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2024 Compare Cities Economy:
Otsego, MN vs Panama City, FL

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Highlights
- Household income in Panama City, is 55% less than it is in Otsego and is 34% below the National Average.
- Otsego unemployment rate is 4.5%.
- Panama City unemployment rate is 5.3%.

Economy
 Otsego, MNPanama City, FLUnited States
 Unemployment Rate4.5%5.3%6.0%
 Recent Job Growth1.8%2.0%1.6%
 Future Job Growth36.1%27.2%33.5%
 Sales Taxes7.4%7.0%6.2%
 Income Taxes7.1%0.0%4.6%
 Income per Cap.$40,138$30,862$37,638
 Household Income$114,087$51,569$69,021
 Family Median Income$124,058$65,578$85,028
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 Est. Households By Income
 Otsego, MNPanama City, FLUnited States
 Income Less Than 15K1.2%13.2%9.4%
 Income between 15K and 20K0.0%4.2%3.8%
 Income between 20K and 30K0.9%11.8%8.1%
 Income between 30K and 40K6.0%8.9%8.0%
 Income between 40K and 50K2.6%10.1%7.6%
 Income between 50K and 60K3.0%9.1%7.2%
 Income between 60K and 75K10.6%10.3%9.6%
 Income between 75K and 100K17.9%14.2%12.8%
 Income between 100K and 150K28.9%10.2%16.3%
 Income between 150K and 200K20.7%3.8%7.8%
 Income greater than 200K8.2%4.1%9.5%
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 Population By Occupation
 Otsego, MNPanama City, FLUnited States
 Management, business, finance23.3%13.3%16.4%
 Engineering, computers, science8.5%6.2%6.5%
 Community, social services1.5%1.2%1.8%
 Legal0.1%1.4%1.2%
 Education, library4.0%5.8%6.2%
 Arts, design, media, sports, entertainment0.4%1.5%2.0%
 Healthcare practitioners and technology7.0%7.9%6.2%
 Healthcare support2.2%1.7%3.3%
 Firefighters, law enforcement0.7%1.1%2.1%
 Food preparation, serving4.0%9.0%5.4%
 Building maintenance3.5%5.0%3.6%
 Personal care1.5%2.6%2.6%
 Sales, office, administrative support20.4%22.1%20.9%
 Farming, fishing, forestry0.4%0.2%0.6%
 Construction, extraction, maintenance/repair12.5%9.8%8.1%
 Production, transportation, material moving10.0%11.4%13.1%

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Reviews for Otsego    2 Reviews

Over 10 years ago

weather is terrible here. it's either too cold or too  More

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Over 18 years ago

Great ex-urban twin cities community wth very low taxes due to the fact we're a rural community. Average lot size is 2  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 OTSEGO, MINNESOTA
No Zip Codes Here.
ZIPS IN PANAMA CITY, FLORIDA
32405 32401

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