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Florida / Brevard County / Palm Bay

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Palm Bay

City, Brevard County. Population 146,929 (2025), +4.8% on the prior year, +22.7% since 2020 Last updated 2026-10-04.

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BusinessFlare® GIS, live. 86.67 square miles of land inside the limits.

Population

2025
Population146,929Population, April 1, 1979 to 20251979146.9k high2025
Change since the prior year+4.8%2024 to 2025
Change since 2020+22.7%2020 to 2025
Census 2020119,7602020

University of Florida Bureau of Economic and Business Research, Florida Estimates of Population, retrieved 2026-10-01 | Population estimates

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Basis of the latest figureestimate2025

Population by year

April 1 of each year. Basis is census in a census year, otherwise BEBR's estimate.

YearPopulationBasisChange
2025146,929estimate+4.8%
2024140,199estimate+5.1%
2023133,459estimate+5.3%
2022126,748estimate+3.2%
2021122,765estimate+2.5%
2020119,760census+3.8%
2019115,322estimate+2.3%
2018112,703estimate+1.9%
2017110,623estimate+1.3%
2016109,162estimate+1.6%
2015107,481estimate+1.6%
2014105,815estimate+1.1%
2013104,693estimate+1.0%
2012103,681estimate+0.2%
2011103,504estimate+0.3%
2010103,190census+0.8%
2009102,397estimate-0.1%
2008102,519estimate+0.7%
2007101,793estimate+5.3%
200696,683estimate+5.2%
200591,888estimate+3.7%
200488,572estimate+4.2%
200384,994estimate+2.9%
200282,611estimate+2.4%
200180,685estimate+1.6%
200079,413census+0.4%
199979,131estimate+1.5%
199877,973estimate+2.6%
199775,987estimate+2.1%
199674,395estimate+1.7%
199573,137estimate+2.3%
199471,492estimate+3.3%
199369,197estimate+3.3%
199266,963estimate+3.0%
199165,015estimaten/a
198956,671estimate+8.0%
198852,452estimate+11.4%
198747,096estimate+10.7%
198642,533estimate+16.1%
198536,647estimate+17.2%
198431,276estimate+12.8%
198327,734estimate+9.7%
198225,290estimate+16.4%
198121,720estimaten/a
197915,564estimaten/a

Labor force

Aug 2026
Unemployment rate5.1%Unemployment rate, not seasonally adjusted, Aug 2016 to Aug 2026Aug 201612.1% highAug 2026
Labor force67,089Aug 2026
Employment63,701Aug 2026
Unemployed3,388Aug 2026
Rate a year earlier4.6%Aug 2025
Labor force, change on a year earlier+0.3%Aug 2026

US Bureau of Labor Statistics, Local Area Unemployment Statistics, retrieved 2026-10-01 | Labor force page

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Latest month is preliminaryyesAug 2026

Monthly, last three years

Not seasonally adjusted. The latest month may be preliminary.

MonthLabor forceEmployedUnemployedRate
Aug 202667,08963,7013,3885.1%
Jul 202666,81363,3663,4475.2%
Jun 202667,18063,7753,4055.1%
May 202666,70063,4093,2914.9%
Apr 202666,91563,5503,3655.0%
Mar 202666,61463,4503,1644.7%
Feb 202666,91663,4383,4785.2%
Jan 202666,47762,8933,5845.4%
Dec 202566,77963,4713,3085.0%
Nov 202567,07963,4593,6205.4%
Sep 202567,46864,3513,1174.6%
Aug 202566,90163,8363,0654.6%
Jul 202567,32864,2853,0434.5%
Jun 202567,22264,2622,9604.4%
May 202566,68664,0822,6043.9%
Apr 202566,76964,3562,4133.6%
Mar 202566,81464,3142,5003.7%
Feb 202566,62564,0592,5663.9%
Jan 202566,63863,9672,6714.0%
Dec 202466,18263,8982,2843.5%
Nov 202466,19063,7132,4773.7%
Oct 202466,91864,4782,4403.6%
Sep 202467,42464,9032,5213.7%
Aug 202467,27564,4942,7814.1%
Jul 202467,47064,7782,6924.0%
Jun 202467,32364,6762,6473.9%
May 202466,50964,2582,2513.4%
Apr 202466,38664,3202,0663.1%
Mar 202466,45464,2922,1623.3%
Feb 202466,16663,9792,1873.3%
Jan 202466,23163,8862,3453.5%
Dec 202364,78062,6912,0893.2%
Nov 202365,05062,7732,2773.5%
Oct 202365,56163,2012,3603.6%
Sep 202365,80063,4932,3073.5%
Aug 202365,59663,2702,3263.5%

