Panama City Beach is a city located in Bay County Florida. Panama City Beach has a 2020 population of 10,999. Panama City Beach is currently declining at a rate of -4.58% annually and its population has decreased by -4.98% since the most recent census, which recorded a population of 11,575 in 2010.
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 Beachwas:
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%.
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.
Overall Poverty Rate
Male Poverty Rate
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%.
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
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.
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