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Palm Bay Florida Real Estate By Jennifer Hershey

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%
Homes With Mortgage 80%
First Mortgage Only 64%
First & Second Mortgage or HELOC 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
Aggravated Assaults
Property Crimes
Motor Vehicle Thefts

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
White population
African-American population
American Indian & Alaskan
Hispanic (of any race)
Median Family Income (1999)
$ 41,636%
Population Below Poverty Level

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