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.
Population and income from the U.S. Census · housing from public listing data
| PopulationU.S. Census | 19,000 |
|---|---|
| Median AgeU.S. Census | 42 |
| 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 parities | 5% above U.S. average |
| Summer Avg TempNOAA climate normals | 89°F |
| Winter Avg TempNOAA climate normals | 57°F |
| Commute to Nearest City CenterEstimated drive time | 15 minutes |
| Commute to Nearest BeachEstimated drive time | Walk to beach |
| County | Bay County |
| Flood riskFEMA flood maps | Check FEMA map ↗ |
| Unemployment 2024U.S. Bureau of Labor Statistics | 3.4% |
| Cost of living 2024Bureau of Economic Analysis | 97 vs U.S. 100 |
5 areas · open one to read its guide
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.
Tell us what you are looking for, and we’ll pull what is available, run the numbers on holding costs, and look up the assigned schools for the addresses on your list.
Start the Conversation

Florida Relocation Desk
Relocation market analysis team
The numbers first. The decision is yours.
Our analysts compare the areas you are considering side by side, so you walk into every conversation already informed.
A RESEARCH DESK, NOT A PORTAL
A neighborhood can feel like a good fit before the numbers have been read. Looking at how a market has behaved over time shows where it stands today, so the financial side of the decision is as clear as the personal one.
Free for buyers.We never ask for a credit card or any payment details.
Let's find your place in Florida.
The comparisons buyers most often raise, with the figures behind them.
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 →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 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 →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 →Checked against the published source, not estimated