Panama City Beach, FL demographics:
population, income, and more

Total population
18,971
2.6% year-over-year change
Median household income
$80,941/yr
2.6% year-over-year change
Housing units
21,204
0.6% year-over-year change

Panama City Beach population

How many people live in Panama City Beach

Panama City Beach is home to 18,971 residents, according to the most recent Census data. Gender-wise, 50.4% of Panama City Beach locals are male, and 49.6% are female.

Total population
18,971
2.6% year-over-year change
Gender ratio
Male
50.4%
9,552
Female
49.6%
9,419
Value Percent YoY change
Male 9,552 50.4% 5.0%
Female 9,419 49.6% 0.2%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Panama City Beach is 45, with the population distributed as follows: about 12.6% are children under 15, then 13.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.7% of the population, while another 32.8% fall into the 45 to 64 bracket. Finally, around 17.8% are 65 or older.

Median age
45.4
Age breakdown
Under 15
12.6%
15 to 24
13.1%
25 to 44
23.7%
45 to 64
32.8%
Over 65
17.8%
Value Percent YoY change
Under 15 2,394 12.6% -3.2%
15 to 24 2,485 13.1% 24.4%
25 to 44 4,490 23.7% -4.8%
45 to 64 6,221 32.8% 4.2%
Over 65 3,381 17.8% 1.5%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Panama City Beach, 86.7% of the population are US-born citizens, while 6.9% have gained naturalized citizenship. At the same time, 6.4% of residents are non-citizens. As for race, 79.8% of locals are Caucasian, 5.4% are African American and 1.8% have Asian roots. There’s also a share of 8.8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
86.7%
Non-U.S.-born citizens
6.9%
Non-citizens
6.4%
Value Percent YoY change
U.S.-born citizens 16,446 86.7% 3.8%
Non-U.S.-born citizens 1,313 6.9% -18.3%
Non-citizens 1,212 6.4% 17.0%
Racial breakdown
White
79.8%
Black or African American
5.4%
American Indian and Alaska Native
0.6%
Asian
1.8%
Native Hawaiian and other Pacific Islander
0%
Two or more races
8.8%
Other
3.6%
Value Percent
White 15,129 79.8%
Black or African American 1,032 5.4%
American Indian and Alaska Native 122 0.6%
Asian 332 1.8%
Two or more races 1,676 8.8%
Other 680 3.6%

Households in Panama City Beach

A peek inside Panama City Beach households

Panama City Beach has 8,713 households, with an average of 2 members in each. Of these, 63% are families, while the remaining 37% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
8,713
2.9% year-over-year change
Average people per household
2
Non-family households
3,226
Family households
5,487
Value Percent YoY change
Non-family households 3,226 37% 6.2%
Family households 5,487 63% 1.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Panama City Beach

The housing landscape of Panama City Beach

Panama City Beach's housing consists of 21,204 units, with 25% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.9% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.4% of the housing landscape.

Housing units
21,204
0.6% year-over-year change
Housing types
Value Percent
1 unit, detached 5,297 25%
1 unit, attached 819 3.9%
2 units 174 0.8%
3 or 4 units 483 2.3%
5 to 9 units 1,468 6.9%
10 to 19 units 1,311 6.2%
20 to 49 units 1,551 7.3%
50 or more units 9,775 46.1%
Mobile home 288 1.4%
Boat, RV, van, etc. 38 0.2%
Homes built since 2020
624
140.9% year-over-year change

The age of buildings in Panama City Beach

In Panama City Beach, the median construction year is 2001. About 0.1% of homes were built before the 1940s, with another 0.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 39% of homes were added from 2000 to 2009, 12.7% between 2010 and 2019, and 2.9% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 25 0.1% 0.0%
Built between 1940 and 1949 102 0.5% -36.6%
Built between 1950 and 1959 81 0.4% 30.6%
Built between 1960 and 1969 316 1.5% 6.4%
Built between 1970 and 1979 1,285 6.1% -3.0%
Built between 1980 and 1989 4,493 21.2% -10.3%
Built between 1990 and 1999 3,315 15.6% -1.9%
Built between 2000 and 2009 8,271 39% 1.2%
Built between 2010 and 2019 2,692 12.7% 12.8%
Built in 2020 or later 624 2.9% 140.9%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Panama City Beach occupancy rates

Out of the 8,713 occupied housing units in Panama City Beach, 59.2% are owner-occupied, while 40.8% are lived in by tenants. Meanwhile, 58.9% of all homes on the local market sit vacant.

Occupied housing units
8,713
2.9% year-over-year change
Occupancy breakdown
Renter occupied
3,553
Owner occupied
5,160
Value Percent YoY
change
Renter occupied 3,553 40.8% 10.7%
Owner occupied 5,160 59.2% -1.9%
Unoccupied housing units
58.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Panama City Beach housing costs

Housing costs in Panama City Beach come to a median of $1,693 per month, while tenants specifically pay a median gross rent of $1,791.

