City

Panama City Beach, FL

2 ZIP codes  ·  Bay County  ·  Florida

👥30,673Population
💰$77,543Median HH Income≈ Avg
🎂45.6Median Age
🏠$393,828Median Home Value▲ 41% above avg
🎓50.5%College Grads▲ 30% above avg
📊2.7%Unemployment▼ 45% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.7% Female 50.3% ♀

Race & Ethnicity

White: 79.6%Hispanic: 8.1%Black: 5.9%Asian: 1.4%Other: 4.4%Race
White79.6%
Hispanic8.1%
Black5.9%
Asian1.4%
Other4.4%

Age Breakdown

Under 5
3%
5–17
13%
18–24
7%
25–44
24%
45–64
31%
65+
10%

Key Indicators

Median Age45.6 yrs
Avg HH Size2.17
Below Poverty7.3% ▼ 27% below avg
College Grads50.5% ▲ 30% above avg
Unemployment2.7% ▼ 45% below avg
No HS Diploma189 (0.8%)
HS Graduate4,369 (19.5%)
Some College2,991 (13.4%)
Associates3,534 (15.8%)
Bachelors2,971 (13.3%)
Graduate Degree8,295 (37.1%)

Education

No HS: 0.8%HS Grad: 19.5%Some College: 13.4%Associates: 15.8%Bachelors: 13.3%Graduate: 37.1%Edu
No HS0.8%
HS Grad19.5%
Some College13.4%
Associates15.8%
Bachelors13.3%
Graduate37.1%
Housing & Income

Housing Tenure

Owner: 65.3%Renter: 34.7%Tenure
Owner65.3%
Renter34.7%

Home Value Distribution

Under $50k
3%
$50k–$100k
2%
$100k–$150k
2%
$150k–$200k
4%
$200k–$300k
18%
$300k–$500k
46%
Over $500k
25%

Financials

Median HH Income$77,543 ≈ Avg
Median Home Value$393,827 ▲ 41% above avg
Home/Income Ratio5.1x (nat avg ~3.5x)
Median Rent$1,711/mo
Total Housing Units28,497
Vacant Units14,309

Income Distribution

Under $25k
11%
$25k–$50k
16%
$50k–$75k
19%
$75k–$100k
16%
$100k–$150k
15%
$150k–$200k
10%
Over $200k
13%
Employment & Commute

How People Get to Work

Drove Alone
84%
Public Transit
1%
Walked
3%
Work From Home
13%

Commute Time

Under 15 min
37%
15–30 min
35%
30–45 min
19%
Over 45 min
9%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
2%
1960s–1970s
12%
1980s–1990s
23%
2000+
61%
About Panama City Beach, FL

Panama City Beach is a city in Florida, located in Bay County. The city spans 2 ZIP codes and is home to approximately 30,673 residents. It is a mature city, with a median age of 45.64 years.

Economically, Panama City Beach is a middle-income community. The median household income of $77,543 is near the national average. Approximately 7.3% of residents live below the poverty line. The unemployment rate is 2.7%, below the national average.

The real estate market in Panama City Beach is a mid-range housing market. Median home values stand at $393,827, which is above the national average. Renters typically pay around $1,711 per month. Homeownership is high at 65.3%, typical of suburban and family-oriented communities.

The population of Panama City Beach is well-educated. 50.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (79.63%).

Panama City Beach, FL offers residents above-average earning potential within Florida. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Panama City Beach
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
32407 15,459 $79,052 $403,500 $1,792 2.9% 51.2% 61.0%
32413 15,214 $76,010 $384,000 $1,629 2.5% 49.7% 69.6%