2025 Compare Cities Economy:
Palm Bay, FL vs Vero Beach, FL

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Highlights
- Household income in Vero Beach, is 3% less than it is in Palm Bay and is 27% below the National Average.
- Palm Bay unemployment rate is 4.9%.
- Vero Beach unemployment rate is 5.2%.
 Palm Bay, FLVero Beach, FLUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock1.8%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$54,311$69,021
 Family Median Income$63,148  Unlock$85,028
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 Est. Households By Income
 Palm Bay, FLVero Beach, FLUnited States
 Income Less Than 15K  Unlock11.8%9.4%
 Income between 15K and 20K4.3%  Unlock3.8%
 Income between 20K and 30K  Unlock12.6%8.1%
 Income between 30K and 40K10.9%  Unlock8.0%
 Income between 40K and 50K  Unlock7.2%7.6%
 Income between 50K and 60K11.1%  Unlock7.2%
 Income between 60K and 75K  Unlock8.4%9.6%
 Income between 75K and 100K13.3%  Unlock12.8%
 Income between 100K and 150K  Unlock12.2%16.3%
 Income between 150K and 200K3.3%  Unlock7.8%
 Income greater than 200K  Unlock11.5%9.5%
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 Population By Occupation
 Palm Bay, FLVero Beach, FLUnited States
 Management, business, finance11.7%  Unlock16.4%
 Engineering, computers, science  Unlock3.4%6.5%
 Community, social services1.1%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.9%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock2.3%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock3.7%5.4%
 Building maintenance4.3%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support24.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.6%0.6%
 Construction, extraction, maintenance/repair10.1%  Unlock8.1%
 Production, transportation, material moving  Unlock6.9%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 Vero Beach    22 Reviews

I grew up in Miami, BEFORE you had to wear a bullet proof vest to live there! I have lived in 9 other states and moved back to Fla over 2 years ago. First to Naples  More

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Over 13 years ago

Thanks for sharing fun facts about Vero Beach but more over: Let it be boring....no fun...no bars... After all...where ever the so called "fun" is... rest  More

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Over 13 years ago

relocating to vero beach, understand quite laid back, what to do, we enjoy endlessly, cards, majong, board games, semi formal dinner dances, are we in the right place,  More

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