Panama City, Florida

US Census Bureau ACS 5-Year Estimates ยท 2022

FL

Panama City Demographics Overview

Total Population
34,254
ACS 2022 estimate
Median Household Income
$57,221
Annual household income
โ–ผ 23% vs US avg
Median Home Value
$213,600
Owner-occupied homes
โ–ผ 24% vs US avg
Median Gross Rent
$1,221
Monthly rent (incl. utilities)
โ–ฒ 5% vs US avg
Median Age
38.5 years
Median age of residents
โ–ผ 1% vs US avg

Income & Economy

Median Household Income
$57,221
US avg: $74,580
vs. National Median-23.3%

Housing

Median Home Value
$213,600
US avg: $281,900
Median Gross Rent
$1,221/mo
US avg: $1,163/mo
Rent vs. National Avg+5.0%

Population

Total Population34,254
Median Age
38.5 years
US avg: 38.9 yrs

Data Source

Data for Panama City comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Panama City, FL โ€” Frequently Asked Questions

Common questions about Panama City demographics

What is the population of Panama City, Florida?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Panama City, Florida is 34,254.

What is the median household income in Panama City?

The median household income in Panama City, Florida is $57,221 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Panama City?

Key cost indicators for Panama City, Florida:. Median home value: $213,600. Median gross rent: $1,221/month. Median household income: $57,221/year

What is the median home value in Panama City?

The median home value in Panama City, Florida is $213,600, compared to the national median of approximately $281,900.

What is the average age in Panama City?

The median age in Panama City, Florida is 38.5 years, compared to the US national median age of approximately 38.9 years.

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Panama City, FL Demographics - Population, Income & Housing (2022)