NAICS 52

Finance and Insurance in Panama City-Panama City Beach, FL

Metro Market Score 53.2 (Challenging), ranked #199 of 331 metros. 329 establishments, 2,028 jobs.

Metro Market Assessment

Metro Market Score 53.2
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Challenging

ⓘ Lower is better. Relative to national finance and insurance average.

At #199 of 331 metros, Panama City-Panama City Beach's finance and insurance sector scores 53.2 on the market index. Concentration (42.9), wage levels (61.6), and growth (41.7) all track close to the median. Local factors like lease costs and client access will matter more than macro signals.

Industry Concentration
42.9
LQ: 0.56
Rank #142 of 331 metros
Wage Competitiveness
61.6
$93,819 avg wage
Growth Trend
↓ 41.7
Employment growth index
Rank #194 of 331 metros
Wage Pressure
48.1
YoY wage change index

329 Finance and Insurance Firms in Panama City-Panama City Beach

329
Establishments
+6.5% YoY
2,028
Total Employment
-1.6% YoY
$93,819
Average Annual Wage
+7.0% YoY
0.56
Location Quotient
Below national avg

Panama City-Panama City Beach vs Florida Statewide

How this metro's finance and insurance market compares to Florida overall. The state ranks #46/51 for entry risk.

Measure Panama City-Panama City Beach FL Statewide
Overall Score 53.2 Challenging 61.9 High
Score Type Metro Market Score Entry Risk Score
Rank #199 of 331 metros #46 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Panama City-Panama City Beach

Other Services 35.0 Professional, Scientific, and Technical Services 35.4 Construction 38.1 Information 42.1 Retail Trade 50.1 Real Estate and Rental and Leasing 65.4

Finance and Insurance in Other Florida Metros

Ocala 27.9 #32/331 Punta Gorda 34.3 #72/331 Gainesville 38.7 #94/331 Homosassa Springs 39.0 #96/331 Deltona-Daytona Beach-Ormond Beach 39.8 #103/331 Palm Bay-Melbourne-Titusville 41.4 #112/331 Sebring 41.8 #117/331 Cape Coral-Fort Myers 45.6 #150/331 Tallahassee 49.3 #166/331 Port St. Lucie 50.7 #180/331

+ 11 more metros. View all in Florida →

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Panama City-Panama City Beach's finance and insurance sector, the employment growth component (58.3) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.