Annual averages

YearLabor forceEmployedUnemployedRate
202566,93764,0402,8974.3%
202466,71064,3062,4043.6%
202364,84562,7522,0933.2%
202261,19359,2371,9563.2%
202158,47855,7842,6944.6%
202056,46952,3594,1107.3%
201956,40254,4861,9163.4%
201854,78252,7632,0193.7%
201753,23050,8012,4294.6%
201652,30149,4752,8265.4%
201549,32846,1973,1316.3%
201449,51545,6923,8237.7%
201349,72945,2254,5049.1%
201250,42445,2965,12810.2%
201150,47845,1505,32810.6%

Sales and visitor spending

12 months to Mar 2026
BusinessFlare® estimate, last 12 months$1,486.3M

Monthly series, visitor, resident and big ticket groups, chart and workbook with the pass. Get the pass / Sign in

Pass holders: once signed in on the pass page, the monthly estimate loads here.

Economic Census geographic area series, retail trade and accommodation and food services, 2017 and 2022, retrieved 2026-10-01; BusinessFlare® city-level sales and visitor spending estimate (method and error; the figures are Street Economics Pass data), retrieved 2026-10-04 | How the estimate is made

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BusinessFlare® estimate from public sources. The estimate anchors on the sales the US Census Bureau published for this place in the 2017 and 2022 Economic Census, for retail trade and for accommodation and food services, and moves them month by month with the county's sales tax returns by kind of business (Florida Department of Revenue Form 10). After the 2022 anchor the place's share of the county moves with the growth of its commercial property on the Department's 2026 tax roll, as submitted by the county property appraiser, by use code: stores, shopping centers, supermarkets and auto dealers for retail; restaurants, bars and hotels for accommodation and food. The three spending groups follow the county's kind code mix within each sector. Every place with both anchors was carried from 2017 to 2022 the same way and the landing on the 2022 Census figure is the published error.

A landing error over 25% carries a wide error flag. The error is published with every figure; an estimate is never shown without it. Rounded to the nearest hundred thousand dollars; the monthly series is pass data.

Statewide median error, 2017 to 2022 back-test15.7%2017 to 2022
Retail trade (NAICS 44-45): Census sales 2017$950M2017
Retail trade (NAICS 44-45): Census sales 2022$1.28B2022
Retail trade (NAICS 44-45): 2022 landing error1.7%2022
Accommodation and food services (NAICS 72): Census sales 2017$110M2017
Accommodation and food services (NAICS 72): Census sales 2022$164M2022
Accommodation and food services (NAICS 72): 2022 landing error0.2%2022

Economic Census anchors and the back-test

SectorCensus sales 2017Census sales 20222017 carried to 2022Landing error
Retail trade (NAICS 44-45)$950M$1.28B$1.3B1.7%
Accommodation and food services (NAICS 72)$110M$164M$164M0.2%

Business base

Aug 2026
Licensed food service, lodging and alcohol businesses484New licenses by month, Sep 2016 to Aug 2026Sep 20167 highAug 2026
Food service licenses213Aug 2026
Lodging licenses118Aug 2026
Alcoholic beverage licenses153Aug 2026
New licenses, last 12 months45Aug 2026
New business filings, last 12 months (postal city)2,868Sep 2026
Change on the 12 months before+16.4%Sep 2026
New filings, latest month200Sep 2026

County Business Patterns and ZIP Code Business Patterns, complete data files, retrieved 2026-10-01; Florida DBPR active licensure base files: public food service, public lodging and retail alcoholic beverage licenses, retrieved 2026-10-01; Florida Division of Corporations (Sunbiz) bulk corporate data files, new entity filings by month, retrieved 2026-10-01 | Licenses Business formations

Licenses are placed inside the city limits by their geocoded address.

