D
1%
Income/capita NAT. AVG.
13%
Household income NAT. AVG.
18%
Unemployment NAT. AVG.
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IndexPanama CityFloridaNational
Income per capita$29,473$27,598$29,829
Median household income$48,185$48,900$55,322
Median income owner occupied$61,669$59,209$70,586
Median income renter occupied$36,560$34,622$35,192
Median earnings male$35,226$31,444$36,919
Median earnings female$27,636$25,332$26,250
Unemployment rate3.8%4.9%4.7%
Poverty level17.5%16.1%15.1%
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Key findings

  • The income per capita in Panama City is 1% lower than the national average
  • The median household income in Panama City is 13% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Panama City is 18% lower than the national average
  • The poverty level in Panama City is 16% higher than the national average

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      am i middle class

      $
      Input your household income
      $32,120 $48,185 $96,370
      City
      $32,596 $48,900 $97,800
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Panama City median earnings by income bracket

      Panama City employment by industry

      Labour TypeMaleFemale
      Construction industry12.8%12.8%
      Manufacturing sector7.6%7.6%
      Financial & insurance services1.8%1.8%
      Wholesale & retail services16.9%16.9%
      Public administration8.3%8.3%
      Transportation, warehousing & utilities7.2%7.2%
      Education, health & social services8.8%8.8%
      Other35.6%35.6%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Lynn Haven, FL20,910$68,40623.7%
      Tyndall AFB, FL2,072$66,11619.5%
      Panama City Beach, FL12,747$65,25318.0%
      Pretty Bayou, FL2,901$63,75015.2%
      Lower Grand Lagoon, FL4,700$61,64711.4%
      Panama City, FL35,952$48,18512.9%

      Cities with similar population

      City Population Household Income National Avg.
      Manchester, CT35,946$61,63111.4%
      San Juan Capistrano, CA35,976$103,92287.8%
      Marion, OH36,011$40,22327.3%
      Franklin, WI36,013$81,32147.0%
      West Kelowna, BC36,030n/a 
      Panama City, FL35,952$48,18512.9%
      Source: The Panama City, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).