Interested in purchasing investment houses in the 32907 zip code in Palm Bay, FL?
The zip code 32907 is in Brevard county with a latitude of -80.682320000000 and longitude of 28.015640000000, is in the state of Florida. The average asking price of houses and condos is $102,547.00 and the average sale price was $73,964.00. this regions is classified as the Orlando metro area and is in the 321 area code. The location in degrees is 28° 0' 56.304" N, 80° 40' 56.352" W. The county F.I.P.S. is 12009. The total land area is 17.7 square miles and the water area is 0.1 square miles. The elevation in this area is 13 - 26 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 32907 is in county number 009 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 45,528 in 2019 and 41,870 in 2010. Of this, the break down in 2019 was 45,243 urban and 284 rural. This further breaks down to 21,626 males (47.5%) and 23,901 females (52.5%). The median age of residents is 41.7 years. The population of the greater Palm Bay-Melbourne-Titusville, FL area is 558,359. The population density (people per square mile) is 2,566. This zip code has a combined total of 16,604 houses and condos. There are 2,989 rented appartments. 20% of residents rent versus the 20% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $39,258 and the average salary is $37,042. The median household income of individuals is $52,067.00 and the average is $45,760.00. This zip code has a mean commute time to work of 28.1 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 47.20% (Under $50,000), 39.40% ($50,000-$100,000), and 13.40% earn over $100,000. 9.1% of residents live below poverty line versus the 12.7% in the state that are below this line. The cost of living index is 89.0. The educational breakdown is 90.4% have a high school education or higher, 18.8% have a bachelor's degree or higher, and 5.5% have some kind of profesional degree.
This area has 15,458 households and the average size is 3.0 people. Individuals who are single and have never been married are 31.5%, 46.8% are now married, 1.7% are separated, 5.9% are widowed, and 14.1% are divorced. The average yearly contribution amount given by people to charity was $3,619 versus the state average of $5,698. The percent of residents who gave to charity was 13.6%.
The estimated median value of houses and condos is $174,819. The median monthly owner costs of mortgage holders was $1,173, where as the costs for those who don't have a mortgage are $369. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 5.3.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,158. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $2,035. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $1,241. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $1,008. Reported taxable interest for persons was $696, dividends $2,360, capital gains +$2,255, and itemized deductions $16,312. The average earned income tax credit is $2,412. The percent of individuals that use a tax preparer is 41.6%. The total average income taxes paid by individuals was $2,524. Businesses reported an average profit of $6,753.
Texas Roadhouse
1181 Malabar Road, Palm Bay, FL 32907
Twisty Cone Ice Cream & Cakes
1615 Georgia St NE, Palm Bay, FL 32907
The Green Leaf
5070 Minton Rd NW, Palm Bay, FL 32907
Lucky Garden
1155 Malabar Rd NE, Palm Bay, FL 32907
Yummy Chinese & Hibachi Restaurant
190 Malabar Rd SW, Palm Bay, FL 32907
Fired Up
195 Malabar Rd NW, Palm Bay, FL 32907
Tree Of Life Cuban Bakery
1200 Malabar Rd SE Ste 2, Palm Bay, FL 32907
Sonny's BBQ
1020 Malabar Rd SE, Palm Bay, FL 32907
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