Panama City Beach is a city located in Bay County Florida. With a 2020 population of 11,527, it is the 161st largest city in Florida and the 2805th largest city in the United States . Panama City Beach is currently declining at a rate of -4.38% annually and its population has decreased by -4.09% since the most recent census, which recorded a population of 12,018 in 2010. Panama City Beach reached it's highest population of 13,111 in 2018. Spanning over 19 miles, Panama City Beach has a population density of 597 people per square mile.
The average household income in Panama City Beach is $79,862 with a poverty rate of 4.68%. The median rental costs in recent years comes to $1,268 per month, and the median house value is $243,300. The median age in Panama City Beach is 42.6 years, 39.9 years for males, and 44.8 years for females.