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2024 Compare Cities Economy:
Gaithersburg, MD vs Palm Bay, FL

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Highlights
- Household income in Palm Bay, is 43% less than it is in Gaithersburg and is 23% below the National Average.
- Gaithersburg unemployment rate is 6.1%.
- Palm Bay unemployment rate is 4.9%.

Economy
 Gaithersburg, MDPalm Bay, FLUnited States
 Unemployment Rate6.1%4.9%6.0%
 Recent Job Growth0.8%1.9%1.6%
 Future Job Growth31.1%42.2%33.5%
 Sales Taxes6.0%7.0%6.2%
 Income Taxes8.0%0.0%4.6%
 Income per Cap.$49,740$27,695$37,638
 Household Income$98,089$55,963$69,021
 Family Median Income$111,036$63,148$85,028
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 Est. Households By Income
 Gaithersburg, MDPalm Bay, FLUnited States
 Income Less Than 15K7.4%7.7%9.4%
 Income between 15K and 20K2.3%4.3%3.8%
 Income between 20K and 30K6.5%11.2%8.1%
 Income between 30K and 40K5.2%10.9%8.0%
 Income between 40K and 50K4.5%9.6%7.6%
 Income between 50K and 60K5.2%11.1%7.2%
 Income between 60K and 75K7.7%12.8%9.6%
 Income between 75K and 100K12.2%13.3%12.8%
 Income between 100K and 150K19.7%12.2%16.3%
 Income between 150K and 200K12.1%3.3%7.8%
 Income greater than 200K17.2%3.7%9.5%
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 Population By Occupation
 Gaithersburg, MDPalm Bay, FLUnited States
 Management, business, finance21.3%11.7%16.4%
 Engineering, computers, science15.2%7.2%6.5%
 Community, social services2.0%1.1%1.8%
 Legal1.6%0.3%1.2%
 Education, library4.8%5.2%6.2%
 Arts, design, media, sports, entertainment2.8%1.3%2.0%
 Healthcare practitioners and technology4.8%6.6%6.2%
 Healthcare support2.3%5.4%3.3%
 Firefighters, law enforcement1.7%1.3%2.1%
 Food preparation, serving4.9%6.8%5.4%
 Building maintenance5.6%4.3%3.6%
 Personal care3.7%2.0%2.6%
 Sales, office, administrative support16.6%24.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair6.6%10.1%8.1%
 Production, transportation, material moving6.1%12.5%13.1%

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Reviews for Gaithersburg    10 Reviews

We recently sold our family home of 20+ years in Potomac, MD and moved just down the road to Gaithersburg. We have nothing but good things to say about the people  More

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Over 9 years ago

The city of Gaithersburg offers all of the employment opportunities of being within commuting range of D.C. without the congestion. Homes are more affordable and you  More

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The state has the potential to be a great place to live ... but that 'Reality’ is just slipping away. The current leadership has done a really bang-up job creating so  More

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Reviews for Palm Bay    27 Reviews

I moved to Palm Bay in 2020 and the cost of living has skyrocketed! A two bedroom apartment was around $900/month in 2020. Now it's $1600 and up. Mostly up. A three  More

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My family of 4 have lived here in NW Palm Bay for over 10 years. My wife and my son from another marriage lived here for over 7 before that. I myself have lived here for  More

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I lived in Palm Bay for 12 years. It's a very unfriendly and crowded place to live. It's well into the 90's from late April till right around the 10th of November. The  More

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ZIPS IN GAITHERSBURG, MARYLAND
20878 20877 20879 20899
ZIPS IN PALM BAY, FLORIDA
32907 32909 32905 32908

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