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).
Where to stay in Panama City Beach
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Data from the American Community Survey (ACS) 5-Year estimates.
Source: U.S. Census Bureau ACS, 2026.