Palm Bay is a city in Florida state in USA with a population of 113751 residents.. The poverty rate of Palm Bay is 13.4%, which is 4% lower than national average. The typical household in Palm Bay earns $52435 a year, compared to the national median of $67,500. Nearly 47.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Palm Bay, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Palm Bay remained 6.3%, which is 34% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Palm Bay, only 20% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Palm Bay is 95, which is 5% lower than national average. Median home value in Palm Bay is $172200 , which is 25% lower than national average. While median income in Palm Bay remained $52435, which is 22% lower than national average.