Home / Select Cities  /  2024 Comparing Panama City Beach, FL vs. Destin, FL

2024 Compare Cities Economy:
Panama City Beach, FL vs Destin, FL

Change Cities
Highlights
- Household income in Destin, is 17% more than it is in Panama City Beach and is 16% above the National Average.
- Panama City Beach unemployment rate is 4.5%.
- Destin unemployment rate is 4.0%.

Economy
 Panama City Beach, FLDestin, FLUnited States
 Unemployment Rate4.5%4.0%6.0%
 Recent Job Growth2.0%4.2%1.6%
 Future Job Growth34.3%46.2%33.5%
 Sales Taxes7.0%6.5%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$40,447$51,007$37,638
 Household Income$70,131$81,827$69,021
 Family Median Income$77,974$95,000$85,028
 space
 Est. Households By Income
 Panama City Beach, FLDestin, FLUnited States
 Income Less Than 15K5.1%5.9%9.4%
 Income between 15K and 20K2.8%3.5%3.8%
 Income between 20K and 30K6.6%5.0%8.1%
 Income between 30K and 40K8.3%8.7%8.0%
 Income between 40K and 50K5.8%7.2%7.6%
 Income between 50K and 60K8.2%8.6%7.2%
 Income between 60K and 75K18.6%7.5%9.6%
 Income between 75K and 100K12.9%15.1%12.8%
 Income between 100K and 150K14.3%18.0%16.3%
 Income between 150K and 200K10.7%9.0%7.8%
 Income greater than 200K6.6%11.5%9.5%
 space1
 Population By Occupation
 Panama City Beach, FLDestin, FLUnited States
 Management, business, finance17.4%21.4%16.4%
 Engineering, computers, science5.6%4.5%6.5%
 Community, social services0.5%1.8%1.8%
 Legal0.7%0.8%1.2%
 Education, library8.7%4.7%6.2%
 Arts, design, media, sports, entertainment1.3%1.9%2.0%
 Healthcare practitioners and technology7.3%5.3%6.2%
 Healthcare support1.1%2.1%3.3%
 Firefighters, law enforcement1.6%1.0%2.1%
 Food preparation, serving9.5%10.2%5.4%
 Building maintenance3.7%4.0%3.6%
 Personal care1.4%2.0%2.6%
 Sales, office, administrative support27.0%20.8%20.9%
 Farming, fishing, forestry0.0%1.7%0.6%
 Construction, extraction, maintenance/repair8.7%7.9%8.1%
 Production, transportation, material moving5.5%9.9%13.1%

View More Data >

Reviews for Panama City Beach    12 Reviews

Over 5 years ago

I've lived here since 2001 and have seen many changes, mainly for the good. Although in the last couple years, and even more so after Hurricane Michael the cost of  More

   |    Reply

Over 5 years ago

I loved this area until I heard the property owners/corporations increased peoples rents between 30% to 90% that were still recovering from last years  More

   |    Reply

Over 11 years ago

Pannama city lived in the neighboring area 6 years loved it . I think you expect to much from such a small town as for the papermill you either put up with the smell or  More

   |    Reply

Start Your Review of Panama City Beach

Reviews for Destin    14 Reviews

I find it amazing the place is rated one star - Yes the cost of housing is high especially as covid pushed more people to Florida. But living here is easy - three  More

   |    Reply

This tiny town is SO expensive. Unless you want a roach and mold infested place you will have to pay around $1800 or more and the “nice” places have reviews that scare  More

   |    Reply

I moved to Destin in 1987 when there was no development in the eastern part of town, only trees, beaches and a two lane road. I worked as a Sheriff's Deputy for over 30  More

   |    Reply

Start Your Review of Destin

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Panama City Beach, Florida Cost of Living vs Destin, Florida Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN PANAMA CITY BEACH, FLORIDA
32413 32407
ZIPS IN DESTIN, FLORIDA
32541

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now