Panama City Beach, FL 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 17,882 residents in Panama City Beach, with a median age of 44.8. Of this, 51.22% are males and 48.78% are females. US-born citizens make up 82.51% of the resident pool in Panama City Beach, while non-US-born citizens account for 9.09%. Additionally, 8.4% of the population is represented by non-citizens.
A total of 13,940 people in Panama City Beach currently live in the same house as they did last year.
Y-o-Y Change
Total Population 17,882 40.3%
Male Population 9,159 37.8%
Female Population 8,723 43.0%
Male population 51.22%
Female population 48.78%
Y-o-Y Change
Median Age 44.8 3.0%
Citizen US Born 14,755 39.8%
Citizen not US Born 1,625 57.3%
Not Citizen 1,502 29.6%
Citizen US Born 82.51%
Citizen not US Born 9.09%
Not Citizen 8.4%
Y-o-Y Change
Moved from Abroad 304 328.2%
Moved from Same County 1,717 28.9%
Moved from Same State 611 31.7%
Moved from Different State 1,215 17.1%
Same House as Last Year 13,940 43.4%
Moved from Abroad 1.71%
Moved from Same County 9.65%
Moved from Same State 3.44%
Moved from Different State 6.83%
Same House as Last Year 78.37%

What are the employment statistics in Panama City Beach?

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White-collar workers make up 85.81% of the working population in Panama City Beach, while blue-collar employees account for 14.19%. There are also 1,235 entrepreneurs in Panama City Beach (12.76% of the workforce); 6,212 workers employed in private companies (64.17%); and 1,694 people working in governmental institutions (17.5%).
Y-o-Y Change
White Collar 8,307 41.2%
Blue Collar 1,374 31.6%
White Collar 85.81%
Blue Collar 14.19%
Y-o-Y Change
Self Employees 1,235 38.0%
Private Companies 6,212 41.9%
Governmental Workers 1,694 34.9%
Not for Profit Companies 540 36.0%
Self Employees 12.76%
Private Companies 64.17%
Governmental Workers 17.5%
Not for Profit Companies 5.58%

How many households are there in Panama City Beach?

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There are a total of 7,801 households in Panama City Beach, each made up of around 2 members. Family establishments represent 64.02% of these Panama City Beach households, while non-family units account for the remaining 35.98%. Additionally, 24.61% of households have children and 75.39% of households are without children.
Y-o-Y Change
Total Households 7,801 40.9%
Average People Per Household 2 -0.4%
Family Households 4,994 45.2%
Non-family Households 2,807 33.8%
Family Households 64.02%
Non-family Households 35.98%
Y-o-Y Change
Households with Children 1,920 40.2%
Households without Children 5,881 41.1%
Households with Children 24.61%
Households without Children 75.39%

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 $91,785, while the median household income sits at $70,131 per year. Residents aged 25 to 44 earn $69,170, while those between 45 and 64 years old have a median wage of $72,252. In contrast, people younger than 25 and those older than 65 earn less, at $55,197 and $63,056, respectively.
Y-o-Y Change
Average Household Income $91,785 7.5%
Median Household Income $70,131 7.5%
People below Poverty Level 1,528 61.7%
People above Poverty Level 16,242 39.1%

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

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There are 20,020 housing units in Panama City Beach, and the median year in which these properties were built is 2000. Of the 7,801 occupied housing units in Panama City Beach, 60.51% are owner-occupied, while 39.49% have renters living in them.
Meanwhile, properties bought with mortgages account for 60.17% of the units, and the median value of a home with a mortgage is $298,700. In general, housing costs reach $1,413 per month in Panama City Beach.
Y-o-Y Change
Housing Units 20,020 18.0%
Median Year Built 2000 0.0%
Built in 1939 or Earlier 24 4.3%
Built between 1940 and 1949 271 12.9%
Built between 1950 and 1959 139 -10.9%
Built between 1960 and 1969 258 79.2%
Built between 1970 and 1979 1,487 27.5%
Built between 1980 and 1989 4,341 16.7%
Built between 1990 and 1999 3,251 22.3%
Built between 2000 and 2009 8,632 10.0%
Built between 2010 and 2019 1,617 N/A
Y-o-Y Change
Occupied Housing Units 7,801 40.9%
Owner Occupied 4,720 37.0%
Renter Occupied 3,081 47.1%
Owner Occupied 60.51%
Renter Occupied 39.49%
Y-o-Y Change
With Mortgage 2,840 40.8%
Without Mortgage 1,880 31.7%
Median Value with Mortgage $298,700 9.4%
Median Value without Mortgage $278,700 7.7%
Median Housing Costs per Month $1,413 6.6%
With Mortgage 60.17%
Without Mortgage 39.83%

What is the level of education in Panama City Beach?

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Approximately 30.36% of the population in Panama City Beach holds a high school degree (that's 4,517 residents), while 24.37% have attained a college certificate (4,896 locals) and 19.46% have a bachelor's degree (2,895 people).
Y-o-Y Change
No High School 628 74.4%
Some High School 4,517 41.4%
Some College 4,896 37.3%
Associate Degree 1,668 20.4%
Bachelor's Degree 2,895 46.1%
Graduate Degree 1,544 48.0%
No High School 4.22%
Some High School 30.36%
Some College 24.37%
Associate Degree 11.21%
Bachelor's Degree 19.46%
Graduate Degree 10.38%

What is the marital status of Panama City Beach residents?

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A total of 3,875 people in Panama City Beach have never been married (which represents 25.09% of the total population), while 8,181 of them are wedded (52.96%). Separated and divorced residents are in smaller numbers, at 339 (2.19%) and 2,619 (16.95%), respectively.
Y-o-Y Change
Never Married 3,875 34.0%
Married 8,181 43.3%
Separated 339 23.7%
Widowed 772 23.5%
Divorced 2,619 48.1%
Never Married 25.09%
Married 52.96%
Separated 2.19%
Widowed 5%
Divorced 16.95%

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, walking and bus or trolley bus. A total of 8,798 residents commute by car, 101 prefer going to work by walking and 97 by bus or trolley bus.
Y-o-Y Change
Car 8,798 36.8%
Bus or TrolleyBus 97 44.8%
Bicycle 18 -5.3%
Motorcycle 17 70.0%
Walk 101 106.1%

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 14,355 6,153 $64,102.00 $88,693.00
32408 19,821 8,706 $62,386.00 $90,031.00
32413 14,472 6,835 $71,125.00 $93,107.00

Methodology & Disclaimers


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2021 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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