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CITY · 1990 CENSUS

Panama City

Florida · 34,378 residents · 35.434 sq mi
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The short version

Panama City has notably lower household income than the US average, with a median household income of $21,881. Population has declined 6% since 2000. Median home value is $49,500.

At a glance
Lower income
below the US median
US median: $30,130
Mid-age
median age 34.9
US median: 33.0
Less educated
17% hold a bachelor's degree
US average: 20%
More affordable
home values down 13%, inflation adjusted
US median home: $93,722
Section 01

Population & growth

34,378
−6%vs 2000
vs 36,417 in 2000
1990 – 2025
970 / sq mi
−6%vs 2000
vs 1,028 / sq mi in 2000
US average: 221
34.9
−6%vs 2000
vs 37.2 in 2000
US average: 33.0
Population, 19902024
33K34K35K36K37K1990201020202024Panama City
202435K
1990201020202024
Section 02

Income & economy

$21,881
−9%inflation adjusted, since 2000
vs $31,572 in 2000
US average: $30,130
1990 – 2024
$12,169
−32%vs 2000
vs $17,830 in 2000
US average: $14,340
19.6%
+2.4 ptsvs 2000
vs 17.2% in 2000
US average: 13.2%
Section 03

Housing

$49,500
−13%inflation adjusted, since 2000
vs $75,200 in 2000
US average: $93,722
1990 – 2024
$364
−9%inflation adjusted, since 2000
vs $526 in 2000
US average: $450
58.3%
+0.5 ptsvs 2000
vs 57.8% in 2000
41.7% rent
2.3
−5%vs 2000
vs 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Panama City on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic72.3%(26,317)
Black21%(7,648)
Hispanic / Latino2.9%(1,060)
Asian1.5%(560)
Other0%
Diversity Score50.7%(18,470)
1990
White, non-Hispanic76.1%(26,151)
Black21%(7,232)
Hispanic / Latino1.8%(606)
Asian1.6%(541)
Other1.3%(454)
Diversity Score49.7%(17,094)
50
−2%vs 2000
vs 51 in 2000
1990 – 2024
Section 05

Education

16.7%
−2.1 ptsvs 2000
vs 18.9% in 2000
US average: 20.3%
High school or higher
70.3%
−8.8 ptsvs 2000
vs 79.2% in 2000
US average: 75.2%
5.6%
−1.8 ptsvs 2000
vs 7.4% in 2000
US average: 7.1%
Section 06

Commute & transportation

14.5 min
+25%vs 2000
vs 11.6 min in 2000
US average: 21.9
Section 07

Work & employment

No data for the years selected.

Section 08

People & community

No data for the years selected.

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Frequently asked

How many people live in Panama City, Florida?

Panama City, Florida has about 34,378 residents according to the 1990 Census.

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

The typical household in Panama City, Florida earns about $21,881 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 $49,500, and the typical rent is about $364 a month.

How educated are people in Panama City, Florida?

About 16.7% 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 19.6% of people in Panama City, Florida live below the federal poverty line.

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

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