Economy in Palm Bay, Florida
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Economy
| Unemployment Rate | 10.50% | 9.10% |
| Recent Job Growth | -1.84% | -0.12% |
| Future Job Growth | 25.82% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $20,831 | $27,067 |
| Household Income | $45,664 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.37% | 12.10% |
| Income between 15K and 25K | 11.76% | 10.18% |
| Income between 25K and 35K | 14.20% | 10.56% |
| Income between 35K and 50K | 18.95% | 14.98% |
| Income between 50K and 75K | 23.31% | 19.53% |
| Income between 75K and 100K | 11.66% | 12.52% |
| Income between 100K and 150K | 7.59% | 12.14% |
| Income between 150K and 250K | 1.33% | 3.91% |
| Income between 250K and 500K | 0.68% | 3.34% |
| Income greater than 500K | 0.15% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.41% | 13.81% |
| Professional and Related Occupations | 22.73% | 22.68% |
| Service | 16.84% | 14.51% |
| Sales and Office | 25.48% | 25.22% |
| Farming, Fishing, and Forestry | 0.15% | 0.68% |
| Construction, Extraction, and Maintenance | 12.11% | 9.37% |
| Production, Transportation, and Material Moving | 15.58% | 15.86% |
The unemployment rate in Palm Bay, FL, is 10.50%, with job growth of -1.84%. Future job growth over the next ten years is predicted to be 25.82%.
Palm Bay, FL Taxes
Palm Bay, FL,sales tax rate is 6.00%. Income tax is 0.00%.
Palm Bay, FL Income and Salaries
The income per capita is $20,831, which includes all adults and children. The median household income is $45,664.
Palm Bay Economy SperlingViews
I dont see how this top place to live in any low n: This place is too small for all the people who live here not enough jobs to go around and if your above 15hr might want to reconsider moving here everyone wants you to... (read more)The weather hardley changes.: It is mostly hot and muggy here.There might be 4 days out the winter that are considered cold days .You never no what to expect 60 degrees one day and 80 the next.If you... (read more)Sun, Sea Breezes, Trees, Nearby Clean Beaches: While many sing the virtues of Florida's sunny, warm climate in the winter, Palm Bay in Central Florida on the East Coast enjoys cooling breezes off the Atlantic Ocean... (read more)Have an opinion about Palm Bay? Leave a commentTo See All SperlingViews for Palm Bay Click Here
