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Economy & jobs
Statistics · City
estimate
Median household income in Palm Bay
2013 – 2024 · 12 data points
208 of 386 · Towns of Florida
Updated Nov 8, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
8 figures
People
24 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$72,614
+7.5%
since 2023 ± $3,753 · margin of error
Towns of Florida · 2024
208 of 386
Place 1 is the highest value.
since 2014
+69%
+4.9% a year on average
vs Brevard County
−7.5%
Brevard County: $78,476 · 2024
Median household income, 2013 – 2024 US Dollar · Palm Bay · Brevard County · Florida · United States
+69% since 2014
$40,000
$60,000
$80,000
$100K
2013
2016
2018
2020
2024
Palm Bay
Brevard County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median household income · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Palm Bay · 2013 – 2024
Latest value
$72,614 · 2024
First value
$43,076 · 2013
Highest
$72,614 · 2024
Lowest
$43,064 · 2014
Average change
+4.9% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Palm Bay | ± | Change | Brevard County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $72,614 | $3,753 | +7.5% | $78,476 | $74,568 | $80,734 |
| 2023estimate | $67,521 | $3,004 | +8.0% | $75,817 | $71,711 | $78,538 |
| 2022estimate | $62,538 | $2,614 | +12% | $71,308 | $67,917 | $75,149 |
| 2021estimate | $55,963 | $1,473 | +6.7% | $63,632 | $61,777 | $69,021 |
| 2020estimate | $52,435 | $1,748 | +2.0% | $59,359 | $57,703 | — |
| 2019estimate | $51,408 | $1,626 | +7.9% | $56,775 | $55,660 | — |
| 2018estimate | $47,640 | $1,454 | +4.0% | $54,359 | $53,267 | — |
| 2017estimate | $45,811 | $1,843 | +4.7% | $51,536 | $50,883 | — |
| 2016estimate | $43,765 | $2,424 | +1.4% | $49,914 | $48,900 | — |
| 2015estimate | $43,163 | $2,327 | +0.2% | $48,925 | $47,507 | — |
| 2014estimate | $43,064 | $2,411 | −0.0% | $48,483 | $47,212 | — |
| 2013estimate | $43,076 | $1,926 | $48,039 | $46,956 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2017 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 54 | Alva | $76,250 | |
| 116 | Anna Maria | $62,727 | |
| 316 | Apalachicola | $37,120 | |
| 41 | Apollo Beach | $80,140 | |
| 67 | Atlantic Beach | $72,946 | |
| 39 | Atlantis | $82,610 | |
| 144 | Aventura | $57,388 | |
| 267 | Bagdad | $43,034 | |
| 76 | Bal Harbour | $70,641 | |
| 257 | Baldwin | $44,271 | |
| 92 | Bay Harbor Islands | $67,092 | |
| 205 | Bay Pines | $49,375 | |
| 319 | Bayonet Point | $36,616 | |
| 290 | Bayshore Gardens | $40,691 | |
| 362 | Bell | $30,469 | |
| 376 | Belle Glade | $25,873 | |
| 30 | Belleair | $85,900 | |
| 35 | Belleair Beach | $84,712 | |
| 219 | Belleair Bluffs | $48,261 | |
| 192 | Bellview | $50,693 | |
| 375 | Beverly Hills | $26,525 | |
| 146 | Big Pine Key | $57,365 | |
| 81 | Biscayne Park | $69,750 | |
| 28 | Bloomingdale | $87,320 | |
| 55 | Boca Raton | $76,218 | |
| … | |||
| 378 | Otter Creek | $25,500 | |
| 105 | Pace | $64,966 | |
| 373 | Pahokee | $27,172 | |
| 246 | Palm Bay | $45,811 | |
| 11 | Palm Beach | $111K | |
| 49 | Palm Beach Gardens | $77,864 | |
| 101 | Palm Beach Shores | $65,294 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2017
What it means
The income in the middle: half the households earn more, half earn less.
How it is calculated
Median of total annual household income from the survey, in dollars of the survey's last year.
Economy & jobs
Palm Bay in numbers
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$43B
2024 · Brevard County
Economic growth
4.3%
2024 · Brevard County
Inflation
2.9%
2024 · United States
Unemployment rate
4.3%
2025
Unemployment rate, latest month
5.1%
Aug 2026
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
60.2%
2024
Labour force
66,937
2025
Household income per person
$64,167
2024 · Florida