2025 Compare Cities Economy:
Palm Bay, FL vs Albany, NY

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Highlights
- Household income in Albany, is 6% less than it is in Palm Bay and is 31% below the National Average.
- Palm Bay unemployment rate is 4.9%.
- Albany unemployment rate is 7.1%.
 Palm Bay, FLAlbany, NYUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock0.5%1.6%
 Future Job Growth42.2%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock6.2%4.6%
 Income per Cap.$27,695  Unlock$37,638
 Household Income  Unlock$52,583$69,021
 Family Median Income$63,148  Unlock$85,028
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 Est. Households By Income
 Palm Bay, FLAlbany, NYUnited States
 Income Less Than 15K  Unlock16.0%9.4%
 Income between 15K and 20K4.3%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock9.6%7.6%
 Income between 50K and 60K11.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.1%9.6%
 Income between 75K and 100K13.3%  Unlock12.8%
 Income between 100K and 150K  Unlock13.9%16.3%
 Income between 150K and 200K3.3%  Unlock7.8%
 Income greater than 200K  Unlock5.1%9.5%
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 Population By Occupation
 Palm Bay, FLAlbany, NYUnited States
 Management, business, finance11.7%  Unlock16.4%
 Engineering, computers, science  Unlock7.6%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock1.7%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.4%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock5.6%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock5.7%5.4%
 Building maintenance4.3%  Unlock3.6%
 Personal care  Unlock3.6%2.6%
 Sales, office, administrative support24.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair10.1%  Unlock8.1%
 Production, transportation, material moving  Unlock7.2%13.1%
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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Reviews for Albany    56 Reviews

Over 3 years ago

I live relatively close to Albany, and I gotta say, its a great city. I think it has a lot of good places for food, good living spaces, nice jobs and offices, and I  More

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Over 5 years ago

I’ve lived just outside of Albany in Clifton Park and its always been decent for me. The town is nice and theres a lot to do. The prices are a little expensive including  More

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Over 5 years ago

Good place to retire. Walkable. Young people. Buses. Sidewalks. Feel safe here in Whitehall neighborhood. Plenty to do. Taxes in ny are high,but you get what you pay  More

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