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Panama City Beach

Panama City Beach is in Bay County. According to the U.S. Census Bureau, it has about 19,000 residents, a median age of 42 and a median household income of $65,000. The figures below compare it on the same terms as every city on this site, each with its source, so you can check them yourself.

Key facts

Population and income from the U.S. Census · housing from public listing data

PopulationU.S. Census19,000
Median AgeU.S. Census42
Median Household IncomeU.S. Census$65,000
Median Home PricePublic listing data$450,000
Average Rent (2BR)Public listing data$1,900 / month
Cost of LivingBEA regional price parities5% above U.S. average
Summer Avg TempNOAA climate normals89°F
Winter Avg TempNOAA climate normals57°F
Commute to Nearest City CenterEstimated drive time15 minutes
Commute to Nearest BeachEstimated drive timeWalk to beach
CountyBay County
Flood riskFEMA flood mapsCheck FEMA map ↗
Unemployment 2024U.S. Bureau of Labor Statistics3.4%
Cost of living 2024Bureau of Economic Analysis97 vs U.S. 100

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Beach LivingVacation HomesNightlifeInvestorsCompare areas with real data. We put the published figures for the areas on your list side by side and send you the report, so you can choose for yourself.A comparative market analysis. The areas you are considering, measured on the same terms and set side by side, using data from a trusted third-party provider. Delivered as a written report.The Florida Home Buyer Guide. The questions worth asking before an offer, in English and Portuguese.A Realtor report and an introduction. When you are ready, a Realtor report on licensed agents who work that market, followed by an introduction, with the questions to raise in your first conversation.

Neighborhoods in Panama City Beach

5 areas · open one to read its guide

Schools & jobs in Panama City Beach

School zoning is set by address, not by city. Sources: Florida Department of Education and NCES for schools; U.S. Bureau of Labor Statistics and Bureau of Economic Analysis for wages and cost of living.

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  1. A comparative market analysis.The areas you are considering, measured on the same terms and set side by side, using data from a trusted third-party provider. Delivered as a written report.
  2. The Florida Home Buyer Guide.The questions worth asking before an offer, in English and Portuguese.
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Questions people ask about Panama City Beach

The comparisons buyers most often raise, with the figures behind them.

Panama City Beach vs Lynn Haven

Expect to pay around $450,000 in Panama City Beach and $360,000 in Lynn Haven at the median. Panama City Beach is much the smaller, 19,000 residents against 22,000. Incomes run $75,000 in Lynn Haven and $65,000 in Panama City Beach.

Read more about Lynn Haven →

Panama City Beach vs Mexico Beach

Mexico Beach is much the smaller, 1,200 residents against 19,000. Panama City Beach skews younger, a median age of 42 against 55. Expect to pay around $500,000 in Mexico Beach and $450,000 in Panama City Beach at the median.

Read more about Mexico Beach →

Panama City Beach vs Panama City

Panama City Beach is much the smaller, 19,000 residents against 36,000. Expect to pay around $450,000 in Panama City Beach and $290,000 in Panama City at the median. If you rent before buying, budget $1,900 in Panama City Beach or $1,450 in Panama City.

Read more about Panama City →

Panama City Beach vs Niceville

Incomes run $85,000 in Niceville and $65,000 in Panama City Beach. Niceville is much the smaller, 16,000 residents against 19,000. If you rent before buying, budget $1,900 in Panama City Beach or $1,750 in Niceville.

Read more about Niceville →

Where these numbers come from

Checked against the published source, not estimated

  • Population, age and household income, U.S. Census Bureau, American Community Survey
  • Home prices and rent, public listing data, refreshed periodically. Figures move with the market; confirm current numbers before you act on them.
  • School grades, Florida Department of Education, 2025-26 school grades. School list and enrollment from the National Center for Education Statistics. Zoning is set by address, not by city.
  • Unemployment, U.S. Bureau of Labor Statistics, metropolitan area annual rates
  • Cost of living, Bureau of Economic Analysis regional price parities, 2024. 100 is the U.S. average.
  • Flood risk, FEMA Flood Map Service Center. Always check the specific address.
  • Temperatures and drive times, NOAA climate normals and typical driving estimates