2025 Compare Cities Economy:
Panama City, FL vs McDonough, GA

Change Cities
Highlights
- Household income in McDonough, is 42% more than it is in Panama City and is 6% above the National Average.
- Panama City unemployment rate is 5.3%.
- McDonough unemployment rate is 6.6%.
 Panama City, FLMcDonough, GAUnited States
 Unemployment Rate  Unlock6.6%6.0%
 Recent Job Growth  Unlock2.9%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$73,215$69,021
 Family Median Income$65,578  Unlock$85,028
 space
 Est. Households By Income
 Panama City, FLMcDonough, GAUnited States
 Income Less Than 15K  Unlock6.9%9.4%
 Income between 15K and 20K4.2%  Unlock3.8%
 Income between 20K and 30K  Unlock8.5%8.1%
 Income between 30K and 40K8.9%  Unlock8.0%
 Income between 40K and 50K  Unlock6.7%7.6%
 Income between 50K and 60K9.1%  Unlock7.2%
 Income between 60K and 75K  Unlock12.7%9.6%
 Income between 75K and 100K14.2%  Unlock12.8%
 Income between 100K and 150K  Unlock19.1%16.3%
 Income between 150K and 200K3.8%  Unlock7.8%
 Income greater than 200K  Unlock6.0%9.5%
 space1
 Population By Occupation
 Panama City, FLMcDonough, GAUnited States
 Management, business, finance13.3%  Unlock16.4%
 Engineering, computers, science  Unlock2.4%6.5%
 Community, social services1.2%  Unlock1.8%
 Legal  Unlock0.4%1.2%
 Education, library5.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology7.9%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement1.1%  Unlock2.1%
 Food preparation, serving  Unlock5.8%5.4%
 Building maintenance5.0%  Unlock3.6%
 Personal care  Unlock5.6%2.6%
 Sales, office, administrative support22.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.3%0.6%
 Construction, extraction, maintenance/repair9.8%  Unlock8.1%
 Production, transportation, material moving  Unlock22.0%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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Panama City

Reviews for Mcdonough    11 Reviews

Great place to live and u Union grove schools are great. There’s plenty of things to do with a short 30 min drive to Atlanta and traffic is nothing like New York ,  More

   |    Reply

When I moved here a few years ago from the northeast, I was hoping to live the rest of my life in McDonough. I love the warmer climate, especially our spring and fall  More

   |    Reply

Over 6 years ago

I’ve lived here for 4 years. There is nothing to do outside of eat food, watch a movie, or go bowling. There is nothing else to do. Lots of shopping so if you wanna  More

   |    Reply

Start Your Review of Mcdonough


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.