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2024 Compare Cities Economy:
New Providence, NJ vs Panama City, FL

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Highlights
- Household income in Panama City, is 67% less than it is in New Providence and is 34% below the National Average.
- New Providence unemployment rate is 8.0%.
- Panama City unemployment rate is 5.3%.

Economy
 New Providence, NJPanama City, FLUnited States
 Unemployment Rate8.0%5.3%6.0%
 Recent Job Growth-0.7%2.0%1.6%
 Future Job Growth22.3%27.2%33.5%
 Sales Taxes6.6%7.0%6.2%
 Income Taxes5.5%0.0%4.6%
 Income per Cap.$73,225$30,862$37,638
 Household Income$155,370$51,569$69,021
 Family Median Income$179,838$65,578$85,028
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 Est. Households By Income
 New Providence, NJPanama City, FLUnited States
 Income Less Than 15K1.6%13.2%9.4%
 Income between 15K and 20K0.4%4.2%3.8%
 Income between 20K and 30K3.9%11.8%8.1%
 Income between 30K and 40K2.4%8.9%8.0%
 Income between 40K and 50K3.1%10.1%7.6%
 Income between 50K and 60K2.8%9.1%7.2%
 Income between 60K and 75K7.0%10.3%9.6%
 Income between 75K and 100K10.2%14.2%12.8%
 Income between 100K and 150K17.4%10.2%16.3%
 Income between 150K and 200K15.4%3.8%7.8%
 Income greater than 200K35.8%4.1%9.5%
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 Population By Occupation
 New Providence, NJPanama City, FLUnited States
 Management, business, finance29.0%13.3%16.4%
 Engineering, computers, science12.5%6.2%6.5%
 Community, social services1.1%1.2%1.8%
 Legal4.0%1.4%1.2%
 Education, library9.7%5.8%6.2%
 Arts, design, media, sports, entertainment5.6%1.5%2.0%
 Healthcare practitioners and technology5.1%7.9%6.2%
 Healthcare support0.9%1.7%3.3%
 Firefighters, law enforcement0.7%1.1%2.1%
 Food preparation, serving2.1%9.0%5.4%
 Building maintenance1.3%5.0%3.6%
 Personal care2.7%2.6%2.6%
 Sales, office, administrative support19.1%22.1%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair2.6%9.8%8.1%
 Production, transportation, material moving3.8%11.4%13.1%

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Reviews for New Providence    3 Reviews

Highest in the nation. Escape if you  More

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Over 15 years ago

New Providence, once an adorable, comfortable, quiet town is turning for the  More

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Over 16 years ago

We moved to New Providence last summer and it is one of the nicest places I have lived. Quiet, safe with great schools and great surrounding towns. It borders Chatham  More

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Reviews for Panama City    20 Reviews

Over 2 years ago

I moved here from Akron, OH back in 2007 and was expecting a huge city (similar to Miami), nope, I was wrong. It ended up being more like a backwards redneck town more  More

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Over 3 years ago

If you love bars, trailers, isolation, and generic shopping while feeling depressed then this is the place for you. Panama City has alot of shallow people, most red  More

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This review is from a 24 year resident moved from Michigan. When I first moved, I missed the bigger city things like a university, large library, electronics stores, and  More

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ZIPS IN NEW PROVIDENCE, NEW JERSEY
07974
ZIPS IN PANAMA CITY, FLORIDA
32405 32401

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