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Economy & jobs Statistics · City estimate

Income per person in Panama City

2013 – 2024 · 12 data points 232 of 391 · Towns of Florida Updated Nov 8, 2026
Economy & jobs · Panama City Bay County Florida United States

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

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Overview 8 figures People 24 figures Economy 20 figures Housing 8 figures Education 10 figures Tourism 3 figures Climate 8 figures
Latest value · 2024 $38,881 +6.8% since 2023 ± $2,806 · margin of error
Towns of Florida · 2024 232 of 391 Place 1 is the highest value.
since 2014 +73% +5.4% a year on average
vs Bay County −4.7% Bay County: $40,782 · 2024
Income per person, 2013 – 2024 US Dollar · Panama City · Bay County · Florida · United States
+73% since 2014
Panama City Bay County Florida United States

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Compared with Income per person · US Dollar
Panama City
$38,881
Bay County
$40,782
Florida
$42,609
United States
$44,673

Source: U.S. Census Bureau, American Community Survey 5-year estimates

The series at a glance Panama City · 2013 – 2024
Latest value $38,881 · 2024
First value $21,894 · 2013
Highest $38,881 · 2024
Lowest $21,894 · 2013
Average change +5.4% a year on average
Data points 12

By year

All years · 2013 – 2024

YearPanama City±Change Bay CountyFloridaUnited States
2024estimate $38,881 $2,806 +6.8% $40,782 $42,609 $44,673
2023estimate $36,398 $2,809 +7.5% $38,856 $41,055 $43,289
2022estimate $33,853 $2,473 +9.7% $36,868 $38,850 $41,261
2021estimate $30,862 $1,932 +4.7% $32,312 $35,216 $37,638
2020estimate $29,473 $2,138 +11% $30,774 $32,848 —
2019estimate $26,517 $1,386 +5.4% $29,290 $31,619 —
2018estimate $25,156 $1,317 +1.7% $28,017 $30,197 —
2017estimate $24,732 $1,587 +7.6% $26,742 $28,774 —
2016estimate $22,995 $1,013 +2.0% $25,695 $27,598 —
2015estimate $22,548 $972 +0.5% $25,246 $26,829 —
2014estimate $22,431 $1,022 +2.5% $24,937 $26,499 —
2013estimate $21,894 $1,180 $24,498 $26,236 —

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024

Ranking · Towns of Florida

2020 · Place 1 is the highest value.

Year: 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Highest first Lowest first A–Z
#TerritoryIncome per person
133 Alva $39,972
42 Anna Maria $60,439
260 Apalachicola $28,162
90 Apollo Beach $47,763
59 Atlantic Beach $56,019
57 Atlantis $56,276
259 Ave Maria $28,189
60 Aventura $56,007
274 Bagdad $27,426
21 Bal Harbour $73,149
310 Baldwin $23,419
71 Bay Harbor Islands $52,251
167 Bay Pines $36,171
327 Bayonet Point $21,992
319 Bayshore Gardens $22,760
379 Bell $14,635
372 Belle Glade $16,264
16 Belleair $80,490
25 Belleair Beach $71,655
104 Belleair Bluffs $45,240
258 Bellview $28,256
321 Beverly Hills $22,637
147 Big Pine Key $38,539
221 Biscayne Park $31,187
157 Bloomingdale $37,596
…
261 Palmetto $28,145
68 Palmetto Bay $53,746
357 Panacea $19,192
240 Panama City $29,473
154 Panama City Beach $37,789
234 Parker $30,036
45 Parkland $60,052
…

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020

What it means

Average income per resident.

How it is calculated

Total money income of residents divided by the population, from the survey.