Population: 172,228

Households: 69,389

Families: 44,583

Average Household Size: 2.43

Median Age: 41.1

 

0–4                 9,519               5.5%

5–9                 9,697               5.6%

10–14             9,872               5.7%

15–19             8,904               5.2%  

20–24             9,603               5.6%

25–34             24,821             14.4%

35–44             21,710             12.6%

45–54             20,565             11.9%

55–64             24,556             14.3%

65–74             19,399             11.3%

75–84              9,907               5.8%

85+                   3,675               2.1%

 

Population by Sex 

Males: 85,523 (49.6%)

Females: 86,705 (50.4%)

 

Labor Force: 92,094

Average Wage: $45,946

Median Household Income:   $59,296           (Projected 2026) $65,151

Average Household Income:   $77,474           (Projected 2026) $87,308

Per Capita Income:                  $31,274           (Projected 2026) $35,20

Unemployment Rate:              2.4% (as of March 2022)

 

White, Alone                           138,124           80.2%

Black, Alone                            19,132             11.1%

American Indian, Alone          1,271               0.7%

Asian, Alone                            3,979               2.3%   

Pacific Islander, Alone             251                  0.1%

Other Race, Alone                   2,988               1.7%   

Two or More Races                 6,483               3.8%

Hispanic Origin (Any Race)     12,368             7.2%

 

Existing Single-Family Home, Median Price:  Panama City, FL: $350,000         (Florida: $396,558)

Condo / Townhome, Median Price:  Panama City, FL: $425,000    (Florida: $308,000)

Less than 9th Grade                            2.6%

9th–12th Grade, No Diploma             6.6%

High School Graduate                         24.5%

GED/Alternative Credential                6.2%

Some College, No Degree                   24.2%

Associate Degree                                11.1%

Bachelor's Degree                               15.7%

Graduate/Professional Degree           9.2%

Agriculture/Mining                 0.8%

Construction                           8.2%

Manufacturing                        6.0%

Wholesale Trade                     1.6%

Retail Trade                             14.1%

Transportation/Utilities          5.5%

Information                             1.2%

Finance/Insurance/Real Estate 6.0%

Services                                   48.8%

Public Administration             7.8%

 

Services 18.7%

Blue Collar 22.6%