Panama City, FL
Demographics And Statistics

We take you around Panama City to find out what it's like to call it home.

Living in Panama City, Florida

Life in Panama City research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Panama City over the past nine years using Census, FBI, Zillow, and other primary data sources. Here's a snapshot of Panama City based on the most recently available data.

34,979 Population
$283,255 Median home value
$62,265 Median income
101 Cost of living +1% vs US
$1,327 Median rent
4.5% Unemployment
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Panama City SnackAbility

4
Overall SnackAbility
Jobs 6/10
Housing 8/10
Affordability 5/10
Diversity 8.5/10
Safety 3/10
Amenities 8.5/10
Education 8/10
Commute 8.5/10

Crime in Panama City summary. We use data from the FBI to determine the crime rates in Panama City. Key points include:

  • There were 1,040 total crimes in Panama City in the last reporting year.

  • The overall crime rate per 100,000 people in Panama City is 2,838.0 / 100k people.

  • The violent crime rate per 100,000 people in Panama City is 649.5 / 100k people.

  • The property crime rate per 100,000 people in Panama City is 2,188.5 / 100k people.

  • Overall, crime in Panama City is 33.91% above the national average.

1,040
Total Crimes
33.91%
Above National Average
Panama City
US

Crime In Panama City Comparison Table

Statistic Count
Raw
Panama City
/ 100k People
Florida
/ 100k People
National
/ 100k People
Total Crimes Per 100K 1,040 2,838.0 1,687.5 2,119.2
Violent Crime 238 649.5 267.1 359.0
Murder 3 8.2 3.9 5.0
Robbery 9 24.6 38.2 61.0
Aggravated Assault 205 559.4 197.1 256.0
Property Crime 802 2,188.5 1,420.4 1,760.0
Burglary 147 401.1 152.5 229.0
Larceny 616 1,680.9 1,144.9 1,272.0
Car Theft 39 106.4 123.0 259.0
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Source: FBI Uniform Crime Reporting (2024)

Cost of living in Panama City summary. We use data on the cost of living to determine how expensive it is to live in Panama City. Real estate prices drive most of the variance in cost of living around Florida. Key points include:

  • The cost of living in Panama City is 101 with 100 being average.

  • The cost of living in Panama City is 1.0x higher than the national average.

  • The median home value in Panama City is $283,255.

  • The median income in Panama City is $62,265.

101
Panama City's Overall Cost Of Living
1.0x
Higher Than The National Average
Panama City
US

Cost Of Living In Panama City Comparison Table

Living Expense Panama City Florida National Average
Overall 101 104 100
Services 101 101 100
Groceries 102 105 100
Health 93 99 100
Housing 101 104 100
Transportation 109 109 100
Utilities 105 105 100
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Source: Cost of living index, normalized to US average = 100

Panama City, FL Weather

  • The average high in Panama City is 78.0° and the average low is 58.8°.

  • There are 78.2 days of precipitation each year.

  • Expect an average of 61.1 inches of precipitation each year with 0.0 inches of snow.

StatPanama City
Average Annual High78.0
Average Annual Low58.8
Annual Precipitation Days78.2
Average Annual Precipitation61.1
Average Annual Snowfall0.0
78.0°
Average High
78.2
Days of Rain

Source: NOAA climate normals (30-year)

Panama City, FL Photos

Panama City Fl City Hall
Source: Public Domain
Rock Tenn Facility Panama City Fl
Source: Public Domain

1 Reviews & Comments About Panama City

HomeSnacks User · 2019-05-09 20:15:58.332859
rating star

Crime is drug fueled and violent. Employment is still low paid, part time no benefits. Schools are poor and rapidly closing post hurricane Michael. I moved here from hurricane Katrina and have stayed in a HUD apartment complex for 13 years paying very low rent and utilities in a very poor neighborhood. I can leave whenever i wish.

Local parks and beaches are beautiful and a lot of us are volenteering to improve our local post hurricane Michael environment. A community is an endeavor by it's citizens, for positive changes to come to fruition. The environmental pollution needs to be managed better by the state authorities, to attract population growth.

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Panama City Demographics And Statistics

Population over time in Panama City

The current population in Panama City is 34,979. The population has decreased 4.9% from 2010.

Year Population % Change
2024 34,979 2.2%
2023 34,211 -0.1%
2022 34,254 -0.8%
2021 34,521 -4.0%
2020 35,952 -1.9%
2019 36,640 -0.7%
2018 36,880 0.6%
2017 36,661 0.0%
2016 36,654 -0.7%
2015 36,917 1.4%
2014 36,405 0.6%
2013 36,205 0.1%
2012 36,153 -1.4%
2011 36,662 -0.4%
2010 36,795 -

Race / Ethnicity in Panama City

White 61.8% (21,627)
African American 20.1% (7,015)
American Indian 0.2% (55)
Asian 1.7% (587)
Hawaiian 0.1% (47)
Other 1.1% (373)
Two Or More 5.3% (1,870)
Hispanic 9.7% (3,405)
See the full breakdown

Panama City is:

  • 61.8% White with 21,627 White residents.

