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

Change Cities
Highlights
- Household income in Palm Bay, is 47% less than it is in Madison and is 23% below the National Average.
- Madison unemployment rate is 1.8%.
- Palm Bay unemployment rate is 4.9%.
 Madison, ALPalm Bay, FLUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth43.6%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$48,070  Unlock$37,638
 Household Income  Unlock$55,963$69,021
 Family Median Income$129,264  Unlock$85,028
 space
 Est. Households By Income
 Madison, ALPalm Bay, FLUnited States
 Income Less Than 15K  Unlock7.7%9.4%
 Income between 15K and 20K2.6%  Unlock3.8%
 Income between 20K and 30K  Unlock11.2%8.1%
 Income between 30K and 40K4.3%  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 100K12.2%  Unlock12.8%
 Income between 100K and 150K  Unlock12.2%16.3%
 Income between 150K and 200K17.8%  Unlock7.8%
 Income greater than 200K  Unlock3.7%9.5%
 space1
 Population By Occupation
 Madison, ALPalm Bay, FLUnited States
 Management, business, finance21.3%  Unlock16.4%
 Engineering, computers, science  Unlock7.2%6.5%
 Community, social services2.1%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library5.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock5.4%3.3%
 Firefighters, law enforcement1.8%  Unlock2.1%
 Food preparation, serving  Unlock6.8%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock2.0%2.6%
 Sales, office, administrative support15.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.5%  Unlock8.1%
 Production, transportation, material moving  Unlock12.5%13.1%
Reviews for Madison    11 Reviews

Over 1 years ago

My wife and I moved from Atlanta, GA area in 2016 when I retired. We have now lived in Huntsville for 4 years and now in Madison for almost 4 years. We were thinking  More

   |    Reply

Low crime. Traffic not too bad even during peak times. Covert classim and racism. A stick with our own mentality. Not very diverse primarily just blacks and whites.  More

   |    Reply

Madison is nice. The schools are excellent, which is why we chose to live here. The job market is good for anyone with an engineering degree or ex military, but for  More

   |    Reply

Start Your Review of Madison

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.