2025 Compare Cities Economy:
Franklin, NC vs Panama City Beach, FL

Change Cities
Highlights
- Household income in Panama City Beach, is 94% more than it is in Franklin and is 2% above the National Average.
- Franklin unemployment rate is 4.2%.
- Panama City Beach unemployment rate is 4.5%.
 Franklin, NCPanama City Beach, FLUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock2.0%1.6%
 Future Job Growth30.4%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$24,593  Unlock$37,638
 Household Income  Unlock$70,131$69,021
 Family Median Income$55,647  Unlock$85,028
 space
 Est. Households By Income
 Franklin, NCPanama City Beach, FLUnited States
 Income Less Than 15K  Unlock5.1%9.4%
 Income between 15K and 20K8.6%  Unlock3.8%
 Income between 20K and 30K  Unlock6.6%8.1%
 Income between 30K and 40K17.0%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K4.5%  Unlock7.2%
 Income between 60K and 75K  Unlock18.6%9.6%
 Income between 75K and 100K10.5%  Unlock12.8%
 Income between 100K and 150K  Unlock14.3%16.3%
 Income between 150K and 200K1.8%  Unlock7.8%
 Income greater than 200K  Unlock6.6%9.5%
 space1
 Population By Occupation
 Franklin, NCPanama City Beach, FLUnited States
 Management, business, finance13.0%  Unlock16.4%
 Engineering, computers, science  Unlock5.6%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library3.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology3.0%  Unlock6.2%
 Healthcare support  Unlock1.1%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock9.5%5.4%
 Building maintenance11.1%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support17.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair12.5%  Unlock8.1%
 Production, transportation, material moving  Unlock5.5%13.1%
Reviews for Franklin    4 Reviews

Great mountain town. Friendly people and lots to do.  More

   |    Reply

Over 10 years ago

I agree with some of the posts on here saying that Franklin is more than willing to take your money, but it's difficult to fit in if you 'aren't from around here, are  More

   |    Reply

Franklin will welcome you if you are a vacationer but move here and it is a whole different story. We are one of those families that would vacation here every year and  More

   |    Reply

Start Your Review of Franklin

Reviews for Panama City Beach    12 Reviews

Over 6 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 6 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 12 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


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.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.