Panama City, FL Profile: Facts, Map & Data

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Panama City, Florida - Basic Facts

The City of Panama City had a population of 38,055 as of July 1, 2017.

The primary coordinate point for Panama City is located at latitude 30.1671 and longitude -85.6725 in Bay County. The formal boundaries for the City of Panama City (see map below) encompass a land area of 29.32 sq. miles and a water area of 6.16 sq. miles. Bay County is in the Central time zone (GMT -6). The elevation is 26 feet.

The City of Panama City (GNIS ID: 2404468) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Panama City is located within Panama City CCD of Bay County.

Beneath the boundary map are tables with Panama City population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


Neighborhood Data

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City of Panama City, FL Boundary Map



Also See: BIG Map | Driving Directions | FL Congressional Districts
Boundary Maps: Panama City CCD | Bay County | Florida Counties

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Panama City, FL Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 38,055
Daytime Population: Workers 32,973
Daytime Population: Residents 21,075
Total Daytime Population (TDP) 54,048
Ratio TDP/Total Population1 1.42
Population in Households 36,598
Population in Familes 27,173
Population in Group Qrtrs 1,457
Population Density2 1,298
Diversity Index3 53
 

INCOME

Median Household Income $39,635
Average Household Income $56,359
Per Capita Income $25,155

HOUSING

Total Housing Units 18,103 (100%)
Owner Occupied HU 7,481 (41.3%)
Renter Occupied HU 7,885 (43.6%)
Vacant Housing Units 2,737 (15.1%)
Median Home Value $159,774
Average Home Value $205,694
 

HOUSEHOLDS

Total Households 15,366
Average Household Size 2.38
Family Households 8,856
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.58% 0.97%
Households 0.52% 0.93%
Families 0.37% 0.87%
Median Household Income   1.93%
Per Capita Income   2.44%

Panama City, FL - Peer Comparisons by Rank and Percentile

The table below compares Panama City to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 98 89th
Population Density # 516 44th
Diversity Index # 389 58th
Median Household Income # 664 28th
Per Capita Income # 503 45th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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