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2024 Compare Cities Economy:
Wilmington, NC vs Palm Bay, FL

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Highlights
- Household income in Palm Bay, is 4% more than it is in Wilmington and is 23% below the National Average.
- Wilmington unemployment rate is 4.3%.
- Palm Bay unemployment rate is 4.9%.

Economy
 Wilmington, NCPalm Bay, FLUnited States
 Unemployment Rate4.3%4.9%6.0%
 Recent Job Growth0.8%1.9%1.6%
 Future Job Growth37.3%42.2%33.5%
 Sales Taxes7.0%7.0%6.2%
 Income Taxes5.3%0.0%4.6%
 Income per Cap.$38,890$27,695$37,638
 Household Income$54,066$55,963$69,021
 Family Median Income$80,688$63,148$85,028
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 Est. Households By Income
 Wilmington, NCPalm Bay, FLUnited States
 Income Less Than 15K14.8%7.7%9.4%
 Income between 15K and 20K4.4%4.3%3.8%
 Income between 20K and 30K9.5%11.2%8.1%
 Income between 30K and 40K8.9%10.9%8.0%
 Income between 40K and 50K8.4%9.6%7.6%
 Income between 50K and 60K9.0%11.1%7.2%
 Income between 60K and 75K9.5%12.8%9.6%
 Income between 75K and 100K10.4%13.3%12.8%
 Income between 100K and 150K12.5%12.2%16.3%
 Income between 150K and 200K4.8%3.3%7.8%
 Income greater than 200K7.7%3.7%9.5%
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 Population By Occupation
 Wilmington, NCPalm Bay, FLUnited States
 Management, business, finance17.4%11.7%16.4%
 Engineering, computers, science5.5%7.2%6.5%
 Community, social services2.1%1.1%1.8%
 Legal1.0%0.3%1.2%
 Education, library6.3%5.2%6.2%
 Arts, design, media, sports, entertainment2.8%1.3%2.0%
 Healthcare practitioners and technology7.7%6.6%6.2%
 Healthcare support1.9%5.4%3.3%
 Firefighters, law enforcement1.9%1.3%2.1%
 Food preparation, serving9.4%6.8%5.4%
 Building maintenance4.1%4.3%3.6%
 Personal care3.4%2.0%2.6%
 Sales, office, administrative support20.8%24.1%20.9%
 Farming, fishing, forestry0.3%0.0%0.6%
 Construction, extraction, maintenance/repair7.0%10.1%8.1%
 Production, transportation, material moving8.5%12.5%13.1%

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Reviews for Wilmington    71 Reviews

I was born here and I will update more at a later time. First and most important, teh average cost of a 1br apt in Wilmington is approximately $1,800. Rentals have  More

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I think that a lot has changed since covid for this city and will continue to keep changing with our insane economy. But I was born and raised in Wilmington and have  More

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Scotty · 

Wilmington NC was once a wonderful city filled with Southern charm, history, safety and natural beauty. Recently that has been replaced by erasing everything Southern or  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 WILMINGTON, NORTH CAROLINA
28403 28412 28409 28405 28401
ZIPS IN PALM BAY, FLORIDA
32907 32909 32905 32908

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