Housing & Real Estate — Palm Bay, Florida
Overview
| Total Housing Units | 48,826 |
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| Occupied | 44,432 |
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| Vacant | 4,394 |
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| Owner-Occupied | 35,259 |
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| Renter-Occupied | 9,173 |
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| Median Home Value (Census) | $283,200 |
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| Estimated 2026 | ~$312,000 |
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| Median Rent | $1,487/mo |
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| Median Property Tax | $1,726/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 24.6% |
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| Severely Rent-Burdened | 52.5% |
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Housing Age
| Built 2010 or later | 6,165 |
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| Built 2000-2009 | 13,547 |
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| Built 1990-1999 | 7,962 |
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| Built before 1960 | 695 |
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| Median Year Built | 1991 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