Business formations are by postal city: Palm Bay, which is not the city limits.

Establishments, employment and payroll are a ZIP code basis: ZIP codes 32905, 32907, 32908.

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Establishments (ZIP basis)1,3452023
Employees, mid March (ZIP basis)16,2622023
Annual payroll (ZIP basis)$874M2023

Licenses by type

Counted licenses in DBPR's food service, lodging and alcoholic beverage files, placed by geocoded address.

License typeFileActive
2010-SEATfood135
2APSalcohol72
2003-NAPTlodging52
2007-DWEL-SNGLlodging52
2014-MFDVfood46
2COPalcohol31
2010-NOSTfood19
4COP-SFSalcohol17
3PSalcohol13
4COPalcohol8
11Calcohol7
2014-HTDGfood7
2013-CATRfood5
2001-HOTLlodging5
1APSalcohol3
2007-DWEL-CLCTlodging3
2003-TAPTlodging2
2006-CNDO-SNGLlodging2
13CTalcohol1
4COP-Salcohol1
2015-VENDfood1
2006-CNDO-CLCTlodging1
2007-DWEL-GRPlodging1

Filings by entity type, last 12 months

Sunbiz new entity filings by the ZIP code of the principal address, grouped to the USPS postal city (postal city: Palm Bay)

Entity typeLast 12 months12 months before
Florida limited liability companies2,5902,173
Florida profit corporations186207
Florida non-profit corporations7972
Out of state entities registering in Florida128
Partnerships, trusts and other filings13

ZIP Code Business Patterns, 2023

ZIP codes 32905, 32907, 32908: the ZIP codes whose Census internal point falls inside the city limits. A ZIP code crosses the limits, so this is a ZIP basis, not the city.

ZIP codeEstablishmentsEmployeesAnnual payroll
329056519,869$611M
329075806,010$249M
32908114383$13.5M

Building permits

Aug 2026
Housing units permitted, last 12 months2,464Housing units permitted by month, Sep 2016 to Aug 2026Sep 2016593 highAug 2026
Change on the 12 months before-15.0%Aug 2026
Permit valuation, last 12 months$856MAug 2026
Units, latest month187Aug 2026
Single family units, last 12 months2,201Aug 2026
Units in buildings of 5 or more, last 12 months263Aug 2026
Units, latest annual table2,4552025

US Census Bureau, Building Permits Survey, place and county residential permits, retrieved 2026-10-01 | Building permits

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Monthly, last three years

Residential permits as the Bureau publishes them; imputed months are the Bureau's imputations.

MonthUnits1 unit5 or moreValuation
Aug 20261871870$68.1M
Jul 20262242240$86M
Jun 20262852850$108M
May 20261811810$71.8M
Apr 20262102100$80.2M
Mar 20262242240$82M
Feb 20261341340$46.1M
Jan 20261341340$47.1M
Dec 2025415152263$104M
Nov 20251371370$43.4M
Oct 20251881880$65.1M
Sep 20251451450$54.4M
Aug 202517414232$55.2M
Jul 202525616096$61.5M
Jun 20251811810$66.8M
May 20251271270$43.4M
Apr 20251711710$62.1M
Mar 20251571570$57M
Feb 20251681680$60.1M
Jan 2025336180156$72.7M
Dec 20241931930$66.8M
Nov 202428021664$90.6M
Oct 2024593237350$163M
Sep 20242622620$95.8M
Aug 20241961960$69M
Jul 20242172170$75.3M
Jun 202422118932$75.7M
May 20242092090$72.3M
Apr 20242302300$81.1M
Mar 202417816216$59.4M
Feb 20241351350$46.7M
Jan 2024348156192$58.2M
Dec 20231941940$193M
Nov 20231601600$57M
Oct 20231901900$66.5M
Sep 20232622620$91.4M

Annual table

YearUnits1 unit5 or moreValuation
20252,4551,908547$746M
20243,0622,402654$954M
20232,7162,7160$1.06B
20222,5232,255252$750M
20212,4862,4860$674M
20201,2781,2780$334M
20197827820$202M
20186896890$159M
20175645640$136M
20164294290$104M
20153233230$77.7M
20141621620$36.1M
20131571570$36.5M
20121341340$33.4M
20111251250$30.1M

