Panama City Beach, FL

Census Place

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2022 Population

18,281

2.23% 1-year growth

2022 Median Age

45.3

1.12% 1-year increase

2022 Poverty Rate

9.11%

6.54% 1-year increase

2022 Median Household Income

$76,091

8.5% 1-year growth

2022 Median Property Value

$363,900

25.2% 1-year growth

About

In 2022, Panama City Beach, FL had a population of 18.3k people with a median age of 45.3 and a median household income of $76,091. Between 2021 and 2022 the population of Panama City Beach, FL grew from 17,882 to 18,281, a 2.23% increase and its median household income grew from $70,131 to $76,091, a 8.5% increase.

The 5 largest ethnic groups in Panama City Beach, FL are White (Non-Hispanic) (78.9%), Black or African American (Non-Hispanic) (8.07%), White (Hispanic) (3.65%), Two+ (Non-Hispanic) (2.86%), and Two+ (Hispanic) (2.29%).

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.

92.9% of the residents in Panama City Beach, FL are U.S. citizens.

In 2022, the median property value in Panama City Beach, FL was $363,900, and the homeownership rate was 60.9%.

Most people in Panama City Beach, FL drove alone to work, and the average commute time was 20.7 minutes. The average car ownership in Panama City Beach, FL was 2 cars per household.

About the photo: Panama City, FL

Photo by Phillip Hendon

United States

Population & Diversity

Panama City Beach, FL is home to a population of 18.3k people, from which 92.9% are citizens. As of 2022, 11.9% of Panama City Beach, FL residents were born outside of the country (2.17k people).

In 2022, there were 9.78 times more White (Non-Hispanic) residents (14.4k people) in Panama City Beach, FL than any other race or ethnicity. There were 1.48k Black or African American (Non-Hispanic) and 667 White (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

92.9%

2022 Citizenship

91.6%

2021 Citizenship

As of 2022, 92.9% of Panama City Beach, FL residents were US citizens, which is lower than the national average of 93.5%. In 2021, the percentage of US citizens in Panama City Beach, FL was 91.6%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Panama City Beach, FL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Panama City Beach, FL

White (Non-Hispanic)
14.4k ± 743
Black or African American (Non-Hispanic)
1.48k ± 622
White (Hispanic)
667 ± 279

8.46%

Hispanic Population

1.55k people

8.46% of the people in Panama City Beach, FL are hispanic (1.55k people).

The following chart shows the 7 races represented in Panama City Beach, FL as a share of the total population.

Foreign-Born Population

11.9%

2022 Foreign-Born Population

2.17k people

13.7%

2021 Foreign-Born Population

2.45k people

As of 2022, 11.9% of Panama City Beach, FL residents (2.17k people) were born outside of the United States, which is lower than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Panama City Beach, FL was 13.7%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Panama City Beach, FL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
471 ± 174
Vietnam
434 ± 156
Gulf War (1990s)
267 ± 116

Panama City Beach, FL has a large population of military personnel who served in Gulf War (2001-), 1.09 times greater than any other conflict.

Economy

The economy of Panama City Beach, FL employs 10.2k people. The largest industries in Panama City Beach, FL are Retail Trade (2,093 people), Accommodation & Food Services (1,493 people), and Educational Services (958 people), and the highest paying industries are Professional, Scientific, & Technical Services ($103,603), Professional, Scientific, & Management, & Administrative & Waste Management Services ($72,519), and Wholesale Trade ($68,352).

Employment

Occupations

10.2k

2022 Value

± 976

4.92%

1 Year growth

± 13.1%

From 2021 to 2022, employment in Panama City Beach, FL grew at a rate of 4.92%, from 9.68k employees to 10.2k employees.

The most common job groups, by number of people living in Panama City Beach, FL, are Sales & Related Occupations (2,070 people), Management Occupations (1,397 people), and Office & Administrative Support Occupations (925 people). This chart illustrates the share breakdown of the primary jobs held by residents of Panama City Beach, FL.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in the United States (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

10.2k

2022 Value

± 976

4.92%

1 Year growth

± 13.1%

From 2021 to 2022, employment in Panama City Beach, FL grew at a rate of 4.92%, from 9.68k employees to 10.2k employees.

The most common employment sectors for those who live in Panama City Beach, FL, are Retail Trade (2,093 people), Accommodation & Food Services (1,493 people), and Educational Services (958 people). This chart shows the share breakdown of the primary industries for residents of Panama City Beach, FL, though some of these residents may live in Panama City Beach, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$48,902

Median earning men ± $6,192

$34,642

Median earning women ± $3,286

The industries with the best median earnings for men in 2022 are Finance & Insurance, & Real Estate & Rental & Leasing ($107,639), Public Administration ($83,598), and Other Services Except Public Administration ($78,611).

