ECONOMY OF PANAMA CITY, FLORIDA
The economy of Panama City, FL employs 15.7k people. The largest industries in Panama City, FL are Retail Trade (2,409 people), Health Care & Social Assistance (2,201 people), and Accommodation & Food Services (1,944 people), and the highest paying industries are Utilities ($58,750), Professional, Scientific, & Technical Services ($52,311), and Public Administration ($49,315).
Median household income in Panama City, FL is $40,114. Males in Panama City, FL have an average income that is 1.34 times higher than the average income of females, which is $44,078. The income inequality in Panama City, FL (measured using the Gini index) is 0.473, which is lower than the national average.