2025 Compare Cities Economy:
Myrtle Beach, SC vs Panama City Beach, FL

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Highlights
- Household income in Panama City Beach, is 53% more than it is in Myrtle Beach and is 2% above the National Average.
- Myrtle Beach unemployment rate is 7.6%.
- Panama City Beach unemployment rate is 4.5%.
 Myrtle Beach, SCPanama City Beach, FLUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock2.0%1.6%
 Future Job Growth38.8%  Unlock33.5%
 Sales Taxes9.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$32,691  Unlock$37,638
 Household Income  Unlock$70,131$69,021
 Family Median Income$59,142  Unlock$85,028
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 Est. Households By Income
 Myrtle Beach, SCPanama City Beach, FLUnited States
 Income Less Than 15K  Unlock5.1%9.4%
 Income between 15K and 20K8.0%  Unlock3.8%
 Income between 20K and 30K  Unlock6.6%8.1%
 Income between 30K and 40K12.5%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K8.6%  Unlock7.2%
 Income between 60K and 75K  Unlock18.6%9.6%
 Income between 75K and 100K8.7%  Unlock12.8%
 Income between 100K and 150K  Unlock14.3%16.3%
 Income between 150K and 200K4.7%  Unlock7.8%
 Income greater than 200K  Unlock6.6%9.5%
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 Population By Occupation
 Myrtle Beach, SCPanama City Beach, FLUnited States
 Management, business, finance12.8%  Unlock16.4%
 Engineering, computers, science  Unlock5.6%6.5%
 Community, social services1.2%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library4.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology6.1%  Unlock6.2%
 Healthcare support  Unlock1.1%3.3%
 Firefighters, law enforcement2.1%  Unlock2.1%
 Food preparation, serving  Unlock9.5%5.4%
 Building maintenance6.8%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair13.2%  Unlock8.1%
 Production, transportation, material moving  Unlock5.5%13.1%
Reviews for Myrtle Beach    56 Reviews

Coming from Massachusetts and New York state, I loved the weather, beach and change of lifestyle. Being an outgoing friendly person I met some nice people here along  More

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We were looking for a new city, and Myrtle Beach had had enough press that we were curious to check it out. A 30something and 40something couple, both of us have  More

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If I could give 4.5 instead of 5 I would because Id like to see the traffic flow better with more red lights and see more money put in to landscaping the roadways and  More

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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

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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

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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

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