Panama City, Florida

Quick Statistics

Panama City is a community in Bay County, Florida, home to about 34,979 people spread across 35.5 square miles of land. The median personal income here is $37,139 a year, and a typical home is worth about $268,900. About 38.6% of adults hold a college degree, and 85.1% of residents under 65 have health insurance. The population has shrunk about 4 percent over the past decade.

See how Panama City has changed over the past 15 years »

34,979
Total Population
▼ down 4% since 2012
More Demographics
35.47 sq. mi.
Total Land Area
More Geography
$37,139
Median Personal Income
More Jobs & Business
$268,900
Median Home Value
More Real Estate
38.6%
College Educated
More Education
85.1%
Have Health Insurance
▲ up 7.3 points since 2010
More Health & Safety

Among the Florida towns GeoStat tracks, Panama City ranks number 125 of 955 in population, number 605 in median household income, number 600 in median home value. See how it stacks up on the trends page or compare it with another town.

Summers around Panama City typically top out near 91°F in July, while January nights average about 43°F. Full normals are on the climate page.

Towns Near Panama City
# Town Distance Population
1.Cedar Grove, FL2.8 mi.3,802
2.Pretty Bayou, FL2.9 mi.2,906
3.Springfield, FL4.0 mi.8,230
4.Parker, FL4.9 mi.4,509
5.Upper Grand Lagoon, FL5.0 mi.17,232
6.Lynn Haven, FL5.1 mi.20,081
7.Lower Grand Lagoon, FL5.2 mi.4,287
8.Tyndall AFB, FL6.8 mi.447
Frequently Asked Questions About Panama City

What is the population of Panama City, Florida?
Panama City has a population of about 34,979 people, according to the latest Census Bureau estimates.

What county is Panama City, Florida in?
Panama City is located in Bay County, Florida.

What is the median home value in Panama City, Florida?
The median home value in Panama City is about $268,900, based on American Community Survey data.

What is the median income in Panama City, Florida?
The median personal income in Panama City is about $37,139 per year.

How many tornadoes have hit near Panama City, Florida?
Since 1950, 90 tornadoes have been recorded in Bay County. See the tornado page for maps and details of each one.

What is the weather like in Panama City, Florida?
Typical July highs run about 91 degrees and January lows about 43 degrees. Figures are 30-year NOAA climate normals.

Use the menu on the left to find more detailed statistics on Panama City, Florida.