Palm Bay, FL — Momentum Score, Home Values & Best-For

All states·Florida·Palm Bay

Why look at Palm Bay?

  • Moderately priced housing. Median home is $304k.
  • Stable market. Home values -3.5% year-over-year — neither overheated nor falling.
  • No state income tax. Higher take-home pay than equivalent salary in a high-tax state.
Palm Bay, FL
Image: Wikipedia · Palm Bay, Florida
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59
Stable
Momentum score · 0–100

Where Palm Bay stands

Home values down 3.5% in the last year. population growing 4.4% per year.

Median home $304,173
1-year -3.5%
5-yr growth +4.9%
vs 5-yr peak -8.3%
Population +4.4%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-09$304k$134k$204k$275k$345k201620182020202220242026

Lifestyle scores

🚶
Walkability
30/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
100/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,875/mo$1,355$1,671$1,987202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent127130100120140202220242026

Rent vs buy

Price-to-rent ratio: 13.5
Buy

At a 13.5 price-to-rent ratio, buying generally beats renting in Palm Bay on a long-enough horizon. The headline math is that one year of mortgage payments approximates 13.5 years of rent — well below the 15+ threshold where ownership starts to dominate.

How the momentum score breaks down

methodology →
Home YoY
33 · w22%
Home 5-yr growth
64 · w22%
Distance from peak
50 · w18%
Population growth
90 · w16%
Rent YoY
48 · w12%
Home 10-yr growth
80 · w10%

About Palm Bay (Wikipedia)

Palm Bay is a city in Brevard County, Florida, United States. The city's population was 119,760 at the 2020 United States census, up from 103,190 at the 2010 census, making it the most populous city in the county and the largest by land mass. The historic section of the city lies on the mouth of the Turkey Creek and the Palm Bay. Palm Bay has historically expanded south and to the west. The newer section is mostly situated west of Interstate 95 and south of the Tillman Canal.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

Area89.60 sq mi
Elevation23 ft
Density1385.82/sq mi

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Things to see in Palm Bay(Tourism)

  • Tough Mudder

Extracted from the Wikipedia article. Names linked in the source — open the city’s Wikipedia page for details.

Local safety & alerts

No active National Weather Service alerts for Brevard County right now.

Public-safety links are official .gov sources, not curated by us. Brevard County routes NWS alerts; check the state EM portal for non-weather emergencies.

Florida context

Schools

20 public schools15,450 students16.6:1 student-teacher

Palm Bay is served by 20 public schools enrolling about 15,450 students, with a student-teacher ratio of 16.6:1 — about the same as the US average of ~15:1. Public-school facts are from the NCES Common Core of Data; check ratings and attendance boundaries by exact address below.

Ratings, districts & boundaries:

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
70° / 51°
avg high / low
Summer (Jul)
90° / 73°
avg high / low
Sunny days/yr
233
~64% of year
Annual precip
54″ rain
0″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very high
Tornado
Moderate
Wildfire
Low
Earthquake
Very low
Flood
Very high

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Palm Bay listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-28 from Google News + Reddit RSS. Filtered for Palm Bay-specific coverage. Headlines link to original sources.

Local sports teams

Major professional teams the Palm Bay-Melbourne-Titusville area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
76%
Very humid climate
Median household income
$67,900
Florida state median
Top industries (state-level)
TourismHealthcareConstruction

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Find more cities like Palm Bay

Open the matchmaker pre-filled to match Palm Bay’s price band, region, and size — refine to taste.

Find more like Palm Bay →

Cities similar to Palm Bay

Explore other places with comparable momentum or affordability.

See all Florida cities →    Browse best-of lists →

Cost-of-ownership at the median

Tax burden
no state income tax
~25% all-in for a $150k earner
Property tax / yr
$3k
0.83% × median home $304k
Climate / hazard
limited data
Plan for the local hazard profile.

Snapshot assumes a $150k single earner buying at the median home. Your real numbers depend on bracket, deductions, school district, and HOA. Use the affordability calculator and net-pay calculator for your specific case.

Schools & crime context

Schools

School quality is district-by-district and varies dramatically within a city. Check GreatSchools or your state DOE rankings for specific schools before deciding. City-level school data coming soon.

Crime

Florida: 259 violent crimes per 100K residents (state avg, FBI UCR). Neighborhood-level rates can vary 10× within one city — research specific areas via CrimeGrade or local police data.

Compare to where you live now

Set your current city once and we’ll show the cost delta on every city profile.

Jobs & hiring

In Palm Bay, unemployment runs higher at 6.1%, and hiring momentum has been modest. The strongest local sectors are tech, skilled trades & manufacturing and hospitality & tourism.

6.1% unemployment49/100 hiring momentum$72,614 median household income38/100 remote-work fit

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