Panama City Beach, Florida Population 2022

19,310
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Panama City Beach is a city located in Bay County Florida. With a 2020 population of 19,310, it is the 211th largest city in Florida and the 2372nd largest city in the United States. Panama City Beach is currently growing at a rate of 3.25% annually and its population has increased by 6.72% since the most recent census, which recorded a population of 18,094 in 2020. Spanning over 19 miles, Panama City Beach has a population density of 1,000 people per square mile.

The average household income in Panama City Beach is $79,862 with a poverty rate of 7.42%. The median rental costs in recent years comes to $1,358 per month, and the median house value is $266,900. The median age in Panama City Beach is 42.6 years, 39.9 years for males, and 44.8 years for females.

Panama City Beach Demographics

According to the most recent ACS, the racial composition of Panama City Beachwas:

  • White: 81.66%
  • Black or African American: 8.86%
  • Asian: 4.33%
  • Two or more races: 3.32%
  • Other race: 1.31%
  • Native American: 0.52%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Panama City Beach, Florida is 19,310 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 18,094.

Panama City Beach, Florida Population 2022

Population by Race

Race Population Percentage
White10,40981.66%
Black or African American1,1308.86%
American Indian and Alaska Native660.52%
Asian5524.33%
Some Other Race1671.31%
Two or More Races4233.32%
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Panama City Beach Population by Race

Panama City Beach Population Pyramid 2022

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Panama City Beach Median Age

43.5


Total

39.2


Male

46.2


Female

Panama City Beach Adults

There are 10,555 adults, (2,135 of whom are seniors) in Panama City Beach.

Panama City Beach Age Dependency

Age Dependency Ratio

25.4

Old Age Dependency Ratio

26

Child Dependency Ratio

Panama City Beach Sex Ratio

Female

6,100

47.85%

Male

6,647

52.15%

Panama City Beach Population by Age

Panama City Beach Renter vs Owner Occupied by Household Type

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Panama City Beach Household Types

Type Owner Renter
Male78%22%
Married73.5%26.5%
All62.2%37.8%
Non Family51.1%48.9%
Female38.6%61.4%

62.2%

Rate of Home Ownership

Panama City Beach Households and Families

Type Count Average Size Owned
All5,5382.362.2
Married2,5672.973.5
Male3783.1278
Female4952.7238.6
Non Family2,0981.3351.1

2.75

Average Family Size

2.3

Average Household Size

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Panama City Beach Households by Type

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Education Attained Count Percentage
Less Than 9th Grade3603.76%
9th to 12th Grade4584.78%
High School Graduate2,22423.23%
Some College2,42525.33%
Associates Degree1,14011.91%
Bachelors Degree1,93220.18%
Graduate Degree1,03510.81%
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Panama City Beach Educational Attainment by Sex (over 25)

Panama City Beach Educational Attainment by Race

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Race Total High School Bachelors
Asian259234151
White7,6137,1942,588
2+ Races21119841
Hispanic55642798
Other Race1107718
Black88166494
Native American4113

The highest rate of high school graduation is among white people with a rate of 94.50%.

The highest rate of bachelors degrees is among asian people with a rate of 58.30%.

Panama City Beach Educational Attainment by Race

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Name Average Male Female
Overall$37,960$46,878$28,571
Less Than 9th Grade$$28,571$
High School Graduate$37,700$43,021$23,190
Some College$31,685$46,537$21,680
Bachelors Degree$54,256$68,140$45,682
Graduate Degree$90,148$101,500$62,917

$37,960

Average Earnings

$46,878

Average Male

$28,571

Average Female

Panama City Beach Earnings by Educational Attainment

Panama City Beach Language by Age

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Panama City Beach Language

86.90% of Panama City Beach residents speak only English, while 13.10% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 4.28% of the population.

Panama City Beach Language

Panama City Beach Poverty by Race

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Name Total In Poverty Poverty Rate
Black1,13021418.94%
White9,8646967.06%
OtherNaN%
Multiple423255.91%
Hispanic739101.35%

7.42%

Overall Poverty Rate

4.02%

Male Poverty Rate

11.13%

Female Poverty Rate

Poverty in Panama City Beach

The race most likely to be in poverty in Panama City Beach is Black, with 18.94% below the poverty level.

The race least likely to be in poverty in Panama City Beach is Hispanic, with 1.35% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.87%. Among those working part-time, it was 14.64%, and for those that did not work, the poverty rate was 8.35%.

Panama City Beach Poverty

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Name Poverty
Less Than 9th Grade30.20%
High School5.08%
Some College10.49%
Bachelors or Greater2.39%

Panama City Beach Poverty Rate by Education

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Rate Poverty
Male Employed3.37%
Male Unemployed0.00%
Female Employed12.50%
Female Unemployed0.00%

Panama City Beach Poverty Rate by Employment Status and Sex

Panama City Beach Income by Household Type

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Name Median Mean
Households$65,253$85,360
Families$69,519$93,363
Married Families$90,516-
Non Families$46,912$67,561
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Income by Household Type

Panama City Beach Marital Status

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Marriage Rates

49.4%

Overall Marriage Rate

49.4%

Male Marriage Rate

49.5%

Female Marriage Rate

Panama City Beach Married by Age and Sex

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Panama City Beach Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 45-54.

Panama City Beach Marital Status by Race

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Panama City Beach Marital Status

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1,417

Number of Veterans

Male Veterans

Female Veterans

War Veterans
Second Gulf War457
First Gulf War394
Vietnam409
Korea66
World War II49

Panama City Beach Veterans by War

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Age Group Veterans
18 to 34115
35 to 54330
55 to 64388
65 to 74317
75+267

Panama City Beach Veterans by Age

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Name Veterans % of Total
White1,28214.91%
Black798.13%
Native American2245.83%
Other Race3429.31%
Hispanic10517.77%

Panama City Beach Veterans by Race

Panama City Beach Veterans by Education

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1.06%

Veteran Poverty Rate

28.37%

Veteran Disability Rate

Panama City Beach Veterans by Education

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66.7%

Labor Force Participation

63.3%

Employment Rate

2.6%

Unemployment Rate

Panama City Beach Employment by Age

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Panama City Beach Employment by Race

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Panama City Beach Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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24.62%

Born in Panama City Beach

85.72%

Native Born

14.28%

Foreign Born

9.09%

Non Citizen

5.19%

Naturalized

Place of Birth

85.72% of Panama City Beach residents were born in the United States, with 24.62% having been born in Florida. 9.09% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Panama City Beach Place of Birth

Note: 2021 and 2022 data is projected
Year Population Growth Annual Growth Rate
19904,0510.00%
20007,6713,6206.59%
201012,0184,3474.59%
201112,6266085.06%
201213,2346084.82%
201313,8426084.59%
201414,4506084.39%
201515,0586084.21%
201615,6666084.04%
201716,2746083.88%
201816,8826083.74%
201917,4906083.60%
202018,0946043.45%
202118,7026083.36%
202219,3106083.25%

Panama City Beach Population by Year