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2024 Compare Cities Economy:
Palmetto, FL vs Ocala, FL

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Highlights
- Household income in Ocala, is 8% less than it is in Palmetto and is 47% below the National Average.
- Palmetto unemployment rate is 4.4%.
- Ocala unemployment rate is 5.6%.

Economy
 Palmetto, FLOcala, FLUnited States
 Unemployment Rate4.4%5.6%6.0%
 Recent Job Growth2.4%2.3%1.6%
 Future Job Growth45.1%37.6%33.5%
 Sales Taxes7.0%7.0%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$29,252$30,424$37,638
 Household Income$50,762$46,841$69,021
 Family Median Income$58,996$58,276$85,028
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 Est. Households By Income
 Palmetto, FLOcala, FLUnited States
 Income Less Than 15K12.7%13.1%9.4%
 Income between 15K and 20K4.5%6.1%3.8%
 Income between 20K and 30K10.9%11.3%8.1%
 Income between 30K and 40K8.9%12.8%8.0%
 Income between 40K and 50K12.3%9.8%7.6%
 Income between 50K and 60K10.1%8.0%7.2%
 Income between 60K and 75K8.4%9.2%9.6%
 Income between 75K and 100K10.8%10.1%12.8%
 Income between 100K and 150K11.7%11.5%16.3%
 Income between 150K and 200K3.1%2.9%7.8%
 Income greater than 200K6.4%5.3%9.5%
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 Population By Occupation
 Palmetto, FLOcala, FLUnited States
 Management, business, finance13.4%12.7%16.4%
 Engineering, computers, science2.0%5.4%6.5%
 Community, social services2.0%1.7%1.8%
 Legal1.0%1.5%1.2%
 Education, library7.5%5.6%6.2%
 Arts, design, media, sports, entertainment3.3%1.6%2.0%
 Healthcare practitioners and technology2.0%7.4%6.2%
 Healthcare support2.5%2.7%3.3%
 Firefighters, law enforcement4.8%3.2%2.1%
 Food preparation, serving5.8%6.8%5.4%
 Building maintenance5.4%5.3%3.6%
 Personal care2.2%2.6%2.6%
 Sales, office, administrative support20.5%24.9%20.9%
 Farming, fishing, forestry3.1%0.4%0.6%
 Construction, extraction, maintenance/repair12.5%6.2%8.1%
 Production, transportation, material moving11.9%12.2%13.1%

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Reviews for Palmetto    3 Reviews

Over 13 years ago

Best bet for Florida living is newer bedroom communities. Closer to inland parks for canoe and kayak, but a quick drive to the shore. There's not a safe city in the  More

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I am a 40yr old single female who moved to Palmetto about 6 years ago. Since I have been here, I have seen the change in the town. Despite a bad economy, Palmetto  More

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Over 17 years ago

My husband and I are moving from this area because the schools are more than poor. With almost no after school activites or diverse educational choices. If you child  More

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Reviews for Ocala    56 Reviews

My wife and I have lived in Ocala as retirees since 2014 and we love it here. It is definitely a place for retired folks. There is lots to do here for us. As for  More

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I lived here for 12 years during my 20's to early 30's. Raised my children and started careers. This place offered plenty of work, good neighbors and lots of memories.  More

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Over 2 years ago

I like this city, a small town and a lot to offer for adults between 30 to seniors. Now if you planing to move with teens is not for you, unless you coming from another  More

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ZIPS IN PALMETTO, FLORIDA
34221
ZIPS IN OCALA, FLORIDA
34471 34482 34470 34480 34481 34474 34479 34475

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