Property roll

2026 preliminary
Total just value$17.2B
Total taxable value (non school)$10.1B2026 preliminary
Total taxable value (school)$11.5B2026 preliminary
Just value, change on the prior roll+2.5%2025 final roll to 2026 preliminary
Taxable value (non school), change on the prior roll+6.7%2025 final roll to 2026 preliminary
Total just value, prior roll$16.7B2025 final roll
New construction value$513M2026 preliminary
Parcels80,9552026 preliminary

Florida Department of Revenue, NAL tax roll, 2026 preliminary and final as posted, retrieved 2026-10-03

Parcels are placed by Census block group through the Census Bureau's block assignment file; a parcel in a block group that straddles the limits is apportioned. Census 2020 block groups; 76% of the county's just value lies in a place. Medians are over the parcels whose block group lies mostly in the place. Qualified sales: the roll's own sale fields, qualification codes 01 and 02, improved, single parcel.

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Median single family just value$248K2026 preliminary
Qualified sales, last 12 months3,040Jun 2025 to May 2026
Median qualified sale price$310KJun 2025 to May 2026
Just value, residential$14.2B2026 preliminary
Just value, commercial$695M2026 preliminary
Just value, industrial$430M2026 preliminary
Just value, agricultural$56.1M2026 preliminary
Just value, vacant$791M2026 preliminary
Just value, institutional$335M2026 preliminary
Just value, government$597M2026 preliminary
Just value, other$34.7M2026 preliminary

Just value by use group

Department of Revenue land use codes grouped: residential 001 to 009, commercial 011 to 039, industrial 041 to 049, agricultural 050 to 069, vacant 000, 010, 040 and 070, institutional 071 to 079, government 080 to 089, other 090 to 099. Taxable is the non school taxable value. Just value change compares with the 2025 final roll, summed the same way.

Use groupParcelsJust valueTaxable (non school)New constructionResidential unitsJust value change
Residential55,167$14.2B$8.47B$464M60,365+1.5%
Commercial659$695M$661M$12.9Mn/a+5.9%
Industrial176$430M$410M$26Mn/a+16.3%
Agricultural87$56.1M$12.4M$462Kn/a+20.5%
Vacant23,501$791M$468M$7.1Mn/a-4.8%
Institutional110$335M$71.4M$2.27Mn/a+19.8%
Government1,105$597M$145K$255Kn/a+15.1%
Other151$34.7M$29.6M$351Kn/a+24.5%

Housing

2020 to 2024 ACS
Housing units52,978Homeownership rate, 1990 to 2024199080.0% high2024
Occupied units45,8502020 to 2024 ACS
Vacant units4,2972020 to 2024 ACS
Owner occupied households38,8842024 1-Year
Renter occupied households9,5392024 1-Year
Homeownership rate80.3%2020 to 2024 ACS
Cost burdened households, all tenures (over 30% of income)27.6%2025
Cost burdened renter households51.0%2025

Shimberg Center for Housing Studies, Florida Housing Data Clearinghouse, retrieved 2026-10-01 | Housing data

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Severely cost burdened renters (over 50%)29.0%2025
Assisted housing developments5Assisted Housing Inventory
Assisted units476Assisted Housing Inventory
Median gross rent$1.74K2020 to 2024 ACS
Median single family sale price$332K2024

Cost burden by income, 2025

Households by the share of income spent on housing, Shimberg Center estimates for 2025.

