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2024 Compare Cities Economy:
Palm Bay, FL vs Valrico, FL

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Highlights
- Household income in Valrico, is 52% more than it is in Palm Bay and is 19% above the National Average.
- Palm Bay unemployment rate is 4.9%.
- Valrico unemployment rate is 4.6%.

Economy
 Palm Bay, FLValrico, FLUnited States
 Unemployment Rate4.9%4.6%6.0%
 Recent Job Growth1.9%2.3%1.6%
 Future Job Growth42.2%42.6%33.5%
 Sales Taxes7.0%8.5%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$27,695$38,011$37,638
 Household Income$55,963$84,986$69,021
 Family Median Income$63,148$99,801$85,028
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 Est. Households By Income
 Palm Bay, FLValrico, FLUnited States
 Income Less Than 15K7.7%5.1%9.4%
 Income between 15K and 20K4.3%2.5%3.8%
 Income between 20K and 30K11.2%7.2%8.1%
 Income between 30K and 40K10.9%6.4%8.0%
 Income between 40K and 50K9.6%7.3%7.6%
 Income between 50K and 60K11.1%6.5%7.2%
 Income between 60K and 75K12.8%9.6%9.6%
 Income between 75K and 100K13.3%13.0%12.8%
 Income between 100K and 150K12.2%20.9%16.3%
 Income between 150K and 200K3.3%10.3%7.8%
 Income greater than 200K3.7%11.2%9.5%
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 Population By Occupation
 Palm Bay, FLValrico, FLUnited States
 Management, business, finance11.7%18.2%16.4%
 Engineering, computers, science7.2%7.8%6.5%
 Community, social services1.1%2.1%1.8%
 Legal0.3%3.2%1.2%
 Education, library5.2%5.4%6.2%
 Arts, design, media, sports, entertainment1.3%1.2%2.0%
 Healthcare practitioners and technology6.6%8.1%6.2%
 Healthcare support5.4%2.9%3.3%
 Firefighters, law enforcement1.3%1.5%2.1%
 Food preparation, serving6.8%4.4%5.4%
 Building maintenance4.3%1.6%3.6%
 Personal care2.0%2.3%2.6%
 Sales, office, administrative support24.1%24.7%20.9%
 Farming, fishing, forestry0.0%0.5%0.6%
 Construction, extraction, maintenance/repair10.1%7.0%8.1%
 Production, transportation, material moving12.5%8.9%13.1%

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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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Reviews for Valrico    7 Reviews

Over 8 years ago

I am looking at Valrico stats and shows updated in June 2014. How often do you  More

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Over 12 years ago

Valrico is a great place to live. The city is located near major cities like Tampa and Orlando. It provides all the conviences a family  More

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Over 14 years ago

Check the neighborhood GOOD before moving.. What seemed good on paper to us, turned out to be a cul-de-sac of bullies and clicks that refuse to accept new people. I'm  More

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ZIPS IN PALM BAY, FLORIDA
32907 32909 32905 32908
ZIPS IN VALRICO, FLORIDA
33594

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