2024 Compare Cities Economy:
Palm Bay, FL vs Hilton Head Island, SC

Change Cities
Highlights
- Household income in Hilton Head Island, is 57% more than it is in Palm Bay and is 21% above the National Average.
- Palm Bay unemployment rate is 4.9%.
- Hilton Head Island unemployment rate is 3.4%.
 Palm Bay, FLHilton Head Island, SCUnited States
 Unemployment Rate4.9%3.4%6.0%
 Recent Job Growth1.9%1.6%1.6%
 Future Job Growth42.2%34.7%33.5%
 Sales Taxes7.0%6.0%6.2%
 Income Taxes0.0%7.0%4.6%
 Income per Cap.$27,695$61,752$37,638
 Household Income$55,963$87,884$69,021
 Family Median Income$63,148$113,515$85,028
 space
 Est. Households By Income
 Palm Bay, FLHilton Head Island, SCUnited States
 Income Less Than 15K7.7%4.8%9.4%
 Income between 15K and 20K4.3%2.9%3.8%
 Income between 20K and 30K11.2%8.5%8.1%
 Income between 30K and 40K10.9%7.2%8.0%
 Income between 40K and 50K9.6%6.0%7.6%
 Income between 50K and 60K11.1%6.5%7.2%
 Income between 60K and 75K12.8%8.3%9.6%
 Income between 75K and 100K13.3%11.5%12.8%
 Income between 100K and 150K12.2%14.9%16.3%
 Income between 150K and 200K3.3%9.9%7.8%
 Income greater than 200K3.7%19.4%9.5%
 space1
 Population By Occupation
 Palm Bay, FLHilton Head Island, SCUnited States
 Management, business, finance11.7%22.5%16.4%
 Engineering, computers, science7.2%5.5%6.5%
 Community, social services1.1%2.1%1.8%
 Legal0.3%2.1%1.2%
 Education, library5.2%4.2%6.2%
 Arts, design, media, sports, entertainment1.3%3.0%2.0%
 Healthcare practitioners and technology6.6%6.3%6.2%
 Healthcare support5.4%1.1%3.3%
 Firefighters, law enforcement1.3%0.8%2.1%
 Food preparation, serving6.8%10.0%5.4%
 Building maintenance4.3%4.6%3.6%
 Personal care2.0%2.9%2.6%
 Sales, office, administrative support24.1%20.1%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair10.1%6.2%8.1%
 Production, transportation, material moving12.5%8.5%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

   |    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

Reviews for Hilton Head Island    21 Reviews

Over 4 years ago

Unfortunately Beaufort county is full of transplanted northerners who do nothing but whine and cry about everything. They leave the north to come to the south and then  More

   |    Reply

We got a second home on Hilton Head Island 10 years ago to get away from the Canadian winter weather. It took about 3 days to realize this is where we want to be  More

   |    Reply

I have watched HHI change remarkably in the 40 years I have lived there. Development really started in 1979 and the early residents were explorers and drop outs who  More

   |    Reply

Start Your Review of Hilton Head Island


LEARN MORE ABOUT PALM BAY, FLORIDA
Overview
Cost of Living
Job Market
Crime
Climate
Economy
Religion
Voting

LEARN MORE ABOUT HILTON HEAD ISLAND, SOUTH CAROLINA
Overview
Cost of Living
Job Market
Crime
Climate
Economy
Religion
Voting

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.

Try Now


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

© Best Places. All rights reserved.