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AREA INFORMATION

Panama City, FL

Explore the real estate in Panama City, FL

Area Highlights

Panama City, FL residents have a median age of 41.1 years old, with employment highest in the administrative support and healthcare practitioners industries.

34,900 Population

The population has increased by 6% since the year 2010.

15,175 Households

$52,920 /yr
Median Household Income

$240,500
Median Home Sale Price

21m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

41.1 Median Age

Average Household Size

2.3
persons per
household

36.3%

Married Households

Community Population By Education

High School Graduate 26%
Some College 25%
Bachelors Degree 17%
Some High School 11%
Associates Degree 11%
Graduate Degree 10%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 26.12% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.1% of households have children

Economics

$52,920 /yr
Median Household Income
$240,500
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.74% of the households.

Transportation to Work

  • Drive 92%
  • Work from Home 5%
  • Walk or Bike 2%
  • Public Transit 1%

Occupancy by Type

Owned 8,902 50%
Rented 6,273 35%
Vacant 2,793 16%

White vs Blue Collar Jobs







White Collar 76%
Blue Collar 24%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 41.1 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 63%
Black 19%
Hispanic 11%
Other 5%
Asian 2%
Native American <1%
The most prevalent ethnicity is White at 63%, followed by Black at 19%, Hispanic at 11%, and Other at 5%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

90° July
Hottest Average Month
43° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
43°
63°
Feb
45°
65°
Mar
51°
71°
Apr
57°
77°
May
65°
84°
Jun
71°
89°
Jul
73°
90°
Aug
73°
90°
Sep
70°
88°
Oct
59°
81°
Nov
50°
72°
Dec
44°
65°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

Price On Request
For sale
4 beds • 2 baths • 2,044 sqft

454 Wolcott Way
Panama City Beach, FL 32413

$30,000
For sale
0.27 acres

926 Watermark Way
Panama City, FL 32404

$65,000
For sale
0.99 acres

2735 Sting Ray Rd
Panama City, FL 32404

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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