In 2021, Panama City, FL had a population of 181k people with a median age of 40.8 and a median household income of $60,473. Between 2020 and 2021 the population of Panama City, FL grew from 180,076 to 181,384, a 0.726% increase and its median household income grew from $56,483 to $60,473, a 7.06% increase.
The 5 largest ethnic groups in Panama City, FL are White (Non-Hispanic) (75.3%), Black or African American (Non-Hispanic) (10.3%), Two+ (Non-Hispanic) (4.19%), White (Hispanic) (3.73%), and Asian (Non-Hispanic) (2.18%).
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.
96.4% of the residents in Panama City, FL are U.S. citizens.
The largest universities in Panama City, FL are Gulf Coast State College (1,138 degrees awarded in 2021) and Tom P. Haney Technical College (161 degrees).
In 2021, the median property value in Panama City, FL was $209,900, and the homeownership rate was 67.8%.
Most people in Panama City, FL drove alone to work, and the average commute time was 24.3 minutes. The average car ownership in Panama City, FL was 2 cars per household.
Panama City, FL borders Crestview-Fort Walton Beach-Destin, FL.