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

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Highlights
- Household income in Lake City, is 57% less than it is in Palm City and is 59% below the National Average.
- Palm City unemployment rate is 4.1%.
- Lake City unemployment rate is 4.9%.
 Palm City, FLLake City, FLUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth40.3%  Unlock33.5%
 Sales Taxes6.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$56,570  Unlock$37,638
 Household Income  Unlock$43,396$69,021
 Family Median Income$120,251  Unlock$85,028
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 Est. Households By Income
 Palm City, FLLake City, FLUnited States
 Income Less Than 15K  Unlock19.0%9.4%
 Income between 15K and 20K1.4%  Unlock3.8%
 Income between 20K and 30K  Unlock15.3%8.1%
 Income between 30K and 40K5.8%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K5.2%  Unlock7.2%
 Income between 60K and 75K  Unlock9.3%9.6%
 Income between 75K and 100K12.7%  Unlock12.8%
 Income between 100K and 150K  Unlock8.9%16.3%
 Income between 150K and 200K9.6%  Unlock7.8%
 Income greater than 200K  Unlock3.4%9.5%
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 Population By Occupation
 Palm City, FLLake City, FLUnited States
 Management, business, finance22.1%  Unlock16.4%
 Engineering, computers, science  Unlock5.9%6.5%
 Community, social services2.1%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.8%2.0%
 Healthcare practitioners and technology9.2%  Unlock6.2%
 Healthcare support  Unlock6.1%3.3%
 Firefighters, law enforcement3.7%  Unlock2.1%
 Food preparation, serving  Unlock8.8%5.4%
 Building maintenance1.4%  Unlock3.6%
 Personal care  Unlock3.2%2.6%
 Sales, office, administrative support25.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.7%  Unlock8.1%
 Production, transportation, material moving  Unlock13.3%13.1%
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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Reviews for Lake City    6 Reviews

I have been here 7 years and until Covid hit, I thought is was okay despite a large number of Confederate flags. Covid brought the worst in people. I have been  More

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Over 16 years ago

You can always build a place of worship or build Jewish community. The Muslims just build their place of worship here and many Christians have their churches. Why  More

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I have lived all over the country from Missouri, Pennsylvania, and have finally found my niche here in Lake City, Florida. I love it here, and with the church I  More

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