Panama City Beach, Florida Population 2021

11,527
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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.

Panama City Beach Demographics

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

  • White: 84.37%
  • Black or African American: 6.24%
  • Two or more races: 4.52%
  • Asian: 3.31%
  • Other race: 1.29%
  • Native American: 0.27%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Panama City Beach, Florida is 11,527 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 13,111.The last official US Census in 2010 recorded the population at 12,018.

Panama City Beach, Florida Population 2021

Population by Race

Race Population Percentage
White10,75884.37%
Black or African American7966.24%
Two or More Races5764.52%
Asian4223.31%
Some Other Race1641.29%
American Indian and Alaska Native350.27%
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Panama City Beach Population by Race

Panama City Beach Population Pyramid $2021

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Panama City Beach Median Age

42.6


Total

39.9


Male

44.8


Female

Panama City Beach Adults

There are 10,626 adults, (2,356 of whom are seniors) in Panama City Beach.

Panama City Beach Age Dependency

54.2

Age Dependency Ratio

28.5

Old Age Dependency Ratio

25.7

Child Dependency Ratio

Panama City Beach Sex Ratio

Female

6,165

48.35%

Male

6,586

51.65%

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
Married72.9%27.1%
All62.4%37.6%
Non Family53.1%46.9%
Female51.9%48.1%
Male49.2%50.8%

62.4%

Rate of Home Ownership

Panama City Beach Households and Families

Type Count Average Size Owned
All5,5922.2862.4
Married2,6792.9672.9
Non Family2,3351.2853.1
Female3953.3351.9
Male1832.9149.2

2.9

Average Family Size

2.28

Average Household Size

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Panama City Beach Households by Type

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Education Attained Count Percentage
Less Than 9th Grade2102.15%
9th to 12th Grade5055.18%
High School Graduate2,37024.30%
Some College2,61426.80%
Associates Degree98310.08%
Bachelors Degree2,17922.34%
Graduate Degree8949.16%
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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
White8,0807,5682,706
Black691618109
Hispanic52342488
Asian221190139
2+ Races21519818
Other Race1187423
Native American1414

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%.

Panama City Beach Educational Attainment by Race

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Name Average Male Female
Overall$40,860$50,776$31,522
Less Than 9th Grade$27,014$35,811$15,192
High School Graduate$33,500$38,872$24,957
Some College$33,494$50,313$25,995
Bachelors Degree$52,087$59,738$42,063
Graduate Degree$74,542$89,825$43,542

$40,860

Average Earnings

$50,776

Average Male

$31,522

Average Female

Panama City Beach Earnings by Educational Attainment

Panama City Beach Language by Age

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Panama City Beach Language

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.

Panama City Beach Language

Panama City Beach Poverty by Race

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Name Total In Poverty Poverty Rate
White10,1954734.64%
Black7968110.18%
Multiple576274.69%
Hispanic759141.84%

4.68%

Overall Poverty Rate

3.30%

Male Poverty Rate

6.16%

Female Poverty Rate

Poverty in Panama City Beach

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%.

Panama City Beach Poverty

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Name Poverty
Less Than 9th Grade12.73%
High School6.08%
Some College4.48%
Bachelors or Greater3.09%

Panama City Beach Poverty Rate by Education

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Rate Poverty
Male Unemployed8.77%
Female Employed5.02%
Male Employed1.93%
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$63,912$79,862
Families$74,016$93,572
Married Families$87,159-
Non Families$49,607$58,167
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Income by Household Type

Panama City Beach Marital Status

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Marriage Rates

52.6%

Overall Marriage Rate

52.4%

Male Marriage Rate

52.8%

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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1,598

Number of Veterans

1,396

Male Veterans

202

Female Veterans

War Veterans
First Gulf War562
Second Gulf War559
Vietnam478
World War II51
Korea51

Panama City Beach Veterans by War

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Age Group Veterans
55 to 64514
65 to 74369
75+255
35 to 54254
18 to 34206

Panama City Beach Veterans by Age

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Name Veterans % of Total
White1,45316.13%
Hispanic9415.82%
Black9212.57%
Other Race2822.76%
2+ Races2512.63%

Panama City Beach Veterans by Race

Panama City Beach Veterans by Education

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1.69%

Veteran Poverty Rate

25.34%

Veteran Disability Rate

Panama City Beach Veterans by Education

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64.7%

Labor Force Participation

60.9%

Employment Rate

2.8%

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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21.48%

Born in Panama City Beach

88.45%

Native Born

11.55%

Foreign Born

7.01%

Non Citizen

4.54%

Naturalized

Place of Birth

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.

Panama City Beach Place of Birth

Year Population Growth Annual Growth Rate
202111,527-528-4.38%
202012,055-528-4.20%
201912,583-528-4.03%
201813,1113002.34%
201712,811920.72%
201612,7191511.20%
201512,5682301.86%
201412,3383502.92%
201311,9882141.82%
201211,7741751.51%
201111,599240.21%
201011,5753,9044.20%
20007,6713,6206.59%
19904,0510.00%

Panama City Beach Population by Year