2025 Compare Cities Economy:
Vero Beach, FL vs Panama City, FL

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Highlights
- Household income in Panama City, is 5% less than it is in Vero Beach and is 34% below the National Average.
- Vero Beach unemployment rate is 5.2%.
- Panama City unemployment rate is 5.3%.
 Vero Beach, FLPanama City, FLUnited States
 Unemployment Rate  Unlock5.3%6.0%
 Recent Job Growth  Unlock2.0%1.6%
 Future Job Growth38.4%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$52,524  Unlock$37,638
 Household Income  Unlock$51,569$69,021
 Family Median Income$83,904  Unlock$85,028
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 Est. Households By Income
 Vero Beach, FLPanama City, FLUnited States
 Income Less Than 15K  Unlock13.2%9.4%
 Income between 15K and 20K3.9%  Unlock3.8%
 Income between 20K and 30K  Unlock11.8%8.1%
 Income between 30K and 40K11.3%  Unlock8.0%
 Income between 40K and 50K  Unlock10.1%7.6%
 Income between 50K and 60K5.9%  Unlock7.2%
 Income between 60K and 75K  Unlock10.3%9.6%
 Income between 75K and 100K10.7%  Unlock12.8%
 Income between 100K and 150K  Unlock10.2%16.3%
 Income between 150K and 200K4.5%  Unlock7.8%
 Income greater than 200K  Unlock4.1%9.5%
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 Population By Occupation
 Vero Beach, FLPanama City, FLUnited States
 Management, business, finance22.3%  Unlock16.4%
 Engineering, computers, science  Unlock6.2%6.5%
 Community, social services0.6%  Unlock1.8%
 Legal  Unlock1.4%1.2%
 Education, library6.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology6.5%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock9.0%5.4%
 Building maintenance2.6%  Unlock3.6%
 Personal care  Unlock2.6%2.6%
 Sales, office, administrative support31.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair6.6%  Unlock8.1%
 Production, transportation, material moving  Unlock11.4%13.1%
Reviews for Vero Beach    22 Reviews

I grew up in Miami, BEFORE you had to wear a bullet proof vest to live there! I have lived in 9 other states and moved back to Fla over 2 years ago. First to Naples  More

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Over 13 years ago

Thanks for sharing fun facts about Vero Beach but more over: Let it be boring....no fun...no bars... After all...where ever the so called "fun" is... rest  More

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Over 13 years ago

relocating to vero beach, understand quite laid back, what to do, we enjoy endlessly, cards, majong, board games, semi formal dinner dances, are we in the right place,  More

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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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