Palm Bay is 11% lower than the national average

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am i middle class

$52,807 $79,219 $158,438

City

$48,047 $72,078 $144,156

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Palm Bay median earnings by income bracket

Palm Bay employment by industry

Labour Type	Male	Female
Construction industry	10.6%	10.6%
Manufacturing sector	14.8%	14.8%
Financial & insurance services	2.3%	2.3%
Wholesale & retail services	16.9%	16.9%
Public administration	4.4%	4.4%
Transportation, warehousing & utilities	7.2%	7.2%
Education, health & social services	10.5%	10.5%
Other	32.0%	32.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Grant-Valkaria, FL	4,385	$136,310	67.6%
Palm Shores, FL	1,662	$131,291	61.4%
Satellite Beach, FL	11,431	$126,915	56.0%
Indialantic, FL	2,956	$124,297	52.8%
Malabar, FL	3,190	$122,360	50.4%
Palm Bay, FL	116,937	$79,219	2.6%

Cities with similar population

City	Population	Household Income	National Avg.
Clovis, CA	117,046	$123,112	51.4%
Carlsbad, CA	117,067	$164,943	102.8%
Spring Hill, FL	116,693	$77,627	4.6%
North Charleston, SC	117,218	$70,108	13.8%
El Monte, CA	116,590	$80,701	0.8%
Palm Bay, FL	116,937	$79,219	2.6%

Source: The Palm Bay, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.