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2024 Compare Cities Economy:
Hilton Head Island, SC vs Panama City Beach, FL

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Highlights
- Household income in Panama City Beach, is 20% less than it is in Hilton Head Island and is 2% above the National Average.
- Hilton Head Island unemployment rate is 3.4%.
- Panama City Beach unemployment rate is 4.5%.

Economy
 Hilton Head Island, SCPanama City Beach, FLUnited States
 Unemployment Rate3.4%4.5%6.0%
 Recent Job Growth1.6%2.0%1.6%
 Future Job Growth34.7%34.3%33.5%
 Sales Taxes6.0%7.0%6.2%
 Income Taxes7.0%0.0%4.6%
 Income per Cap.$61,752$40,447$37,638
 Household Income$87,884$70,131$69,021
 Family Median Income$113,515$77,974$85,028
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 Est. Households By Income
 Hilton Head Island, SCPanama City Beach, FLUnited States
 Income Less Than 15K4.8%5.1%9.4%
 Income between 15K and 20K2.9%2.8%3.8%
 Income between 20K and 30K8.5%6.6%8.1%
 Income between 30K and 40K7.2%8.3%8.0%
 Income between 40K and 50K6.0%5.8%7.6%
 Income between 50K and 60K6.5%8.2%7.2%
 Income between 60K and 75K8.3%18.6%9.6%
 Income between 75K and 100K11.5%12.9%12.8%
 Income between 100K and 150K14.9%14.3%16.3%
 Income between 150K and 200K9.9%10.7%7.8%
 Income greater than 200K19.4%6.6%9.5%
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 Population By Occupation
 Hilton Head Island, SCPanama City Beach, FLUnited States
 Management, business, finance22.5%17.4%16.4%
 Engineering, computers, science5.5%5.6%6.5%
 Community, social services2.1%0.5%1.8%
 Legal2.1%0.7%1.2%
 Education, library4.2%8.7%6.2%
 Arts, design, media, sports, entertainment3.0%1.3%2.0%
 Healthcare practitioners and technology6.3%7.3%6.2%
 Healthcare support1.1%1.1%3.3%
 Firefighters, law enforcement0.8%1.6%2.1%
 Food preparation, serving10.0%9.5%5.4%
 Building maintenance4.6%3.7%3.6%
 Personal care2.9%1.4%2.6%
 Sales, office, administrative support20.1%27.0%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair6.2%8.7%8.1%
 Production, transportation, material moving8.5%5.5%13.1%

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Reviews for Hilton Head Island    21 Reviews

Over 4 years ago

Unfortunately Beaufort county is full of transplanted northerners who do nothing but whine and cry about everything. They leave the north to come to the south and then  More

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We got a second home on Hilton Head Island 10 years ago to get away from the Canadian winter weather. It took about 3 days to realize this is where we want to be  More

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I have watched HHI change remarkably in the 40 years I have lived there. Development really started in 1979 and the early residents were explorers and drop outs who  More

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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

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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

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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

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ZIPS IN HILTON HEAD ISLAND, SOUTH CAROLINA
29926 29928
ZIPS IN PANAMA CITY BEACH, FLORIDA
32413 32407

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