How many renters in Palm Bay, FL pay more than 30% of their income on rent?
59.5% (±5.8 points) of renting households in Palm Bay, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
52.5% spend 35% or more.
The median renting household spends 37.6% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 59.5% (±5.8 points)
- Paying 35% or more
- 52.5% (±5.4 points)
- Median share of income
- 37.6% (±5.3 points)
Rent as a share of income in Palm Bay
| Share of income spent on rent | Palm Bay | Brevard County | Florida | United States |
|---|---|---|---|---|
| Less than 15% | 9.4% (±3.0 points) | 9.7% | 8.1% | 12.6% |
| 15% to 19.9% | 8.9% (±2.7 points) | 10.9% | 9.3% | 12.2% |
| 20% to 24.9% | 11.5% (±2.9 points) | 12.2% | 11.3% | 12.6% |
| 25% to 29.9% | 10.7% (±3.5 points) | 11.5% | 11.3% | 11.5% |
| 30% to 34.9% | 7.0% (±2.2 points) | 8.6% | 9.8% | 9.2% |
| 35% or more | 52.5% (±5.4 points) | 47.2% | 50.2% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Palm Bay against Brevard County, its state and the nation
| Palm Bay | Brevard County | Florida | United States | |
|---|---|---|---|---|
| Paying 30% or more | 59.5% (±5.8 points) | 55.8% (±2.3 points) | 60.0% (±0.4 points) | 51.1% |
| Paying 35% or more | 52.5% (±5.4 points) | 47.2% (±2.1 points) | 50.2% (±0.4 points) | 41.9% |
| Median share of income | 37.6% (±5.3 points) | 33.3% (±1.3 points) | 35.2% (±0.3 points) | 30.6% |
| Median renter household income | $50,990 (±$4,292) | $52,625 (±$1,865) | $53,617 (±$353) | $52,966 |
| Median gross rent | $1,601 (±$71) | $1,556 (±$27) | $1,669 (±$5) | $1,413 |
In Palm Bay, the share of renters paying 30% or more of income is not measurably different from Brevard County (55.8%).
It is not measurably different from Florida (60.0%).
It is higher than the national figure (51.1%).
In Brevard County, Palm Bay ranks 13 of 29 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 405 of 843.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Palm Bay
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Palm Bay | — | 59.5% (±5.8 points) | — |
| Malabar | 5.5 mi | 0.0% (±141.4 points) | Not measurably different |
| Grant-Valkaria | 6.2 mi | 100.0% (±111.2 points) | Not measurably different |
| West Melbourne | 6.6 mi | 45.8% (±10.4 points) | Lower |
| June Park | 8.2 mi | 65.9% (±38.6 points) | Not measurably different |
| Melbourne Village | 9.2 mi | 64.5% (±41.1 points) | Not measurably different |
| Melbourne Beach | 10 mi | 73.7% (±50.7 points) | Not measurably different |
| Melbourne | 11 mi | 56.1% (±4.0 points) | Not measurably different |
| Indialantic | 11 mi | 76.1% (±20.5 points) | Not measurably different |
Nearby places with a measurably lower figure: West Melbourne, FL (45.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Brevard County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 7 | South Patrick Shores | 64.9% (±26.0 points) |
| 8 | North Merritt Island | 64.6% (±27.2 points) |
| 9 | Melbourne Village | 64.5% (±41.1 points) |
| 10 | Indian Harbour Beach | 62.5% (±20.7 points) |
| 11 | Cocoa | 61.5% (±10.6 points) |
| 12 | Tropical Park | 59.7% (±19.6 points) |
| 13 | Palm Bay | 59.5% (±5.8 points) |
| 14 | Titusville | 59.0% (±8.1 points) |
| 15 | Patrick AFB | 58.0% (±12.1 points) |
| 16 | Cocoa Beach | 56.2% (±12.5 points) |
| 17 | Melbourne | 56.1% (±4.0 points) |
| 18 | Rockledge | 55.4% (±10.1 points) |
| 19 | Merritt Island | 53.3% (±9.8 points) |
Showing 13 of 29 places in Brevard County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Palm Bay
Are renters in Palm Bay rent-burdened?
59.5% of renting households in Palm Bay pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Palm Bay spend on rent?
The median renting household in Palm Bay, FL spends 37.6% (±5.3 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palm Bay city, Florida
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Palm Bay city, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Palm Bay city, Florida
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Palm Bay city, Florida (place:54000, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Housing across Brevard County
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- Housing data for every place in Florida