Interested in purchasing investment houses in the 32908 zip code in Palm Bay, FL?
The zip code 32908 is in Brevard county with a latitude of -80.698900000000 and longitude of 27.956380000000, is in the state of Florida. The average asking price of houses and condos is $66,690.00 and the average sale price was $68,780.00. this regions is classified as the Orlando metro area and is in the 321 area code. The location in degrees is 27° 57' 22.968" N, 80° 41' 56.04" W. The county F.I.P.S. is 12009. The total land area is 19.3 square miles and the water area is 0.0 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 32908 is in county number 009 and is L. Sector 11, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 13,543 in 2019 and 10,892 in 2010. Of this, the break down in 2019 was 12,453 urban and 1,089 rural. This further breaks down to 6,712 males (49.6%) and 6,830 females (50.4%). The median age of residents is 33.8 years. The population of the greater Palm Bay-Melbourne-Titusville, FL area is 558,359. The population density (people per square mile) is 702. This zip code has a combined total of 4,295 houses and condos. There are 777 rented appartments. 19% of residents rent versus the 19% 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 $37,202 and the average salary is $34,752. The median household income of individuals is $50,626.00 and the average is $42,920.00. This zip code has a mean commute time to work of 30.8 minutes. The unemployment rate is 5.4%. Income earners by percent breakdown as 48.90% (Under $50,000), 42.50% ($50,000-$100,000), and 8.60% earn over $100,000. 14.6% of residents live below poverty line versus the 12.7% in the state that are below this line. The cost of living index is 89.5. The educational breakdown is 88.0% have a high school education or higher, 16.4% have a bachelor's degree or higher, and 5.0% have some kind of profesional degree.
This area has 3,657 households and the average size is 3.4 people. Individuals who are single and have never been married are 32.5%, 50.5% are now married, 2.1% are separated, 3.9% are widowed, and 10.9% are divorced. The average yearly contribution amount given by people to charity was $2,576 versus the state average of $5,698. The percent of residents who gave to charity was 13.5%.
The estimated median value of houses and condos is $172,939. The median monthly owner costs of mortgage holders was $1,105, where as the costs for those who don't have a mortgage are $249. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 6.1.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,277. 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 0.8% which amounted to an average tax amount of $1,378. 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 $760. Reported taxable interest for persons was $554, dividends $1,864, capital gains +$632, and itemized deductions $15,927. The average earned income tax credit is $2,490. The percent of individuals that use a tax preparer is 42.4%. The total average income taxes paid by individuals was $2,781. Businesses reported an average profit of $6,655.
Texas Roadhouse
1181 Malabar Road, Palm Bay, FL 32907 (2.6 miles away)
Beef 'O' Bradys
3450 Bayside Lakes Blvd SE Ste 101-102, Palm Bay, FL 32909 (2.7 miles away)
New Haru Japanese Grill and Sushi Bar
3042 W New Haven Ave, Melbourne, FL 32904 (6 miles away)
Rocky's Jamaican Style Beef
2280 Harris Ave NE, Palm Bay, FL 32905 (6.5 miles away)
Papa's Real Pit BBQ
1360 S Us Hwy Ste 1, Malabar, FL 32950 (6.8 miles away)
Makoto
785 S Babcock St, Melbourne, FL 32901 (7.4 miles away)