Palm Bay Florida Real Estate
Palm Bay, Florida, is located in Brevard County, of , and 169 miles S of Jacksonville, Florida. Palm Bay has a population of 79,413.
Palm Bay Homes
Palm Bay properties pool is 30,352 residential properties including Palm Bay new homes. Median age of real estate in Palm Bay is 1985. Average Household size is 3.03 people. 2% are one bedroom homes, 21% are 2 bedroom homes, 65% are 3 bedroom homes, 11% are 4 bedroom homes, and 1% are 5+ bedroom homes.
Palm Bay Mortgage Statistics
Palm Bay mortgages vs. USA median statistics
| Homes |
Palm Bay |
USA |
| Homes With No Mortgage |
20% |
30% |
| Homes With Mortgage |
80% |
70% |
| First Mortgage Only |
64% |
54% |
| First & Second Mortgage or HELOC |
16% |
16% |
Palm Bay Area Real Estate Tax
Palm Bay Real estate Tax: Median Real Estate Taxes (2000) were $808 comparing to 1999 Median Family income $ 41,636. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Palm Bay School District: Children make up 26.5% of Palm Bay population. Palm Bay has 21,083 under 18 years old residents, or 0.6 kids per one worker, or 0.69 kids per one household.
Palm Bay Real Estate & Palm Bay Homeownership
There are 6677.44 or 22% one person households, 10926.72 or 36% two person households, and 5463.36 or 18% three person households in Palm Bay, Florida. Median residents age is 37.2, Senior citizens (65+) make up 11,679 or 14.7%% of Palm Bay population.
There are 35,147 workers (over 16 years of age) in Palm Bay. Of these, 95.62% drive to work. Approximately 0.39% of workers in Palm Bay take public transportation. An estimated 0.42% walk to work.
Median Palm Bay homeowner's housing expences are 19.8%
Crime in Palm Bay (2003), crimes per 10,000 residents per year
| Type of Crime |
Palm Bay |
USA, 2003 |
| Violent Crimes |
72.53 |
47.5 |
| Robberies |
8.06 |
14.2 |
| Aggravated Assaults |
54.4 |
29.5 |
| Property Crimes |
402.83 |
358.8 |
| Burglaries |
112.07 |
74.0 |
| Larceny-Thefts |
268.22 |
241.5 |
| Motor Vehicle Thefts |
22.54 |
43.3 |
Invest in Palm Bay Properties
When making a decision about buying real estate in Palm Bay Florida area, you should consider following statistical data:
| Category |
Palm Bay |
USA |
| Near Medium City |
|
- |
| Near Large City |
Jacksonville, Florida |
- |
| Palm Bay Zip Codes |
32905, 32907, 32908, 32909 |
- |
| Palm Bay Area Codes |
321 |
- |
| White population |
81.54% |
75.1% |
| African-American population |
11.31% |
12.3% |
| Asian |
1.71% |
3.6% |
| American Indian & Alaskan |
0.35% |
0.9% |
| Hispanic (of any race) |
8.63% |
12.5% |
| Median Family Income (1999) |
$ 41,636% |
$42,000 |
| Population Below Poverty Level |
9.41% |
12.4% |
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