Panama City, FL: What you need to know

Looking to move to Panama City, FL? We’ve got everything you want to know about the key factors that could make this the best place for you, including Panama City, FL real estate. 

Panama City is located in the Florida Panhandle on the Gulf of Mexico. A popular destination for travelers, residents also enjoy the nearby beaches, shopping, and recreation perks that earned the city a spot on's Top 10 Staycation Cities list. With excellent infrastructure, an international airport and business park, Panama City is also an attractive environment for business.

Panama City, FL City Profile

Quick Facts

Population 36,917
Median Age 40
Median Household Income $37,190
Median Home Price $133,600

Panama City, FL Rankings

Panama City, FL Health and Health Care

Panama City, FL Demographics

Population By Gender

  Male 47%
  Female 53%

Total Employed Armed Forces: 120
In Panama City, FL

in Panama City, FL

Median Population

Median Age 39.5%
Age 18 Over 77.2%
Age 21 Over 73.5%
Age 62 Over 20.1%
Age 65 Over 17.1%


  Ethnicity White 71.7%
  Ethnicity Black 19.6%
  Ethnicity Asian 3%
  Ethnicity Hispanic 8.5%
  Ethnicity Indian 0.4%
  Ethnicity Other 0.3%


  Median Household Income $37,190
  Median Home Price $133,600
  Homes Owned 51.8%
  Homes Rent 48.2%
  Median Property Rent $842


  English Only 91%
  English Other 9%

in Panama City, FL

Commute Types

  Walked 1.7%
  Worked at Home 1.9%
  Public Transportation 1.4%
  Other Means 3.3%
  Drove Alone 80.1%
  Carpooled 11.6%