Panama City-Panama City Beach
FL

Comprehensive business data, market statistics, and demographic insights for Panama City-Panama City Beach, FL. Census-backed market intelligence updated annually.

POPULATION206,627
MEDIAN INCOME$67.8K
BUSINESSES5,502
TRENDING SECTOR 🔥Nail Salons
+4.0%5-Year Growth
MARKET INTELLIGENCE

Market Signal Report

Curated Intelligence. We analyzed 325 local industries to isolate distinct economic patterns—from rapid acceleration to uncrowded markets.

Methodical Selection

These are not random picks. We filtered the census database to identify the strongest statistical match for distinct economic strategies.

  • > High Momentum (Biz Count Growth)
  • > Supply Gaps (Low Competition)
  • > Market Anchors (High Volume)
View Full Methodology
🚀
The Rocket Ship

Nail Salons

While the average sector grew flat, Nail Salons surged 4.0% from 2018 vs 2023. This is the fastest-moving opportunity in the market.

Businesses15
Growth Rate+4.0%
💎
The Hidden Gem

Nail Salons

Growing demand (2018 vs 2023) with surprisingly low competition level. A classic supply-gap opportunity with strong margins.

Businesses15
Growth Rate+4.0%
💼
The Premium Sector

Promoters of Performing Arts, Sports, and Similar Events without Facilities

Professional industry driven by high-value human capital. High barrier to entry due to specialized workforce requirements.

Businesses4
Avg Salary$243.0K
🏰
The Stronghold

Scenic and Sightseeing Transportation, Water

Dominated by a few key players. High consolidation often indicates mature market dynamics.

Businesses21
CompetitionHighly Competitive15.9x above US avg
The Steady Giant

Offices of Physicians (except Mental Health Specialists)

Zero volatility. Growth matches population exactly. A proven, volume-based sector for long-term consistency.

Businesses217
VolumeHighest

View All Niches

See full table (325 Rows)

💡

Panama City-Panama City Beach Market Intelligence

325 Industries Analyzed • 2018 vs 2023 Data

Panama City-Panama City Beach presents 325 market niches across diverse sectors. Competition is intense with 157 saturated sectors requiring differentiation strategies. Consider: Nail Salons, Nail Salons.

How to Read the Data
Competition Level
Business density per capita vs US average. ● Underserved = Less competition. ● Highly Competitive = More businesses per capita than average.
Growth Rate
5-year percentage change in number of businesses (2018 vs 2023). ● Growing = Positive growth. ● Stable = Modest change. ● Declining = Negative growth.
Businesses
Active employer establishments (businesses with at least one employee) in this niche within the metro. Source: US Census Bureau.
MOMENTUM
DENSITY
25 of 325 niches• Sorted: Businesses
Niche (NAICS) Competition Growth Rate Businesses Avg Team Avg Salary
Offices of Physicians (except Mental Health Specialists)#621111
1.52
+5.9%21710.3$86.3K
Full-Service Restaurants#722511
1.19
-4.1%20924.8$28.8K
Limited-Service Restaurants#722513
1.00
+8.8%18520.0$20.4K
Offices of Real Estate Agents and Brokers#531210
1.49
+93.2%1701.5$48.8K
Religious Organizations#813110
1.08
+8.3%1307.0$25.5K
Gasoline Stations with Convenience Stores#447110
1.82
+6.7%1127.0$28.7K
Residential Remodelers#236118
1.15
+73.8%1063.8$37.4K
Janitorial Services#561720
1.98
+66.1%9311.6$24.4K
Offices of Lawyers#541110
0.79
-9.0%914.8$74.7K
Landscaping Services#561730
1.08
+31.8%875.2$43.2K
Plumbing, Heating, and Air-Conditioning Contractors#238220
1.16
+10.1%8712.6$58.3K
Hotels (except Casino Hotels) and Motels#721110
2.36
+13.3%8526.8$48.9K
New Single-Family Housing Construction (except For-Sale Builders)#236115
1.99
+54.9%792.1$54.0K
Residential Property Managers#531311
1.77
+21.0%756.2$47.4K
Electrical Contractors and Other Wiring Installation Contractors#238210
1.33
+25.0%758.7$50.9K
Insurance Agencies and Brokerages#524210
0.82
-3.9%745.3$72.0K
All Other General Merchandise Stores#452319
2.18
+24.1%677.0$24.8K
Engineering Services#541330
1.40
+48.8%6113.3$82.6K
Commercial Banking#522110
1.15
+8.9%618.6$69.5K
Offices of Dentists#621210
0.53
-7.4%508.4$76.5K
Administrative Management and General Management Consulting Services#541611
0.66
+45.5%486.0$90.4K
Other Accounting Services#541219
1.41
+91.7%462.8$40.0K
Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)#813990
3.65
-10.0%458.2$35.7K
Beauty Salons#812112
0.76
+15.4%453.9$35.1K
Lessors of Residential Buildings and Dwellings#531110
0.84
+30.3%433.1$45.4K
Viewing 25 of 325 niches

Understanding Your Data

How to read the numbers and what to do next.

We pull directly from official U.S. Census Bureau records (specifically County Business Patterns & Nonemployer Statistics). We don't use estimates or opinions—we simply clean and organize the government's raw data so you can actually use it.

VERIFIED
MARKET
DATA

We built this platform to provide the foundational data you need to navigate your market's landscape and competitive dynamics.

Straight from the Source

We pull raw numbers directly from the U.S. Census Bureau. You're looking at the same data used by banks and city planners, simplified for clarity.

Data-First Methodology

We focus exclusively on the numbers. Our rankings are driven by objective metrics like growth and density, ensuring you see the market exactly as the data reports it.

Transparent Logic

No secret formulas. We show you the raw metrics—Growth, Density, and Volume—so you can verify the math yourself.