TenureIncome (share of area median)30% or less30.1 to 50%Over 50%
All households30% AMI or less1,3206273,922
All households30.01-50% AMI2,3191,7943,291
All households50.01-80% AMI7,8754,049680
All households80.01-120% AMI7,3599510
All householdsGreater than 120% AMI22,63344979
Renters30% AMI or less2791802,090
Renters30.01-50% AMI2386891,771
Renters50.01-80% AMI1,2541,853131
Renters80.01-120% AMI1,8042300
RentersGreater than 120% AMI3,28712366
Owners30% AMI or less1,0414471,832
Owners30.01-50% AMI2,0811,1051,520
Owners50.01-80% AMI6,6212,196549
Owners80.01-120% AMI5,5557210
OwnersGreater than 120% AMI19,34632613

Single family sales by year

YearMedian priceSales
1996$66.9K1,298
1997$68.3K1,363
1998$70K1,367
1999$72.5K1,693
2000$74.9K1,618
2001$79.3K1,952
2002$86K2,398
2003$101K3,163
2004$129K3,378
2005$182K3,048
2006$198K3,617
2007$175K1,900
2008$150K963
2009$112K899
2010$90K1,037
2011$80K1,206
2012$82.2K1,406
2013$105K1,532
2014$115K1,617
2015$132K1,950

Assisted housing developments

Shimberg Center Assisted Housing Inventory.

DevelopmentAddressCityUnitsAssisted
Park at Palm Bay90 San FilippoPalm Bay234234
Southlake Towers5501 Pinewood Drive NEPalm Bay8585
Malabar Cove I154 Daffodil Drive SWPalm Bay7676
Malabar Cove II165 Daffodil Drive SWPalm Bay7250
Space Coast Commons1981 Convair StreetPalm Bay3131

Fiscal

Sep 2026
Half-cent sales tax, latest month$761KHalf-cent sales tax distributions by month, Oct 2016 to Sep 2026Oct 2016$870K highSep 2026
Half-cent sales tax, fiscal year to date$9.02MFY2026 to Sep 2026
Half-cent sales tax, last 12 months$9.02MSep 2026
Half-cent sales tax, change on the 12 months before-2.9%Sep 2026
State revenue sharing, latest month$569KSep 2026
State revenue sharing, fiscal year to date$6.76MFY2026 to Sep 2026
State revenue sharing, last 12 months$6.76MSep 2026
State revenue sharing, change on the 12 months before+4.9%Sep 2026

Florida Office of Economic and Demographic Research, Expenditures and Revenues Reported by Florida's County and Municipal Governments, retrieved 2026-10-01; Florida Department of Revenue, Revenue Confirmation Online, distributions to local governments, retrieved 2026-10-01; Florida Department of Financial Services, LOGERx local government Annual Financial Report data, long-term debt outstanding, retrieved 2026-10-04 | Distributions Annual financial report

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Total revenues$379MFY2024
Revenues, change on the year before-13.5%FY2024
Total expenditures$291MFY2024
Expenditures, change on the year before-13.5%FY2024
Revenues per resident$2.7KFY2024
Long-term debt outstanding at year end$223MFY2024
Long-term debt, change on the year before-12.4%FY2024

Half-cent sales tax, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$761K
Aug 2026$765K
Jul 2026$737K
Jun 2026$755K
May 2026$850K
Apr 2026$715K
Mar 2026$736K
Feb 2026$849K
Jan 2026$710K
Dec 2025$717K
Nov 2025$735K
Oct 2025$688K
Sep 2025$807K
Aug 2025$787K
Jul 2025$792K
Jun 2025$817K
May 2025$870K
Apr 2025$781K
Mar 2025$703K
Feb 2025$834K
Jan 2025$757K
Dec 2024$722K
Nov 2024$704K
Oct 2024$715K
Sep 2024$714K
Aug 2024$749K
Jul 2024$748K
Jun 2024$781K
May 2024$840K
Apr 2024$757K
Mar 2024$712K
Feb 2024$822K
Jan 2024$730K
Dec 2023$718K
Nov 2023$740K
Oct 2023$720K

State revenue sharing, monthly distributions

As the Department of Revenue's ledger prints them; a blank month is a month with no line.

MonthDistributed
Sep 2026$569K
Aug 2026$569K
Jul 2026$569K
Jun 2026$548K
May 2026$548K
Apr 2026$548K
Mar 2026$548K
Feb 2026$548K
Jan 2026$548K
Dec 2025$588K
Nov 2025$588K
Oct 2025$588K
Sep 2025$606K
Aug 2025$606K
Jul 2025$606K
Jun 2025$502K
May 2025$502K
Apr 2025$502K
Mar 2025$502K
Feb 2025$502K
Jan 2025$502K
Dec 2024$502K
Nov 2024$556K
Oct 2024$556K
Sep 2024$556K
Aug 2024$556K
Jul 2024$556K
Jun 2024$546K
May 2024$546K
Apr 2024$546K
Mar 2024$546K
Feb 2024$546K
Jan 2024$546K
Dec 2023$546K
Nov 2023$546K
Oct 2023$546K

Long-term debt by fiscal year

Total long-term debt outstanding at fiscal year end, all funds, as the government reported it to the Department of Financial Services in its Annual Financial Report.

