HomeFloridaBay CountyPanama City Beach
Panama City Beach, Florida: commercial real estate data.
Panama City Beach is a Census city of 18,971 people across 19.31 square miles of land, in Bay County. Median household income is $80,941, 59.2 percent of occupied homes are owned, and the SBA record carries 50 7(a) approvals to borrowers here worth $30.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Panama City Beach
What Panama City Beach is
- Census place typecity
- Land area19.31 sq mi
- Water area0.2 sq mi
- Population per square mile of land982
- County holding the largest share of its areaBay County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama City Beach
How many people live in Panama City Beach
- Population18,971
- Median age45.4
- Population under 183,284
- Share under 1817.3 percent
- Population 65 and over3,381
- Share 65 and over17.8 percent
- Households8,713
- Family households5,487
- Share of households that are families63.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama City Beach
Income and work in Panama City Beach
- Median household income$80,941
- Per capita income$52,188
- Civilian labor force10,827
- Employed10,283
- Unemployed544 plus or minus 187
- Unemployment rate5.0 percent plus or minus 1.7
- Adults 25 and over14,092
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher38.0 percent
- Adults 25 and over with a graduate degree14.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama City Beach
Housing in Panama City Beach
- Housing units21,204
- Occupied units8,713
- Vacant units12,491
- Vacancy rate58.9 percent
- Owner occupied5,160
- Renter occupied3,553
- Ownership rate59.2 percent
- Median owner-occupied home value$441,300
- Median gross rent, monthly$1,791
- Annual rent as a share of median income26.6 percent
- Single family units6,116
- Share single family28.8 percent
- Units in buildings of two or more14,762
- Share in buildings of two or more69.6 percent
- Mobile homes288 plus or minus 137
- Median year structure built2001
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama City Beach
How Panama City Beach gets to work
- Workers 16 and over who commute8,910
- Commuting under 15 minutes3,155 plus or minus 698
- Share commuting under 15 minutes35.4 percent plus or minus 7.2
- Commuting 30 minutes or more2,025
- Share commuting 30 minutes or more22.7 percent
- Drove alone73.0 percent
- Carpooled8.2 percent plus or minus 2.9
- Public transport0.1 percent plus or minus 0.2
- Walked3.0 percent plus or minus 1.3
- Worked from home13.2 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama City Beach
SBA loans in Panama City Beach (7(a))
- Approvals50
- Gross approval$30,287,800
- Average approval$605,756
- Median approval$286,000
- Ninetieth percentile approval$1,408,400
- Largest approval$5,000,000
- Jobs supported508
- Jobs per approval10.2
- Loans with a final outcome7
- Paid in full7
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more8.0 percent
- Share to franchises28.0 percent
- Distinct lenders22
- Distinct industries by NAICS34
Counted by borrower city: approvals to borrowers whose address is in Panama City Beach, in any county, FY2020 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Panama City Beach
SBA loans in Panama City Beach (504)
- Approvals25
- Gross approval$18,784,000
- Average approval$751,360
- Median approval$405,000
- Largest approval$2,366,000
- Jobs supported170
- Loans with a final outcome7
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Panama City Beach, in any county, FY2010 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Panama City Beach
Flood risk in Panama City Beach
- NFIP communityCity of Panama City Beach
- NFIP community number120013
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date10/24/24
The City of Panama City Beach participates in the National Flood Insurance Program as community 120013 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Bay County, not Panama City Beach
Bay County context, not Panama City Beach figures
- Establishments in Bay County5,306
- Covered employment, Bay County82,632
- Average annual pay, Bay County$53,407
- Housing units permitted, Bay County2,473
Every figure in this section is published for Bay County as a whole and is not a measurement of Panama City Beach.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Panama City Beach questions, answered from the record.
How many people live in Panama City Beach, Florida?
18,971, in 8,713 households. Panama City Beach city covers 19.31 square miles of land, which is 982 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Panama City Beach in?
Bay County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Panama City Beach?
$80,941. The median owner-occupied home is valued at $441,300. Median gross rent is $1,791 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Panama City Beach businesses?
50 7(a) approvals totaling $30.3 m since FY2020, across 22 lenders, median approval $286,000, plus 25 504 approvals worth $18.8 m since FY2010. These count approvals to borrowers whose address is in Panama City Beach, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Panama City Beach borrowers get paid back?
No rate is published for Panama City Beach. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Panama City Beach in the National Flood Insurance Program?
Yes. Panama City Beach appears in the FEMA Community Status Book as Panama City Beach, city of, community 120013, carrying Community Rating System class 5, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Panama City Beach figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Bay County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Panama City Beach.
Is zoning published for Panama City Beach?
No. Nothing on this page presents parcel level zoning.