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Population Review

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

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 a city in Florida with a population of 18,493. It ranks #217 among cities in Florida by population. The median age is 45.2, older than the national median. The population is 49.2% male and 50.8% female.

The median household income in Panama City Beach is $78,921, above the US median of $74,580. 5.3% of residents live below the federal poverty level. Home values sit at a median of $417,800, with monthly rent averaging $1,737. The homeownership rate of 62.1% is lower than the national rate of 64.8%.

Educational attainment in Panama City Beach reflects 36.8% of adults 25 and older holding a bachelor's degree or higher, above the national average of 34.3%. Roughly 10.7% of workers primarily work from home, below the national work-from-home rate of 14.2%. The average commute is 23.8 minutes each way.

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%.

2024 · 20K20102024

19,955

Population (2024)

11,575

Population (2010)

19,955

Peak (2024)

4.43%

Avg Annual Growth

YearPopulation
201011,575
201111,599
201211,774
201311,988
201412,338
201512,568
201612,719
201712,811
201813,111
201912,583
202017,987
202118,339
202219,077
202319,536
202419,955

Race & Ethnicity

White80.3%
Black or African American7.1%
Asian0.0%
Hispanic or Latino (any race)2.3%
Two or More Races0.0%

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 Services21.4%
Professional, Scientific & Management15.8%
Finance, Insurance & Real Estate9.3%
Construction9.2%
Public Administration8.0%
Information6.4%
Manufacturing3.3%
Arts, Entertainment & Food Services3.0%
Retail Trade2.8%
Transportation & Warehousing1.1%
Agriculture & Mining0.1%

Largest cities in Florida

Largest counties in Florida

Part of Florida

Metro areas in Florida

City rankings

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).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.