Merritt Island vs Panama City
Side-by-side comparison
How does Merritt Island, FL compare to Panama City, FL? Merritt Island has a population of 34,718 with a median household income of $91,020, while Panama City has 34,211 residents and a median income of $61,125. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Merritt Island, FL | Panama City, FL | Difference |
|---|---|---|---|
| Population | 34,718 | 34,211 | +1.5% |
| Median Age | 49.8 | 38.6 | +29.0% |
| Foreign Born % | 7.2% | 8.7% | -17.2% |
| Metric | Merritt Island | Panama City | Difference |
|---|---|---|---|
| Median Income | $91,020 | $61,125 | +48.9% |
| Unemployment | 4.2% | 4.4% | -4.5% |
| Poverty Rate | 7.4% | 17.3% | -57.2% |
| Bachelor's+ | 41.8% | 25.5% | +63.9% |
| Metric | Merritt Island | Panama City | Difference |
|---|---|---|---|
| Home Value | $379,700 | $243,200 | +56.1% |
| Median Rent | $1348/mo | $1334/mo | +1.0% |
| Housing Units | 16,816 | 16,643 | +1.0% |