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2024 Compare Cities Economy:
Palmetto Bay, FL vs Cape Coral, FL

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Highlights
- Household income in Cape Coral, is 50% less than it is in Palmetto Bay and is 6% below the National Average.
- Palmetto Bay unemployment rate is 8.2%.
- Cape Coral unemployment rate is 4.6%.

Economy
 Palmetto Bay, FLCape Coral, FLUnited States
 Unemployment Rate8.2%4.6%6.0%
 Recent Job Growth0.8%1.9%1.6%
 Future Job Growth38.0%41.0%33.5%
 Sales Taxes7.0%6.5%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$60,121$34,586$37,638
 Household Income$131,605$65,282$69,021
 Family Median Income$145,824$74,656$85,028
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 Est. Households By Income
 Palmetto Bay, FLCape Coral, FLUnited States
 Income Less Than 15K2.9%7.6%9.4%
 Income between 15K and 20K1.4%2.3%3.8%
 Income between 20K and 30K6.1%8.7%8.1%
 Income between 30K and 40K4.9%8.5%8.0%
 Income between 40K and 50K4.6%9.1%7.6%
 Income between 50K and 60K4.7%9.4%7.2%
 Income between 60K and 75K4.0%11.2%9.6%
 Income between 75K and 100K9.6%15.4%12.8%
 Income between 100K and 150K18.2%17.2%16.3%
 Income between 150K and 200K13.2%5.4%7.8%
 Income greater than 200K30.5%5.2%9.5%
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 Population By Occupation
 Palmetto Bay, FLCape Coral, FLUnited States
 Management, business, finance27.1%13.7%16.4%
 Engineering, computers, science6.1%4.1%6.5%
 Community, social services0.8%0.8%1.8%
 Legal5.6%0.8%1.2%
 Education, library8.3%4.2%6.2%
 Arts, design, media, sports, entertainment1.5%1.6%2.0%
 Healthcare practitioners and technology8.9%6.6%6.2%
 Healthcare support0.6%2.5%3.3%
 Firefighters, law enforcement2.4%2.2%2.1%
 Food preparation, serving2.9%7.4%5.4%
 Building maintenance2.3%5.0%3.6%
 Personal care2.5%3.0%2.6%
 Sales, office, administrative support21.2%26.0%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair3.1%11.0%8.1%
 Production, transportation, material moving6.6%10.9%13.1%

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Reviews for Palmetto Bay    2 Reviews

My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,  More

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My family and I recently went to Deering Estate for an afternoon picnic and had an excellent time. We brought in all types of food and drink, we brought a lg blanket,  More

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Reviews for Cape Coral    48 Reviews

95% of Cape Coral is a lifeless & soulless money-making area, yet the local hypocrisy goes as far as blaming every issue on the recent hurricane, which one has literally  More

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Over 6 years ago

I moved to the area from Bradenton/Sarasota area. Lived here since 2003. My youngest has been in day care all the way to a sophomore in high school now. Schools are  More

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Over 9 years ago

Growing community with lots of land.   More

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ZIPS IN PALMETTO BAY, FLORIDA
33157 33158
ZIPS IN CAPE CORAL, FLORIDA
33914 33990 33904 33909 33993 33991

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