Population 25,148 · Census ACS 2020–24
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Population and households in Panama City Beach
Household size in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 2.21 | 2.63 | 2.68 |
| 2010–14 | 2.41 | 2.73 | 2.73 |
| 2015–19 | 2.31 | 2.75 | 2.71 |
| 2020–24 | 2.25 | 2.63 | 2.65 |
| Change | +0.04 | +0.00 | −0.03 |
Panama City Beach is a place of small households, averaging 2.25 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has crept up from 2.21, even as the national average fell. Households are largest in the east and smallest in the center.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 40.1 | 40.8 | 37.7 |
| 2010–14 | 40.4 | 42.0 | 38.6 |
| 2015–19 | 43.6 | 43.0 | 39.6 |
| 2020–24 | 43.2 | 43.5 | 40.1 |
| Change | +3.1 | +2.7 | +2.3 |
Panama City Beach skews older than the country: its median age is 43.2, against 40.1 nationally. Since 2006–10, the median age has climbed from 40.1, mirroring the country. Residents skew youngest in the east and oldest in the center.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 12.1% | 12.4% | 12.3% |
| 2010–14 | 11.6% | 12.2% | 12.3% |
| 2015–19 | 6.5% | 11.5% | 11.6% |
| 2020–24 | 9.4% | 11.4% | 11.6% |
| Change | −2.6 pts | −1.0 pts | −0.6 pts |
Single parents head about one in ten households in Panama City Beach (9.4%), below the national share of 11.6%. The single-parent share is down 2.6 points from 2006–10, a much bigger shift than nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Panama City Beach
Renters in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 36.4% | 30.3% | 33.3% |
| 2010–14 | 44.3% | 33.9% | 35.6% |
| 2015–19 | 35.8% | 34.6% | 36.0% |
| 2020–24 | 39.9% | 32.4% | 34.8% |
| Change | +3.6 pts | +2.1 pts | +1.5 pts |
About four in ten households in Panama City Beach rent their homes (39.9%), a bit above the national share of 34.8%. Among homeowners, 37.6% have no mortgage at all, about the same as nationally. Rentals cluster in the southeast; owners are most common in the center. The renter share has risen 3.6 points since 2006–10, mirroring the country.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 43.5% | 17.2% | 11.4% |
| 2010–14 | 40.3% | 17.6% | 11.4% |
| 2015–19 | 37.6% | 15.4% | 11.1% |
| 2020–24 | 35.2% | 12.5% | 9.6% |
| Change | −8.3 pts | −4.8 pts | −1.8 pts |
Vacant homes make up 35.2% of the housing in Panama City Beach, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Since 2006–10, vacancy has fallen 8.3 points, a much bigger shift than nationally.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 1995 | 1984 | 1974 |
| 2010–14 | 1998 | 1985 | 1975 |
| 2015–19 | 1998 | 1986 | 1977 |
| 2020–24 | 2002 | 1989 | 1980 |
| Change | +8 | +5 | +6 |
Much of the housing in Panama City Beach is relatively new: half of its homes were built after 2002, compared with 1980 for the U.S. as a whole. The median year built has moved up from 1995 in 2006–10, a sign of steady new building. Newer construction is concentrated in the east, while the center has the oldest housing. Of the 512 Florida cities with 5,000+ people, only 43 have newer homes.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | $1,114 | $1,092 | $965 |
| 2010–14 | $1,145 | $1,123 | $1,040 |
| 2015–19 | $1,247 | $1,323 | $1,213 |
| 2020–24 | $1,792 | $1,816 | $1,571 |
| Change | +$678 | +$724 | +$606 |
