Palm Bay, Florida Population 2026
Updated April 2026 · US Census ACS 2023 5-Year Estimates
The population of Palm Bay, Florida is 125,273 as of the 2023 American Community Survey, making it the 17th-largest city in Florida. The median household income is $67,521, the median home value is $248,000, and the median age is 41.3.
The population has grown 36.4% since 2010 (104,138 → 142,023).
125,273
Population
1445
People / sq mi
$67,521
Median Income
$248,000
Median Home Value
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Palm Bay covers 86.7 sq mi of land at 1445 people per square mile.
About Palm Bay, FL
Palm Bay is distinguished by its share of foreign-born residents, 45.4% of the population. With 125,273 residents, Palm Bay is a city in Florida. It ranks #17 among cities in Florida by population.
The typical household here earns about $67,521, below the US median of $78,538. The poverty rate is 8.2%, below the national 12.4%. Median home value is $248,000, with typical rent around $1,487.
Degree attainment is on the lower side for US cities: 22.6% of adults hold a bachelor’s degree, below the national 35.0%. Around 9.4% of workers work from home, below the national 14.0%, and the average commute runs about 28 minutes each way.
The large foreign-born share is a defining thread in Palm Bay, shaping language, household composition, and the labor force behind the economic figures above.
Palm Bay city Population History (2010-2024)
The city of Palm Bay city had a population of 104,138 in 2010 and 142,023 in 2024, a 36.4% growth over 14 years. The peak was 142,023 in 2024. Average annual growth rate: 2.25%.
142,023
Population (2024)
104,138
Population (2010)
142,023
Peak (2024)
2.25%
Avg Annual Growth
| Year | Population |
|---|---|
| 2010 | 104,138 |
| 2011 | 104,131 |
| 2012 | 104,819 |
| 2013 | 105,329 |
| 2014 | 106,237 |
| 2015 | 108,160 |
| 2016 | 110,289 |
| 2017 | 112,217 |
| 2018 | 113,854 |
| 2019 | 115,552 |
| 2020 | 120,168 |
| 2021 | 122,994 |
| 2022 | 129,405 |
| 2023 | 136,084 |
| 2024 | 142,023 |
Race & Ethnicity
| White | 59.2% |
| Black or African American | 19.3% |
| Asian | 0.0% |
| Hispanic or Latino (any race) | 1.4% |
| Two or More Races | 0.0% |
Economy & Income
$67,521
Median Household Income
$34,474
Per Capita Income
8.2%
Poverty Rate
3.6%
Unemployment Rate
Housing
$248,000
Median Home Value
$1,487
Median Rent
79.4%
Owner-Occupied
Education
90.8%
High School+
22.6%
Bachelor's+
Commute
1.0%
Drive Alone
76.5%
Public Transit
9.4%
Work From Home
27.6 min
Avg Commute
Community Profile
45.4%
Foreign Born
81.6%
Non-English at Home
10.6%
Veterans
16.3%
With Disability
87.9%
Health Insurance
95.3%
Internet Access
Employment by Industry
| Professional, Scientific & Management | 23.6% |
| Finance, Insurance & Real Estate | 12.8% |
| Manufacturing | 12.0% |
| Construction | 9.1% |
| Education, Health Care & Social Services | 7.3% |
| Arts, Entertainment & Food Services | 5.7% |
| Information | 5.4% |
| Retail Trade | 4.6% |
| Public Administration | 3.5% |
| Transportation & Warehousing | 1.3% |
| Agriculture & Mining | 0.3% |
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Frequently Asked Questions
Palm Bay, Florida has a population of 125,273 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 17th-largest city in Florida.
The median household income in Palm Bay, Florida is $67,521, with 8.2% of residents living below the federal poverty level.
The median home value in Palm Bay, Florida is $248,000, with median monthly rent at $1,487 and a homeownership rate of 79.4%.
The median age in Palm Bay, Florida is 41.3 years. The population is 48.8% male and 51.2% female.
The population has grown 36.4% since 2010 (104,138 → 142,023).
Where to stay in Palm Bay
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Data from the American Community Survey (ACS) 5-Year estimates.
Source: U.S. Census Bureau ACS, 2026.