Panama City Beach, FL population, income and ZIP codes

Panama City Beach city is a mid-size town in Florida, with 18,493 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #217 of 955 ranked by population — larger than 77% of them. The median age here is 45.2 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Panama City Beach city earn a median of $78,921 a year, essentially level with the national figure of $78,538 and 15% above the $68,617 median for the 775 Florida cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 8.2% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Panama City Beach city is valued at $417,800, 37.7% above the national figure and 37% above the $305,300 peer median, while median gross rent runs $1,737 a month, 23.5% above the national figure, or roughly $20,844 across a full year. A household on the local median income would put about 26.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 5.3×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 62.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.