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2024 Compare Cities Economy:
Panama City, FL vs Davison, MI

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Highlights
- Household income in Davison, is 6% less than it is in Panama City and is 43% below the National Average.
- Panama City unemployment rate is 5.3%.
- Davison unemployment rate is 7.1%.

Economy
 Panama City, FLDavison, MIUnited States
 Unemployment Rate5.3%7.1%6.0%
 Recent Job Growth2.0%0.4%1.6%
 Future Job Growth27.2%25.7%33.5%
 Sales Taxes7.0%6.0%6.2%
 Income Taxes0.0%4.3%4.6%
 Income per Cap.$30,862$27,623$37,638
 Household Income$51,569$48,390$69,021
 Family Median Income$65,578$60,938$85,028
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 Est. Households By Income
 Panama City, FLDavison, MIUnited States
 Income Less Than 15K13.2%20.3%9.4%
 Income between 15K and 20K4.2%7.0%3.8%
 Income between 20K and 30K11.8%11.0%8.1%
 Income between 30K and 40K8.9%6.7%8.0%
 Income between 40K and 50K10.1%6.9%7.6%
 Income between 50K and 60K9.1%12.0%7.2%
 Income between 60K and 75K10.3%7.5%9.6%
 Income between 75K and 100K14.2%9.9%12.8%
 Income between 100K and 150K10.2%13.8%16.3%
 Income between 150K and 200K3.8%4.5%7.8%
 Income greater than 200K4.1%0.4%9.5%
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 Population By Occupation
 Panama City, FLDavison, MIUnited States
 Management, business, finance13.3%9.6%16.4%
 Engineering, computers, science6.2%5.6%6.5%
 Community, social services1.2%4.8%1.8%
 Legal1.4%0.0%1.2%
 Education, library5.8%8.7%6.2%
 Arts, design, media, sports, entertainment1.5%1.8%2.0%
 Healthcare practitioners and technology7.9%2.7%6.2%
 Healthcare support1.7%1.4%3.3%
 Firefighters, law enforcement1.1%2.8%2.1%
 Food preparation, serving9.0%5.9%5.4%
 Building maintenance5.0%5.1%3.6%
 Personal care2.6%5.3%2.6%
 Sales, office, administrative support22.1%15.5%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair9.8%6.1%8.1%
 Production, transportation, material moving11.4%24.5%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 Davison    4 Reviews

I've been here since 1993 and have been trying to escape ever since. Be smart, don't move here. Davison High School is usually #2 or #3 in illegal drug usage for the  More

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Over 17 years ago

Great schools, nice city....but economy in general in michigan is poor right now. Don't expect much when it comes to jobs or selling any real estate right  More

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Over 18 years ago

My husband and our four children have lived here for twelve years it is a wonderful place to raise kids,also the schools are  More

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ZIPS IN PANAMA CITY, FLORIDA
32405 32401
ZIPS IN DAVISON, MICHIGAN
No Zip Codes Here.

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