Panama City, FL
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Panama City, FL: Quick Facts & Overview
- Population: 177,998 residents (381 people per sq. mi.)
- Average House Price: $269,044
- Average Household Income: $62,265
Panama City, FL is located in the state of Florida. It is home to about 177,998 people, with around 381 residents living in every square mile.
If you want to buy a house in Panama City, the average price is around $269,044. That makes local housing 28% lower than the Florida average of $374,554, and 13% lower than the national average of $308,592.
The average household in Panama City earns about $62,265 a year. This income is 19% lower than the average family in Florida ($77,206), and 21% lower than the national average ($78,686).
Population
177,998
Median Household Income
$62,265
Median Home Value
$269,044
Median Age
39.5 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $37,139 |
| Labor Force Participation | 63.2% |
| Unemployment Rate | 4.5% |
| Average Commute Time | 21.4 mins |
Housing & Community Metrics
| Home Ownership Rate | 56.3% |
| Median Rent | $1,327 |
| Rent Burdened (>30% Income) | 37.6% |
| Total Housing Units | 15,169 |
Additional Census & Housing Profile
Geographic Overview
| County | Bay |
| County FIPS | 12005 |
| Metro Area (CBSA) | Panama City-Panama City Beach, FL |
| Population Density | 380.7/sq mi |
| Coordinates (lat/lng) | 30.1995, -85.6003 |
| Timezone | America/Chicago |
| National Ranking | 2 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.95 |
| Dual Income Families | 48.7% |
Marital Status
| Married | 43.7% |
| Never Married | 32.1% |
| Divorced | 17.1% |
| Widowed | 7.1% |
Gender
| Male | 47.3% |
| Female | 52.7% |
Health & Poverty
| Uninsured Rate (Health) | 17.8% |
| Poverty Rate | 17.6% |
Key Population Groups
| Veterans | 10.2% |
| Disabled Population | 19.2% |
| Limited English Proficiency | 3.3% |
All ZIP Codes in Panama City
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Springfield, FL | 2 miles | 8,230 |
| Cedar Grove, FL | 2 miles | 3,802 |
| Lynn Haven, FL | 3.2 miles | 20,081 |
| Parker, FL | 4.9 miles | 4,509 |
| Callaway, FL | 5.2 miles | 13,496 |
| Pretty Bayou, FL | 5.8 miles | 2,906 |
| Southport, FL | 6.9 miles | 873 |
| Tyndall AFB, FL | 7.9 miles | 447 |
| Upper Grand Lagoon, FL | 8.6 miles | 17,232 |
| Lower Grand Lagoon, FL | 9.9 miles | 4,287 |
| Panama City Beach, FL | 16.8 miles | 18,971 |
| Mexico Beach, FL | 20.6 miles | 1,099 |
| Laguna Beach, FL | 21.3 miles | 3,830 |
| Ebro, FL | 23.4 miles | 229 |
| Wewahitchka, FL | 25 miles | 1,884 |
| Vernon, FL | 29.7 miles | 815 |
| Wausau, FL | 30 miles | 320 |
| Port St. Joe, FL | 31.1 miles | 3,616 |
| Alford, FL | 36.5 miles | 354 |
| Blountstown, FL | 37.1 miles | 3,136 |
| Altha, FL | 38.2 miles | 457 |
| Freeport, FL | 38.4 miles | 6,689 |
| Lake Mystic, FL | 39 miles | 601 |
| Chipley, FL | 39.9 miles | 3,683 |
| Bonifay, FL | 40.3 miles | 2,797 |
| Bristol, FL | 40.3 miles | 1,020 |
| Ponce de Leon, FL | 41.4 miles | 780 |
| Caryville, FL | 41.7 miles | 309 |
| Westville, FL | 42 miles | 253 |
| Cottondale, FL | 43.1 miles | 822 |
| Miramar Beach, FL | 46.2 miles | 8,902 |
| Marianna, FL | 46.8 miles | 7,150 |
| DeFuniak Springs, FL | 47.1 miles | 6,532 |
| Apalachicola, FL | 48.8 miles | 2,431 |
| Jacob City, FL | 49.2 miles | 230 |
| Grand Ridge, FL | 49.3 miles | 997 |
| Hosford, FL | 49.4 miles | 982 |