Panama City Beach Demographics

Population - Employment - Households - Income / Financial - Housing - Education - Marital Status - Means of Transport to Work - Median Income by Zipcode

What is the population of Panama City Beach?

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There are 12,747 residents in Panama City Beach, with a median age of 43.5. Of this, 52.15% are males and 47.85% are females. US-born citizens make up 82.8% of the resident pool in Panama City Beach, while non-US-born citizens account for 8.1%. Additionally, 9.09% of the population is represented by non-citizens.
A total of 9,724 people in Panama City Beach currently live in the same house as they did last year.
Y-o-Y Change
Total Population 12,747 0.0%
Male Population 6,647 0.9%
Female Population 6,100 -1.1%
Male population 52.15%
Female population 47.85%
Y-o-Y Change
Median Age 43.5 2.1%
Citizen US Born 10,555 -3.8%
Citizen not US Born 1,033 16.5%
Not Citizen 1,159 29.6%
Citizen US Born 82.8%
Citizen not US Born 8.1%
Not Citizen 9.09%
Y-o-Y Change
Moved from Abroad 71 -5.3%
Moved from Same County 1,332 -3.0%
Moved from Same State 464 70.0%
Moved from Different State 1,038 -12.1%
Same House as Last Year 9,724 0.8%
Moved from Abroad 0.56%
Moved from Same County 10.55%
Moved from Same State 3.67%
Moved from Different State 8.22%
Same House as Last Year 77%

What are the employment statistics in Panama City Beach?

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White-collar workers make up 84.93% of the working population in Panama City Beach, while blue-collar employees account for 15.07%. There are also 895 entrepreneurs in Panama City Beach (12.92% of the workforce); 4,379 workers employed in private companies (63.22%); and 1,256 people working in governmental institutions (18.13%).
Y-o-Y Change
White Collar 5,883 2.1%
Blue Collar 1,044 17.8%
White Collar 84.93%
Blue Collar 15.07%
Y-o-Y Change
Self Employees 895 27.7%
Private Companies 4,379 -0.3%
Governmental Workers 1,256 3.0%
Not for Profit Companies 397 18.5%
Self Employees 12.92%
Private Companies 63.22%
Governmental Workers 18.13%
Not for Profit Companies 5.73%

How many households are there in Panama City Beach?

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There are a total of 5,538 households in Panama City Beach, each made up of around 2 members. Family establishments represent 62.12% of these Panama City Beach households, while non-family units account for the remaining 37.88%. Additionally, 24.72% of households have children and 75.28% of households are without children.
Y-o-Y Change
Total Households 5,538 -1.0%
Average People Per Household 2 0.9%
Family Households 3,440 5.6%
Non-family Households 2,098 -10.2%
Family Households 62.12%
Non-family Households 37.88%
Y-o-Y Change
Households with Children 1,369 7.8%
Households without Children 4,169 -3.5%
Households with Children 24.72%
Households without Children 75.28%

What are the median and average incomes in Panama City Beach?

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The average annual household income in Panama City Beach is $85,360, while the median household income sits at $65,253 per year. Residents aged 25 to 44 earn $66,881, while those between 45 and 64 years old have a median wage of $70,993. In contrast, people younger than 25 and those older than 65 earn less, at $46,696 and $53,182, respectively.
Y-o-Y Change
Average Household Income $85,360 6.9%
Median Household Income $65,253 2.1%
People below Poverty Level 945 58.8%
People above Poverty Level 11,678 -2.0%

How many homeowners and renters are there in Panama City Beach?

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There are 16,966 housing units in Panama City Beach, and the median year in which these properties were built is 2000. Of the 5,538 occupied housing units in Panama City Beach, 62.19% are owner-occupied, while 37.81% have renters living in them.
Meanwhile, properties bought with mortgages account for 58.57% of the units, and the median value of a home with a mortgage is $272,900. In general, housing costs reach $1,325 per month in Panama City Beach.
Y-o-Y Change
Housing Units 16,966 1.0%
Median Year Built 2000 0.0%
Built in 1939 or Earlier 23 4.6%
Built between 1940 and 1949 240 32.6%
Built between 1950 and 1959 156 -11.9%
Built between 1960 and 1969 144 -35.7%
Built between 1970 and 1979 1,166 12.0%
Built between 1980 and 1989 3,721 -10.8%
Built between 1990 and 1999 2,658 5.6%
Built between 2000 and 2009 7,846 3.5%
Built in 2010 or Later 1,012 14.7%
Y-o-Y Change
Occupied Housing Units 5,538 -1.0%
Owner Occupied 3,444 -1.3%
Renter Occupied 2,094 -0.4%
Owner Occupied 62.19%
Renter Occupied 37.81%
Y-o-Y Change
With Mortgage 2,017 -6.7%
Without Mortgage 1,427 7.5%
Median Value with Mortgage $272,900 8.3%
Median Value without Mortgage $258,800 14.2%
Median Housing Costs per Month $1,325 4.7%
With Mortgage 58.57%
Without Mortgage 41.43%

What is the level of education in Panama City Beach?

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Approximately 30.26% of the population in Panama City Beach holds a high school degree (that's 3,194 residents), while 24.55% have attained a college certificate (3,565 locals) and 18.78% have a bachelor's degree (1,982 people).
Y-o-Y Change
No High School 360 65.1%
Some High School 3,194 -0.3%
Some College 3,565 -0.9%
Associate Degree 1,385 16.6%
Bachelor's Degree 1,982 -11.4%
Graduate Degree 1,043 11.8%
No High School 3.41%
Some High School 30.26%
Some College 24.55%
Associate Degree 13.12%
Bachelor's Degree 18.78%
Graduate Degree 9.88%

What is the marital status of Panama City Beach residents?

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A total of 2,892 people in Panama City Beach have never been married (which represents 26.3% of the total population), while 5,710 of them are wedded (51.93%). Separated and divorced residents are in smaller numbers, at 274 (2.49%) and 1,768 (16.08%), respectively.
Y-o-Y Change
Never Married 2,892 4.3%
Married 5,710 -5.4%
Separated 274 9.6%
Widowed 625 0.2%
Divorced 1,768 13.2%
Never Married 26.3%
Married 51.93%
Separated 2.49%
Widowed 5.68%
Divorced 16.08%

What are the most common means of transportation in Panama City Beach?

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The top three means of transportation people in Panama City Beach use to get to work are: car, bus or trolley bus and walking. A total of 6,431 residents commute by car, 67 prefer going to work by bus or trolley bus and 49 by walking.
Y-o-Y Change
Car 6,431 3.9%
Bus or TrolleyBus 67 24.1%
Bicycle 19 11.8%
Motorcycle 10 -67.7%
Walk 49 48.5%

What is the median and average household income in Panama City Beach by zipcode?

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ZipCode Population Number of Households Median Income Average Income
32407 11,277 4,976 $61,450.00 $81,862.00
32408 19,463 8,702 $57,202.00 $82,502.00
32413 14,551 6,558 $72,275.00 $98,681.00

Methodology & Disclaimers


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2020 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

Zip codes included in this demographic data: 32407 32408 32413

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