Panama City Beach, Florida Population 2026
Updated April 2026 · US Census ACS 2023 5-Year Estimates
The population of Panama City Beach, Florida is 18,493 as of the 2023 American Community Survey, making it the 217th-largest city in Florida. The median household income is $78,921, the median home value is $417,800, and the median age is 45.2.
The population has grown 72.4% since 2010 (11,575 → 19,955).
18,493
Population
958
People / sq mi
$78,921
Median Income
$417,800
Median Home Value
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Panama City Beach covers 19.3 sq mi of land at 958 people per square mile.
About Panama City Beach, FL
Panama City Beach is distinguished by its share of foreign-born residents, 61.9% of the population. With 18,493 residents, Panama City Beach is a city in Florida.
Median household income is $78,921, near the US median of $78,538. Poverty runs at 5.3%, below the national 12.4%. Median home value is $417,800, with typical rent around $1,737.
Roughly 36.8% of adults have a bachelor’s, above the national 35.0%. Remote work is below the national 14.0% at 10.7%, and the average commute runs about 24 minutes each way.
The large foreign-born share is a defining thread in Panama City Beach, shaping language, household composition, and the labor force behind the economic figures above.
Panama City Beach city Population History (2010-2024)
The city of Panama City Beach city had a population of 11,575 in 2010 and 19,955 in 2024, a 72.4% growth over 14 years. The peak was 19,955 in 2024. Average annual growth rate: 4.43%.
19,955
Population (2024)
11,575
Population (2010)
19,955
Peak (2024)
4.43%
Avg Annual Growth
| Year | Population |
|---|---|
| 2010 | 11,575 |
| 2011 | 11,599 |
| 2012 | 11,774 |
| 2013 | 11,988 |
| 2014 | 12,338 |
| 2015 | 12,568 |
| 2016 | 12,719 |
| 2017 | 12,811 |
| 2018 | 13,111 |
| 2019 | 12,583 |
| 2020 | 17,987 |
| 2021 | 18,339 |
| 2022 | 19,077 |
| 2023 | 19,536 |
| 2024 | 19,955 |
Race & Ethnicity
| White | 80.3% |
| Black or African American | 7.1% |
| Asian | 0.0% |
| Hispanic or Latino (any race) | 2.3% |
| Two or More Races | 0.0% |
Economy & Income
$78,921
Median Household Income
$50,766
Per Capita Income
5.3%
Poverty Rate
1.6%
Unemployment Rate
Housing
$417,800
Median Home Value
$1,737
Median Rent
62.1%
Owner-Occupied
Education
94.5%
High School+
36.8%
Bachelor's+
Commute
0.1%
Drive Alone
75.8%
Public Transit
10.7%
Work From Home
23.8 min
Avg Commute
Community Profile
61.9%
Foreign Born
89.4%
Non-English at Home
10.6%
Veterans
16.6%
With Disability
86.2%
Health Insurance
98.4%
Internet Access
Employment by Industry
| Education, Health Care & Social Services | 21.4% |
| Professional, Scientific & Management | 15.8% |
| Finance, Insurance & Real Estate | 9.3% |
| Construction | 9.2% |
| Public Administration | 8.0% |
| Information | 6.4% |
| Manufacturing | 3.3% |
| Arts, Entertainment & Food Services | 3.0% |
| Retail Trade | 2.8% |
| Transportation & Warehousing | 1.1% |
| Agriculture & Mining | 0.1% |
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Frequently Asked Questions
Panama City Beach, Florida has a population of 18,493 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 217th-largest city in Florida.
The median household income in Panama City Beach, Florida is $78,921, with 5.3% of residents living below the federal poverty level.
The median home value in Panama City Beach, Florida is $417,800, with median monthly rent at $1,737 and a homeownership rate of 62.1%.
The median age in Panama City Beach, Florida is 45.2 years. The population is 49.2% male and 50.8% female.
The population has grown 72.4% since 2010 (11,575 → 19,955).
Panama City Beach city, FL Climate
Panama City Beach city, FL has an average annual temperature of 19.7°C (67°F) and receives about 1618 mm of precipitation per year. The warmest month is July and the coldest is January. Figures are 1970–2000 climate normals.
19.7°C
Avg Temp
1618
Precip (mm/yr)
Jul
Hottest Month
Jan
Coldest Month
| Month | Avg (°C/°F) | Precip |
|---|---|---|
| January | 11° / 52° | 128 mm |
| February | 12° / 54° | 124 mm |
| March | 16° / 60° | 146 mm |
| April | 19° / 66° | 88 mm |
| May | 23° / 73° | 105 mm |
| June | 26° / 79° | 164 mm |
| July | 27° / 81° | 210 mm |
| August | 27° / 81° | 195 mm |
| September | 26° / 79° | 160 mm |
| October | 21° / 70° | 92 mm |
| November | 16° / 61° | 100 mm |
| December | 13° / 55° | 106 mm |
1970–2000 normals from WorldClim 2.1 (~9 km grid). Precipitation can be less precise near mountains or coastlines, where rainfall varies sharply over short distances.
Best time to visit Panama City Beach city, FL
The most comfortable months to visit Panama City Beach city, FL are typically October, April and May, when temperatures are mildest and rainfall is relatively low. The hottest month is July (around 32°C high). The coldest is January (near 5°C low). July is usually the wettest month.
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Data from the American Community Survey (ACS) 5-Year estimates.
Source: U.S. Census Bureau ACS, 2026.