  • 20.1% African American with 7,015 African American residents.

  • 0.2% American Indian with 55 American Indian residents.

  • 1.7% Asian with 587 Asian residents.

  • 0.1% Hawaiian with 47 Hawaiian residents.

  • 1.1% Other with 373 Other residents.

  • 5.3% Two Or More with 1,870 Two Or More residents.

  • 9.7% Hispanic with 3,405 Hispanic residents.

Race Panama City FL USA
White 61.8% 50.4% 57.4%
African American 20.1% 14.6% 11.9%
American Indian 0.2% 0.1% 0.5%
Asian 1.7% 2.9% 5.9%
Hawaiian 0.1% 0.1% 0.2%
Other 1.1% 0.7% 0.6%
Two Or More 5.3% 3.8% 4.3%
Hispanic 9.7% 27.4% 19.3%

Gender in Panama City

Female 52.7% (18,428)
Male 47.3% (16,551)
See the full breakdown
  • Panama City is 52.7% female with 18,428 female residents.

  • Panama City is 47.3% male with 16,551 male residents.

Gender Panama City FL USA
Female 52.7% 50.9% 50.5%
Male 47.3% 49.1% 49.5%

Highest level of educational attainment in Panama City for adults over 25

< 9th Grade 5.0% (1,748)
9-12th Grade 5.0% (1,748)
High School / GED 27.0% (9,444)
Some College 25.0% (8,744)
Associate's Degree 12.0% (4,197)
Bachelor's Degree 16.0% (5,596)
Master's Degree 7.0% (2,448)
Professional Degree 2.0% (699)
Doctorate Degree 1.0% (349)
See the full breakdown
  • 5.0% of adults in Panama City completed < 9th grade.

  • 5.0% of adults in Panama City completed 9-12th grade.

  • 27.0% of adults in Panama City completed high school / ged.

  • 25.0% of adults in Panama City completed some college.

  • 12.0% of adults in Panama City completed associate's degree.

  • 16.0% of adults in Panama City completed bachelor's degree.

  • 7.0% of adults in Panama City completed master's degree.

  • 2.0% of adults in Panama City completed professional degree.

  • 1.0% of adults in Panama City completed doctorate degree.

Education Panama City FL USA
< 9th Grade 5.0% 5.0% 4.0%
9-12th Grade 5.0% 6.0% 6.0%
High School / GED 27.0% 27.0% 26.0%
Some College 25.0% 19.0% 19.0%
Associate's Degree 12.0% 10.0% 9.0%
Bachelor's Degree 16.0% 21.0% 22.0%
Master's Degree 7.0% 9.0% 10.0%
Professional Degree 2.0% 2.0% 2.0%
Doctorate Degree 1.0% 1.0% 2.0%

Household Income For Panama City, Florida

Less than $10,000 5.7% (199,003)
$10,000 to $14,999 4.8% (166,950)
$15,000 to $24,999 9.7% (338,744)
$25,000 to $34,999 6.6% (231,287)
$35,000 to $49,999 13.2% (463,265)
$50,000 to $74,999 19.4% (679,103)
$75,000 to $99,999 12.5% (436,286)
$100,000 to $149,999 15.7% (550,200)
$150,000 to $199,999 4.6% (162,569)
$200,000 or more 7.7% (270,488)
See the full breakdown
  • 5.7% of households in Panama City earn Less than $10,000.

  • 4.8% of households in Panama City earn $10,000 to $14,999.

  • 9.7% of households in Panama City earn $15,000 to $24,999.

  • 6.6% of households in Panama City earn $25,000 to $34,999.

  • 13.2% of households in Panama City earn $35,000 to $49,999.

  • 19.4% of households in Panama City earn $50,000 to $74,999.

  • 12.5% of households in Panama City earn $75,000 to $99,999.

  • 15.7% of households in Panama City earn $100,000 to $149,999.

  • 4.6% of households in Panama City earn $150,000 to $199,999.

  • 7.7% of households in Panama City earn $200,000 or more.

Income Panama City FL USA
Less than $10,000 5.7% 5.1% 5.0%
$10,000 to $14,999 4.8% 3.3% 3.4%
$15,000 to $24,999 9.7% 6.6% 6.3%
$25,000 to $34,999 6.6% 7.3% 6.6%
$35,000 to $49,999 13.2% 11.1% 10.1%
$50,000 to $74,999 19.4% 16.8% 15.5%
$75,000 to $99,999 12.5% 13.1% 12.6%
$100,000 to $149,999 15.7% 17.2% 17.5%
$150,000 to $199,999 4.6% 8.4% 9.6%
$200,000 or more 7.7% 11.0% 13.4%

Source: U.S. Census ACS 5-year estimates (2024)