In 2022, Panama City, FL had a population of 181k people with a median age of 41.2 and a median household income of $65,999. Between 2021 and 2022 the population of Panama City, FL declined from 181,384 to 181,055, a −0.181% decrease and its median household income grew from $60,473 to $65,999, a 9.14% increase.
The 5 largest ethnic groups in Panama City, FL are White (Non-Hispanic) (75%), Black or African American (Non-Hispanic) (10.2%), Two+ (Non-Hispanic) (4.57%), White (Hispanic) (3%), and Two+ (Hispanic) (2.24%).
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.
96.5% 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) and Tom P. Haney Technical College (131 degrees).
In 2022, the median property value in Panama City, FL was $246,800, and the homeownership rate was 68.6%.
Most people in Panama City, FL drove alone to work, and the average commute time was 24.4 minutes. The average car ownership in Panama City, FL was 2 cars per household.
Panama City, FL borders Crestview-Fort Walton Beach-Destin, FL.
