Panama City Beach, FL
REAL ESTATE & DEMOGRAPHIC DATA






Panama City Beach profile


Living in Panama City Beach


Panama City Beach is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 18,094 people and ten constituent neighborhoods, Panama City Beach is the 155th largest community in Florida. Much of the housing stock in Panama City Beach was built relatively recently. The construction of new real estate can often be taken as an indication that the local Panama City Beach economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Panama City Beach, where the median household income is $65,253.00.

Panama City Beach is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Panama City Beach is a city of sales and office workers, professionals, and service providers. There are especially a lot of people living in Panama City Beach who work in sales jobs (18.16%), management occupations (13.08%), and food service (10.02%).

There are quite a few people in the armed forces living in Panama City Beach, and when you visit or drive around town, you will see military people in and out of uniform, shopping, enjoying life, and being part of the community.

Also of interest is that Panama City Beach has more people living here who work in computers and math than 95% of the places in the US.

Another notable thing is that Panama City Beach is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the city’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.

One of the nice things about Panama City Beach is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

In terms of college education, Panama City Beach is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 30.99% of adults in Panama City Beach have a college degree.

The per capita income in Panama City Beach in 2018 was $37,789, which is upper middle income relative to Florida and the nation. This equates to an annual income of $151,156 for a family of four. However, Panama City Beach contains both very wealthy and poor people as well.

Panama City Beach is a very ethnically-diverse city. The people who call Panama City Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Panama City Beach residents report their race to be White, followed by Black or African-American. Important ancestries of people in Panama City Beach include Irish, German, English, Italian, and French.

The most common language spoken in Panama City Beach is English. Other important languages spoken here include Spanish and Arabic.