The population of Panama City Beach, FL was estimated to be 20,000 in 2022. The median age of the Panama City Beach population is 43.5.
Cost of Living
The cost of living in Panama City Beach, FL is about 11% lower than the national average. The median household income in Panama City Beach is $65,253.
Panama City Beach, FL Education
High School Graduate: 25%
Some College: 28%
Associates Degree: 13%
Bachelor's or Higher Degree: 34%
Workforce Participation Rates by Education
Less than High School: 86%
High School Graduate: 82%
Some College: 76%
Bachelor's Degree or Greater: 86%
Unemployment Rate by Education
Some College: 3%
Bachelor's Degree or Greater: 0%
Estimated education data based on residents over 25 years old in Panama City Beach, FL. Employment data based on residents age 25-64.
Panama City Beach Job Market
Panama City Beach (not to be confused with Panama City across the Hathaway Bridge) is a small city in Florida with a population of 12,000. It's known for its large beachfront homes and for being a spring break destination. Top industries in Panama City Beach include Leisure and Hospitality, Health Services, Education, and Trade, Transportation, and Utilities. The job market in Panama City Beach is growing, largely based on its booming tourism industry. People like working in Panama City Beach because of its beautiful white sandy beaches and bustling tourism. Overall, cost of living is higher and average weekly wages are about the same in Panama City Beach compared to the rest of the US.