Based on the latest 2022 data from the US census, the current population of Panama City is 34,045. Panama City, Florida is the 1,166th largest city in the US.
Panama City is located entirely in Bay County.
The peak population of Panama City was in 2000, when its population was 36,818. In 2000, Panama City was the 869th largest city in the US; now its fallen to the 1,166th largest city in the US. Panama City is currently 7.5% smaller than it was in 2000.
Panama City has shrunk 7.5% since the year 2000. Panama City, Florida's growth is extremely below average. 92% of similarly sized cities are growing faster since 2000.
The total voting age population of Panama City, Florida, meaning US citizens 18 or older, is 27,265. The voting age population is 46.7% male and 53.3% female.
According to the latest census statistics, 18.9% of the residents of Panama City are 65 or older.
The racial demographics of Panama City are 71.9% White, 20.8% Black, 3.5% Two or more races, 2.0% Asian, 1.4% Other, 0.3% American Indian and 0.2% Native Hawaiian or Other Pacific Islander. Additionally, 8.1% of the population identifies as Hispanic.
In Panama City, 21.6% of residents have an income below the poverty line, and the child poverty rate is 33.6%. On a per-household basis, 16.4% of families are below the poverty line in Panama City.
Among those aged 16 and older, 60.4% of Panama City residents are in the labor force.
Among the adult population 25 years old and over, 90.2% of Panama City residents have at least a high school degree or equivalent, 24.2% have a bachelor's degree and 9.1% have a graduate or professional degree.
Among Panama City residents aged 5 and older, 9.1% of them speak a non-English language at home. Broken down by language: 5.6% of residents speak Spanish at home, 1.3% speak an Indo-European language, and 0.9% speak an Asian language.
The unemployment rate in Panama City is 7.6%, which is calculated among residents aged 16 or older who are in the labor force.
In Panama City, 15.5% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Panama City is $43,953.
In Panama City, 50.5% of housing units are occupied by their owners.
Renters occupy 49.5% of housing units in Panama City.
Of all the housing units in Panama City, 6.1% of them were build before 1940.
In Panama City, 10.7% of the total housing units were built after the year 2000, which is approximately 1,900 units.
The median gross monthly rent payment for renters in Panama City is $945.
In Panama City, 82.2% of households have an active broadband internet connection.
|Year||Population||Rank in US|
|1159||American Fork, Utah||34,422||52.1%|
|1161||Pleasant Hill, California||34,304||3.7%|
|1165||San Dimas, California||34,064||-2.7%|
|1166||Panama City, Florida||34,045||-7.5%|
|1170||Cooper City, Florida||33,972||19.5%|
|1172||Walla Walla, Washington||33,927||11.1%|
|655||Palm Beach Gardens||59,449||63.7%|
|939||North Miami Beach||42,507||1.8%|
|940||Lake Worth Beach||42,496|
|1016||Royal Palm Beach||39,043||77.6%|
|1269||New Smyrna Beach||31,120||51.2%|
|1729||Sunny Isles Beach||22,064||44.1%|
|1809||Fort Walton Beach||20,879||4.3%|
|2025||Panama City Beach||18,294||136.6%|
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