The industries with the best median earnings for women in 2022 are Manufacturing ($100,179), Public Administration ($56,597), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($52,206).

Civics

are the senators currently representing the state of the United States. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming is currently represented by 435 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Senator Elections

US Senators from the United States

Senator from N/AN/A

N/AN/A
N/A
N/AN/A
N/A

are the senators currently representing the United States.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in the United States over time, excluding special elections, colored by their political party.

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US Representative Elections

US Representatives from Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming have changed over time starting in 2008.

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Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Florida.

Measure

In 2022, 1.19% of men over 25 years of age had not completed any academic degree (no schooling), while 1.2% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for Florida.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (4.97M), Some college (3.58M), and Bachelors Degree (3.32M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Panama City Beach, FL was $363,900 in 2022, which is 1.29 times larger than the national average of $281,900. Between 2021 and 2022 the median property value increased from $290,700 to $363,900, a 25.2% increase. The homeownership rate in Panama City Beach, FL is 60.9%, which is approximately the same as the national average of 64.8%.

People in Panama City Beach, FL have an average commute time of 20.7 minutes, and they drove alone to work. Car ownership in Panama City Beach, FL is approximately the same as the national average, with an average of 2 cars per household.

Property

$363,900

Median Property Value 2022

±$16,465

$4,969

Median Property Taxes

±$586

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Panama City Beach, FL the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Panama City Beach, FL compared to it's parent and neighbor geographies.

Rent vs Own

60.9%

Homeownership

2022

65.2%

Homeowners with Mortgage

2022

In 2022, 60.9% of the housing units in Panama City Beach, FL were occupied by their owner. This percentage grew from the previous year's rate of 60.5%.

This chart shows the percentage of owner in Panama City Beach, FL compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

Census Tract 27.03
Census Tract 26.05

The following map shows all of the places in Panama City Beach, FL colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$76,091

Median Household Income

± $2,549

8.16k

Number of Households

± 772

In 2022, the median household income of the 8.16k households in Panama City Beach, FL grew to $76,091 from the previous year's value of $70,131.

The following chart displays the households in Panama City Beach, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Panama City Beach, FL is from Panama City Beach, FL.

N/A Wage GINI in N/A

In N/A, the income inequality in N/A was N/A according to the GINI calculation of the wage distribution. Income inequality had a N/A N/A from N/A to N/A, which means that wage distribution grew somewhat N/A even. The GINI for N/A was N/A than the national average of 0.478. In other words, wages are distributed N/A evenly in N/A in comparison to the national average.

This chart shows the number of workers in Panama City Beach, FL across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2022

Drove Alone (77.9%)
Carpooled (11.6%)
Worked At Home (7.79%)

In 2022, 77.9% of workers in Panama City Beach, FL drove alone to work, followed by those who carpooled to work (11.6%) and those who worked at home (7.79%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

20.7 minutes

Average Travel Time

Using averages, employees in Panama City Beach, FL have a shorter commute time (20.7 minutes) than the normal US worker (26.7 minutes). Additionally, 0.602% of the workforce in Panama City Beach, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Panama City Beach, FL compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Panama City Beach, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Panama City Beach, FL have 2 cars.

Poverty

Poverty & Diversity

9.11% of the population for whom poverty status is determined in Panama City Beach, FL (1.66k out of 18.2k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 55 - 64, followed by Females 65 - 74 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Panama City Beach, FL is White, followed by Hispanic and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

84.9% of the population of Panama City Beach, FL has health coverage, with 35.7% on employee plans, 8.08% on Medicaid, 11.7% on Medicare, 25.7% on non-group plans, and 3.69% on military or VA plans.

Coverage

Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 17.1% under 18 years, 19.9% between 18 and 34 years, 45.1% between 35 and 64 years, and 17.9% over 64 years.

By gender, of the total number of insured persons, 48.6% were men and 51.4% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

15.1%

Uninsured

35.7%

Employer Coverage

8.08%

Medicaid

11.7%

Medicare

25.7%

Non-Group

3.69%

Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Panama City Beach, FL grew by 5.22% from 14.4% to 15.1%.

The following chart shows how the percent of uninsured individuals in Panama City Beach, FL changed over time compared with the percent of individuals enrolled in various types of health insurance.

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