In 2018, Panama City, FL had a population of 199k people with a median age of 39.8 and a median household income of $51,271. Between 2017 and 2018 the population of Panama City, FL grew from 196,135 to 198,537, a 1.22% increase and its median household income grew from $49,863 to $51,271, a 2.82% increase.
The 5 largest ethnic groups in Panama City, FL are White (Non-Hispanic) (76.4%), Black or African American (Non-Hispanic) (11.3%), White (Hispanic) (4.58%), Two+ (Non-Hispanic) (3.13%), and Asian (Non-Hispanic) (2.09%). NaNk% of the people in Panama City, FL speak a non-English language, and 97.3% are U.S. citizens.
The median property value in Panama City, FL is $170,900, and the homeownership rate is 64.3%. Most people in Panama City, FL commute by Drove Alone, and the average commute time is 22.4 minutes. The average car ownership in Panama City, FL is 2 cars per household.
Panama City, FL borders Crestview-Fort Walton Beach-Destin, FL.