Median housing costs per month
$1,693/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Panama City Beach
$1,791/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Panama City Beach

Panama City Beach education at a glance

About 28.9% of the population in Panama City Beach went to high school, while 22.7% pursued college studies. Another 11.9% earned an associate degree and 21.4% hold a bachelor’s. Meanwhile, 13.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 310 2% -5.5%
High school diploma 4,533 28.9% 5.3%
College diploma 3,557 22.7% -4.1%
Associate degree 1,860 11.9% 1.4%
Bachelor's degree 3,359 21.4% 9.4%
Graduate degree 2,068 13.2% -3.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Panama City Beach

How much people earn in Panama City Beach

The average annual household income in Panama City Beach was $112,821 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.1% change from the previous year. At the same time, the median income stood at $80,941, reflecting a +2.6% shift over the same period.

Average household income in Panama City Beach
$112,821/year
2.1% year-over-year change
Median household income in Panama City Beach
$80,941/year
2.6% year-over-year change

Panama City Beach income by age

In Panama City Beach, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $83,055. Those with someone between 45 and 64 in charge, often well established professionally, earn $85,747 overall. Overall, 89.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $83,055 -10.7%
45 - 64 $85,747 6.8%
Over 65 $59,884 -8.6%
Above poverty level
16,808
Below poverty level
1,879
Value Percent YoY
change
Above poverty level 16,808 89.9% 0.7%
Below poverty level 1,879 10.1% 24.9%

Employment in Panama City Beach

Workforce and job types in Panama City Beach

The job market in Panama City Beach is powered by 10,283 working residents, spread across a range of industries and roles. 89.1% of the working population are employed in professional or administrative positions, while 10.9% are in hands-on or service-based jobs. Also, 15.4% run their own businesses, 65% are employed by private companies, and 15.6% work in the public sector.

Workforce demographics

Working population
10,283
3.8% year-over-year change
White collar
9,158
Blue collar
1,125
Value Percent YoY change
White collar 9,158 89.1% 8.6%
Blue collar 1,125 10.9% -23.5%
Employer type
Self employees
15.4%
Private companies
65%
Governmental workers
15.6%
Not for profit companies
3.9%
Value Percent YoY change
Self employees 1,585 15.4% -4.3%
Private companies 6,687 65% 9.2%
Governmental workers 1,608 15.6% -7.2%
Not for profit companies 403 3.9% 3.1%
Unemployment rate
5.0%
112.5% year-over-year change

Available workforce

The unemployment rate in Panama City Beach stands at 5%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Panama City Beach

How people get around in Panama City Beach

Commuting methods vary: 81.2% of residents travel by personal vehicle and 3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 8,330 81.2% -1.8%
Taxicab 109 1.1% 32.9%
Bus or trolleybus 12 0.1% -7.7%
Motorcycle 36 0.4% 5.9%
Bicycle 9 0.1% N/A
Walk 306 3% 17.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

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

Zipcode Population Number of households Median income Average income
32407 16,404 7,009 $80,831 $111,448
32408 18,832 9,135 $80,822 $104,662
32413 15,453 7,534 $80,039 $116,898

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FAQs about Panama City Beach demographics 

What is the total population of Panama City Beach?

Panama City Beach has a total population of 18,971 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +2.6% compared to a year ago.

What is the gender ratio in Panama City Beach?

The gender ratio in Panama City Beach is as follows:
  • 50.4% males (9,552 residents)
  • 49.6% females (9,419 residents)

What is the median age in Panama City Beach?

The median age in Panama City Beach is 45.4.

What is the age distribution of the population in Panama City Beach?

The age distribution in Panama City Beach is as follows:
  • Under 15: 12.6% (2,394 residents)
  • Ages 15-24: 13.1% (2,485 residents)
  • Ages 25-44: 23.7% (4,490 residents)
  • Ages 45-64: 32.8% (6,221 residents)
  • Over 65: 17.8% (3,381 residents)

What is the racial and ethnic makeup of Panama City Beach?

The racial and ethnic makeup of Panama City Beach is as follows:
  • White: 79.8% (15,129 residents)
  • Black or African American: 5.4% (1,032 residents)
  • American Indian and Alaska Native: 0.6% (122 residents)
  • Asian: 1.8% (332 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 8.8% (1,676 residents)
  • Other: 3.6% (680 residents)

What percentage of the population in Panama City Beach are U.S.-born citizens?

U.S.-born citizens represent 86.7% of the population in Panama City Beach.

How many housing units are there in Panama City Beach?

There are 21,204 housing units in Panama City Beach, reflecting a +0.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Panama City Beach and what is the average household size?

Panama City Beach has a total of 8,713 households, with an average of 2 people in each.

What is the median household income in Panama City Beach?

Panama City Beach has a median household income of $80,941, representing a +2.6% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Panama City Beach?

The employment rate is 95% in Panama City Beach, with a workforce of 10,283 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 89.1% (9,158 residents)
  • Blue-collar workers: 10.9% (1,125 residents)

Places of employment:
  • Self-employed: 15.4% (1,585 residents)
  • Private companies: 65% (6,687 residents)
  • Governmental workers: 15.6% (1,608 residents)
  • Not-for-profit companies: 3.9% (403 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025