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Palm Bay City, Florida Economic Analysis

   (County: Brevard County)

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Economic Analysis

People and the communities they live in depend on money. The people of Palm Bay City, Florida need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Florida

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.66 5.08 6.83 0.00 7.04
  Total Electric Industry 7.77 6.66 5.08 6.83 0.00 7.04
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.91 6.77 5.19 6.85 0.00 7.16
  Total Electric Industry 7.91 6.77 5.19 6.85 0.00 7.16
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.75 6.58 5.02 6.81 0.00 6.99
  Total Electric Industry 7.75 6.58 5.02 6.81 0.00 6.99
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.69 5.26 6.96 0.00 7.20
  Total Electric Industry 7.99 6.69 5.26 6.96 0.00 7.20
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.78 6.35 5.13 6.72 0.00 6.96
  Total Electric Industry 7.78 6.35 5.13 6.72 0.00 6.96
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.82 6.39 5.16 6.69 0.00 7.01
  Total Electric Industry 7.82 6.39 5.16 6.69 0.00 7.01
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.63 5.11 6.80 0.00 7.18
  Total Electric Industry 7.99 6.63 5.11 6.80 0.00 7.18
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.08 6.62 5.04 6.80 0.00 7.19
  Total Electric Industry 8.08 6.62 5.04 6.80 0.00 7.19
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.89 6.38 4.81 6.64 0.00 7.01
  Total Electric Industry 7.89 6.38 4.81 6.64 0.00 7.01
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 6.22 4.77 6.61 0.00 6.85
  Total Electric Industry 7.73 6.22 4.77 6.61 0.00 6.85
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.25 4.84 6.96 0.00 6.91
  Total Electric Industry 7.77 6.25 4.84 6.96 0.00 6.91
2001              
  Full-Service Providers 8.59 7.08 5.18 7.60 0.00 7.67
  Total Electric Industry 8.59 7.08 5.18 7.60 0.00 7.67
2002              
  Full-Service Providers 8.16 6.64 5.23 7.43 0.00 7.31
  Total Electric Industry 8.16 6.64 5.23 7.43 0.00 7.31
2003              
  Full-Service Providers 8.55 7.13 5.41 0.00 7.21 7.72
  Total Electric Industry 8.55 7.13 5.41 0.00 7.21 7.72
2004              
  Full-Service Providers 8.99 7.61 5.84 0.00 7.45 8.16
  Total Electric Industry 8.99 7.61 5.84 0.00 7.45 8.16
2005              
  Full-Service Providers 9.62 8.16 6.46 0.00 8.03 8.76
  Total Electric Industry 9.62 8.16 6.46 0.00 8.03 8.76
2006              
  Full-Service Providers 11.33 9.91 7.71 0.00 10.32 10.45
  Total Electric Industry 11.33 9.91 7.71 0.00 10.32 10.45

(updated 2006)



Time Leaving to Work in Palm Bay City, Florida

12:00 A.M. TO 4:59 A.M.   : 1,275   (3.7%)
5:00 A.M. TO 5:29 A.M.   : 816   (2.4%)
5:30 A.M. TO 5:59 A.M.   : 1,295   (3.8%)
6:00 A.M. TO 6:29 A.M.   : 3,344   (9.7%)
6:30 A.M. TO 6:59 A.M.   : 4,092   (11.9%)
7:00 A.M. TO 7:29 A.M.   : 5,206   (15.1%)
7:30 A.M. TO 7:59 A.M.   : 5,177   (15.0%)
8:00 A.M. TO 8:29 A.M.   : 3,874   (11.3%)
8:30 A.M. TO 8:59 A.M.   : 1,711   (5.0%)
9:00 A.M. TO 9:59 A.M.   : 1,690   (4.9%)
10:00 A.M. TO 10:59 A.M.   : 920   (2.7%)
11:00 A.M. TO 11:59 A.M.   : 430   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 2,168   (6.3%)
4:00 P.M. TO 11:59 P.M.   : 2,415   (7.0%)


(updated 2010)



Household Size By Vehicles Available
(Palm Bay City, Florida)

1-person household:

No vehicle available : 954

1 vehicle available : 7,957

2 vehicles available : 906

3 vehicles available : 102

4 or more vehicles available : 0

2-person household:

No vehicle available : 477

1 vehicle available : 4,758

2 vehicles available : 7,751

3 vehicles available : 894

4 or more vehicles available : 166

3-person household:

No vehicle available : 130

1 vehicle available : 1,314

2 vehicles available : 3,279

3 vehicles available : 1,267

4 or more vehicles available : 86

4-or-more-person household:

