Panama City Beach is a city located in Bay County and Walton County Florida. Panama City Beach has a 2024 population of 20,091. Panama City Beach is currently growing at a rate of 2.65% annually and its population has increased by 11.49% since the most recent census, which recorded a population of 18,021 in 2020.
The average household income in Panama City Beach is $105,373 with a poverty rate of 9.11%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Panama City Beach is 45.3 years, 44.7 years for males, and 46.2 years for females.
According to the most recent ACS, the racial composition of Panama City Beach was:
White
Black or African American
Two or more races
Other race
Asian
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 8,163 | 2.23 | 60.9 | 39.1 |
| Married | 3,892 | 2.69 | 75.5 | 24.5 |
| Non Family | 3,078 | 1.37 | 45.6 | 54.4 |
| Female | 758 | 2.77 | 33.6 | 66.4 |
| Male | 435 | 3.29 | 85.5 | 14.5 |
2.62
Average Family Size
2.23
Average Household Size
60.9%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among white people with a rate of 96.13%.
The highest rate of bachelors degrees is among white people with a rate of 36.81%.
All
Male
Female
$45,625
Average Earnings
$52,007
Average Male
$35,904
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
88.14% of Panama City Beach residents speak only English, while 11.86% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 5.86% of the population.
rate
9.11%
Overall Poverty Rate
5.45%
Male Poverty Rate
12.85%
Female Poverty Rate
The race most likely to be in poverty in Panama City Beach is Other, with 26.45% below the poverty level.
The race least likely to be in poverty in Panama City Beach is White, with 7.32% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 2.44%. Among those working part-time, it was 16.96%, and for those that did not work, the poverty rate was 14.01%.
Married
Widowed
Divorced
Separated
NeverMarried
50.7%
Overall Marriage Rate
51.8%
Male Marriage Rate
49.7%
Female Marriage Rate
male
female
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.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
3.14%
Veteran Poverty Rate
27.55%
Veteran Disability Rate
LaborForceParticipation
67.6%
Labor Force Participation
64%
Employment Rate
2.8%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
24.06%
Born in Panama City Beach
88.23%
Native Born
11.77%
Foreign Born
7.1%
Non Citizen
4.67%
Naturalized
88.23% of Panama City Beach residents were born in the United States, with 24.06% having been born in Florida. 7.1% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 22,678 | 517 | 2.33% |
| 2028 | 22,161 | 518 | 2.39% |
| 2027 | 21,643 | 517 | 2.45% |
| 2026 | 21,126 | 518 | 2.51% |
| 2025 | 20,608 | 517 | 2.57% |
| 2024 | 20,091 | 518 | 2.65% |
| 2023 | 19,573 | 517 | 2.71% |
| 2022 | 19,056 | 688 | 3.75% |
| 2021 | 18,368 | 347 | 1.93% |
| 2020 | 18,021 | 5,434 | 43.17% |
| 2019 | 12,587 | -589 | -4.47% |
| 2018 | 13,176 | 316 | 2.46% |
| 2017 | 12,860 | 91 | 0.71% |
| 2016 | 12,769 | 147 | 1.16% |
| 2015 | 12,622 | 234 | 1.89% |
| 2014 | 12,388 | 354 | 2.94% |
| 2013 | 12,034 | 218 | 1.84% |
| 2012 | 11,816 | 178 | 1.53% |
| 2011 | 11,638 | 27 | 0.23% |
| 2010 | 11,611 | 3,940 | 51.36% |
| 2000 | 7,671 | 3,620 | 89.36% |
| 1990 | 4,051 | 0 | 0% |