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Population Review

Census ACS · #232 MSA

Panama City Metro Area

The Panama City-Panama City Beach, Fl Metropolitan Statistical Area has 206,627 residents. The median household income is $67,834 and the median home value is $263,500.

206,627

Population

154

People / sq mi

$67,834

Median Income

$263,500

Median Home Value

The Panama City CBSA covers 1,343 sq mi of land at 153.8 people per square mile.

Race & Ethnicity

White76.7%
Black or African American10.4%
Asian0.0%
Hispanic or Latino (any race)1.9%

Economy & Income

$67,834

Median Household Income

$37,313

Per Capita Income

9.0%

Poverty Rate

2.1%

Unemployment

Cost of Living

The Panama City metro's price level is 97.3 on the BEA Regional Price Parity index (US average = 100), meaning prices are 2.7% lower the US average. The local median income of $67,834 has the buying power of $69,719 in average-priced US metros.

97.3

Price Level (US = 100)

$69,719

COL-Adjusted Median Income

$67,834

Nominal Median Income

Housing

$263,500

Median Home Value

$1,390

Median Rent

69.5%

Homeownership

Education

89.8%

High School+

26.1%

Bachelor's+

Commute

0.5%

Drive Alone

8.6%

Work From Home

25.5 min

Avg Commute

47.8%

Foreign Born

Panama City spans this state

Nearby metros

Largest cities in Florida

Largest counties in Florida

Part of Florida

Other metros

Metro areas in Florida

Metro rankings

Frequently Asked Questions

The Panama City-Panama City Beach, Fl Metropolitan Statistical Area has a population of 206,627 according to Census ACS 5-Year estimates, making it the #232 largest CBSA in the US.

The median household income in the Panama City metro area is $67,834, with a per capita income of $37,313.

The Panama City-Panama City Beach, Fl CBSA spans the state of Florida.

Data for the Panama City-Panama City Beach, Fl CBSA (37460) from the American Community Survey 5-Year estimates. Core-Based Statistical Areas combine cities, suburbs, and surrounding counties tied together by commuting patterns.