No vehicle available : 85

1 vehicle available : 1,086

2 vehicles available : 3,895

3 vehicles available : 1,692

4 or more vehicles available : 707


(updated 2013)



Household Size By Number Of Workers In Household
(Palm Bay City, Florida)

1-person household:

No workers : 5,892

1 worker : 4,027

2-person household:

No workers : 5,273

1 worker : 4,806

2 workers : 3,967

3-person household:

No workers : 845

1 worker : 2,619

2 workers : 2,028

3 workers : 584

4-or-more-person household:

No workers : 674

1 worker : 2,977

2 workers : 2,738

3 or more workers : 1,076


(updated 2013)



Means of Transportation To Work
(Palm Bay City, Florida)

Car, truck, or van:

Drove alone : 35,040

Carpooled:

In 2-person carpool : 3,811

In 3-person carpool : 453

In 4-person carpool : 54

In 5- or 6-person carpool : 50

In 7-or-more-person carpool : 32

Public transportation (excluding taxicab):

Bus or trolley bus : 73

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 47

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 73

Bicycle : 291

Walked : 500

Other means : 505

Worked at home : 997


(updated 2013)



Travel Time To Work
(Palm Bay City, Florida)

Less than 5 minutes : 552

5 to 9 minutes : 2,468

10 to 14 minutes : 4,485

15 to 19 minutes : 6,511

20 to 24 minutes : 8,865

25 to 29 minutes : 3,572

30 to 34 minutes : 6,646

35 to 39 minutes : 1,107

40 to 44 minutes : 1,626

45 to 59 minutes : 2,192

60 to 89 minutes : 1,603

90 or more minutes : 1,302


(updated 2013)



AM Radio Stations Near Palm Bay City, Florida

  • WMMB (1240 AM; 1.0 kW; Melbourne, FL; Owner: Capstar Tx Limited Partnership)
  • WTIR (1300 AM; 5.0 kW; Cocoa, FL; Owner: Rama Communications, Inc.)
  • WMMV (1350 AM; 1.0 kW; Cocoa, FL; Owner: Capstar Tx Limited Partnership)
  • WZTA (1370 AM; 1.0 kW; Vero Beach, FL; Owner: Capstar Tx Limited Partnership)
  • WTTB (1490 AM; 1.0 kW; Vero Beach, FL; Owner: Vero Beach Broadcasters, Llc)
  • WWBC (1510 AM; 50.0 kW; Cocoa, FL; Owner: Astro Enterprises, Inc.)
  • WINT (1560 AM; 5.0 kW; Melbourne, FL; Owner: Cumulus Licensing Llc)
  • NEW (780 AM; 1.0 kW; Melbourne, FL; Owner: Star Development Group, Inc.)
  • WMEL (920 AM; 5.0 kW; Melbourne, FL; Owner: David Ryder, Receiver)

FM Radio Stations Near Palm Bay City, Florida

  • WCZR (101.7 FM; Wabasso, FL; Owner: Capstar Tx Limited Partnership)
  • WHKR (102.7 FM; Cocoa, FL; Owner: Cumulus Licensing Llc)
  • WQOL (103.7 FM; Wabasso, FL; Owner: Capstar Tx Limited Partnership)
  • WCIF (106.3 FM; Melbourne, FL; Owner: First Baptist Church, Inc.)
  • WAOA-FM (107.1 FM; Melbourne, FL; Owner: Cumulus Licensing Llc)
  • NEW (88.1 FM; Melbourne, FL; Owner: Sancta Familia Academy Inc.)
  • NEW (88.1 FM; Melbourne, FL; Owner: Space Coast Progressive Alliance, Inc.)
  • WHYZ (88.5 FM; Melbourne, FL; Owner: Central Florida Educational Foundation, Inc)
  • WFIT (89.5 FM; Melbourne, FL; Owner: The Florida Institute Of Technology)
  • 990121MA (89.7 FM; Cocoa Beach, FL; Owner: Csn International)
  • 990730MA (89.7 FM; Cocoa Beach, FL; Owner: Black Media Works, Inc.)
  • 990730MB (89.7 FM; Cocoa Beach, FL; Owner: Central Florida Educational Foundation, Inc.)
  • 990730MD (89.7 FM; Cocoa Beach, FL; Owner: Merritt Island Public Radio, Inc.)
  • WEJF (90.3 FM; Melbourne, FL; Owner: Florida Public Radio, Inc.)
  • WMIE-FM (91.5 FM; Cocoa, FL; Owner: National Christian Network, Inc.)
  • WMIE-FM (91.5 FM; Cocoa, FL; Owner: National Christian Network, Inc.)
  • WSCF-FM (91.9 FM; Vero Beach, FL; Owner: Central Educational Broadcasting, Inc.)
  • WSCF-FM (91.9 FM; Wabasso, FL; Owner: Central Educational Broadcasting, Inc.)
  • WGYL (93.7 FM; Vero Beach, FL; Owner: Vero Beach Broadcasters, Llc)
  • WSYR-FM (94.7 FM; Vero Beach, FL; Owner: Capstar Tx Limited Partnership)
  • WBVD (95.1 FM; Melbourne, FL; Owner: Capstar Tx Limited Partnership)
  • WSJZ-FM (95.9 FM; Fellsmere, FL; Owner: Cumulus Licensing Llc)
  • WSJZ-FM (95.9 FM; Grant, FL; Owner: Cumulus Licensing Llc)
  • WOSN (97.1 FM; Wabasso, FL; Owner: Vero Beach Broadcasters, Llc)
  • WSBH (98.5 FM; Melbourne, FL; Owner: Horton Broadcasting Company, Inc.)
  • WLRQ-FM (99.3 FM; Cocoa, FL; Owner: Capstar Tx Limited Partnership)
  • WJKD (99.7 FM; Wabasso, FL; Owner: Vero Beach Fm Radio Partnership)

