Panama City, FL Profile: Facts & Data


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Panama City, Florida - Basic Facts

The City of Panama City had a population of 37,841 as of July 1, 2018.

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.

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  1. Panama City 2018 Demographic Data
  2. Growth Rates for Panama City (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Panama City, FL Data & Demographics (As of July 1, 2018)


Total Population 37,841
Population in Households 36,324
Population in Familes 26,786
Population in Group Qrtrs 1,517
Population Density2 1,290
Diversity Index3 53


Median Household Income $40,362
Average Household Income $58,568
Per Capita Income $26,098


Total Housing Units 17,927 (100%)
Owner Occupied HU 7,961 (44.4%)
Renter Occupied HU 7,230 (40.3%)
Vacant Housing Units 2,737 (15.3%)
Median Home Value $172,896
Average Home Value $218,369


Total Households 15,190
Average Household Size 2.39
Family Households 8,737
Average Family Size 3
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  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.


2010-2018 2018-2023
Population 0.44% 0.86%
Households 0.31% 0.8%
Families 0.16% 0.73%
Median Household Income   2.68%
Per Capita Income   3.07%

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, 2018 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 # 103 89th
Population Density # 524 43rd
Diversity Index # 389 58th
Median Household Income # 675 27th
Per Capita Income # 497 46th

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

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