2025 Compare Cities Economy:
Panama City, FL vs Lake Ridge, VA

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Highlights
- Household income in Lake Ridge, is 111% more than it is in Panama City and is 36% above the National Average.
- Panama City unemployment rate is 5.3%.
- Lake Ridge unemployment rate is 5.2%.
 Panama City, FLLake Ridge, VAUnited States
 Unemployment Rate  Unlock5.2%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth27.2%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$30,862  Unlock$37,638
 Household Income  Unlock$108,654$69,021
 Family Median Income$65,578  Unlock$85,028
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 Est. Households By Income
 Panama City, FLLake Ridge, VAUnited States
 Income Less Than 15K  Unlock2.8%9.4%
 Income between 15K and 20K4.2%  Unlock3.8%
 Income between 20K and 30K  Unlock4.0%8.1%
 Income between 30K and 40K8.9%  Unlock8.0%
 Income between 40K and 50K  Unlock3.7%7.6%
 Income between 50K and 60K9.1%  Unlock7.2%
 Income between 60K and 75K  Unlock6.9%9.6%
 Income between 75K and 100K14.2%  Unlock12.8%
 Income between 100K and 150K  Unlock27.7%16.3%
 Income between 150K and 200K3.8%  Unlock7.8%
 Income greater than 200K  Unlock15.1%9.5%
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 Population By Occupation
 Panama City, FLLake Ridge, VAUnited States
 Management, business, finance13.3%  Unlock16.4%
 Engineering, computers, science  Unlock10.8%6.5%
 Community, social services1.2%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library5.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.1%2.0%
 Healthcare practitioners and technology7.9%  Unlock6.2%
 Healthcare support  Unlock2.2%3.3%
 Firefighters, law enforcement1.1%  Unlock2.1%
 Food preparation, serving  Unlock4.4%5.4%
 Building maintenance5.0%  Unlock3.6%
 Personal care  Unlock3.8%2.6%
 Sales, office, administrative support22.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair9.8%  Unlock8.1%
 Production, transportation, material moving  Unlock7.2%13.1%
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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Reviews for Lake Ridge    3 Reviews

Over 11 years ago

The cost of living in this area is outright ridiculous. I can't wait to move. There is a lot of crime. There is a lot of traffic. The people drive like they are the  More

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Over 13 years ago

Nothing  More

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Over 19 years ago

The cost of living in Lake Ridge is quite high though not as high as the Washington DC area. Washington is about 30 miles from Lake Ridge and easily accessible by  More

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