TV Broadcast Stations Near Palm Bay City, Florida

  • WBCC (Channel 68; Rockledge, FL; Owner: Brevard Community College)

(updated 2008)



Occupations in Palm Bay City, Florida

Male:


  • Management, Professional, And Related Occupations: 5,264  (28.0%)
  • Service Occupations: 2,972  (15.8%)
  • Sales And Office Occupations: 3,403  (18.1%)
  • Farming, Fishing, And Forestry Occupations 62  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 4,205  (22.4%)

Female:


  • Management, Professional, And Related Occupations: 5,302  (31.0%)
  • Service Occupations: 3,761  (22.0%)
  • Sales And Office Occupations: 6,454  (37.7%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 147  (0.9%)


(updated 2010)





There are 32 Farms In Palm Bay City, Florida


(updated 2008)



Banks In Palm Bay City, Florida

Td Bank, National Association - 3 Branches


    Bank Assets: $658.9m
    Industry Specialization: All Other > $1 Billion
    Total Offices: 1,328

Suntrust Bank - 2 Branches


    Bank Assets: $356.7m
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

Pnc Bank, National Association - 2 Branches


    Bank Assets: $633.3m
    Industry Specialization: Commercial Lending
    Total Offices: 2,821

Bank Of America, National Association - 2 Branches


    Bank Assets: $2.9b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Branch Banking And Trust Company - 2 Branches


    Bank Assets: $367.2m
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

Wells Fargo Bank, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Jpmorgan Chase Bank, National Association - 1 Branches


    Bank Assets: $2b
    Industry Specialization: International
    Total Offices: 5,679

(updated 2014)







Airports Near Palm Bay City, Florida

  • Valkaria Airport


    (about 6.2 miles in Malabar, Florida; Airport Code: FL2)

  • Melbourne Regional


    (about 8.3 miles in Melbourne, Florida; Airport Code: MLB)

  • Melbourne International


    (about 8.3 miles in Melbourne, Florida; Airport Code: MLB)

  • Sebastian Municipal


    (about 15.4 miles in Sebastian, Florida; Airport Code: DQC)

  • Patrick AFB


    (about 18.0 miles in Canaveral Air Station, Florida; Airport Code: COF)

  • Vero Beach Municipal


    (about 27.0 miles in Vero Beach, Florida; Airport Code: VRB)

  • Cape Canaveral AFS


    (about 33.9 miles in Cape Canaveral, Florida; Airport Code: XMR)

  • Cape Canaveral AFS


    (about 33.9 miles in Cape Canaveral, Florida; Airport Code: DQY)

  • Cape Canaveral AFS Skid Strip


    (about 33.9 miles in Cape Canaveral, Florida; Airport Code: DQY)

  • Space Center Executive


    (about 37.6 miles in Titusville, Florida; Airport Code: TIX)


(updated 2015)



Modes of Transportation in Palm Bay City, Florida

Car, Truck, Or Van:

 

Drove Alone

83.52%

Carpooled

12.10%

Public Transportation:

 

Bus Or Trolley Bus

0.26%

Streetcar Or Trolley Car

0.05%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.05%

Taxicab

0.03%

Motorcycle

0.39%

Bicycle

0.54%

Walked

0.42%

Other Means

0.56%

Worked At Home

2.09%



(updated 2010)





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