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.
According to the most recent ACS, the racial composition of Panama City Beachwas:
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%.
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.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
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%.
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Panama City Beach
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.
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