Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

1,590 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,084

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,027

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $186,197
--Home Prepared Food $104,921
--Restaurant/Takeaway Food $81,277
Alcoholic Beverages $13,669
Housing $471,958
--Rent/Mortgage/Upkeep/Taxes $275,971
--Utilities $95,130
--Operations $35,836
--Supplies $17,548
--Furnishings $47,658
Apparel $43,778
--Men & Boys $9,790
--Women & Girls $17,733
--Children < 2 $185
--Footwear $9,236
Transportation $229,237
--New Vehicles $42,855
--Used Vehicles $48,951
--Fuel $49,505
--Insurance $22,905
--Public Transit $19,211
Healthcare $116,743
Entertainment $75,735
--Pets $15,516
--Toys $3,694
Personal Care Products $18,102
Books & Literature $2,586
Education $33,065
Tobacco Products $8,128
Miscellaneous $23,275
Retirement $44,333
Non-health Insurance $171,420
Total Expenditures $1,438,225

Selected Population Data

Period Geography Population
2014 Palm Bay city, Florida 104,342
2015 Palm Bay city, Florida 105,212
2016 Palm Bay city, Florida 106,573
2017 Palm Bay city, Florida 107,802
2018 Palm Bay city, Florida 110,271