The ZIP Code 32907 is associated with the city of Palm Bay in Florida in Brevard County in the U.S. It is estimated that 22.2% of residents in the 32907 ZIP Code are aged 62 years and older, while the region overall has a median age of 41.3 years. Approximately 18.2% of residents in this Florida region have a bachelor's degree or higher, and the per capita income is an estimated $23,644. Median househould income in this ZIP sits at $54,951, and approximately 7% of the population lives below the poverty line. The current population estimate is 45,037.
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Looking at race in the population that makes up ZIP Code 32907, 96.8% is one race, while 3.2% are two or more races. Approximately 18.0% of 32907 residents are hispanic or Latino (of any race). The most common race in 32907 (race alone or in combination with one or more other races), is White (75.9%), followed by Black or African American (20.8%) .
| Industry | Percent |
|---|---|
| White | 75.9% |
| Black or African American | 20.8% |
| American Indian and Alaska Native | 0.9% |
| Asian | 2.5% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 2.9% |
The median household income in ZIP Code 32907 is $54,951, while the region's mean household income is $65,731. Breaking income down further, per capita income in the region is $23,644. The per capita income in ZIP Code 32907 of $23,644 is approximately 25.22% less than the per capita income in the U.S. overall of $31,619. An estimated 6.8% of the population is living below the poverty line in this region. This rate is approximately 28.42% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 25.7% of the population in 32907 earn $50,000 to $74,999 per year, while an estimated 17.6% earn $35,000 to $49,999 per year, and 2.0% of 32907 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.1% |
| $10,000 to $14,999 per year | 3.6% |
| $15,000 to $24,999 per year | 7.6% |
| $25,000 to $34,999 per year | 12.1% |
| $35,000 to $49,999 per year | 17.6% |
| $50,000 to $74,999 per year | 25.7% |
| $75,000 to $99,999 per year | 14.6% |
| $100,000 to $149,999 per year | 10.5% |
| $150,000 to $199,999 per year | 3.2% |
| $200,000 or more per year | 2.0% |
In ZIP Code 32907, 90.3% of the population graduated high school, while 18.2% have a bachelor's degree or higher. In this region, 2.8% achieved an education level less than 9th grade, while 5.3% hold a graduate or professional degree. Approximately 34.7% in this Brevard County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.8% |
| 9th to 12th grade, no diploma | 6.9% |
| High school graduate (includes equivalency) | 34.7% |
| Some college, no degree | 26.2% |
| Associate's degree | 11.2% |
| Bachelor's degree | 12.9% |
| Graduate or professional degree | 5.3% |
Residents of ZIP Code 32907 are older than average. The median age of 41.3 years in ZIP Code 32907 is approximately 8.4% higher than the overall median age in the U.S. of 38.1 years. About 77.8% of residents are aged 18 years and older, and 22.2% of residents are 62 years and over. Approximately 13.0% of the population in 32907 falls in the age group 45 to 54 years, while an estimated 12.6% are aged 35 to 44 years. On the low end of the scale, 2.2% of 32907 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.5% |
| 5 to 9 years | 5.1% |
| 10 to 14 years | 6.5% |
| 15 to 19 years | 7.5% |
| 20 to 24 years | 5.6% |
| 25 to 34 years | 11.2% |
| 35 to 44 years | 12.6% |
| 45 to 54 years | 13.0% |
| 55 to 59 years | 7.9% |
| 60 to 64 years | 6.8% |
| 65 to 74 years | 10.4% |
| 75 to 84 years | 5.7% |
| 85 years and over | 2.2% |
In ZIP Code 32907, 80.6% of the population lists "English only" as the language spoken in home, while 14.6% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 3.6% of homes, and other Indo-European languages are spoken in 0.8% of homes. Lastly, 0.4% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Brevard County region.
| Language Spoken | Percent |
|---|---|
| English only | 80.6% |
| Spanish | 14.6% |
| Other Indo-European languages | 3.6% |
| Asian and Pacific Islander languages | 0.8% |
| Other languages | 0.4% |
The median home value in ZIP Code 32907 in January 2025 comes in at $306,398. The January 2025 value is approximately -2% lower than the $312,178 median value in August 2024, and -3% lower than the $317,136 median value in February 2024. Regarding the age of homes in ZIP Code 32907, an estimated 43.5% of homes were built between 1980 and 1989. Additionally, 23.0% of homes in the region were built between 1990 and 1999, while an estimated 0.1% of homes were built between 1940 and 1949 in this Brevard County region.
| Month | Home value |
|---|---|
| Jan 2025 | $306,398 |
| Dec 2024 | $307,339 |
| Nov 2024 | $308,631 |
| Oct 2024 | $310,021 |
| Sep 2024 | $311,128 |
| Aug 2024 | $312,178 |
| Jul 2024 | $313,418 |
| Jun 2024 | $314,796 |
| May 2024 | $315,983 |
| Apr 2024 | $316,683 |
| Mar 2024 | $316,949 |
| Feb 2024 | $317,136 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.8% |
| Built between 2010 and 2013 | 0.7% |
| Built between 2000 and 2009 | 19.7% |
| Built between 1990 and 1999 | 23.0% |
| Built between 1980 and 1989 | 43.5% |
| Built between 1970 and 1979 | 9.5% |
| Built between 1960 and 1969 | 1.3% |
| Built between 1950 and 1959 | 0.2% |
| Built between 1940 and 1949 | 0.1% |
| Built in 1939 or earlier | 0.2% |
In 32907, 55.9% of the population is in the labor force. Recent estimates place 3.6% as working from home, while the total labor force in the region has a mean travel to time to work of 27.5 minutes. Approximately 24.9% of the employed population 16 years and over in 32907 work in educational services, and health care and social assistance, while an estimated 13.5% work in retail trade. On the lower end of the scale, just 0.1% of 32907 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.1% |
| Construction | 7.5% |
| Manufacturing | 8.1% |
| Wholesale trade | 1.6% |
| Retail trade | 13.5% |
| Transportation and warehousing, and utilities | 5.9% |
| Information | 1.9% |
| Finance and insurance, and real estate and rental and leasing | 4.9% |
| Professional, scientific, management, and administrative | 13.0% |
| Educational services, and health care and social assistance | 24.9% |
| Arts, entertainment, and recreation, and accommodation and food services | 8.2% |
| Other services, except public administration | 5.9% |
| Public administration | 4.6% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 32907 is current access to health insurance, as an estimated 85.2% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 32907 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 85.2% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 32907 has an average daily solar radiation level of 5.5 kWh/m2/day. This is approximately 33.5% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 16.54% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 32907 | 10.4¢/kWh | 8.72¢/kWh | 6.86¢/kWh |
| Florida | 14.98¢/kWh | 11.25¢/kWh | 8.72¢/kWh |
| United States | 17.47¢/kWh | 12.96¢/kWh | 8.3¢/kWh |
| Month | ZIP Code 32907 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 5.18 | 1.9 | 5.84 |
| Feb | 5.73 | 3 | 6.31 |
| Mar | 6.25 | 3.65 | 7.02 |
| Apr | 6.2 | 5.13 | 7.3 |
| May | 5.76 | 5.17 | 7.13 |
| Jun | 5.03 | 5.72 | 6.95 |
| Jul | 5.16 | 6.22 | 6.51 |
| Aug | 5.43 | 6.08 | 6.65 |
| Sep | 5.26 | 5.15 | 7.02 |
| Oct | 5.65 | 3.32 | 6.92 |
| Nov | 5.53 | 2.33 | 5.99 |
| Dec | 4.81 | 1.78 | 5.46 |