Panama City Beach, FL
Full City Profile · Florida · Bay County County
4.0
/5.0
A
Great
18,493
Population
958/sq mi density
$78,921
Median Income
$50,766 per capita
$417,800
Home Value
$414,475 Zillow
$1,737
Median Rent
33.0% income on rent
68°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.5 / 5.0
$78,921 median income, 2.5% unemployment
B+
Affordability
3.7 / 5.0
$417,800 home value, $1,737/mo rent
B+
Education
3.9 / 5.0
36.8% bachelor's degree or higher
Change Over Time (2013, 2023)
Population Change
+62.3%
12,034 → 19,536
over 10 years
Annual Pop. Growth
+4.96%
Compound annual growth rate
Median Income Change
+53.4%
$51,459 → $78,921
nominal, not inflation-adjusted
Annual Income Growth
+4.37%
Compound annual growth rate
Population Over Time
Total population for Panama City Beach across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
27,416
+7,880 from 2023 (19,536)
Projected Median Income 2030
$106,469
+$27,548 from 2023 ($78,921)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 12,034 | - | $51,459 | - |
| 2015 | 12,622 | +4.9% | $54,406 | +5.7% |
| 2017 | 12,860 | +1.9% | $58,619 | +7.7% |
| 2019 | 12,587 | -2.1% | $63,912 | +9% |
| 2021 | 18,294 | +45.3% | $70,131 | +9.7% |
| 2023 | 19,536 | +6.8% | $78,921 | +12.5% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.