2025 Compare Cities Economy:
Red Bank, TN vs Palmetto, FL

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Highlights
- Household income in Palmetto, is 5% more than it is in Red Bank and is 36% below the National Average.
- Red Bank unemployment rate is 4.8%.
- Palmetto unemployment rate is 4.4%.
 Red Bank, TNPalmetto, FLUnited States
 Unemployment Rate  Unlock4.4%6.0%
 Recent Job Growth  Unlock2.4%1.6%
 Future Job Growth46.0%  Unlock33.5%
 Sales Taxes9.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$35,319  Unlock$37,638
 Household Income  Unlock$50,762$69,021
 Family Median Income$72,240  Unlock$85,028
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 Est. Households By Income
 Red Bank, TNPalmetto, FLUnited States
 Income Less Than 15K  Unlock12.7%9.4%
 Income between 15K and 20K4.9%  Unlock3.8%
 Income between 20K and 30K  Unlock10.9%8.1%
 Income between 30K and 40K12.3%  Unlock8.0%
 Income between 40K and 50K  Unlock12.3%7.6%
 Income between 50K and 60K8.4%  Unlock7.2%
 Income between 60K and 75K  Unlock8.4%9.6%
 Income between 75K and 100K13.2%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock6.4%9.5%
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 Population By Occupation
 Red Bank, TNPalmetto, FLUnited States
 Management, business, finance15.4%  Unlock16.4%
 Engineering, computers, science  Unlock2.0%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library6.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.3%2.0%
 Healthcare practitioners and technology6.2%  Unlock6.2%
 Healthcare support  Unlock2.5%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock5.8%5.4%
 Building maintenance3.6%  Unlock3.6%
 Personal care  Unlock2.2%2.6%
 Sales, office, administrative support24.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock3.1%0.6%
 Construction, extraction, maintenance/repair9.9%  Unlock8.1%
 Production, transportation, material moving  Unlock11.9%13.1%
Reviews for Red Bank    1 Reviews

Over 19 years ago

Definately 4 seasons, but mild winters. Summers comparable to St.  More

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Reviews for Palmetto    3 Reviews

Over 14 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 18 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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