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NEIGHBORHOOD

Panama Park

Florida · Jacksonville · 5,099 residents · 2.056 sq mi
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The short version

Panama Park has notably lower household income than the US average, with a median household income of $46,487. Population has held roughly steady since 2024. 18% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $129,041. With a median age of 53.9, the population is older than the US median of 38.9. Households here earn about 33% less than the Jacksonville median. These figures are approximated by combining the 2 census tracts that make up Panama Park; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 53.9
US median: 38.9
Less educated
18% hold a bachelor's degree
US average: 36%
Renter-heavy
56% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
5,099
Population density
2,480 / sq mi
US average: 281
Median age
53.9
US average: 38.9
Section 02

Income & economy

Median household income
$46,487
US average: $82,259
Per capita income
$32,453
US average: $44,673
Households earning $100K+
29.9%
US average: 53.3%
Poverty rate
20.3%
US average: 12.5%
Income inequality (Gini)
0.419
US average: 0.476
Workforce by industry, 2024
Information14.4%
US avg: 10.8%
Finance & insurance8.6%
US avg: 5.9%
Professional, scientific, technical8.6%
US avg: 5.1%
Other services8.5%
US avg: 6.7%
Public administration7.9%
US avg: 4.8%
Arts, entertainment, food6%
US avg: 1.9%
Transportation & warehousing4.7%
US avg: 2.2%
Wholesale trade3.2%
US avg: 6.9%
Retail trade1.7%
US avg: 9.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$129,041
US average: $376,019
Median gross rent
$1,116
US average: $1,442
Owner-occupied
55.7%
44.3% rent
Vacancy rate
17.9%
US average: 10.0%
Owner cost-burdened
21.3%
US average: 22.9%
Renter cost-burdened
49.3%
US average: 47.4%
Afford Score
2.8
RELATED:See current rent listings in Panama Park on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic51.8%(2,643)
Black39.9%(2,036)
Hispanic / Latino4.4%(225)
Asian2.3%(115)
Other1.6%(80)
Diversity Score71.1%(3,628)
2024
White, non-Hispanic51.8%(2,643)
Black39.9%(2,036)
Hispanic / Latino4.4%(225)
Asian2.3%(115)
Other1.6%(80)
Diversity Score71.1%(3,628)
Diversity Score
71
Section 05

Education

Bachelor's degree or higher
18.1%
US average: 35.6%
High school or higher
85.0%
US average: 89.6%
Graduate degree
4.7%
US average: 14.0%
Section 06

Commute & transportation

Average commute
30.5 min
US average: 26.5
Drive alone to work
70.7%
US average: 68.9%
Carpooled to work
13.4%
US average: 8.5%
Public transit
4.1%
US average: 3.2%
Worked from home
4.8%
US average: 15.0%
Walked to work
2.9%
US average: 2.4%
Biked to work
0.7%
US average: 0.4%
No vehicle available
12.5%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.4%
US average: 5.2%
Labor force participation
51.2%
US average: 63.5%
Self-employed
7.4%
US average: 13.1%
Management & professional
32.2%
US average: 42.5%
Section 08

People & community

Male
45.8%
Female
54.2%
Foreign born
3.1%
US average: 14.1%
Veterans
12.0%
US average: 6.2%
With a disability
29.8%
US average: 13.3%
Uninsured
11.5%
US average: 8.4%
Broadband at home
76.7%
US average: 91.0%
English only at home
96.5%
US average: 77.7%
Spanish at home
2.4%
US average: 13.6%
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Frequently asked

How many people live in Panama Park, Jacksonville, Florida?

Panama Park, Jacksonville, Florida has about 5,099 residents according to the 2024 American Community Survey.

What is the median household income in Panama Park, Jacksonville, Florida?

The typical household in Panama Park, Jacksonville, Florida earns about $46,487 a year. Half of households make more than that, and half make less.

Is Panama Park, Jacksonville, Florida expensive?

In Panama Park, Jacksonville, Florida, the median home is worth about $129,041, and the typical rent is about $1,116 a month.

How educated are people in Panama Park, Jacksonville, Florida?

About 18.1% of adults age 25 and over in Panama Park, Jacksonville, Florida hold a bachelor's degree or higher.

What is the poverty rate in Panama Park, Jacksonville, Florida?

About 20.3% of people in Panama Park, Jacksonville, Florida live below the federal poverty line.

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Containing area
Jacksonville

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

How we source and harmonize this data →