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

D

1%

Income/capita NAT. AVG.

13%

Household income NAT. AVG.

18%

Unemployment NAT. AVG.

Index	Panama City	Florida	National
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 rate	3.8%	4.9%	4.7%
Poverty level	17.5%	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

$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.

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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	20,910	$68,406	23.7%
Tyndall AFB, FL	2,072	$66,116	19.5%
Panama City Beach, FL	12,747	$65,253	18.0%
Pretty Bayou, FL	2,901	$63,750	15.2%
Lower Grand Lagoon, FL	4,700	$61,647	11.4%
Panama City, FL	35,952	$48,185	12.9%

Cities with similar population

City	Population	Household Income	National Avg.
Manchester, CT	35,946	$61,631	11.4%
San Juan Capistrano, CA	35,976	$103,922	87.8%
Marion, OH	36,011	$40,223	27.3%
Franklin, WI	36,013	$81,321	47.0%
West Kelowna, BC	36,030	n/a
Panama City, FL	35,952	$48,185	12.9%

Source: The Panama City, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).