State
County
Land Area (mi²)
19.3 sq mi
Density (mi²)
597.20/sq mi
2020 Growth Rate
-4.38%
Growth Since 2010
-4.09%
Rank in State
Rank in Country
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.
According to the most recent ACS, the racial composition of Panama City Beach was:
| Race | Population | Percentage |
|---|---|---|
| White | 10,758 | 84.37% |
| Black or African American | 796 | 6.24% |
| Two or More Races | 576 | 4.52% |
| Asian | 422 | 3.31% |
| Some Other Race | 164 | 1.29% |
| American Indian and Alaska Native | 35 | 0.27% |
| Type | Count | Average Size | Owned |
|---|---|---|---|
| All | 5,592 | 2.28 | 62.4 |
| Married | 2,679 | 2.96 | 72.9 |
| Non Family | 2,335 | 1.28 | 53.1 |
| Female | 395 | 3.33 | 51.9 |
| Male | 183 | 2.91 | 49.2 |
2.9
Average Family Size
2.28
Average Household Size
| Education Attained | Count | Percentage |
|---|---|---|
| Less Than 9th Grade | 210 | 2.15% |
| 9th to 12th Grade | 505 | 5.18% |
| High School Graduate | 2,370 | 24.30% |
| Some College | 2,614 | 26.80% |
| Associates Degree | 983 | 10.08% |
| Bachelors Degree | 2,179 | 22.34% |
| Graduate Degree | 894 | 9.16% |
| Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 8,080 | 7,568 | 2,706 |
| Black | 691 | 618 | 109 |
| Hispanic | 523 | 424 | 88 |
| Asian | 221 | 190 | 139 |
| 2+ Races | 215 | 198 | 18 |
| Other Race | 118 | 74 | 23 |
| Native American | 14 | 14 |
The highest rate of high school graduation is among native american people with a rate of 100.00%.
The highest rate of bachelors degrees is among asian people with a rate of 62.90%.
$40,860
Average Earnings
$50,776
Average Male
$31,522
Average Female
88.54% of Panama City Beach residents speak only English, while 11.46% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 3.85% of the population.
| Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 10,195 | 473 | 4.64% |
| Black | 796 | 81 | 10.18% |
| Multiple | 576 | 27 | 4.69% |
| Hispanic | 759 | 14 | 1.84% |
4.68%
Overall Poverty Rate
3.30%
Male Poverty Rate
6.16%
Female Poverty Rate
The race most likely to be in poverty in Panama City Beach is Black, with 10.18% below the poverty level.
The race least likely to be in poverty in Panama City Beach is Hispanic, with 1.84% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.35%. Among those working part-time, it was 6.66%, and for those that did not work, the poverty rate was 8.29%.
52.6%
Overall Marriage Rate
52.4%
Male Marriage Rate
52.8%
Female Marriage Rate
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.
| Name | Veterans | % of Total |
|---|---|---|
| White | 1,453 | 16.13% |
| Hispanic | 94 | 15.82% |
| Black | 92 | 12.57% |
| Other Race | 28 | 22.76% |
| 2+ Races | 25 | 12.63% |
1.69%
Veteran Poverty Rate
25.34%
Veteran Disability Rate
64.7%
Labor Force Participation
60.9%
Employment Rate
2.8%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
88.45%
Native Born
11.55%
Foreign Born
7.01%
Non Citizen
4.54%
Naturalized
88.45% of Panama City Beach residents were born in the United States, with 21.48% having been born in Florida. 7.01% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
| Year | Population | Growth | Annual Growth Rate |
|---|---|---|---|
| 2021 | 11,527 | -528 | -4.38% |
| 2020 | 12,055 | -528 | -4.20% |
| 2019 | 12,583 | -528 | -4.03% |
| 2018 | 13,111 | 300 | 2.34% |
| 2017 | 12,811 | 92 | 0.72% |
| 2016 | 12,719 | 151 | 1.20% |
| 2015 | 12,568 | 230 | 1.86% |
| 2014 | 12,338 | 350 | 2.92% |
| 2013 | 11,988 | 214 | 1.82% |
| 2012 | 11,774 | 175 | 1.51% |
| 2011 | 11,599 | 24 | 0.21% |
| 2010 | 11,575 | 3,904 | 4.20% |
| 2000 | 7,671 | 3,620 | 6.59% |
| 1990 | 4,051 | 0.00% |