Median Household Income
$62,265 ± $3,031
Median Home Value
$268,900 ± $16,269
Median Gross Rent
$1,327 ± $53/mo
Per Capita Income
$38,881
Poverty Rate
17.6%
Unemployment Rate
4.4%
Homeownership Rate
56.3%
Bachelor's Degree or Higher
26.4%
Median Age
39.5
Average Commute
19 min
Households
15,169
Veterans
2,764
Population Over Time
Panama City shrank 3.9% from 2014 to 2024.
2014
36,405
2016
36,654
2018
36,880
2020
35,952
2022
34,254
2024
34,979
Population by Race & Ethnicity
White
63.6%
Hispanic or Latino
9.7%
Black or African American
20.1%
Asian
1.7%
Nearby Cities in Florida
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.