2025 Compare Cities Economy:
Memphis, TN vs Palatka, FL

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Highlights
- Household income in Palatka, is 36% less than it is in Memphis and is 146% below the National Average.
- Memphis unemployment rate is 8.0%.
- Palatka unemployment rate is 6.3%.
 Memphis, TNPalatka, FLUnited States
 Unemployment Rate  Unlock6.3%6.0%
 Recent Job Growth  Unlock-0.3%1.6%
 Future Job Growth36.6%  Unlock33.5%
 Sales Taxes9.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$28,258  Unlock$37,638
 Household Income  Unlock$28,082$69,021
 Family Median Income$54,745  Unlock$85,028
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 Est. Households By Income
 Memphis, TNPalatka, FLUnited States
 Income Less Than 15K  Unlock26.8%9.4%
 Income between 15K and 20K5.3%  Unlock3.8%
 Income between 20K and 30K  Unlock20.6%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock6.9%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock7.7%9.6%
 Income between 75K and 100K9.6%  Unlock12.8%
 Income between 100K and 150K  Unlock3.3%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock0.8%9.5%
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 Population By Occupation
 Memphis, TNPalatka, FLUnited States
 Management, business, finance12.5%  Unlock16.4%
 Engineering, computers, science  Unlock2.8%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library5.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.1%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock6.2%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock9.7%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock0.8%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.5%0.6%
 Construction, extraction, maintenance/repair6.4%  Unlock8.1%
 Production, transportation, material moving  Unlock13.3%13.1%
Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 5 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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Reviews for Palatka    3 Reviews

Over 8 years ago

I have a lovely home on the outskirts of NW Palatka Bannerville area about 15 minutes from publix. Our well water (from the aquafier) is fabulous and the last time I  More

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Would love to hear your views on life in  More

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Over 19 years ago

Palatka is growing and will likely grow more in the near future. Although prices have escalated, housing is still less expensive than St. Augustine. Many people will  More

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