Panama City, FL Employment - Median Household Income, Unemployment Rate

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D-

4%

Income/capita NAT. AVG.

12%

Household income NAT. AVG.

2%

Unemployment NAT. AVG.

Index	Panama City	Florida	National
Income per capita	$43,052	$40,554	$44,883
Median household income	$71,926	$72,078	$81,333
Median income owner occupied	$91,984	$88,075	$106,172
Median income renter occupied	$54,412	$51,794	$52,080
Median earnings male	$51,025	$45,688	$54,343
Median earnings female	$40,346	$37,493	$38,439
Unemployment rate	5.0%	5.2%	4.9%
Poverty level	17.5%	16.1%	15.1%

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Homes For Sale In Panama City, FL

6737 John Pitts Rd

Panama City, FL

316 Cherry St #33

Panama City, FL

7165 Fox Meadow Dr

Panama City, FL

437 W Baldwin Rd

Panama City, FL

Key findings

The income per capita in Panama City is 4% lower than the national average
The median household income in Panama City is 12% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Panama City is 2% higher 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

$47,945 $71,926 $143,852

City

$48,047 $72,078 $144,156

State

$54,216 $81,333 $162,666

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.

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Panama City median earnings by income bracket

Panama City employment by industry

Labour Type	Male	Female
Construction industry	12.8%	12.8%
Manufacturing sector	7.6%	7.6%
Financial & insurance services	1.8%	1.8%
Wholesale & retail services	16.9%	16.9%
Public administration	8.3%	8.3%
Transportation, warehousing & utilities	7.2%	7.2%
Education, health & social services	8.8%	8.8%
Other	35.6%	35.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Lynn Haven, FL	21,344	$100,884	24.0%
Tyndall AFB, FL	2,135	$99,702	22.6%
Panama City Beach, FL	13,190	$98,584	21.2%
Pretty Bayou, FL	2,975	$93,805	15.3%
Lower Grand Lagoon, FL	4,867	$91,945	13.0%
Panama City, FL	36,673	$71,926	11.6%

Cities with similar population

City	Population	Household Income	National Avg.
Cooper City, FL	36,683	$163,691	101.3%
Peachtree City, GA	36,655	$152,220	87.2%
Mount Vernon, WA	36,653	$95,859	17.9%
Oswego, IL	36,709	$143,693	76.7%
West Hollywood, CA	36,619	$106,131	30.5%
Panama City, FL	36,673	$71,926	11.6%

Source: The Panama City, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.