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Panama City, FL Metro Area&

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Population
194,212
1.61% growth
Median Age
40.1
Median Household Income
$47,958
2.03% growth
Poverty Rate
15.6%
Number of Employees
85,180
2.01% growth
Median Property Value
$160,500
2.36% growth

About the photo: Sunset over the Gulf

Economy

The economy of Panama City, FL Metro Area employs 85,180 people. The economy of Panama City, FL Metro Area is specialized in Real Estate, Rental & Leasing; Public Admin.; and Accommodation & Food Service, which employ respectively 1.74; 1.64; and 1.57 times more people than what would be expected in a location of this size. The largest industries in Panama City, FL Metro Area are Retail trade (12,351), Healthcare & Social Assistance (10,837), and Accommodation & Food Service (10,107), and the highest paying industries are Professional, Scientific, Tech Services ($49,343), Finance & Insurance ($37,795), and Mining, Quarrying, Oil, Gas Extraction ($37,422).

Median household income in Panama City, FL Metro Area is $47,958. Males in Panama City, FL Metro Area have an average income that is 1.34 times higher than the average income of females, which is $43,586. The income inequality of Panama City, FL Metro Area (measured using the Gini index) is 0.479 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Panama City, FL Metro Area. In Florida the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 73 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,943. Duval County, FL has the highest prevalence of homicides of any county in Florida.

Coverage

Clinician to Patient Rates

The closest comparable data for the metropolitan statistical area of Panama City, FL Metro Area is from the state of Florida.

Insurance Coverage by Age and Gender

Medicare Enrollment and Reimbursements by Location

Trends in Medicare Enrollment and Reimbursements

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Diversity

Panama City, FL Metro Area is home to a population of 194,212 people, from which 97.5% are citizens. The ethnic composition of the population of Panama City, FL Metro Area is composed of 150,267 White residents (77.4%), 21,689 Black residents (11.2%), 10,979 Hispanic residents (5.65%), 5,567 Two+ residents (2.87%), and 4,101 Asian residents (2.11%). The most common foreign languages in Panama City, FL Metro Area are Spanish (5,208 speakers), Vietnamese (1,019 speakers), and Tagalog (504 speakers), but compared to other places, Panama City, FL Metro Area has a relative high number of Thai (130 speakers), Hungarian (66 speakers), and Vietnamese (1,019 speakers).

Age

Age by Nativity

Heritage

Global Diversity

Citizenship

Race & Ethnicity

Non-English Speakers

Military

Veterans

Education

In 2015 universities in Panama City, FL Metro Area awarded 1,380 degrees. The student population of Panama City, FL Metro Area is skewed towards females, with 499 male students and 881 female students. Most students in Panama City, FL Metro Area are White (1,068 and 77.4%), followed by Black or African American (121 and 8.77%), Hispanic or Latino (65 and 4.71%), and Two or more races (50 and 3.62%). The largest universities in Panama City, FL Metro Area by number of graduates are Gulf Coast State College (1,215 and 88%), Tom P Haney Technical Center (165 and 12%), and N/A (N/A and N/A). The most popular majors in Panama City, FL Metro Area are Liberal Arts & Sciences (595 and 43.1%), Registered Nursing (115 and 8.33%), and Physical Therapy Technician (22 and 1.59%). The median tuition costs in Panama City, FL Metro Area are N/A for private four year colleges, and $1,750 and $7,064 respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Universities

Student Gender for Common Institutions

Student Race & Ethnicity

Housing & Living

The median property value in Panama City, FL Metro Area is $160,500, which is 0.78 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $156,800 to $160,500, a 2.36% increase. The homeownership rate of Panama City, FL Metro Area is 62.7%, which is lower than the national average of 63.6%. People in Panama City, FL Metro Area have an average commute time of 22.1 minutes, and they commute by Drove Alone. Car ownership in Panama City, FL Metro Area is approximately the same as the national average, with an average of 2 cars per household.

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Commuter Transportation

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