2025 Compare Cities Economy:
Panama City, FL vs Montgomery Village, MD

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Highlights
- Household income in Montgomery Village, is 64% more than it is in Panama City and is 18% above the National Average.
- Panama City unemployment rate is 5.3%.
- Montgomery Village unemployment rate is 5.7%.
 Panama City, FLMontgomery Village, MDUnited States
 Unemployment Rate  Unlock5.7%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth27.2%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock8.0%4.6%
 Income per Cap.$30,862  Unlock$37,638
 Household Income  Unlock$84,362$69,021
 Family Median Income$65,578  Unlock$85,028
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 Est. Households By Income
 Panama City, FLMontgomery Village, MDUnited States
 Income Less Than 15K  Unlock7.7%9.4%
 Income between 15K and 20K4.2%  Unlock3.8%
 Income between 20K and 30K  Unlock6.2%8.1%
 Income between 30K and 40K8.9%  Unlock8.0%
 Income between 40K and 50K  Unlock6.0%7.6%
 Income between 50K and 60K9.1%  Unlock7.2%
 Income between 60K and 75K  Unlock8.5%9.6%
 Income between 75K and 100K14.2%  Unlock12.8%
 Income between 100K and 150K  Unlock18.6%16.3%
 Income between 150K and 200K3.8%  Unlock7.8%
 Income greater than 200K  Unlock12.3%9.5%
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 Population By Occupation
 Panama City, FLMontgomery Village, MDUnited States
 Management, business, finance13.3%  Unlock16.4%
 Engineering, computers, science  Unlock10.4%6.5%
 Community, social services1.2%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library5.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.8%2.0%
 Healthcare practitioners and technology7.9%  Unlock6.2%
 Healthcare support  Unlock2.7%3.3%
 Firefighters, law enforcement1.1%  Unlock2.1%
 Food preparation, serving  Unlock5.2%5.4%
 Building maintenance5.0%  Unlock3.6%
 Personal care  Unlock2.7%2.6%
 Sales, office, administrative support22.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair9.8%  Unlock8.1%
 Production, transportation, material moving  Unlock10.4%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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