Department of Numbers

Palm Bay-Melbourne-Titusville Florida Household Income

The Census ACS 1-year survey reports that the median household income for the Palm Bay-Melbourne-Titusville Florida metro area was $51,184 in 2016, the latest figures available. Palm Bay median household income is $324 higher than the median Florida household income and $6,433 less than the US median household income. 2017 metro income data (including Palm Bay median household income) will be released in September of 2018. Median family and per capita income for Palm Bay-Melbourne-Titusville are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Palm Bay Florida

2016 1 Year Change 3 Year Change
US $57,617 +2.01% +7.02%
Florida $50,860 +1.62% +7.22%
Palm Bay $51,184 +0.26% +6.89%

Trends in Palm Bay, FL Real Median Household Income since 2005

The current median household income for Palm bay is $51,184. Real median household income peaked in 2007 at $58,289 and is now $7,105 (12.19%) lower. From a post peak low of $47,885 in 2013, real median household income for Palm bay has now grown by $3,299 (6.89%).

Real Median Household Income: Palm Bay, Florida, National

Historical Inflation Adjusted Median Household Income for Palm Bay

Date US Florida Palm Bay
2016 $57,617 $50,860 $51,184
2015 $56,480 $50,050 $51,053
2014 $54,398 $48,118 $48,569
2013 $53,838 $47,436 $47,885
2012 $53,701 $47,083 $48,256
2011 $53,879 $47,261 $49,534
2010 $55,093 $48,887 $50,927
2009 $56,180 $50,044 $50,777
2008 $58,000 $53,261 $55,082
2007 $58,736 $55,337 $58,289
2006 $57,677 $54,158 $55,158
2005 $56,832 $52,150 $53,193

Palm Bay Family Income

The ACS 1-year data shows the median family income for Palm Bay was $62,029 in 2016. Compared to the median Florida family income, Palm Bay median family income is $740 higher. As with the median household income data, 2017 family income data for Palm Bay will be released in September of 2018.

Show dollars as: Nominal Real

Real Median Family Income for Palm Bay Florida

2016 1 Year Change 3 Year Change
US $71,062 +2.81% +7.71%
Florida $61,289 +2.00% +6.65%
Palm Bay $62,029 -0.33% +5.90%

Trends in Palm Bay, FL Real Median Family Income since 2005

The current median family income for Palm bay is $62,029. Real median family income peaked in 2007 at $70,047 and is now $8,018 (11.45%) lower. From a post peak low of $58,573 in 2013, real median family income for Palm bay has now grown by $3,456 (5.90%).

Real Median Family Income: Palm Bay, Florida, National

Historical Inflation Adjusted Median Family Income for Palm Bay

Date US Florida Palm Bay
2016 $71,062 $61,289 $62,029
2015 $69,122 $60,089 $62,235
2014 $66,820 $58,002 $60,661
2013 $65,977 $57,470 $58,573
2012 $65,363 $57,262 $61,520
2011 $65,564 $57,566 $62,286
2010 $66,721 $58,447 $64,016
2009 $68,329 $59,858 $61,569
2008 $70,638 $64,049 $67,711
2007 $70,813 $65,943 $70,047
2006 $69,670 $64,812 $69,939
2005 $68,618 $62,022 $64,680

Palm Bay Per Capita Income

The ACS 1-year survey shows the per capita income for Palm Bay was $29,079 in 2016. Compared to the median Florida per capita income, Palm Bay median per capita income is $458 higher. As with the median household and median family income numbers above, 2017 per capita income data for Palm Bay will be released in September of 2018.

Show dollars as: Nominal Real

Real Per Capita Income for Palm Bay Florida

2016 1 Year Change 3 Year Change
US $31,128 +2.54% +7.19%
Florida $28,621 +2.05% +7.52%
Palm Bay $29,079 +1.17% +10.17%

Trends in Palm Bay, FL Real Per Capita Income since 2005

The current per capita income for Palm bay is $29,079. Real per capita income peaked in 2007 at $32,596 and is now $3,517 (10.79%) lower. From a post peak low of $26,394 in 2013, real per capita income for Palm bay has now grown by $2,685 (10.17%).

Real Per Capita Income: Palm Bay, Florida, National

Historical Real Per Capita Income for Palm Bay

Date US Florida Palm Bay
2016 $31,128 $28,621 $29,079
2015 $30,358 $28,047 $28,743
2014 $29,288 $26,949 $28,232
2013 $29,041 $26,619 $26,394
2012 $28,558 $26,581 $27,321
2011 $28,494 $26,570 $27,803
2010 $28,687 $26,720 $28,646
2009 $29,542 $27,622 $28,641
2008 $30,755 $29,758 $29,694
2007 $30,894 $30,903 $32,596
2006 $30,078 $30,114 $30,505
2005 $30,768 $30,247 $30,549