Panama City Beach city, Florida
CityPopulation: 18,493 (2023 estimate)
Census Bureau data for Panama City Beach city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Panama City Beach city
- What is the median household income in Panama City Beach city?
- The median household income in Panama City Beach city is $78,921 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Panama City Beach city?
- The poverty rate in Panama City Beach city is 5.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in Panama City Beach city?
- $417,800 (U.S. Census Bureau ACS 2023).
- What is the average rent in Panama City Beach city?
- The median gross rent in Panama City Beach city is $1,737 per month (U.S. Census Bureau ACS 2023).
- What percentage of Panama City Beach city residents have a college degree?
- 36.8% of adults in Panama City Beach city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
18,493
Median Income
$78,921
Median Home Value
$417,800
Poverty Rate
5.3%
Unemployment (ACS 2023)
2.5%
Median Age
45.0 yrs
Since 2019
Median Income:
+$15,009 (+23.5%)
Home Value:
+$174,500 (+71.7%)
Poverty Rate:
+2.0 pp (+60.6%)
Bachelor's+:
+5.3 pp (+16.8%)
Unemployment:
-0.3 pp (-10.7%)
Demographics
Total Population
18,493
Median Age
45.0
Female
50.8%
Race & Ethnicity
Hispanic or Latino 8.6%
White (non-Hisp.) 77.8%
Black 7.1%
Asian 2.0%
Two or More 7.0%
Other 3.0%
Asian Subgroups (% of total pop.)
Indian
1.0%
Filipino
0.6%
Korean
0.2%
Chinese
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.9%
Mexican
1.6%
Cuban
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$78,921
±$2,545
+$7,210 vs. state
Per Capita Income
$107,538
Median Family Income
$82,458
Poverty Rate
5.3%
-3.6 pp vs. state
Child Poverty Rate
7.0%
Working-Age Poverty Rate
—
SNAP Recipients
4.5%
Social Security Income
—
Retirement Income
29.4%
Household Income Distribution
< $10k
3.9%
$10–15k
1.1%
$15–25k
5.3%
$25–35k
5.8%
$35–50k
11.7%
$50–75k
17.8%
$75–100k
16.6%
$100–150k
13.6%
$150–200k
11.5%
$200k+
12.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
21,078
Owner-Occupied
62.1%
Renter-Occupied
37.9%
Vacancy Rate
59.8%
Median Home Value
$417,800
+$92,800 vs. state
Median Gross Rent
$1,737
Owner Cost Burden (30%+)
26.0%
Renter Cost Burden (30%+)
43.5%
Home Value Distribution
< $50k
1.8%
$50–100k
2.2%
$100–200k
1.4%
$200–300k
13.4%
$300–500k
50.0%
$500k–$1M
26.8%
$1M+
1.4%
Gross Rent Distribution
$500–1k
5.1%
$1–1.5k
23.9%
$1.5–2k
44.5%
$2–2.5k
21.2%
$2.5–3.5k
2.0%
$3.5k+
3.4%
Vehicle Availability
No vehicle
3.6%
1 vehicle
36.4%
2 vehicles
45.0%
3+
15.0%
Housing Type
Single-fam. det.
25.7%
Single-fam. att.
3.3%
2–4 units
1.0%
5–19 units
7.1%
20+ units
52.0%
Mobile home
1.6%
Housing Age
Pre-1940
0.1%
1940–1969
0.8%
1970–1999
6.3%
2000–2009
38.8%
2010+
11.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.5%
Bachelor's or Higher
36.8%
+3.6 pp vs. state
Graduate Degree
15.0%
Some College / Associate
25.0%
Less Than High School
1.2%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
65.9%
Unemployment Rate
2.5%
-2.3 pp vs. state
Work from Home
10.7%
Self-Employed
8.3%
Government Workers
17.5%
Private For-Profit
74.0%
Industry
Arts/Entmt.
21.4%
Retail
17.4%
Edu/Health
15.8%
Prof. Services
9.3%
Construction
9.2%
Public Admin
8.0%
Finance
6.4%
Manufacturing
3.3%
Transportation
2.8%
Wholesale
2.2%
Information
1.1%
Agriculture
0.1%
Occupation
Management
43.5%
Sales
24.9%
Food Prep
16.7%
Construction
9.0%
Production
5.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
23.8 min
Drove Alone
75.8%
Carpool
9.0%
Public Transit
0.1%
Work from Home
10.7%
Walked
2.6%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
8,470
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
48.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
13.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.5%
5–9
6.1%
10–14
3.8%
15–19
4.6%
20–24
6.2%
25–34
12.5%
35–44
13.1%
45–54
13.9%
55–64
7.9%
65–74
10.5%
75–84
11.0%
85+
5.3%
Under 18: 16.8%
Working age (18–64): 83.2%
65 and over: 18.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
10.7%
Naturalized Citizen
47.4%
Speaks English Less Than Very Well
4.1%
Foreign-Born Origin
Latin America
55.7%
Europe
23.7%
Asia
16.2%
Africa
1.7%
Veterans & Disability
Veteran
10.6%
With a Disability
16.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
86.2%
Uninsured
13.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
94.7%
Has a Computer
98.4%
Same House 1 Year Ago
77.3%
Moved from Abroad
1.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023