In 2023, Panama City, FL had a population of 34.2k people with a median age of 38.6 and a median household income of $61,125. Between 2022 and 2023 the population of Panama City, FL declined from 34,254 to 34,211, a −0.126% decrease and its median household income grew from $57,221 to $61,125, a 6.82% increase.
The 5 largest ethnic groups in Panama City, FL are White (Non-Hispanic) (60.7%), Black or African American (Non-Hispanic) (21%), Two+ (Non-Hispanic) (5.52%), Two+ (Hispanic) (3.83%), and White (Hispanic) (2.43%).
None of the households in Panama City, 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.
94.8% of the residents in Panama City, FL are U.S. citizens.
The largest universities in Panama City, FL are Gulf Coast State College (882 degrees awarded in 2022).
In 2023, the median property value in Panama City, FL was $243,200, and the homeownership rate was 55.1%.
Most people in Panama City, FL drove alone to work, and the average commute time was 20.9 minutes. The average car ownership in Panama City, FL was 2 cars per household.
