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Panama City, FL
Full City Profile · Florida · Bay County County
3.0
/5.0
B
Good
34,211
Population
965/sq mi density
$61,125
Median Income
$36,398 per capita
$243,200
Home Value
$278,596 Zillow
$1,334
Median Rent
33.2% income on rent
70°F
Avg Temperature
308 sunny days/yr
613
Violent Crime/100K
5,145 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$61,125 median income, 2.7% unemployment
A
Affordability
4.4 / 5.0
$243,200 home value, $1,334/mo rent
F
Safety
1.0 / 5.0
613 violent crimes/100K (61% above avg)
B
Education
3.0 / 5.0
25.5% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
+0.8%
35,696 → 35,969
over 10 years
Annual Pop. Growth
+0.08%
Compound annual growth rate
Median Income Change
+60.9%
$37,993 → $61,125
nominal, not inflation-adjusted
Annual Income Growth
+4.87%
Compound annual growth rate
Population Over Time
Total population for Panama City 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
36,171
+202 from 2023 (35,969)
Projected Median Income 2030
$85,266
+$24,141 from 2023 ($61,125)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 35,696 | — | $37,993 | — |
| 2015 | 37,068 | +3.8% | $37,190 | -2.1% |
| 2017 | 37,158 | +0.2% | $40,114 | +7.9% |
| 2019 | 34,538 | -7.1% | $43,953 | +9.6% |
| 2021 | 34,045 | -1.4% | $51,569 | +17.3% |
| 2023 | 35,969 | +5.7% | $61,125 | +18.5% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.