2025 Compare Cities Economy:
Morristown, TN vs Palm Bay, FL

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Highlights
- Household income in Palm Bay, is 53% more than it is in Morristown and is 23% below the National Average.
- Morristown unemployment rate is 5.6%.
- Palm Bay unemployment rate is 4.9%.
 Morristown, TNPalm Bay, FLUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth38.8%  Unlock33.5%
 Sales Taxes9.8%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$21,428  Unlock$37,638
 Household Income  Unlock$55,963$69,021
 Family Median Income$46,934  Unlock$85,028
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 Est. Households By Income
 Morristown, TNPalm Bay, FLUnited States
 Income Less Than 15K  Unlock7.7%9.4%
 Income between 15K and 20K7.9%  Unlock3.8%
 Income between 20K and 30K  Unlock11.2%8.1%
 Income between 30K and 40K12.4%  Unlock8.0%
 Income between 40K and 50K  Unlock9.6%7.6%
 Income between 50K and 60K6.4%  Unlock7.2%
 Income between 60K and 75K  Unlock12.8%9.6%
 Income between 75K and 100K9.8%  Unlock12.8%
 Income between 100K and 150K  Unlock12.2%16.3%
 Income between 150K and 200K1.4%  Unlock7.8%
 Income greater than 200K  Unlock3.7%9.5%
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 Population By Occupation
 Morristown, TNPalm Bay, FLUnited States
 Management, business, finance9.4%  Unlock16.4%
 Engineering, computers, science  Unlock7.2%6.5%
 Community, social services0.4%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology4.1%  Unlock6.2%
 Healthcare support  Unlock5.4%3.3%
 Firefighters, law enforcement1.4%  Unlock2.1%
 Food preparation, serving  Unlock6.8%5.4%
 Building maintenance4.9%  Unlock3.6%
 Personal care  Unlock2.0%2.6%
 Sales, office, administrative support27.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair7.3%  Unlock8.1%
 Production, transportation, material moving  Unlock12.5%13.1%
Reviews for Morristown    9 Reviews

I've lived here pretty much my whole life minus a year here and there. After seeing what other places are like, I see how bad this place is. Nothing to do, and  More

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I have lived in the Lakeway area my whole life ( I am in my late 40s ). While it was a one time the perfect area to live in, Morristown and its local leaders are ruining  More

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Over 13 years ago

I've lived here for about 22 yrs, the best of those being from age 5 to 18. Morristown is a great place to raise a family or retire to but if one is to "get  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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