2025 Compare Cities Economy:
Wake Forest, NC vs Panama City Beach, FL

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Highlights
- Household income in Panama City Beach, is 33% less than it is in Wake Forest and is 2% above the National Average.
- Wake Forest unemployment rate is 3.6%.
- Panama City Beach unemployment rate is 4.5%.
 Wake Forest, NCPanama City Beach, FLUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock2.0%1.6%
 Future Job Growth51.6%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$43,601  Unlock$37,638
 Household Income  Unlock$70,131$69,021
 Family Median Income$112,397  Unlock$85,028
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 Est. Households By Income
 Wake Forest, NCPanama City Beach, FLUnited States
 Income Less Than 15K  Unlock5.1%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock6.6%8.1%
 Income between 30K and 40K4.9%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K7.1%  Unlock7.2%
 Income between 60K and 75K  Unlock18.6%9.6%
 Income between 75K and 100K12.0%  Unlock12.8%
 Income between 100K and 150K  Unlock14.3%16.3%
 Income between 150K and 200K16.7%  Unlock7.8%
 Income greater than 200K  Unlock6.6%9.5%
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 Population By Occupation
 Wake Forest, NCPanama City Beach, FLUnited States
 Management, business, finance28.8%  Unlock16.4%
 Engineering, computers, science  Unlock5.6%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock0.7%1.2%
 Education, library7.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock1.1%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock9.5%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support18.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.7%  Unlock8.1%
 Production, transportation, material moving  Unlock5.5%13.1%
Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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Reviews for Panama City Beach    12 Reviews

Over 6 years ago

I've lived here since 2001 and have seen many changes, mainly for the good. Although in the last couple years, and even more so after Hurricane Michael the cost of  More

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Over 6 years ago

I loved this area until I heard the property owners/corporations increased peoples rents between 30% to 90% that were still recovering from last years  More

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Over 12 years ago

Pannama city lived in the neighboring area 6 years loved it . I think you expect to much from such a small town as for the papermill you either put up with the smell or  More

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