Table of Contents
Why are houses so cheap in Palm Bay Florida?
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.
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 a good area 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.
What kind of people live in Palm Bay FL?
Population by Race
| Race | Population | Percentage |
|---|---|---|
| White | 82,502 | 73.66\% |
| Black or African American | 19,778 | 17.66\% |
| Two or More Races | 4,611 | 4.12\% |
| Some Other Race | 2,582 | 2.31\% |
What is the average 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 part of Florida is safest from hurricanes?
If you want to stay as safe as possible from hurricanes but still want to reap the benefits of being a Florida citizen, inland Florida near the northern border of Georgia is the best place to live. It is the least hurricane-prone area in Florida.