Rent in Panama City Beach runs $1,792 a month at the median, utilities included, above the U.S. median of $1,571. Rent has climbed $678 a month since 2006–10, up 61%, roughly in step with the nation. The typical renter here spends 35.0% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Rents run highest in the east and lowest in the center.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Panama City Beach
Bachelor's degrees in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 26.9% | 26.4% | 28.4% |
| 2010–14 | 25.2% | 27.0% | 29.6% |
| 2015–19 | 29.7% | 30.0% | 32.1% |
| 2020–24 | 37.2% | 34.6% | 35.6% |
| Change | +10.3 pts | +8.2 pts | +7.2 pts |
Nearly four in ten adults 25 and older in Panama City Beach (37.2%) hold at least a bachelor's degree, close to the national share of 35.6%. The share with a degree has risen 10.3 points since 2006–10, as it has nationally. College graduates are most concentrated in the east and least in the west.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 90.7% | 85.5% | 84.9% |
| 2010–14 | 91.9% | 86.5% | 86.1% |
| 2015–19 | 92.9% | 88.2% | 87.7% |
| 2020–24 | 95.1% | 90.0% | 89.3% |
| Change | +4.5 pts | +4.4 pts | +4.3 pts |
High school completion is high in Panama City Beach: 95.1% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma is up 4.5 points from 2006–10, mirroring the country. Panama City Beach has a higher share of high school graduates than at least four in five Florida cities.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Panama City Beach
| Period | Panama City Beach | Florida | U.S. |
|---|---|---|---|
| 2006–10 | 7.2% | 8.9% | 8.1% |
| 2010–14 | 7.8% | 11.0% | 9.4% |
| 2015–19 | 2.8% | 5.7% | 5.6% |
| 2020–24 | 4.0% | 4.8% | 5.4% |
| Change | −3.2 pts | −4.1 pts | −2.7 pts |
Jobs have been easier to find in Panama City Beach than nationally: unemployment was 4.0%, against 5.4%. Since 2006–10, unemployment has fallen 3.2 points, mirroring the country. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Panama City Beach compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Panama City Beach | 2.25 | 43.2 | 9.4% | 39.9% | 35.2% | 2002 | $1,792 | 37.2% | 95.1% | 4.0% |
| West Bay | 2.53 | 35.6 | 5.2% | 47.0% | 19.0% | 2014 | $1,906 | 49.6% | 95.0% | 4.1% |
| Upper Grand Lagoon | 2.15 | 44.9 | 9.9% | 36.4% | 14.9% | 1994 | $1,702 | 36.1% | 97.3% | 2.8% |
| Lower Grand Lagoon | 1.80 | 56.5 | 7.0% | 29.2% | 67.3% | 1987 | $1,347 | 35.3% | 92.1% | 2.7% |
| Laguna Beach | 1.88 | 54.7 | 4.2% | 31.4% | 53.0% | 1991 | $1,598 | 37.1% | 95.2% | 3.0% |
| West Panama City Beach | 2.72 | 42.0 | 9.4% | 6.3% | 15.0% | 2006 | $1,705 | 36.0% | 97.3% | 6.8% |
| Pretty Bayou | 2.22 | 44.6 | 5.7% | 31.2% | 10.6% | 1988 | $1,344 | 45.1% | 96.7% | 3.0% |
| Lynn Haven | 2.49 | 39.2 | 10.1% | 28.2% | 8.3% | 1995 | $1,587 | 35.7% | 92.0% | 2.9% |
| Rosemary Bch | 2.20 | 54.6 | 2.2% | 16.0% | 54.6% | 2011 | $2,529 | 60.6% | 97.8% | 4.2% |
| Panama City | 2.47 | 40.0 | 12.0% | 33.7% | 10.5% | 1988 | $1,432 | 24.6% | 90.1% | 4.1% |
| Southport | 2.58 | 50.1 | 2.7% | 8.5% | 9.5% | 1999 | $1,194 | 34.1% | 91.1% | 3.2% |
All figures 2020–24.
Cities with similar populations: Mukilteo, WA · Onalaska, WI · Olmsted Falls, OH · Oldsmar, FL · Norwalk, OH · Northfield, MN · New Hope, MN · Nederland, TX · Munster, IN · Orange City, FL
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Panama City Beach. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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