2025 Compare Cities Economy:
Florence, AL vs Palm Bay, FL

Change Cities
Highlights
- Household income in Palm Bay, is 37% more than it is in Florence and is 23% below the National Average.
- Florence unemployment rate is 3.2%.
- Palm Bay unemployment rate is 4.9%.
 Florence, ALPalm Bay, FLUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth27.4%  Unlock33.5%
 Sales Taxes5.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$25,854  Unlock$37,638
 Household Income  Unlock$55,963$69,021
 Family Median Income$53,716  Unlock$85,028
 space
 Est. Households By Income
 Florence, ALPalm Bay, FLUnited States
 Income Less Than 15K  Unlock7.7%9.4%
 Income between 15K and 20K7.5%  Unlock3.8%
 Income between 20K and 30K  Unlock11.2%8.1%
 Income between 30K and 40K11.1%  Unlock8.0%
 Income between 40K and 50K  Unlock9.6%7.6%
 Income between 50K and 60K6.8%  Unlock7.2%
 Income between 60K and 75K  Unlock12.8%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock12.2%16.3%
 Income between 150K and 200K3.5%  Unlock7.8%
 Income greater than 200K  Unlock3.7%9.5%
 space1
 Population By Occupation
 Florence, ALPalm Bay, FLUnited States
 Management, business, finance11.0%  Unlock16.4%
 Engineering, computers, science  Unlock7.2%6.5%
 Community, social services2.0%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock5.4%3.3%
 Firefighters, law enforcement1.9%  Unlock2.1%
 Food preparation, serving  Unlock6.8%5.4%
 Building maintenance3.0%  Unlock3.6%
 Personal care  Unlock2.0%2.6%
 Sales, office, administrative support25.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.7%  Unlock8.1%
 Production, transportation, material moving  Unlock12.5%13.1%
Reviews for Florence    8 Reviews

Over 15 years ago

I am a 41 yr old female in search of a new life. I am not running I amj ust trying to find myself some happiness and I would like to know what I can rent there to make  More

   |    Reply

Over 15 years ago

A few years ago, while i was still living in Florence, the local newspaper did an article abt why the young educated people were leaving Florence. In my early 20's as i  More

   |    Reply

Over 16 years ago

we will relocate to Alabama, Muscle Shoals, Florence, Sheffield area.We would like a nice town to live in, where our two kids can grow up and would not cost us a  More

   |    Reply

Start Your Review of Florence

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


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.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.