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Panama City Beach, FL

Full City Profile · Florida · Bay County County

3.3 /5.0
B Good
18,493 Population 958/sq mi density
$78,921 Median Income $50,766 per capita
$417,800 Home Value $407,798 Zillow
$1,737 Median Rent 33.0% income on rent
68°F Avg Temperature 306 sunny days/yr
1,003 Violent Crime/100K 6,347 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$78,921 median income, 1.6% unemployment
B+
Affordability
3.7 / 5.0
$417,800 home value, $1,737/mo rent
F
Safety
1.0 / 5.0
1,003 violent crimes/100K (164% above avg)
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.