2025 Compare Cities Economy:
Palm Bay, FL vs Palm City, FL

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Highlights
- Household income in Palm City, is 82% more than it is in Palm Bay and is 32% above the National Average.
- Palm Bay unemployment rate is 4.9%.
- Palm City unemployment rate is 4.1%.
 Palm Bay, FLPalm City, FLUnited States
 Unemployment Rate  Unlock4.1%6.0%
 Recent Job Growth  Unlock2.1%1.6%
 Future Job Growth42.2%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$27,695  Unlock$37,638
 Household Income  Unlock$101,589$69,021
 Family Median Income$63,148  Unlock$85,028
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 Est. Households By Income
 Palm Bay, FLPalm City, FLUnited States
 Income Less Than 15K  Unlock5.2%9.4%
 Income between 15K and 20K4.3%  Unlock3.8%
 Income between 20K and 30K  Unlock7.0%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock4.5%7.6%
 Income between 50K and 60K11.1%  Unlock7.2%
 Income between 60K and 75K  Unlock7.3%9.6%
 Income between 75K and 100K13.3%  Unlock12.8%
 Income between 100K and 150K  Unlock24.4%16.3%
 Income between 150K and 200K3.3%  Unlock7.8%
 Income greater than 200K  Unlock16.9%9.5%
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 Population By Occupation
 Palm Bay, FLPalm City, FLUnited States
 Management, business, finance11.7%  Unlock16.4%
 Engineering, computers, science  Unlock7.9%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.8%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock2.5%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock4.4%5.4%
 Building maintenance4.3%  Unlock3.6%
 Personal care  Unlock2.0%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  Unlock6.3%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 Palm City    6 Reviews

Over 4 years ago

Palm City has grown over the last 9 years that we've lived here. It is definitely becoming more crowded. Some dislike this progress because it increases traffic, longer  More

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Over 17 years ago

Palm City Schools are better than any of the private schools I attended. The teachers and faculty show genuine care at every level. "Character Counts" is a campaign that  More

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Over 19 years ago

A great little town to live in for both retired and still working people and families. The best schools, a variety of churches, many glof courses, and handy location  More

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