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Panama City, FL

Compare Cost of Living, Education, Income, Population, and More.

Panama City's Livability

C+
  • C
    Affordability
  • B
    Housing
  • C
    Job Market
  • A
    Diversity
  • C+
    Crime
  • B+
    Commute
  • C-
    Education
  • B+
    Weather
  • C+
    Amenities

About Panama City, FL

Panama City, FL is located in Bay County in the state of Florida.

The total City Population for Panama City is about 34,521 with about 395 people per square mile.

The Average Home Value is $184,419, which is roughly 28% lower than the Average Home Value of $255,473 for the state of Florida, and roughly 15% lower than the National Average of $217,072.

The Median Income Per Household is about $51,569, which is roughly 20% lower than the Average Median Income Per Household of $64,192 for the state of Florida, and roughly 21% lower higher than the National Average of $65,026.

Walk Score for Panama City, FL Bike Score for Panama City, FL

Quick Stats

Panama City Population 34,521
Average Home Value $184,419
Median Household Income $51,569
Median Age 39.2
Unemployment Rate 6.7%
Politics 71.05% Republican

Demographic Details

Average # of People Per Household: 1.69
Male Population Estimate: 47.2%
Female Population Estimate: 52.8%
Median Age: 39.2
Male Median Age: 24.6
Female Median Age: 25.7

Racial Demographic Estimates

White:65.5%
Black:21.7%
Hispanic:8.4%
Other:3.3%
Asian:1.3%
Indian:1.2%
Hawaiian:0.2%

Voting

Bay County voted Republican in the 2020 Presidential Election with a very significant difference of 77.13% between the winner and runner up.
Marco Rubio
U.S. Senator
Marco Rubio
Republican Party
Rick Scott
U.S. Senator
Rick Scott
Republican Party
Ron DeSantis
State governor
Ron DeSantis
Republican Party

Voting Results by Party

Republican: 71.05%
Democratic: 27.53%
Libertarian: 1.08%
Other: 0.18%
Green: 0.15%

Crime Details

NOTE: Crime is available at the County level so this doesn't necessarily represent the city of Panama City specifically.

Average # of Homicides for Bay County: About 6.01677 per 100,000 People
(last recorded in 2021)

Average # of Violent Crimes for Bay County: About 496.911 per 100,000 People
(last recorded in 2021)

Bay County is about 34% higher than the national average of about 4 homicides per 100,000 people, and about 42% higher than the national average of about 288 violent crimes per 100,000 people.

Employment

The Unemployment Rate for Panama City is about 6.7%.

Florida is ranked #32 out of 52 for Best and Worst States to Work in America, with an overall score of 36.22 out of 100.

32nd out of 52

Wage Policies

Overall Wage Policy Score: 30.13

The average living wage for the state of Florida is $32.28/hr, while the states minimum wage is $8.65/hr, which can be set above the state standard, and is extended to farm workers. This gives Florida a minimum wage score of 25.7 compared to all other states.

The minimum wage for tipped employees is $6.98/hr, which gives Florida a minimum wage for tipped employees score of 75.11 compared to all other states.

The weekly unemployment (UI) benefit for Florida is $173.00, resulting in a UI benefit score of 19.4 compared to all other states.

Worker Protection Policies

Overall Worker Protection Score: 71.43
X Florida does provide accommodations for pregnant workers.
X Florida does offer protections for workplace breastfeeding.
Florida does mandate equal pay across gender and race.
X Florida does prohibit pay secrecy practices in the workplace.
X Florida does restrict access to salary history to reduce gender and racial bias.
X Florida does provide some form of paid family leave.
X Florida does provide some form of paid sick leave.
X Florida does not provide flexible scheduling of worker shifts.
X Florida does not mandate pay reporting or "call-in" pay by employers.
X Florida does not provide split shift pay regulation.
X Florida does not provide workers advanced notice of shift scheduling.
Florida does provide some form of sexual harassment protection in state law.
Florida does extend workers compensation mandates to farmworkers.
X Florida does not extend worker protections to domestic workers.

Right To Organize Policies

Overall Right To Organize Score: 70
X Florida does not have a "right-to-work" law.
X Florida does legalize project labor agreements to ensure a fair wage to workers on contract.
Florida does not protect workers against wage theft retaliation.
Florida does partially require collective bargaining for public workers.
Florida does provide collective bargaining for teachers.
Florida does provide wage negotiations for teachers.
Data from Oxfam America, Inc.
A global organization that fights inequality to end poverty and injustice.

Nearby Location

Additional Location Details

Zip Code(s): 32401, 32402, 32404, 32405, 32412 (5 Total Zip Codes)
Latitude: 30.199500
Longitude: -85.600300
TimeZone: Central (GMT -06:00)
Daylight Saving: Yes
Region: South
Average Elevation: 23.4 ft.
Area Code(s): 850