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 $52,540 in 2017, the latest figures available. Palm Bay median household income is $54 lower than the median Florida household income and $7,796 less than the US median household income. 2018 metro income data (including Palm Bay median household income) will be released in September of 2019. 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

2017 1 Year Change 3 Year Change
US $60,336 +2.51% +8.49%
Florida $52,594 +1.23% +6.91%
Palm Bay $52,540 +0.49% +5.81%

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

The current median household income for Palm bay is $52,540. Real median household income peaked in 2007 at $59,677 and is now $7,137 (11.96%) lower. From a post peak low of $48,982 in 2013, real median household income for Palm bay has now grown by $3,558 (7.26%).

Real Median Household Income: Palm Bay, Florida, National

Historical Inflation Adjusted Median Household Income for Palm Bay

Date US Florida Palm Bay
2017 $60,336 $52,594 $52,540
2016 $58,856 $51,954 $52,285
2015 $57,709 $51,140 $52,164
2014 $55,613 $49,193 $49,653
2013 $55,072 $48,522 $48,982
2012 $54,948 $48,176 $49,376
2011 $55,162 $48,387 $50,713
2010 $56,388 $50,036 $52,124
2009 $57,519 $51,237 $51,987
2008 $59,382 $54,530 $56,394
2007 $60,135 $56,655 $59,677
2006 $59,051 $55,448 $56,472

Palm Bay Family Income

The ACS 1-year data shows the median family income for Palm Bay was $65,184 in 2017. Compared to the median Florida family income, Palm Bay median family income is $1,181 higher. As with the median household income data, 2018 family income data for Palm Bay will be released in September of 2019.

Show dollars as: Nominal Real

Real Median Family Income for Palm Bay Florida

2017 1 Year Change 3 Year Change
US $73,891 +1.79% +8.17%
Florida $64,003 +2.23% +7.93%
Palm Bay $65,184 +2.87% +5.11%

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

The current median family income for Palm bay is $65,184. Real median family income peaked in 2007 at $71,715 and is now $6,531 (9.11%) lower. From a post peak low of $59,915 in 2013, real median family income for Palm bay has now grown by $5,269 (8.79%).

Real Median Family Income: Palm Bay, Florida, National

Historical Inflation Adjusted Median Family Income for Palm Bay

Date US Florida Palm Bay
2017 $73,891 $64,003 $65,184
2016 $72,591 $62,607 $63,363
2015 $70,627 $61,397 $63,590
2014 $68,313 $59,298 $62,016
2013 $67,488 $58,786 $59,915
2012 $66,880 $58,591 $62,948
2011 $67,126 $58,937 $63,770
2010 $68,289 $59,821 $65,521
2009 $69,958 $61,284 $63,037
2008 $72,321 $65,575 $69,324
2007 $72,500 $67,514 $71,715
2006 $71,330 $66,356 $71,605

Palm Bay Per Capita Income

The ACS 1-year survey shows the per capita income for Palm Bay was $30,495 in 2017. Compared to the median Florida per capita income, Palm Bay median per capita income is $657 higher. As with the median household and median family income numbers above, 2018 per capita income data for Palm Bay will be released in September of 2019.

Show dollars as: Nominal Real

Real Per Capita Income for Palm Bay Florida

2017 1 Year Change 3 Year Change
US $32,397 +1.88% +8.20%
Florida $29,838 +2.06% +8.30%
Palm Bay $30,495 +2.66% +5.66%

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

The current per capita income for Palm bay is $30,495. Real per capita income peaked in 2007 at $33,373 and is now $2,878 (8.62%) lower. From a post peak low of $26,998 in 2013, real per capita income for Palm bay has now grown by $3,497 (12.95%).

Real Per Capita Income: Palm Bay, Florida, National

Historical Real Per Capita Income for Palm Bay

Date US Florida Palm Bay
2017 $32,397 $29,838 $30,495
2016 $31,798 $29,237 $29,705
2015 $31,019 $28,658 $29,368
2014 $29,942 $27,551 $28,862
2013 $29,706 $27,229 $26,998
2012 $29,221 $27,198 $27,956
2011 $29,173 $27,203 $28,465
2010 $29,361 $27,348 $29,319
2009 $30,246 $28,280 $29,323
2008 $31,488 $30,466 $30,401
2007 $31,629 $31,639 $33,373
2006 $30,795 $30,831 $31,232