NAICS 81

Other Services in Panama City-Panama City Beach, FL

Metro Market Score 35.0 (Moderate), ranked #52 of 332 metros. 458 establishments, 2,476 jobs.

Metro Market Assessment

Metro Market Score 35.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national other services average.

📈Rapid Growth

Panama City-Panama City Beach ranks in the top quartile for other services market conditions, driven by above-average employment growth. With a market score of 35.0, conditions are relatively favorable compared to most metros.

Industry Concentration
44.6
LQ: 0.93
Rank #148 of 332 metros
Wage Competitiveness
50.6
$45,500 avg wage
Growth Trend
↑ 95.8
Employment growth index
Rank #15 of 332 metros
Wage Pressure
49.8
YoY wage change index

458 Other Services Firms in Panama City-Panama City Beach

458
Establishments
+7.3% YoY
2,476
Total Employment
+9.3% YoY
$45,500
Average Annual Wage
+3.2% YoY
0.93
Location Quotient
Below national avg

Panama City-Panama City Beach vs Florida Statewide

How this metro's other services market compares to Florida overall. The state ranks #35/51 for entry risk.

Measure Panama City-Panama City Beach FL Statewide
Overall Score 35.0 Moderate 48.1 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #52 of 332 metros #35 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

Professional, Scientific, and Technical Services 35.4 Construction 38.1 Information 42.1 Retail Trade 50.1 Finance and Insurance 53.2 Real Estate and Rental and Leasing 65.4

Other Services in Other Florida Metros

Gainesville 28.3 #14/332 Sebring 28.4 #16/332 Ocala 28.9 #18/332 Deltona-Daytona Beach-Ormond Beach 36.2 #58/332 Wildwood-The Villages 43.3 #102/332 Crestview-Fort Walton Beach-Destin 45.9 #124/332 Homosassa Springs 46.2 #126/332 Pensacola-Ferry Pass-Brent 47.6 #137/332 Palm Bay-Melbourne-Titusville 48.6 #145/332 Tampa-St. Petersburg-Clearwater 48.7 #146/332

+ 10 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 other services sector, the wage competitiveness component (50.6) 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.