Fiscal yearDebt outstandingChange
FY2024$223M-12.4%
FY2023$255M+22.8%
FY2022$207M-2.9%
FY2021$213M+31.4%
FY2020$162M-1.7%
FY2019$165M+32.3%
FY2018$125M+3.2%
FY2017$121M-8.2%
FY2016$132M-7.0%
FY2015$142M-2.4%
FY2014$145M+5.6%
FY2013$138Mn/a

Revenues by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Taxes$82.8M$76.2M+8.7%
Permits, Fees, and Special Assessments$40.4M$39.3M+2.9%
Intergovernmental Revenues$26.2M$23.4M+12.2%
Charges for Services$106M$101M+5.4%
Judgments, Fines, and Forfeits$621K$455K+36.5%
Miscellaneous Revenues$71.8M$40.6M+77.0%
Other Sources$51.3M$158M-67.5%
Taxesn/an/an/a
Intergovernmental Revenuen/an/an/a
Permits and Franchise Feesn/an/an/a

Expenditures by category, FY2024

Sum of the fund columns in EDR's workbook for this government.

CategoryFY2024FY2023Change
General Government Services (Not Court-Related)$89M$75.1M+18.5%
Public Safety$63.3M$53M+19.3%
Physical Environment$47.9M$42.7M+12.1%
Transportation$44.2M$59.4M-25.6%
Economic Environment$8.94M$7.88M+13.4%
Culture / Recreation$7.16M$5.05M+41.7%
Other Uses and Non-Operating$30.8M$93.4M-67.1%
Other Usesn/an/an/a

Bank deposits

June 30, 2026
Deposits (offices reporting this city)$1.13BDeposits, June 30 each year, 1994 to 20261994$1.17B high2026
Change on a year earlier+0.6%June 30, 2026
Change, real-2.5%June 30, 2026
Branches10June 30, 2026
Institutions6June 30, 2026
Branches opened since the survey a year earlier0June 30, 2026
Branches closed since the survey a year earlier0June 30, 2026

FDIC Summary of Deposits, Florida offices, every June 30 since 1994, retrieved 2026-10-01 | Bank deposits

Offices whose reported city is Palm Bay.

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Offices, June 30, 2026

Deposits as each office reports them to the FDIC; the city is the one the bank reports, not a municipal boundary.

InstitutionBranchAddressCityDeposits
Bank of America, National AssociationPalm Bay Branch4710 Babcock St NePalm Bay$202M
TD Bank, National AssociationMalabar Road Branch1159 Malabar Rd NePalm Bay$183M
Wells Fargo Bank, National AssociationPalm Bay Branch2200 Harris Ave NePalm Bay$138M
JPMorgan Chase Bank, National AssociationBayside Lakes Branch3450 Bayside Lakes Blvd Se Ste 11Palm Bay$125M
Bank of America, National AssociationMalabar Branch1151 Malabar Rd NePalm Bay$113M
PNC Bank, National AssociationPalm Bay Branch5295 Babcock St NePalm Bay$99.5M
TD Bank, National AssociationBabcock Street Branch4625 Babcock St NePalm Bay$83.1M
Truist BankPalm Bay Branch1725 Palm Bay Rd NePalm Bay$80.9M
PNC Bank, National AssociationPalm Bay West Branch122 Malabar Rd SwPalm Bay$57.2M
Truist BankPalm Bay South Branch6000 Babcock St SePalm Bay$49.1M

Sources on this page

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Downloads

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The PDF carries the same figures and source lines as this page. The workbook has one sheet per card. The JSON is the place file every page, export and feed reads, at a stable public path: /data/localflare/places/1254000.json. The index of every place is at /data/localflare/index.json.