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2024 Compare Cities Economy:
Panama City, FL vs Cape Coral, FL

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Highlights
- Household income in Cape Coral, is 27% more than it is in Panama City and is 6% below the National Average.
- Panama City unemployment rate is 5.3%.
- Cape Coral unemployment rate is 4.6%.

Economy
 Panama City, FLCape Coral, FLUnited States
 Unemployment Rate5.3%4.6%6.0%
 Recent Job Growth2.0%1.9%1.6%
 Future Job Growth27.2%41.0%33.5%
 Sales Taxes7.0%6.5%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$30,862$34,586$37,638
 Household Income$51,569$65,282$69,021
 Family Median Income$65,578$74,656$85,028
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 Est. Households By Income
 Panama City, FLCape Coral, FLUnited States
 Income Less Than 15K13.2%7.6%9.4%
 Income between 15K and 20K4.2%2.3%3.8%
 Income between 20K and 30K11.8%8.7%8.1%
 Income between 30K and 40K8.9%8.5%8.0%
 Income between 40K and 50K10.1%9.1%7.6%
 Income between 50K and 60K9.1%9.4%7.2%
 Income between 60K and 75K10.3%11.2%9.6%
 Income between 75K and 100K14.2%15.4%12.8%
 Income between 100K and 150K10.2%17.2%16.3%
 Income between 150K and 200K3.8%5.4%7.8%
 Income greater than 200K4.1%5.2%9.5%
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 Population By Occupation
 Panama City, FLCape Coral, FLUnited States
 Management, business, finance13.3%13.7%16.4%
 Engineering, computers, science6.2%4.1%6.5%
 Community, social services1.2%0.8%1.8%
 Legal1.4%0.8%1.2%
 Education, library5.8%4.2%6.2%
 Arts, design, media, sports, entertainment1.5%1.6%2.0%
 Healthcare practitioners and technology7.9%6.6%6.2%
 Healthcare support1.7%2.5%3.3%
 Firefighters, law enforcement1.1%2.2%2.1%
 Food preparation, serving9.0%7.4%5.4%
 Building maintenance5.0%5.0%3.6%
 Personal care2.6%3.0%2.6%
 Sales, office, administrative support22.1%26.0%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair9.8%11.0%8.1%
 Production, transportation, material moving11.4%10.9%13.1%

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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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Reviews for Cape Coral    48 Reviews

95% of Cape Coral is a lifeless & soulless money-making area, yet the local hypocrisy goes as far as blaming every issue on the recent hurricane, which one has literally  More

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Over 6 years ago

I moved to the area from Bradenton/Sarasota area. Lived here since 2003. My youngest has been in day care all the way to a sophomore in high school now. Schools are  More

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Over 9 years ago

Growing community with lots of land.   More

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ZIPS IN PANAMA CITY, FLORIDA
32405 32401
ZIPS IN CAPE CORAL, FLORIDA
33914 33990 33904 33909 33993 33991

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