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Economy & jobs
Statistics · City
estimate
Median household income in Panama City Beach
2013 – 2024 · 12 data points
167 of 386 · Towns of Florida
Updated Nov 8, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
7 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
7 figures
Latest value · 2024
$80,941
+2.6%
since 2023 ± $2,656 · margin of error
Towns of Florida · 2024
167 of 386
Place 1 is the highest value.
since 2014
+52%
+4.2% a year on average
vs Bay County
+10%
Bay County: $73,533 · 2024
Median household income, 2013 – 2024 US Dollar · Panama City Beach · Bay County · Florida · United States
+52% since 2014
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
2013
2016
2018
2020
2024
Panama City Beach
Bay County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median household income · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Panama City Beach · 2013 – 2024
Latest value
$80,941 · 2024
First value
$51,459 · 2013
Highest
$80,941 · 2024
Lowest
$51,459 · 2013
Average change
+4.2% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Panama City Beach | ± | Change | Bay County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $80,941 | $2,656 | +2.6% | $73,533 | $74,568 | $80,734 |
| 2023estimate | $78,921 | $2,545 | +3.7% | $70,188 | $71,711 | $78,538 |
| 2022estimate | $76,091 | $2,549 | +8.5% | $65,999 | $67,917 | $75,149 |
| 2021estimate | $70,131 | $3,955 | +7.5% | $60,473 | $61,777 | $69,021 |
| 2020estimate | $65,253 | $4,271 | +2.1% | $56,483 | $57,703 | — |
| 2019estimate | $63,912 | $4,887 | +4.0% | $54,316 | $55,660 | — |
| 2018estimate | $61,481 | $3,690 | +4.9% | $51,829 | $53,267 | — |
| 2017estimate | $58,619 | $3,803 | +10% | $50,283 | $50,883 | — |
| 2016estimate | $53,251 | $3,028 | −2.1% | $48,577 | $48,900 | — |
| 2015estimate | $54,406 | $5,032 | +2.2% | $47,368 | $47,507 | — |
| 2014estimate | $53,242 | $2,999 | +3.5% | $47,274 | $47,212 | — |
| 2013estimate | $51,459 | $3,759 | $47,461 | $46,956 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2013 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 386 | Panacea | $18,920 | |
| 385 | Opa-locka | $20,338 | |
| 384 | University | $21,282 | |
| 383 | Brownsville | $21,539 | |
| 382 | Century | $21,932 | |
| 381 | Chiefland | $22,210 | |
| 380 | Goulding | $23,809 | |
| 379 | Goodland | $23,820 | |
| 378 | Otter Creek | $24,271 | |
| 377 | Carrabelle | $24,318 | |
| 376 | Mangonia Park | $24,679 | |
| 375 | Gladeview | $24,990 | |
| 374 | Defuniak Springs | $25,377 | |
| 373 | Canal Point | $25,500 | |
| 372 | Wimauma | $25,625 | |
| 371 | Medley | $25,833 | |
| 370 | Callahan | $25,962 | |
| 369 | Florida City | $26,166 | |
| 368 | Hastings | $26,184 | |
| 367 | Immokalee | $26,399 | |
| 366 | Fort Pierce | $26,414 | |
| 365 | Inglis | $26,563 | |
| 364 | Cross City | $26,607 | |
| 363 | Pierson | $27,031 | |
| 362 | Wewahitchka | $27,188 | |
| … | |||
| 158 | Lake Magdalene | $51,239 | |
| 157 | Seffner | $51,294 | |
| 156 | Fort Myers Beach | $51,341 | |
| 155 | Panama City Beach | $51,459 | |
| 154 | Juno Beach | $51,482 | |
| 153 | Kendale Lakes | $51,549 | |
| 152 | Hutchinson Island South | $51,657 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013
What it means
The income in the middle: half the households earn more, half earn less.
How it is calculated
Median of total annual household income from the survey, in dollars of the survey's last year.
Economy & jobs
Statistics: Panama City Beach
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$13B
2024 · Bay County
Economic growth
2.2%
2024 · Bay County
Inflation
2.9%
2024 · United States
Unemployment rate
4.0%
2025 · Bay County
Unemployment rate, latest month
4.4%
Aug 2026 · Bay County
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
67.4%
2024
Labour force
93,493
2025 · Bay County
Household income per person
$64,167
2024 · Florida