The City of Panama City had a population of 35,260 as of July 1, 2019.
The primary coordinate point for Panama City is located at latitude 30.1588 and longitude -85.6602 in Bay County. The formal boundaries for the City of Panama City 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.
HOUSING AFFORDABILITY INDEX
|Panama City, FL Housing Affordability Index is 125
State of Florida Housing Affordability Index is 113
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Panama City, FL Wealth Index is 65
State of Florida Wealth Index is 94
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Florida address.
|Population in Households||33,791|
|Population in Familes||25,096|
|Population in Group Qrtrs||1,469|
|Median Household Income||$41,840|
|Average Household Income||$60,933|
|Per Capita Income||$25,897|
|Total Housing Units||16,655 (100%)|
|Owner Occupied HU||7,169 (43.0%)|
|Renter Occupied HU||6,953 (41.7%)|
|Vacant Housing Units||2,532 (15.2%)|
|Median Home Value||$175,414|
|Housing Affordability Index2||125|
|Average Household Size||2.39|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.54%|
|Per Capita Income||2.47%|
The table below compares Panama City to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 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.
|Total Population||# 115||88th|
|Population Density||# 588||36th|
|Diversity Index||# 399||57th|
|Median Household Income||# 678||26th|
|Per Capita Income||# 522||43rd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.