Zip Code

32908

City

Palm Bay, FL

Population & Migration

What is the forecasted population for Zip code 32908 Palm Bay, FL?

Population census 2020
12,605
Forecasted population 2025
15,262
21.1% vs. 2020
Forecasted population 2030
15,949
26.5% vs. 2020

Zip code 32908 Palm Bay, FL population is forecasted to grow 21.1% by 2025 (16.4 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 15,262 people for 2025 zip code 32908 Palm Bay, FL will generate a good demand for housing, which is expected to have a deficit of 1,099 houses for 2030. Vacancy rate is 4.6 points below national US average.

Total homes available 2020
4,145
Estimated total home demand in 2030
5,244
Total homes balance inventory
1,099

Average Household Income in zip code 32908 Palm Bay, FL
from Internal Revenue Service

Average household income in 2021
$73,342

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 32908 Palm Bay, FL?

County total number of drinking water violations

440

+90%

232

County total number of drinking water contaminations

71

+223%

22

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