Population 2,694 · Census ACS 2020–24
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Population and households in Panama Park
Household size in Panama Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.47 | 2.63 | 2.63 | 2.68 |
| 2010–14 | 2.51 | 2.68 | 2.73 | 2.73 |
| 2015–19 | 2.44 | 2.66 | 2.75 | 2.71 |
| 2020–24 | 1.90 | 2.58 | 2.63 | 2.65 |
| Change | −0.57 | −0.05 | +0.00 | −0.03 |
Panama Park is a place of small households, averaging 1.90 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.47 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next. Only five of Jacksonville's 108 neighborhoods have smaller households.
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 Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 40.2 | 37.4 | 40.8 | 37.7 |
| 2010–14 | 46.8 | 38.8 | 42.0 | 38.6 |
| 2015–19 | 49.7 | 39.5 | 43.0 | 39.6 |
| 2020–24 | 49.6 | 40.4 | 43.5 | 40.1 |
| Change | +9.4 | +3.1 | +2.7 | +2.3 |
With a median age of 49.6, Panama Park is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. Only five of Jacksonville's 108 neighborhoods are older.
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 Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.8% | 12.2% | 12.4% | 12.3% |
| 2010–14 | 10.1% | 12.2% | 12.2% | 12.3% |
| 2015–19 | 16.5% | 12.0% | 11.5% | 11.6% |
| 2020–24 | 17.9% | 11.7% | 11.4% | 11.6% |
| Change | +2.1 pts | −0.4 pts | −1.0 pts | −0.6 pts |
Single parents head just over one in six households in Panama Park (17.9%), well above the national share of 11.6%. Panama Park has a higher share of single-parent households than most Jacksonville neighborhoods.
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 Park
Renters in Panama Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 43.2% | 31.8% | 30.3% | 33.3% |
| 2010–14 | 36.5% | 34.2% | 33.9% | 35.6% |
| 2015–19 | 54.9% | 35.5% | 34.6% | 36.0% |
| 2020–24 | 42.1% | 33.5% | 32.4% | 34.8% |
| Change | −1.2 pts | +1.7 pts | +2.1 pts | +1.5 pts |
Just over four in ten households in Panama Park rent their homes (42.1%), above the national share of 34.8%. Just over half of owners (51.6%) have paid off their mortgages, well above the national share of 39.8%.
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 Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 21.5% | 13.4% | 17.2% | 11.4% |
| 2010–14 | 22.4% | 13.8% | 17.6% | 11.4% |
| 2015–19 | 22.0% | 11.8% | 15.4% | 11.1% |
| 2020–24 | 16.9% | 9.4% | 12.5% | 9.6% |
| Change | −4.5 pts | −4.1 pts | −4.8 pts | −1.8 pts |
Vacant homes make up 16.9% of the housing in Panama Park, 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. Panama Park has a higher vacancy rate than at least four in five Jacksonville neighborhoods.
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 Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 1950 | 1985 | 1984 | 1974 |
| 2010–14 | 1948 | 1986 | 1985 | 1975 |
| 2015–19 | 1956 | 1987 | 1986 | 1977 |
| 2020–24 | 1974 | 1992 | 1989 | 1980 |
| Change | +24 | +7 | +5 | +6 |
Housing in Panama Park leans a little older: the median home dates to 1974, against 1980 nationally. Panama Park has older homes than most Jacksonville neighborhoods.
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 Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | $854 | $1,041 | $1,092 | $965 |
| 2010–14 | $765 | $1,106 | $1,123 | $1,040 |
| 2015–19 | $873 | $1,251 | $1,323 | $1,213 |
| 2020–24 | $1,188 | $1,750 | $1,816 | $1,571 |
| Change | +$334 | +$709 | +$724 | +$606 |
The median renter in Panama Park pays $1,188 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 35.1% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
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 Park
Bachelor's degrees in Panama Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.4% | 26.9% | 26.4% | 28.4% |
| 2010–14 | 11.9% | 28.4% | 27.0% | 29.6% |
| 2015–19 | 10.9% | 31.4% | 30.0% | 32.1% |
| 2020–24 | 29.8% | 36.7% | 34.6% | 35.6% |
| Change | +24.4 pts | +9.8 pts | +8.2 pts | +7.2 pts |
College degrees are a little less common in Panama Park than nationally: 29.8% of adults 25 and older have a bachelor's or higher, against 35.6%.
