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CITY · 2000 CENSUS

Panama City

Florida · 36,417 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 $31,572. Population has held roughly steady since 1990. Median home value has risen by half since 1990, reaching $75,200.

At a glance
Lower income
below the US median
US median: $42,589
Mid-age
median age 37.2
US median: 35.2
Less educated
19% hold a bachelor's degree
US average: 24%
Stable housing
home values roughly flat, inflation adjusted
US median home: $120,530
Section 01

Population & growth

36,417
+6%since 1990
from 34,378 in 1990
1990 – 2025
1,028 / sq mi
+6%since 1990
from 970 / sq mi in 1990
US average: 242
37.2
+7%since 1990
from 34.9 in 1990
US average: 35.2
Population, 19902024
33K34K35K36K37K1990201020202024Panama City
202435K
1990201020202024
Section 02

Income & economy

$31,572
+10%inflation adjusted, since 1990
from $21,881 in 1990
US average: $42,589
1990 – 2024
$17,830
+47%since 1990
from $12,169 in 1990
US average: $21,522
17.2%
−2.4 ptssince 1990
from 19.6% in 1990
US average: 12.4%
Section 03

Housing

$75,200
+15%inflation adjusted, since 1990
from $49,500 in 1990
US average: $120,530
1990 – 2024
$526
+10%inflation adjusted, since 1990
from $364 in 1990
US average: $602
57.8%
−0.5 ptssince 1990
from 58.3% in 1990
42.2% rent
2.4
+5%since 1990
from 2.3 in 1990
1990 – 2024
RELATED:See current rent listings in Panama City on RentDataNow
Section 04

Race & ethnicity

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

Education

18.9%
+2.1 ptssince 1990
from 16.7% in 1990
US average: 24.4%
High school or higher
79.2%
+8.8 ptssince 1990
from 70.3% in 1990
US average: 80.3%
7.4%
+1.8 ptssince 1990
from 5.6% in 1990
US average: 8.8%
Section 06

Commute & transportation

11.6 min
−20%since 1990
from 14.5 min in 1990
US average: 17.6
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 36,417 residents according to the 2000 Census.

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

The typical household in Panama City, Florida earns about $31,572 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 $75,200, and the typical rent is about $526 a month.

How educated are people in Panama City, Florida?

About 18.9% 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 17.2% 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 2,039 residents, a change of about 6 percent over that period.

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

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