2025 Compare Cities Economy:
Nantucket, MA vs Panama City Beach, FL

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Highlights
- Household income in Panama City Beach, is 40% less than it is in Nantucket and is 2% above the National Average.
- Nantucket unemployment rate is 14.8%.
- Panama City Beach unemployment rate is 4.5%.
 Nantucket, MAPanama City Beach, FLUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock2.0%1.6%
 Future Job Growth38.5%  Unlock33.5%
 Sales Taxes6.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$52,324  Unlock$37,638
 Household Income  Unlock$70,131$69,021
 Family Median Income$121,538  Unlock$85,028
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 Est. Households By Income
 Nantucket, MAPanama City Beach, FLUnited States
 Income Less Than 15K  Unlock5.1%9.4%
 Income between 15K and 20K2.2%  Unlock3.8%
 Income between 20K and 30K  Unlock6.6%8.1%
 Income between 30K and 40K5.9%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K7.6%  Unlock7.2%
 Income between 60K and 75K  Unlock18.6%9.6%
 Income between 75K and 100K7.3%  Unlock12.8%
 Income between 100K and 150K  Unlock14.3%16.3%
 Income between 150K and 200K15.5%  Unlock7.8%
 Income greater than 200K  Unlock6.6%9.5%
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 Population By Occupation
 Nantucket, MAPanama City Beach, FLUnited States
 Management, business, finance19.7%  Unlock16.4%
 Engineering, computers, science  Unlock5.6%6.5%
 Community, social services1.3%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library6.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock1.1%3.3%
 Firefighters, law enforcement2.5%  Unlock2.1%
 Food preparation, serving  Unlock9.5%5.4%
 Building maintenance5.3%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support12.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair17.8%  Unlock8.1%
 Production, transportation, material moving  Unlock5.5%13.1%
Reviews for Nantucket    0 Reviews

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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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