Income/capita 30%
Household income 21%
Unemployment 20%
IndexPalm BayFloridaNational
Income per capita$20,738$27,598$29,829
Median household income$43,765$48,900$55,322
Median income owner occupied$50,341$59,209$70,586
Median income renter occupied$31,912$34,622$35,192
Median earnings male$29,763$31,444$36,919
Median earnings female$21,573$25,332$26,250
Unemployment rate5.6%4.9%4.7%
Poverty level18.0%16.1%15.1%

Key findings

  • The income per capita in Palm Bay is 30% lower than the national average
  • The median household income in Palm Bay is 21% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Palm Bay is 20% higher than the national average
  • The poverty level in Palm Bay is 19% higher than the national average

Best Places for Employment in and Around Palm Bay

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Compare Palm Bay, FL Employment

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      am i middle class

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      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.

      Palm Bay median earnings by income bracket

      Palm Bay employment by industry

      Labour TypeMaleFemale
      Construction industry11.9%1.6%
      Manufacturing sector13.3%0.7%
      Financial & insurance services2.5%2.9%
      Wholesale & retail services15.8%17.2%
      Public administration5.1%2.7%
      Transportation, warehousing & utilities6.6%2.3%
      Education, health & social services9.6%36.8%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Melbourne Beach, FL3,189$78,15041%
      Indialantic, FL2,798$73,66133%
      South Patrick Shores, FL6,398$70,36327%
      Malabar, FL2,886$68,04723%
      Grant-Valkaria, FL3,996$66,25020%
      Palm Bay, FL106,573$43,76521%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Everett, WA106,580$50,9338%
      Highlands Ranch, CO106,596$111,332101%
      Norwalk, CA106,360$61,05010%
      Pearland, TX106,238$96,95475%
      North Charleston, SC106,113$39,70328%
      Palm Bay, FL106,573$43,76521%
      Source: The Palm Bay, FL employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).