United States › Florida › Panama City CITY
Panama City Florida · 37,806 residents (2025 est.) · 35.4 sq mi
Time machine
COMPARE TO 1990 Census 2000 Census 2009 ACS 2010 ACS 2011 ACS 2012 ACS 2013 ACS 2014 ACS 2015 ACS 2016 ACS 2017 ACS 2018 ACS 2019 ACS 2020 ACS 2021 ACS 2022 ACS 2023 ACS
The short version
Panama City is home to 34,979 people in Florida. About 26% of adults have finished a four-year degree. 78% were living in the same home a year earlier. Owners hold 56% of the housing stock. The typical home is worth $268,900, having more than tripled since 2000. Households here earn about 16% less than in Florida as a whole.
At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 39.5
US median: 38.9
Less educated
26% hold a bachelor's degree
US average: 36%
Less affordable
home values up 96%, inflation adjusted
US median home: $376,019
Section 01
Population & growth from 36,417 in 2000
37,806 in 2025 (Census Bureau estimate)
from 1,040 / sq mi in 2009
US average: 281
from 37.2 in 2000
US average: 38.9
Population, 1990 – 2024
33K 34K 35K 36K 37K 1990 2000 2010 2020 2024 Panama City Age distribution, 2024
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy $62,265
+8%inflation adjusted, since 2000
from $31,572 in 2000
US average: $82,259
from $17,830 in 2000
US average: $44,673
Households earning $100K+
from 20.1% in 2009
US average: 53.3%
from 17.2% in 2000
US average: 12.5%
from 0.443 in 2010
US average: 0.476
Workforce by industry, 2024
Public administration 3.9%
Professional, scientific, technical 3.3%
Transportation & warehousing 1.6%
Arts, entertainment, food 1.5%
Education & health services 0.9%
Agriculture, forestry, fishing 0.5%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
$268,900
+96%inflation adjusted, since 2000
from $75,200 in 2000
US average: $376,019
$1,327
+38%inflation adjusted, since 2000
from $526 in 2000
US average: $1,442
from 57.8% in 2000
43.7% rent
from 13.8% in 2009
US average: 10.0%
from 2.23 people in 2009
US average: 2.54
from 30.6% in 2009
US average: 22.9%
from 45.7% in 2009
US average: 47.4%
from 3.9 in 2009
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
Section 04
Race & ethnicity 2000
White, non-Hispanic 72.3%(26,317)
Hispanic / Latino 2.9%(1,060)
2024
White, non-Hispanic 61.8%(21,627)
Hispanic / Latino 9.7%(3,405)
from 60 in 2009
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins
Detailed origins & ancestry Hispanic origin
+ 3 more hispanic origin groups with data Ancestry
+ 27 more ancestry groups with data from 18.9% in 2000
US average: 35.6%
High school or higher
from 79.2% in 2000
US average: 89.6%
from 7.4% in 2000
US average: 14.0%
Section 06
Commute & transportation from 11.6 min in 2000
US average: 26.5
from 79.7% in 2009
US average: 68.9%
from 11.8% in 2009
US average: 8.5%
from 1.0% in 2009
US average: 3.2%
from 2.6% in 2009
US average: 15.0%
from 1.1% in 2009
US average: 2.4%
from 0.8% in 2009
US average: 0.4%
from 7.4% in 2009
US average: 8.3%
Section 07
Work & employment from 9.2% in 2011
US average: 5.2%
from 62.4% in 2011
US average: 63.5%
Women 20-64 in the labor force
from 72.3% in 2020
US average: 74.6%
from 14.1% in 2009
US average: 13.1%
from 33.0% in 2009
US average: 42.5%
Section 08
People & community from 6.1% in 2009
US average: 14.1%
from 16.4% in 2009
US average: 6.2%
from 17.5% in 2012
US average: 13.3%
from 21.4% in 2013
US average: 8.4%
from 76.3% in 2017
US average: 91.0%
Computer in household
from 91.4% in 2020
US average: 95.5%
from 77.0% in 2020
US average: 87.7%
from 90.6% in 2016
US average: 77.7%
from 4.9% in 2016
US average: 13.6%
Marital status
Men 15+
Never married 35.1%(4,603)
Women 15+
Never married 29.5%(4,570)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 21.4% in 2013
US average: 8.4%
from 38.7% in 2020
US average: 54.8%
Direct-purchase
from 15.0% in 2020
US average: 13.8%
from 20.9% in 2020
US average: 18.4%
from 22.4% in 2020
US average: 20.9%
VA health care
from 3.6% in 2020
US average: 2.2%
Any private
from 57.4% in 2020
US average: 67.1%
Any public
from 40.6% in 2020
US average: 36.7%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2024
Gulf War (2001 or later) 24.3%(673)
Gulf War (1990s) 34.4%(950)
Share of the 2,764 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Drill deeper
Places similar to Panama City Head to head
Compare Panama City to nearby cities PANAMA CITY VS
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PANAMA CITY VS
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PANAMA CITY VS
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PANAMA CITY VS
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Frequently asked
How many people live in Panama City, Florida? Panama City, Florida has about 34,979 residents according to the 2024 American Community Survey.
What is the median household income in Panama City, Florida? The typical household in Panama City, Florida earns about $62,265 a year. Half of households make more than that, and half make less.
Is Panama City, Florida expensive? In Panama City, Florida, the median home is worth about $268,900, and the typical rent is about $1,327 a month.
How educated are people in Panama City, Florida? About 26.4% of adults age 25 and over in Panama City, Florida hold a bachelor's degree or higher.
What is the poverty rate in Panama City, Florida? About 17.6% of people in Panama City, Florida live below the federal poverty line.
Has Panama City, Florida grown since 1990? Yes, Panama City, Florida has grown since 1990. The population has added about 601 residents, a change of about 2 percent over that period.
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