This data is based on 10 ZIP codes, which covers Palm Bay and Fellsmere and Grant-Valkaria and Malabar and Melbourne and Melbourne Village and West Melbourne.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined 10 ZIP codes area shared across these towns.
Showing latest year snapshot. Full economic history and trends available with a paid plan. See products & pricing →
Palm Bay ZIP Area Economy · 2023
Wages +0% vs. avg. Brevard Co. town
Palm Bay's ZIP area supports 72,223 jobs across 4,704 businesses, with workers earning an average of $54K per year, 0% above the Brevard County average. The economy is well-diversified (0.88 index), led by retail trade and construction. 86.8% of businesses have fewer than 20 employees, and each business employs an average of 15.4 people. Jobs grew 3.7% from the prior year while business count grew 0.4%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Brevard Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
4,704 businesses by employee count. 86.8% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Economic Densityi
0.55
jobs per resident
15.4
employees per business
County avg: 13.7+12%
$30K
payroll per resident
$832K
payroll per business
Palm Bay ZIP Area vs. Avg. Brevard Co. Towni
All Industries in ZIP Areai
| Sector | Palm Bay ZIP | Avg. Brevard Co. | Spec. |
|---|---|---|---|
| Retail Trade | 642 | 235 | 1.0x |
| Construction | 641 | 189 | 1.2x |
| Healthcare | 558 | 206 | 1.0x |
| Professional Services | 506 | 223 | 0.8x |
| Other Services | 418 | 158 | 1.0x |
| Admin Services | 411 | 121 | 1.2x |
| Food & Accommodation | 353 | 150 | 0.9x |
| Real Estate | 249 | 113 | 0.8x |
| Finance & Insurance | 199 | 88 | 0.8x |
| Wholesale Trade | 172 | 65 | 1.0x |
| Manufacturing | 145 | 53 | 1.0x |
| Transportation | 132 | 36 | 1.3x |
| Information | 86 | 30 | 1.0x |
| Education | 58 | 23 | 0.9x |
| Arts & Entertainment | 46 | 23 | 0.7x |
| Management | 12 | 4 | 1.1x |
| Utilities | 7 | 2 | 1.3x |