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 Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 59.2% | 88.5% | 85.5% | 84.9% |
| 2010–14 | 73.9% | 89.6% | 86.5% | 86.1% |
| 2015–19 | 80.4% | 90.9% | 88.2% | 87.7% |
| 2020–24 | 87.3% | 92.2% | 90.0% | 89.3% |
| Change | +28.1 pts | +3.7 pts | +4.4 pts | +4.3 pts |
About one in eight adults in Panama Park never finished high school, a bit more than nationally: 87.3% have a diploma or equivalent, against 89.3% across the U.S. Panama Park has a lower share of high school graduates than most Jacksonville neighborhoods.
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 Park
| Period | Panama Park | Jacksonville area | Florida | U.S. |
|---|---|---|---|---|
| 2006–10 | 18.1% | 8.2% | 8.9% | 8.1% |
| 2010–14 | 19.0% | 10.7% | 11.0% | 9.4% |
| 2015–19 | 23.1% | 5.7% | 5.7% | 5.6% |
| 2020–24 | 8.0% | 4.2% | 4.8% | 5.4% |
| Change | −10.1 pts | −4.0 pts | −4.1 pts | −2.7 pts |
Unemployment in Panama Park runs well above the national rate: 8.0% of the labor force was out of work and looking, against 5.4%. Panama Park has higher unemployment than the great majority of Jacksonville neighborhoods. 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 Park compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Panama Park | 1.90 | 49.6 | 17.9% | 42.1% | 16.9% | 1974 | $1,188 | 29.8% | 87.3% | 8.0% |
| Tallulah-North Shore | 2.31 | 42.8 | 21.8% | 45.1% | 21.5% | 1954 | $1,126 | 13.9% | 84.9% | 15.1% |
| Brentwood | 2.30 | 36.7 | 25.3% | 66.2% | 17.4% | 1961 | $896 | 12.1% | 81.8% | 12.9% |
| Lake Forest | 2.48 | 37.0 | 20.9% | 52.0% | 5.9% | 1953 | $1,297 | 12.0% | 84.4% | 11.1% |
| 45th and Moncrief | 2.62 | 34.2 | 37.9% | 62.8% | 16.5% | 1966 | $1,228 | 12.0% | 75.6% | 4.1% |
| Charter Point | 2.60 | 34.7 | 24.1% | 47.1% | 8.5% | 1980 | $1,349 | 44.8% | 94.5% | 6.4% |
| University Park-Jacksonville | 2.51 | 28.0 | 17.6% | 60.4% | 9.6% | 1977 | $1,349 | 24.1% | 84.8% | 12.9% |
| Springfield | 2.18 | 39.4 | 9.7% | 39.1% | 23.7% | 1943 | $1,025 | 38.4% | 87.2% | 5.8% |
| Moncrief Park | 2.06 | 31.6 | 28.5% | 62.4% | 27.0% | 1962 | $1,168 | 5.2% | 86.7% | 7.2% |
| Arlington Manor | 2.52 | 29.9 | 11.9% | 71.7% | 9.4% | 1976 | $1,392 | 14.6% | 74.1% | 7.0% |
| Mid-Westside | 2.37 | 35.2 | 33.7% | 65.9% | 18.7% | 1965 | $964 | 12.2% | 80.6% | 17.1% |
All figures 2020–24.
Neighborhoods with similar populations: Borchert Field, Milwaukee, WI · Painted Meadows, Santa Fe, TX · North End, Phillipsburg, NJ · Maumee Uptown Historic District, Maumee, OH · Livingston-McNaughten, Columbus, OH · Bayview Heights, Proctor, MN · Laddie Place and North Wilson, San Antonio, TX · Hopecrest, Morgantown, WV · Holgate Avenue Historic District, Defiance, OH · Fox Farm, Great Falls, MT
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 Park. 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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