Retirement Communities in Palm Bay, Florida

CaringScore for Palm Bay, FL

CaringScore was designed to help millions of Americans find the best places to retire, age in place, or receive eldercare. The CaringScore for retirement communities in Palm Bay was based on more than 50 factors in three key categories: health, cost, and livability. By compiling and analyzing this data, Caring.com is able to rate the quality of life you or a loved one might expect should you choose retirement communities in Palm Bay.

A CaringScore can range from 1 (worst) to 10 (best), and provides a quick way to compare cities, counties, and even specific zip codes. With a CaringScore of 5.4, Palm Bay is on par with the national average for those seeking retirement communities.

The charts below highlight a few of the factors we used to calculate the CaringScore for Palm Bay. Choose a category score to learn more.

Physicians Per Capita

Cost of Healthcare Index

Sunny Days Per Year

HealthScore for Palm Bay, FL

HealthScore, a component of the overall CaringScore for retirement communities in Palm Bay, rates a region on a scale of 1 (less healthful) to 10 (more healthful). It's specifically tailored to anyone looking for retirement communities. The HealthScore for Palm Bay is based on the availability of healthcare resources, air and water quality, the overall health of the local population, and other key factors. With a HealthScore of 6.1, Palm Bay rates above average for those seeking retirement communities.

Easy access to physicians -- especially geriatricians and other key specialists -- is important to older adults seeking retirement communities. At 210.4 physicians per capita, Palm Bay closely matches the national average. Palm Bay scores about average in geriatricians per capita, with 1.4, and closely matches the national average in specialists per capita, with 20.5. These medical specialists include cardiologists, oncologists, and orthopedists. The average life expectancy from birth in Palm Bay is 78.6 years -- 0.9 percent higher than most of the country. Air quality in Palm Bay -- one factor in gauging the healthfulness of a region -- is 12.0 percent below average, and water quality -- another key measure of Palm Bay's environmental health -- is 9.1 percent above average.

Doctors Per Capita	Palm Bay, FL	Nat'l Avg
Physicians	210.4	220.5
Geriatricians	1.4	1.3
Cardiologists	8.1	7.7
Oncologists	3.8	3.5
Orthopedists	7.1	7

Average Life Expectancy

CostScore for Palm Bay, FL

CostScore, part of the overall CaringScore for retirement communities in Palm Bay, rates the cost of living for older adults on a scale of 1 (more expensive) to 10 (less expensive). It's specifically tailored to people looking for retirement communities. The CostScore for Palm Bay is based on data such as the average monthly cost of retirement communities in the region, the cost of housing and healthcare, regional tax rates, and other key factors. With a CostScore of 5.4, Palm Bay is on par with the national average for retirement communities.

Because of the broad range of housing, service, and healthcare options available at retirement communities, no average monthly cost data is available for Palm Bay. The entry fee or purchase price for an independent living community can range from $50,000 to $500,000 or more, and typically requires an additional monthly service fee of $1,000 to $3,000 on average. The cost of living indices below provide the best proxy for comparing costs of retirement communities in Palm Bay to the rest of the country. Overall, the cost of living for Palm Bay indexes at 5.0 percent lower than the national average. Average healthcare costs are 3.0 percent more expensive than the national average, and the cost of housing is 24.0 percent less expensive than average.

Cost of Living	Palm Bay, FL
Aggregate Index	95
Healthcare Index	103
Housing Index	76
Food Index	114
Utilities Index	102
Transportation Index	95

Cost of Healthcare Index

LivabilityScore for Palm Bay, FL

LivabilityScore makes up part of the overall CaringScore for retirement communities in Palm Bay. On a scale of 1 (less livable) to 10 (more livable), it's a rating of the quality of life in a region, specifically tailored to those looking for retirement communities. The LivabilityScore for Palm Bay is based on weather, crime rates, economic factors, average age of the population, and other key demographics. With a LivabilityScore of 4.4, Palm Bay rates below average for retirement communities.

Weather is an important factor in choosing the best place for retirement communities. The sun shines an average of 238 days each year in Palm Bay, 16.1 percent more sunny days than the rest of the U.S. sees. With an average temperature of 51°F in January, winters tend to be milder in Palm Bay than in other parts of the country, and summers are often hotter than other places, averaging 90°F in July.

Local crime rates are another important indicator. The violent crime rate in Palm Bay is 50.0 percent higher than the national average, and the property crime rate index is 4 of 10, which is in line with the national average. At $45,664 per year, the population of Palm Bay earns a lower than average median household income. Palm Bay has an unemployment rate of 10.50 percent, roughly 15.4 percent higher than the national average. And about 15.04 percent of the population in Palm Bay is of retirement age -- 65 or older -- which exceeds the national average by 14.3 percent.

Sunny Days Per Year

Avg Temperature (°F)

Property Crime Index

Amenities Per Capita	Palm Bay	Nat'l Avg
Parks	0.2	136.1
Libraries	3.2	18.8
Places of Worship	59.6	220.5
Public Transit	36.1	110.4
Grocery Stores	47.8	97.7
Pharmacies	6.6	13.8

Percent of Population Over Age 65