METRO AREA · 2010 ACS
Panama City Metro
Panama City-Panama City Beach, FL · 2 counties · 193,748 residents · 1,343.275 sq mi
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Panama City has lower-than-average household income, with a median household income of $46,285. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $166,287.
At a glance
Lower income
below the US median
US median: $52,703
Older
median age 39.6
US median: 37.2
Less educated
19% hold a bachelor's degree
US average: 28%
Less affordable
home values up 62%, inflation adjusted
US median home: $225,659
Section 01
Population & growth
Population, 1990 – 2024
2024212K
Age distribution, 2010
Under 56.2%(12,077)
5 to 95.9%(11,418)
10 to 145.9%(11,458)
15 to 196.4%(12,485)
20 to 246.8%(13,152)
25 to 3413.1%(25,359)
35 to 4412.9%(25,055)
45 to 5415.7%(30,328)
55 to 6412.4%(24,030)
65 to 748.3%(16,006)
75 to 844.7%(9,171)
85 and over1.7%(3,209)
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy
$46,285
+4%inflation adjusted, since 2000
from $35,079 in 2000
US average: $52,703
1990 – 2024
Households earning $100K+
25.5%
+1.1 ptssince 2009
from 24.3% in 2009
US average: 33.3%
Workforce by industry, 2010
Information14.1%
Wholesale trade10.2%
Other services6.1%
Retail trade5.5%
Finance & insurance4.1%
Professional, scientific, technical3.4%
Public administration2.9%
Arts, entertainment, food2.3%
Transportation & warehousing1.6%
Agriculture, forestry, fishing0.8%
Construction0.7%
Education & health services0.6%
Manufacturing0.1%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
$166,287
+62%inflation adjusted, since 2000
from $81,308 in 2000
US average: $225,659
1990 – 2024
3.6
−5%since 2009
from 3.7 in 2009
2009 – 2024
Our index: median home value divided by median household income. Lower is more affordable.
RELATED:See current rent listings in Panama City on RentDataNow
Section 04
Race & ethnicity
2000
White, non-Hispanic82.5%(139,584)
Black10.8%(18,354)
Hispanic / Latino2.4%(4,074)
Asian1.5%(2,605)
Other0%
2010
White, non-Hispanic79.1%(153,341)
Black11.1%(21,542)
Hispanic / Latino4.6%(8,840)
Asian1.8%(3,429)
Other3.4%(6,565)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry
Hispanic origin
Mexican1.5%(2,831)
Puerto Rican1.2%(2,232)
Central American0.6%(1,111)
Cuban0.4%(745)
Panamanian0.3%(453)
South American0.2%(410)
Honduran0.2%(399)
Spaniard0.2%(298)
Colombian0.1%(152)
Peruvian0.1%(152)
Salvadoran0.1%(139)
Guatemalan0.1%(90)
+ 6 more hispanic origin groups with data
Ancestry
Irish13.9%(26,588)
German12.9%(24,572)
American12.5%(23,887)
English12.4%(23,744)
Italian4.4%(8,342)
French3.3%(6,251)
Scotch-Irish2.9%(5,476)
Scottish2.5%(4,759)
Dutch1.6%(3,037)
Polish1.4%(2,759)
Norwegian0.9%(1,702)
French Canadian0.7%(1,243)
+ 44 more ancestry groups with data
Welsh0.5%(1,049)
British0.5%(974)
West Indian0.5%(971)
Arab0.6%(961)
Swedish0.5%(960)
Russian0.5%(920)
Greek0.4%(819)
Danish0.4%(713)
Hungarian0.3%(642)
Portuguese0.3%(615)
Canadian0.3%(573)
Czech0.3%(572)
Subsaharan African0.2%(462)
Jamaican0.2%(361)
Haitian0.2%(346)
Lithuanian0.2%(327)
Ukrainian0.2%(288)
Slovak0.1%(244)
Finnish0.1%(227)
Lebanese0.1%(224)
Austrian0.1%(215)
Swiss0.1%(200)
Egyptian0.1%(192)
Belgian0.1%(167)
Romanian0.1%(156)
Palestinian0.1%(131)
Iraqi0.1%(121)
Brazilian0.1%(90)
Latvian0.1%(88)
Armenian0%(75)
Turkish0%(75)
Trinidadian & Tobagonian0%(73)
Iranian0%(63)
Ghanaian0%(60)
Croatian0%(58)
Bulgarian0%(51)
Slovene0%(41)
Israeli0%(33)
Syrian0%(28)
Ethiopian0%(23)
Moroccan0%(17)
Nigerian0%(16)
Serbian0%(14)
Barbadian0%(14)
Section 05
Education
High school or higher
85.4%
+5.5 ptssince 2000
from 79.8% in 2000
US average: 84.9%
Section 06
Commute & transportation
Section 07
Work & employment
Section 08
People & community
Marital status (2024)
Men 15+
Never married31.3%(27,293)
Married53.6%(46,765)
Widowed2.7%(2,374)
Divorced12.5%(10,869)
Women 15+
Never married24.3%(21,341)
Married51.6%(45,338)
Widowed9.7%(8,544)
Divorced14.4%(12,633)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
In this metro
Largest cities
What's inside
2 component counties
Drill deeper
Metros similar to Panama City
Columbia
Pop 219,062
Athens
Pop 224,148
Medford
Pop 221,795
Punta Gorda
Pop 217,212
Places similar to Panama CityHead to head
Compare Panama City side by side
PANAMA CITY VS
Columbia
Income$72,269+56%
Home value$262,026+58%
Population219,062−5%
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PANAMA CITY VS
Athens
Income$69,695+51%
Home value$314,999+89%
Population224,148−3%
SEE FULL COMPARISON →
PANAMA CITY VS
Medford
Income$73,999+60%
Home value$430,200+159%
Population221,795−4%
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PANAMA CITY VS
Punta Gorda
Income$69,952+51%
Home value$328,900+98%
Population217,212−6%
SEE FULL COMPARISON →
Frequently asked
How many people live in Panama City-Panama City Beach, FL?
Panama City-Panama City Beach, FL has about 193,748 residents according to the 2010 American Community Survey.
What is the median household income in Panama City-Panama City Beach, FL?
The typical household in Panama City-Panama City Beach, FL earns about $46,285 a year. Half of households make more than that, and half make less.
Is Panama City-Panama City Beach, FL expensive?
In Panama City-Panama City Beach, FL, the median home is worth about $166,287, and the typical rent is about $854 a month.
How educated are people in Panama City-Panama City Beach, FL?
About 19.4% of adults age 25 and over in Panama City-Panama City Beach, FL hold a bachelor's degree or higher.
What is the poverty rate in Panama City-Panama City Beach, FL?
About 13.3% of people in Panama City-Panama City Beach, FL live below the federal poverty line.
Has Panama City-Panama City Beach, FL grown since 1990?
Yes, Panama City-Panama City Beach, FL has grown since 1990. The population has added about 49,835 residents, a change of about 35 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · METRO ROLLUP OF COMPONENT COUNTIES · UPDATED 2024