Panama City vs Merritt Island
Side-by-side comparison
How does Panama City, FL compare to Merritt Island, FL? Panama City has a population of 34,211 with a median household income of $61,125, while Merritt Island has 34,718 residents and a median income of $91,020. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Panama City, FL | Merritt Island, FL | Difference |
|---|---|---|---|
| Population | 34,211 | 34,718 | -1.5% |
| Median Age | 38.6 | 49.8 | -22.5% |
| Foreign Born % | 8.7% | 7.2% | +20.8% |
| Metric | Panama City | Merritt Island | Difference |
|---|---|---|---|
| Median Income | $61,125 | $91,020 | -32.8% |
| Unemployment | 4.4% | 4.2% | +4.8% |
| Poverty Rate | 17.3% | 7.4% | +133.8% |
| Bachelor's+ | 25.5% | 41.8% | -39.0% |
| Metric | Panama City | Merritt Island | Difference |
|---|---|---|---|
| Home Value | $243,200 | $379,700 | -35.9% |
| Median Rent | $1334/mo | $1348/mo | -1.0% |
| Housing Units | 16,643 | 16,816 | -1.0% |