Is Palm Bay a good place to invest in real estate?
Palm Bay, located on the east coast of Florida is ranked #7 in Best Cities to Buy a House in America by niche.com. Palm Bay earned an overall grade of A-. This grade is based on the following categories: public schools, housing, good for families, crime and safety, nightlife, and diversity.
Is Palm Bay Florida a good place to live?
Palm Bay is in Brevard County and is one of the best places to live in Florida. Living in Palm Bay offers residents a sparse suburban feel and most residents own their homes. Many families live in Palm Bay and residents tend to have moderate political views. The public schools in Palm Bay are highly rated.
Why are Palm Bay houses so cheap?
Property taxes are very low here, as is cost-of-living. No sales tax on food; no state, city nor county taxes. A younger, working families populations. Don’t be afraid of the low prices.
What is the cost of living in Palm Bay Florida?
Palm Bay cost of living is 89.9
| COST OF LIVING | Palm Bay | Florida |
|---|---|---|
| Grocery | 99.1 | 102.8 |
| Health | 94.4 | 98 |
| Housing | 77 | 102.6 |
| Median Home Cost | $226,100 | $294,900 |
What is the racial makeup of Palm Bay Florida?
Palm Bay Demographics White: 73.66% Black or African American: 17.66% Two or more races: 4.12% Other race: 2.31%
Is Palm Bay a rich area?
Living in Palm Bay With a population of 119,760 people and 14 constituent neighborhoods, Palm Bay is the 19th largest community in Florida. The per capita income in Palm Bay in 2018 was $23,303, which is lower middle income relative to Florida and the nation.
How far is Palm Bay from the beach?
The total driving distance from West Palm Beach, FL to Palm Bay, FL is 111 miles or 179 kilometers.
Is Palm Bay Florida Affordable?
Palm Bay is also a fabulous suburban place to raise a family, with a population of over 100,000 and a cost of living that is lower than the U.S. average. The unemployment rate and crime rate is also very low, and the average commute is less than 30 minutes.