At a Glance
Median Income
$78,921
$50,766 per capita
Home Value
$417,800
Zillow: $407,798
Median Rent
$1,737/mo
33.0% of income on rent
Violent Crime
1,003/100K
6,347/100K property
Bachelor's Degree+
36.8%
94.5% high school+
Unemployment
1.6%
5.3% poverty rate
Obesity Rate
31.4%
13.1% smoking rate
Avg Temperature
68°F
306 sunny days/yr
How Panama City Beach Compares to the U.S. Average
Each bar shows Panama City Beach's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Panama City Beach a Good Place to Live?
B
3.3 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Panama City Beach residents earn a median household income of $78,921 , which is 5% above the national average of $75,149.
Per capita income is $50,766. The unemployment rate stands at 1.6% (56% below the U.S. rate of 3.6%). 5.3% of residents live below the poverty line. The area is home to 6,848 business establishments, including 563 restaurants.
Housing & Cost of Living
The median home value in Panama City Beach is $417,800 , 48% above the national median of $281,900.
Zillow estimates the typical home at $407,798. Median rent is $1,737/month, with 33.0% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 2000.
Safety & Crime
Panama City Beach reports 1,003 violent crimes per 100,000 residents
, which is 164% above the national average of 380/100K.
Property crime is 6,347/100K. The murder rate is 15.1/100K.
Education
36.8% of adults in Panama City Beach hold a bachelor's degree or higher
(9% above the national average).
94.5% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Panama City Beach has an average annual temperature of 68°F (20°C).
Winters average 53°F in January while summers reach 82°F in July. The area gets 306 sunny days per year. Annual precipitation totals 59.5 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population18,493
Median Age45.2 yrs
Density958/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans10.6%
Economy
A+
Median Income$78,921
Per Capita$50,766
Unemployment1.6%
Poverty5.3%
County GDP$13,467M
Avg Weekly Wage$1,027
Housing
B+
Home Value$417,800
Rent$1,737
Ownership62.1%
Zillow$407,798
Housing Units20,494
Rent Burden33.0%
Crime
F
Violent1,003/100K
Property6,347/100K
Murder15.1/100K
Assault716/100K
Burglary678/100K
Health
Obesity31.4%
Diabetes9.0%
Smoking13.1%
Heart Disease5.5%
Premature Death11,538/100K
Climate
Avg Temp68°F
Sunny Days306/yr
Rain59.5 in/yr
AQI41 (Good)
Elevation25 ft
Education
B+
Bachelor's+36.8%
High School+94.5%
Graduate+13.0%
School Score5.8/10
Community
2024 VoteR 73% / D 26%
Commute24 min
Broadband94.7%
Internet Speed240 Mbps
EV Stations13
Libraries4
Did You Know?
Panama City Beach was founded in 1977.
The median home in Panama City Beach was built in 2000.
The nearest airport is Northwest Florida Beaches International (10 miles).
The Gini coefficient (income inequality) is 0.441 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
15.2% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 240 Mbps.
There are 563 restaurants in the area.
The county recorded 46 fatal vehicle crashes.
182 declared natural disasters on record.
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