Home / Select Cities  /  2024 Comparing Salem, VA vs. Palm Bay, FL

2024 Compare Cities Economy:
Salem, VA vs Palm Bay, FL

Change Cities
Highlights
- Household income in Palm Bay, is 16% less than it is in Salem and is 23% below the National Average.
- Salem unemployment rate is 4.6%.
- Palm Bay unemployment rate is 4.9%.

Economy
 Salem, VAPalm Bay, FLUnited States
 Unemployment Rate4.6%4.9%6.0%
 Recent Job Growth1.5%1.9%1.6%
 Future Job Growth32.0%42.2%33.5%
 Sales Taxes5.3%7.0%6.2%
 Income Taxes5.8%0.0%4.6%
 Income per Cap.$36,244$27,695$37,638
 Household Income$66,472$55,963$69,021
 Family Median Income$84,224$63,148$85,028
 space
 Est. Households By Income
 Salem, VAPalm Bay, FLUnited States
 Income Less Than 15K7.9%7.7%9.4%
 Income between 15K and 20K3.9%4.3%3.8%
 Income between 20K and 30K8.7%11.2%8.1%
 Income between 30K and 40K7.3%10.9%8.0%
 Income between 40K and 50K9.0%9.6%7.6%
 Income between 50K and 60K8.8%11.1%7.2%
 Income between 60K and 75K8.2%12.8%9.6%
 Income between 75K and 100K14.1%13.3%12.8%
 Income between 100K and 150K17.4%12.2%16.3%
 Income between 150K and 200K7.4%3.3%7.8%
 Income greater than 200K7.2%3.7%9.5%
 space1
 Population By Occupation
 Salem, VAPalm Bay, FLUnited States
 Management, business, finance15.7%11.7%16.4%
 Engineering, computers, science4.0%7.2%6.5%
 Community, social services2.6%1.1%1.8%
 Legal1.2%0.3%1.2%
 Education, library7.9%5.2%6.2%
 Arts, design, media, sports, entertainment1.5%1.3%2.0%
 Healthcare practitioners and technology7.3%6.6%6.2%
 Healthcare support2.6%5.4%3.3%
 Firefighters, law enforcement2.6%1.3%2.1%
 Food preparation, serving5.5%6.8%5.4%
 Building maintenance3.1%4.3%3.6%
 Personal care4.2%2.0%2.6%
 Sales, office, administrative support21.0%24.1%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair7.1%10.1%8.1%
 Production, transportation, material moving13.6%12.5%13.1%

View More Data >

Reviews for Salem    4 Reviews

Over 8 years ago

I am looking for property in  More

   |    Reply

Over 9 years ago

When we moved from Glen Allen VA to Salem I had read on here that cost of living including housing was cheaper. Housing is less unless you want a house bigger than 1300  More

   |    Reply

Over 13 years ago

Salem is a lovely town surrounded by the beauty of the Blue Ridge mountains. Spring, Summer and Fall is exceptionally beautiful with moderate climate and lots of  More

   |    Reply

Start Your Review of Salem

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Palm Bay

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Salem, Virginia Cost of Living vs Palm Bay, Florida Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN SALEM, VIRGINIA
24153
ZIPS IN PALM BAY, FLORIDA
32907 32909 32905 32908

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now