ZIP Code 32907: Population, Income, Housing

State: FL
Total population: 49,080 Household income: $75,311 Rent: $1,897

Overview

Total population
49,080
Rent
$1,897
Year built
1992
Household income
$75,311
Per capita income
$31,758
Poverty rate
10.6%
Unemployment rate
N/A
Household size
2.9 persons
Rent over 30% of income
48.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Florida
County
Brevard County
City
Palm Bay
Total population
49,080
Adults over 25
35,328
Total households
16,837
Household size
2.9 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$75,311
Per capita income
$31,758
Poverty rate
10.6%
Unemployment rate
N/A
Rent over 30% of income
48.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,897
Year built
1992
Households that rent
13.3%
Households that own
86.7%
Rooms per home (all homes)
6.1

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
58.3%
Black
17.8%
Asian
1.8%
Two or more races
15.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
20.2%
Not Hispanic or Latino
79.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
19,375 (90%)
Commute time to work
28 mins
Work from home
2,164 (10%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
30.8%
High school graduate or GED
32.4%
Some college or associate degree
14%
Bachelor’s degree or higher
22.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 

Comparison of ZIP Code 32907 with: Brevard County, FL Palm Bay, FL Palm Bay metro area, FL Florida United States

ZIP 32907

Total population49,080
Rent$1,897
Year built1992
Household income$75,311
Per capita income$31,758
Poverty rate10.6%
Unemployment rateN/A

Brevard County, FL

Total population632,780
Rent$1,556
Year built1988
Household income$78,476
Per capita income$44,108
Poverty rate10.2%
Unemployment rate3.3%

Palm Bay, FL

Total population130,132
Rent$1,601
Year built1993
Household income$72,614
Per capita income$34,813
Poverty rate11.7%
Unemployment rate3.4%

Palm Bay Metro Area, FL

Total population632,780
Rent$1,556
Year built1988
Household income$78,476
Per capita income$44,108
Poverty rate10.2%
Unemployment rate3.5%

Florida State

Total population22,416,077
Rent$1,669
Year built1988
Household income$74,568
Per capita income$42,609
Poverty rate12.6%
Unemployment rate3.4%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP32907 CountyBrevard, FLCityPalm Bay, FLMetro AreaPalm Bay metro area, FLStateFloridaCountryUnited States
Total population49,080632,780130,132632,78022,416,077334,922,499
Rent$1,897$1,556$1,601$1,556$1,669$1,413
Year built199219881993198819881980
Household income$75,311$78,476$72,614$78,476$74,568$80,734
Per capita income$31,758$44,108$34,813$44,108$42,609$44,673
Poverty rate10.6%10.2%11.7%10.2%12.6%12.5%
Unemployment rateN/A3.3%3.4%3.5%3.4%4%

View the full multi-level comparison →

 

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Summary for 32907

Rent & Income

In 32907, the typical monthly rent is $1,897 and the typical household income is $75,311. Rent here is higher than both Palm Bay and Florida, and household income is similar to both Palm Bay and Florida. The estimated poverty rate is 10.6%, which is lower than in both Palm Bay and Florida.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 13.3% of households. About 48.2% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 22.7% of adults holding a bachelor’s degree or higher.

 

ZIP 32907 — Rent vs Household Income

 

 

ZIP 32907 — Poverty

 

 

How ZIP 32907 compares in Florida (299 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,897 214 / 299 from lower rent $999 – $3,263
Household income $75,311 139 / 299 from higher income $30,514 – $176,641
Poverty rate 10.6% 125 / 299 from lower poverty 2.8% – 48.7%

Rankings are calculated among ZIP Codes in Florida with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 32907

Rent

Looking at rent levels, ZIP Code 32907 places 214th out of 299 ZIP Codes in Florida. Throughout Florida, numbers span from $999 in ZIP 34142 up to $3,263 in ZIP 33076.

Household income

In terms of earnings, this ZIP comes 139th out of 299 ZIP Codes. At the state level, values extend from $30,514 in ZIP 32209 up to $176,641 in ZIP 33076.

Poverty rate

In terms of poverty rate, ZIP Code 32907 comes 125th out of 299 ZIP Codes. In Florida as a whole, the range goes from 2.8% in ZIP 32259 up to 48.7% in ZIP 32304.

 

💰 Rent in ZIP Code 32907 (with Utilities)

Estimated Monthly Rent: $1,897 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 32907

Annual Household Income: $75,311

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 32907

Estimated Rate: 10.6%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 32907

In ZIP Code 32907, households that rent: 2,238 (13.3%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 2,238 13.3%
Owner-Occupied 14,599 86.7%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 32907

In ZIP Code 32907, cost-burdened renters (households spending over 30% of income on housing): 1,079 (48.2%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 1,079 48.2%
Other renter households 1,159 51.8%
Total renter households 2,238 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 32907

Less than High School: 10,883 people (30.8%)

Includes adults who did not complete high school.

High School Graduate or GED: 11,461 people (32.4%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 4,954 people (14%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 8,030 people (22.7%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 35,328

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.