In 2023, Panama City Beach, FL had a population of 18.5k people with a median age of 45.2 and a median household income of $78,921. Between 2022 and 2023 the population of Panama City Beach, FL grew from 18,281 to 18,493, a 1.16% increase and its median household income grew from $76,091 to $78,921, a 3.72% increase.
The 5 largest ethnic groups in Panama City Beach, FL are White (Non-Hispanic) (77.8%), Black or African American (Non-Hispanic) (7.06%), Other (Hispanic) (2.56%), White (Hispanic) (2.5%), and Two Races Excluding Other, & Three or More Races (Non-Hispanic) (2.44%).
None of the households in Panama City Beach, FL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
94.4% of the residents in Panama City Beach, FL are U.S. citizens.
In 2023, the median property value in Panama City Beach, FL was $417,800, and the homeownership rate was 62.1%.
Most people in Panama City Beach, FL drove alone to work, and the average commute time was 23.8 minutes. The average car ownership in Panama City Beach, FL was 2 cars per household.