Panama City Beach is a city located in Bay County, Florida. Panama City Beach has a 2026 population of 20,939. Panama City Beach is currently growing at a rate of 2.41% annually and its population has increased by 16.41% since the most recent census, which recorded a population of 17,987 in 2020.
The median household income in Panama City Beach is $80,941 with a poverty rate of 9.97%. The median age in Panama City Beach is 45.4 years: 45.2 years for males, and 45.8 years for females. For every 100 females there are 101.4 males.
Data after 2023 is projected based on recent change
Overall: 45.4 years
Female: 45.8 years
Male: 45.2 years
There are 15,687 adults, (3,381 of whom are seniors) in Panama City Beach.
Female: 9,419 (49.6%)
Male: 9,552 (50.4%)
The racial composition of Panama City Beach includes 79.75% White, 5.44% Black or African American, 3.58% other race, and smaller percentages for Asian, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 15,129 | 79.75% |
| Two or more races | 1,676 | 8.83% |
| Black or African American | 1,032 | 5.44% |
| Other race | 680 | 3.58% |
| Asian | 332 | 1.75% |
| Native American | 122 | 0.64% |
Panama City Beach 's average per capita income is $53,850. Household income levels show a median of $80,941. The poverty rate stands at 9.97%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $124,261 | - |
| Families | $90,446 | $127,868 |
| Households | $80,941 | $112,821 |
| Non Families | $59,045 | $81,809 |
Average Income
Median Household Income
Poverty Rate