Economy in Panama City, Florida
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Economy
| Unemployment Rate | 10.80% | 9.10% |
| Recent Job Growth | 0.87% | -0.12% |
| Future Job Growth | 30.94% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $23,418 | $27,067 |
| Household Income | $40,349 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.95% | 12.10% |
| Income between 15K and 25K | 12.62% | 10.18% |
| Income between 25K and 35K | 12.61% | 10.56% |
| Income between 35K and 50K | 15.90% | 14.98% |
| Income between 50K and 75K | 18.56% | 19.53% |
| Income between 75K and 100K | 10.25% | 12.52% |
| Income between 100K and 150K | 7.30% | 12.14% |
| Income between 150K and 250K | 1.94% | 3.91% |
| Income between 250K and 500K | 1.44% | 3.34% |
| Income greater than 500K | 0.44% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.19% | 13.81% |
| Professional and Related Occupations | 22.79% | 22.68% |
| Service | 16.62% | 14.51% |
| Sales and Office | 25.23% | 25.22% |
| Farming, Fishing, and Forestry | 0.11% | 0.68% |
| Construction, Extraction, and Maintenance | 8.75% | 9.37% |
| Production, Transportation, and Material Moving | 11.70% | 15.86% |
The unemployment rate in Panama City, FL, is 10.80%, with job growth of 0.87%. Future job growth over the next ten years is predicted to be 30.94%.
Panama City, FL Taxes
Panama City, FL,sales tax rate is 6.50%. Income tax is 0.00%.
Panama City, FL Income and Salaries
The income per capita is $23,418, which includes all adults and children. The median household income is $40,349.
Panama City Economy SperlingViews
economy: This is a different Florida. This area they call South Alabama or the Red Neck Riviera. Very kick back and a long beautiful beach.... (read more)Unemployment >5%: > 5% Unemployment with very low... (read more)Panama City nice but...: I have lived in Panama City for a year now and it is a beautiful area. PROBLEM IS... wages are too low for the cost of living. Houses are 250k plus for a modest... (read more)Have an opinion about Panama City? Leave a commentTo See All SperlingViews for Panama City Click Here
