Panama City, Florida Population 2022

32,231
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Panama City is a city located in Bay County Florida. It is also the county seat of Bay County. With a 2020 population of 32,231, it is the 127th largest city in Florida and the 1414th largest city in the United States. Panama City is currently declining at a rate of -1.09% annually and its population has decreased by -10.35% since the most recent census, which recorded a population of 35,952 in 2020. Spanning over 41 miles, Panama City has a population density of 920 people per square mile.

The average household income in Panama City is $60,208 with a poverty rate of 17.49%. The median rental costs in recent years comes to $964 per month, and the median house value is $169,100. The median age in Panama City is 39 years, 37.1 years for males, and 41.2 years for females.

Panama City Demographics

According to the most recent ACS, the racial composition of Panama Citywas:

  • White: 70.93%
  • Black or African American: 20.87%
  • Two or more races: 4.56%
  • Other race: 2.24%
  • Asian: 0.85%
  • Native American: 0.35%
  • Native Hawaiian or Pacific Islander: 0.19%
The current population of Panama City, Florida is 32,231 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 35,952.

Panama City, Florida Population 2022

2021 and 2022 population is estimated by projecting the 2019 numbers.

Panama City Metro Area Population by Year

Population by Race

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Panama City Population by Race

Panama City Population Pyramid 2022

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Panama City Median Age

39.8


Total

38


Male

41.2


Female

Panama City Adults

There are 28,229 adults, (6,586 of whom are seniors) in Panama City.

Panama City Age Dependency

Age Dependency Ratio

30.4

Old Age Dependency Ratio

35.7

Child Dependency Ratio

Panama City Sex Ratio

Female

19,541

54.35%

Male

16,411

45.65%

Panama City Population by Age

Panama City Renter vs Owner Occupied by Household Type

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Panama City Household Types

52.5%

Rate of Home Ownership

Panama City Households and Families

2.97

Average Family Size

2.25

Average Household Size

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Panama City Households by Type

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Panama City Educational Attainment by Sex (over 25)

Panama City Educational Attainment by Race

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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 native american people with a rate of 44.09%.

Panama City Educational Attainment by Race

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$33,755

Average Earnings

$40,786

Average Male

$30,455

Average Female

Panama City Earnings by Educational Attainment

Panama City Language by Age

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Panama City Language

92.21% of Panama City residents speak only English, while 7.79% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 5.40% of the population.

Panama City Language

Panama City Poverty by Race

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17.49%

Overall Poverty Rate

15.20%

Male Poverty Rate

19.40%

Female Poverty Rate

Poverty in Panama City

The race most likely to be in poverty in Panama City is Multiple, with 38.47% below the poverty level.

The race least likely to be in poverty in Panama City is Other, with NaN% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 4.01%. Among those working part-time, it was 19.77%, and for those that did not work, the poverty rate was 24.77%.

Panama City Poverty

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Panama City Poverty Rate by Education

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Panama City Poverty Rate by Employment Status and Sex

Panama City Income by Household Type

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Income by Household Type

Panama City Marital Status

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Marriage Rates

39.9%

Overall Marriage Rate

45.5%

Male Marriage Rate

35.4%

Female Marriage Rate

Panama City Married by Age and Sex

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Panama City Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.

Panama City Marital Status by Race

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Panama City Marital Status

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3,396

Number of Veterans

Male Veterans

Female Veterans

Panama City Veterans by War

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Panama City Veterans by Age

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Panama City Veterans by Race

Panama City Veterans by Education

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6.37%

Veteran Poverty Rate

37.13%

Veteran Disability Rate

Panama City Veterans by Education

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61.6%

Labor Force Participation

56.5%

Employment Rate

6.3%

Unemployment Rate

Panama City Employment by Age

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Panama City Employment by Race

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Panama City 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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46.73%

Born in Panama City

93.10%

Native Born

6.90%

Foreign Born

4.71%

Non Citizen

2.18%

Naturalized

Place of Birth

93.10% of Panama City residents were born in the United States, with 46.73% having been born in Florida. 4.71% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Panama City Place of Birth

Note: 2021 and 2022 data is projected

Panama City Population by Year