Panama City, FLPublished Date: December 4, 2024Panama City is located in Bay County, Florida and has a population of 34,254. The poverty rate in Panama City is 18.6% and is higher than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Panama City is 5.1% while the Bay County unemployment rate is 4%.
| | Population | |
|---|
| Male | | 47.4% |
| Female | | 52.6% |
| | Median Age (city/county) | |
|---|
| Panama City | | 38.5 |
| Bay | | 41.2 |
| | Median Household Income (city/county) | |
|---|
| Panama City | | $57,221 |
| Bay | | $65,999 |
| | Median Home Value (city/county) | |
|---|
| Panama City | | $213,417 |
| Bay | | $245,145 |
| | Median Rent (city/county) | |
|---|
| Panama City | | $1,221 |
| Bay | | $1,311 |
| | Poverty Rate (city/county) | |
|---|
| Panama City | | 18.6% |
| Bay | | 12.2% |
Races and Ethnicity
▩ White 64.5%
▩ Black or African American 21.1%
▩ Asian 1.3%
▩ Native 1.2%
▩ Pacific 0.2%
▩ Other 3.8%
▩ Hispanic 8.6%
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