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CITY · 2010 ACS

Panama City Beach

Florida · 12,018 residents · 19.305 sq mi
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The short version

Panama City Beach has roughly average household income, with a median household income of $49,588. The city has grown rapidly, with population up 57% since 2000. Median home value has more than doubled since 2000, reaching $256,100.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 40.9
US median: 37.2
Less educated
23% hold a bachelor's degree
US average: 28%
Less affordable
home values up 93%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
12,018
+57%since 2000
from 7,671 in 2000
1990 – 2025
Population density
623 / sq mi
+57%since 2000
from 397 / sq mi in 2000
US average: 261
Median age
40.9
−8%since 2000
from 44.4 in 2000
US average: 37.2
Population, 1990 – 2024
3K7K12K16K20K1990201020202024Panama City Beach
202419K
1990201020202024
Section 02

Income & economy

Median household income
$49,588
−5%inflation adjusted, since 2000
from $41,198 in 2000
US average: $52,703
1990 – 2024
Per capita income
$28,353
+6%since 2000
from $26,734 in 2000
US average: $27,286
Households earning $100K+
31.7%
−1.7 ptssince 2009
from 33.4% in 2009
US average: 33.3%
Poverty rate
11.6%
+6.6 ptssince 2000
from 5.0% in 2000
US average: 13.8%
Income inequality (Gini)
0.371
US average: 0.461
Workforce by industry, 2010
Information17.8%
US avg: 11.5%
Wholesale trade12.7%
US avg: 7.2%
Other services5.7%
US avg: 7%
Finance & insurance3.8%
US avg: 5.1%
Retail trade2.9%
US avg: 10.9%
Professional, scientific, technical2.3%
US avg: 4.2%
Public administration2.1%
US avg: 4.9%
Arts, entertainment, food2.1%
US avg: 2.4%
Transportation & warehousing1.6%
US avg: 3.1%
Education & health services1.6%
US avg: 0.9%
Agriculture, forestry, fishing0.7%
US avg: 1.9%
Manufacturing0.7%
US avg: 0.5%
Construction0%
US avg: 1.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$256,100
+93%inflation adjusted, since 2000
from $105,000 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$1,124
+32%inflation adjusted, since 2000
from $671 in 2000
US average: $853
Owner-occupied
33.8%
−40.0 ptssince 2000
from 73.8% in 2000
46.7% rent
Vacancy rate
68.4%
+4.9 ptssince 2009
from 63.5% in 2009
US average: 12.1%
Owner cost-burdened
36.5%
+4.3 ptssince 2009
from 32.2% in 2009
US average: 30.9%
Renter cost-burdened
48.7%
+6.3 ptssince 2009
from 42.4% in 2009
US average: 46.8%
Afford Score
5.2
+103%since 2000
from 2.5 in 2000
1990 – 2024
RELATED:See current rent listings in Panama City Beach on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.6%(7,253)
Black0.8%(59)
Hispanic / Latino2.2%(169)
Asian0.8%(59)
Other0%
Diversity Score9.3%(710)
2010
White, non-Hispanic86%(10,334)
Black2.2%(268)
Hispanic / Latino5.8%(697)
Asian2.7%(326)
Other2.6%(312)
Diversity Score30.6%(3,683)
Diversity Score
31
+231%since 2000
from 9 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
22.9%
−1.2 ptssince 2000
from 24.1% in 2000
US average: 27.9%
High school or higher
89.7%
+2.2 ptssince 2000
from 87.5% in 2000
US average: 84.9%
Graduate degree
9.3%
+0.3 ptssince 2000
from 9.1% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
20.3 min
+57%since 2000
from 12.9 min in 2000
US average: 25.2
Drive alone to work
82.4%
−4.3 ptssince 2009
from 86.7% in 2009
US average: 76.2%
Carpooled to work
11.0%
+3.1 ptssince 2009
from 7.9% in 2009
US average: 10.4%
Public transit
0.5%
−0.2 ptssince 2009
from 0.8% in 2009
US average: 4.7%
Worked from home
2.7%
+0.2 ptssince 2009
from 2.5% in 2009
US average: 4.1%
Walked to work
1.6%
+1.0 ptssince 2009
from 0.6% in 2009
US average: 2.8%
Biked to work
0.8%
+0.6 ptssince 2009
from 0.2% in 2009
US average: 0.5%
No vehicle available
2.4%
+0.1 ptssince 2009
from 2.3% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
9.8%
+0.8 ptssince 2009
from 8.9% in 2009
US average: 12.9%
Management & professional
29.2%
−35.2 ptssince 2009
from 64.3% in 2009
US average: 35.2%
Section 08

People & community

Male
50.0%
+0.4 ptssince 2009
from 49.6% in 2009
Female
50.0%
−0.4 ptssince 2009
from 50.4% in 2009
Foreign born
10.5%
+3.4 ptssince 2009
from 7.1% in 2009
US average: 12.8%
Veterans
14.9%
−32.7 ptssince 2009
from 47.6% in 2009
US average: 9.9%
Drill deeper

Places similar to Panama City Beach

Lynn Haven
Pop 22,479
Punta Gorda
Pop 20,383
Auburndale
Pop 21,369
Gibsonton
Pop 18,754
Places similar to Panama City Beach
Head to head

Compare Panama City Beach to nearby cities

PANAMA CITY BEACH VS
Upper Grand Lagoon
Income$82,157+66%
Home value$373,200+46%
Population17,232−15%
SEE FULL COMPARISON →
PANAMA CITY BEACH VS
Panama City
Income$62,265+26%
Home value$268,900+5%
Population37,806+86%
SEE FULL COMPARISON →
PANAMA CITY BEACH VS
Lynn Haven
Income$80,973+63%
Home value$320,000+25%
Population22,479+10%
SEE FULL COMPARISON →
PANAMA CITY BEACH VS
Springfield
Income$54,462+10%
Home value$188,600−26%
Population8,551−58%
SEE FULL COMPARISON →
Frequently asked

How many people live in Panama City Beach, Florida?

Panama City Beach, Florida has about 12,018 residents according to the 2010 American Community Survey.

What is the median household income in Panama City Beach, Florida?

The typical household in Panama City Beach, Florida earns about $49,588 a year. Half of households make more than that, and half make less.

Is Panama City Beach, Florida expensive?

In Panama City Beach, Florida, the median home is worth about $256,100, and the typical rent is about $1,124 a month.

How educated are people in Panama City Beach, Florida?

About 22.9% of adults age 25 and over in Panama City Beach, Florida hold a bachelor's degree or higher.

What is the poverty rate in Panama City Beach, Florida?

About 11.6% of people in Panama City Beach, Florida live below the federal poverty line.

Has Panama City Beach, Florida grown since 1990?

Yes, Panama City Beach, Florida has grown since 1990. The population has added about 7,791 residents, a change of about 184 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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