There are 20 independent living communities serving Palm Bay, Florida. This includes 7 communities in Palm Bay and 13 nearby. The median cost per day for independent living in Florida is about $55, with costs running between $16 and $145 per day. On a per month basis, this equates to a median expenditure of $1,650, with costs ranging from around $467 up to $4,356. The median annual cost is $19,800, which is under the national average of $23,100.
Costs for independent living in Palm Bay generally range between $1,265 per month and $2,654 per month. The median cost is around $2,090 per month, or around $25,080 annually.
Palm Bay is a mid size city in Brevard County, Florida. It is included in the Palm Bay-Melbourne-Titusville metropolitan area. It has a population of 104,966, with 441,169 residents in the encompassing statistical area. Approximately 27% of the local populace are over 55.
The SeniorScore™ for Palm Bay is 76. The average home price in the city is $93,000, which is much less than the state average of $208,500. Palm Bay also has a high unemployment rate of roughly 12.3%. The city's average household income is $45,000 ($22,000 on a per capita basis), vs the average of $40,000 for the whole of Florida.
Palm Bay has ideal mean temperatures, with very mild winters and very warm summers. The area gets heavy levels of rainfall annually. In comparison to other American cities, Palm Bay has average air quality and a high crime rate.