Panama City Beach, FL Demographics

What is the population of Panama City Beach?

There are 18,281 residents in Panama City Beach, with a median age of 45.3. Of this, 50.48% are males and 49.52% are females. US-born citizens make up 84.61% of the resident pool in Panama City Beach, while non-US-born citizens account for 8.29%. Additionally, 7.1% of the population is represented by non-citizens. A total of 14,117 people in Panama City Beach currently live in the same house as they did last year.
Y-o-Y Change
Total Population 18,281 2.2%
Male Population 9,229 0.8%
Female Population 9,052 3.8%
Male Population 50.48%
Female Population 49.52%
Y-o-Y Change
Median Age 45.3 1.1%
Citizen U.S. Born 15,467 4.8%
Citizen not U.S. Born 1,516 -6.7%
Not Citizen 1,298 -13.6%
Citizen U.S. Born 84.61%
Citizen not U.S. Born 8.29%
Not Citizen 7.1%
Y-o-Y Change
Moved from Abroad 192 -36.8%
Moved from Same County 1,770 3.1%
Moved from Same State 574 -6.1%
Moved from Different State 1,517 24.9%
Same House as Last Year 14,117 1.3%
Moved from Abroad 1.06%
Moved from Same County 9.74%
Moved from Same State 3.16%
Moved from Different State 8.35%
Same House as Last Year 77.69%

What are the employment statistics in Panama City Beach?

White-collar workers make up 85.71% of the working population in Panama City Beach, while blue-collar employees account for 14.29%. There are also 1,515 entrepreneurs in Panama City Beach (14.92% of the workforce); 6,530 workers employed in private companies (64.29%); and 1,617 people working in governmental institutions (15.92%).
Y-o-Y Change
White Collar 8,706 4.8%
Blue Collar 1,451 5.6%
White Collar 85.71%
Blue Collar 14.29%
Y-o-Y Change
Self Employees 1,515 22.7%
Private Companies 6,530 5.1%
Governmental Workers 1,617 -4.5%
Not for Profit Companies 495 -8.3%
Self Employees 14.92%
Private Companies 64.29%
Governmental Workers 15.92%
Not for Profit Companies 4.87%

How many households are there in Panama City Beach?

There are a total of 8,163 households in Panama City Beach, each made up of around 2 members. Family establishments represent 62.29% of these Panama City Beach households, while non-family units account for the remaining 37.71%. Additionally, 21.43% of households have children and 78.57% of households are without children.
Y-o-Y Change
Total households 8,163 4.6%
Average People per Household 2 N/A
Family Households 5,085 1.8%
Non-Family Households 3,078 9.7%
Family Households 62.29%
Non-Family Households 37.71%
Y-o-Y Change
Households with Children 1,749 -8.9%
Households without Children 6,414 9.1%
Households with Children 21.43%
Households without Children 78.57%

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

The average annual household income in Panama City Beach is $105,373, while the median household income sits at $76,091 per year. Residents aged 25 to 44 earn $87,629, while those between 45 and 64 years old have a median wage of $77,110. In contrast, people younger than 25 and those older than 65 earn less, at $37,300 and $67,569, respectively.
Y-o-Y Change
Average Household Income $105,373 14.8%
Median Household Income $76,091 8.5%
People below Poverty Level 9 N/A
People above Poverty Level 16,456 1.3%

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

There are 20,494 housing units in Panama City Beach, and the median year in which these properties were built is 2000. Of the 8,163 occupied housing units in Panama City Beach, 60.87% are owner-occupied, while 39.13% have renters living in them. Meanwhile, properties bought with mortgages account for 55.6% of the units, and the median value of a home with a mortgage is $361,900. In general, housing costs reach $1,517 per month in Panama City Beach.
Y-o-Y Change
Housing Units 20,494 2.4%
Median Year Built 2000 0.0%
Built in 1939 or Earlier 13 -45.8%
Built between 1940 and 1949 166 -38.8%
Built between 1950 and 1959 143 2.9%
Built between 1960 and 1969 272 5.4%
Built between 1970 and 1979 1,482 -0.3%
Built between 1980 and 1989 4,762 9.7%
Built between 1990 and 1999 3,318 2.1%
Built between 2000 and 2009 8,280 -4.1%
Built between 2010 and 2019 1,939 19.9%
Built in 2020 or Later 119 N/A
Y-o-Y Change
Occupied Housing Units 8,163 4.6%
Owner Occupied 4,969 5.3%
Renter Occupied $3,194 3.7%
Owner Occupied 60.87%
Renter Occupied 39.13%
Y-o-Y Change
With Mortgage 2,763 -2.7%
Without Mortgage 2,206 17.3%
Median Value with Mortgage $361,900 21.2%
Median Value without Mortgage $366,700 31.6%
Median Housing Costs per Month $1,517 7.4%
With Mortgage 55.6%
Without Mortgage 44.4%

What is the level of education in Panama City Beach?

Approximately 28.88% of the population in Panama City Beach holds a high school degree (that's 4,421 residents), while 24.62% have attained a college certificate (5,251 locals) and 19.02% have a bachelor's degree (2,911 people).
Y-o-Y Change
No High School 560 -10.8%
Some High School 4,421 -2.1%
Some College 5,251 7.2%
Associate Degree 1,800 7.9%
Bachelor's Degree 2,911 0.6%
Graduate Degree 1,846 19.6%
No High School 3.66%
Some High School 28.88%
Some College 24.62%
Associate Degree 11.76%
Bachelor's Degree 19.02%
Graduate Degree 12.06%

What is the marital status of Panama City Beach residents?

A total of 4,177 people in Panama City Beach have never been married (which represents 26.19% of the total population), while 8,390 of them are wedded (52.6%). Separated and divorced residents are in smaller numbers, at 299 (1.87%) and 2,614 (16.39%), respectively.
Y-o-Y Change
Never Married 4,177 7.8%
Married 8,390 2.5%
Separated 299 -11.8%
Widowed 770 -0.3%
Divorced 2,614 2,614.0%
Never Married 26.19%
Married 52.6%
Separated 1.87%
Widowed 4.83%
Divorced 16.39%

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

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 9,184 residents commute by car, 139 prefer going to work by walking and 64 by bus or trolley bus
Y-o-Y Change
Car 9,184 4.4%
Bus or TrolleyBus 64 -34.0%
Motorcycle 21 23.5%
Walk 139 37.6%

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

ZipCode Population Number of Households Median Income Average Income
32407 14,710 6,459 $75,093.00 $104,354.00
32408 18,594 8,949 $64,561.00 $98,794.00
32413 14,820 7,164 $75,970.00 $108,150.00

Methodology & Disclaimers

Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2022 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.