2025 Compare Cities Economy:
Palm Bay, FL vs Minneapolis, MN

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Highlights
- Household income in Minneapolis, is 25% more than it is in Palm Bay and is 2% above the National Average.
- Palm Bay unemployment rate is 4.9%.
- Minneapolis unemployment rate is 4.5%.
 Palm Bay, FLMinneapolis, MNUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth42.2%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$27,695  Unlock$37,638
 Household Income  Unlock$70,099$69,021
 Family Median Income$63,148  Unlock$85,028
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 Est. Households By Income
 Palm Bay, FLMinneapolis, MNUnited States
 Income Less Than 15K  Unlock11.3%9.4%
 Income between 15K and 20K4.3%  Unlock3.8%
 Income between 20K and 30K  Unlock7.3%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock7.1%7.6%
 Income between 50K and 60K11.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K13.3%  Unlock12.8%
 Income between 100K and 150K  Unlock15.9%16.3%
 Income between 150K and 200K3.3%  Unlock7.8%
 Income greater than 200K  Unlock10.3%9.5%
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 Population By Occupation
 Palm Bay, FLMinneapolis, MNUnited States
 Management, business, finance11.7%  Unlock16.4%
 Engineering, computers, science  Unlock10.4%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock2.0%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.8%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock6.4%5.4%
 Building maintenance4.3%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support24.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair10.1%  Unlock8.1%
 Production, transportation, material moving  Unlock9.1%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 Minneapolis    163 Reviews

Lived here since 2007. Great city. I would’ve gave it 5 stars but the winter weather ??. Great for many, I’m burned out on it. We’re the coldest major city in the US and  More

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It’s not Minnesota nice, it’s sardonic.. we know you’re full of **** but we will play along for a while, make you uncomfortable for attempting to pull one over on us..  More

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Over 4 years ago

I lived in Minneapolis (or St. Paul or Stillwater) for 20 years. Minneapolis is a very livable city. It has quality museums, good transportation, excellent healthcare,  More

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