NAICS 53

Real Estate and Rental and Leasing in Panama City-Panama City Beach, FL

Metro Market Score 65.4 (Difficult), ranked #304 of 330 metros. 485 establishments, 2,866 jobs.

Metro Market Assessment

Metro Market Score 65.4
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

ⓘ Lower is better. Relative to national real estate and rental and leasing average.

🏭Industry Hub

Panama City-Panama City Beach is a specialized hub for real estate and rental and leasing, with a location quotient of 2.08 and industry concentration in the bottom 10%. Higher-than-average firm density means more competition for talent and customers, but also a deeper local supply chain and client pool.

Industry Concentration
99.7
LQ: 2.08
Rank #329 of 330 metros
Wage Competitiveness
32.1
$51,224 avg wage
Growth Trend
↓ 5.5
Employment growth index
Rank #313 of 330 metros
Wage Pressure
20.3
YoY wage change index

485 Real Estate and Rental and Leasing Firms in Panama City-Panama City Beach

485
Establishments
-2.0% YoY
2,866
Total Employment
-8.3% YoY
$51,224
Average Annual Wage
+6.0% YoY
2.08
Location Quotient
Above national avg

Panama City-Panama City Beach vs Florida Statewide

How this metro's real estate and rental and leasing market compares to Florida overall. The state ranks #49/51 for entry risk.

Measure Panama City-Panama City Beach FL Statewide
Overall Score 65.4 Difficult 54.7 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #304 of 330 metros #49 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 Finance and Insurance 53.2

Real Estate and Rental and Leasing in Other Florida Metros

Sebring 22.7 #35/330 Tallahassee 35.4 #101/330 Lakeland-Winter Haven 37.1 #112/330 Palm Bay-Melbourne-Titusville 38.7 #126/330 Pensacola-Ferry Pass-Brent 38.8 #129/330 Ocala 39.6 #134/330 Homosassa Springs 44.2 #177/330 Punta Gorda 44.5 #181/330 Deltona-Daytona Beach-Ormond Beach 47.4 #196/330 Gainesville 50.8 #221/330

+ 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 real estate and rental and leasing sector, the employment growth component (94.5) 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.