2025 Compare Cities Economy:
Ocala, FL vs Panama City, FL

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Highlights
- Household income in Panama City, is 10% more than it is in Ocala and is 34% below the National Average.
- Ocala unemployment rate is 5.6%.
- Panama City unemployment rate is 5.3%.
 Ocala, FLPanama City, FLUnited States
 Unemployment Rate  Unlock5.3%6.0%
 Recent Job Growth  Unlock2.0%1.6%
 Future Job Growth37.6%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$30,424  Unlock$37,638
 Household Income  Unlock$51,569$69,021
 Family Median Income$58,276  Unlock$85,028
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 Est. Households By Income
 Ocala, FLPanama City, FLUnited States
 Income Less Than 15K  Unlock13.2%9.4%
 Income between 15K and 20K6.1%  Unlock3.8%
 Income between 20K and 30K  Unlock11.8%8.1%
 Income between 30K and 40K12.8%  Unlock8.0%
 Income between 40K and 50K  Unlock10.1%7.6%
 Income between 50K and 60K8.0%  Unlock7.2%
 Income between 60K and 75K  Unlock10.3%9.6%
 Income between 75K and 100K10.1%  Unlock12.8%
 Income between 100K and 150K  Unlock10.2%16.3%
 Income between 150K and 200K2.9%  Unlock7.8%
 Income greater than 200K  Unlock4.1%9.5%
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 Population By Occupation
 Ocala, FLPanama City, FLUnited States
 Management, business, finance12.7%  Unlock16.4%
 Engineering, computers, science  Unlock6.2%6.5%
 Community, social services1.7%  Unlock1.8%
 Legal  Unlock1.4%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology7.4%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement3.2%  Unlock2.1%
 Food preparation, serving  Unlock9.0%5.4%
 Building maintenance5.3%  Unlock3.6%
 Personal care  Unlock2.6%2.6%
 Sales, office, administrative support24.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair6.2%  Unlock8.1%
 Production, transportation, material moving  Unlock11.4%13.1%
Reviews for Ocala    56 Reviews

My wife and I have lived in Ocala as retirees since 2014 and we love it here. It is definitely a place for retired folks. There is lots to do here for us. As for  More

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I lived here for 12 years during my 20's to early 30's. Raised my children and started careers. This place offered plenty of work, good neighbors and lots of memories.  More

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Over 3 years ago

I like this city, a small town and a lot to offer for adults between 30 to seniors. Now if you planing to move with teens is not for you, unless you coming from another  More

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Reviews for Panama City    20 Reviews

Over 3 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 4 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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