Panama City city: Median Household Income Trend
How Panama City city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$40,114
2023
$61,125
Total change
+$21,011
% change
+52.4%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $40,114 | — |
| 2019 | $43,953 | +$3,839 (9.6%) |
| 2020 | $48,185 | +$4,232 (9.6%) |
| 2021 | $51,569 | +$3,384 (7%) |
| 2022 | $57,221 | +$5,652 (11%) |
| 2023 | $61,125 | +$3,904 (6.8%) |