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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
2014 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 386 | Opa-locka | $19,243 | |
| 385 | Chiefland | $19,600 | |
| 384 | Brownsville | $20,804 | |
| 383 | Century | $22,357 | |
| 382 | University | $22,523 | |
| 381 | Goulding | $22,591 | |
| 380 | Gladeview | $23,321 | |
| 379 | Goodland | $24,243 | |
| 378 | Otter Creek | $24,583 | |
| 377 | Canal Point | $25,313 | |
| 376 | Carrabelle | $25,714 | |
| 375 | Immokalee | $25,725 | |
| 374 | Defuniak Springs | $25,806 | |
| 373 | Fellsmere | $25,836 | |
| 372 | Fort Pierce | $25,976 | |
| 371 | Bunnell | $26,182 | |
| 370 | Panacea | $26,250 | |
| 369 | Inglis | $26,450 | |
| 368 | Florida City | $26,539 | |
| 367 | Holly Hill | $26,699 | |
| 366 | Wimauma | $26,896 | |
| 365 | Mangonia Park | $26,979 | |
| 364 | Cross City | $26,979 | |
| 363 | Beverly Hills | $27,238 | |
| 362 | Dover | $27,390 | |
| … | |||
| 151 | Lake Magdalene | $52,911 | |
| 150 | Juno Beach | $53,178 | |
| 149 | Palm Harbor | $53,232 | |
| 148 | Panama City Beach | $53,242 | |
| 147 | Indian Shores | $53,314 | |
| 146 | Coconut Creek | $53,316 | |
| 145 | Haverhill | $53,365 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2014
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