Department of Numbers

Panama City-Lynn Haven-Panama City Beach Florida Household Income

The Census ACS 1-year survey reports that the median household income for the Panama City-Lynn Haven-Panama City Beach Florida metro area was $47,548 in 2016, the latest figures available. Panama City median household income is $3,312 lower than the median Florida household income and $10,069 less than the US median household income. 2017 metro income data (including Panama City median household income) will be released in September of 2018. Median family and per capita income for Panama City-Lynn Haven-Panama City Beach are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Panama City Florida

2016 1 Year Change 3 Year Change
US $57,617 +2.01% +7.02%
Florida $50,860 +1.62% +7.22%
Panama City $47,548 -2.31% +1.15%

Trends in Panama City, FL Real Median Household Income since 2005

The current median household income for Panama city is $47,548. Real median household income peaked in 2007 at $56,704 and is now $9,156 (16.15%) lower. From a post peak low of $45,254 in 2014, real median household income for Panama city has now grown by $2,294 (5.07%).

Real Median Household Income: Panama City, Florida, National

Historical Inflation Adjusted Median Household Income for Panama City

Date US Florida Panama City
2016 $57,617 $50,860 $47,548
2015 $56,480 $50,050 $48,673
2014 $54,398 $48,118 $45,254
2013 $53,838 $47,436 $47,007
2012 $53,701 $47,083 $48,092
2011 $53,879 $47,261 $47,273
2010 $55,093 $48,887 $49,407
2009 $56,180 $50,044 $49,620
2008 $58,000 $53,261 $50,985
2007 $58,736 $55,337 $56,704
2006 $57,677 $54,158 $53,685
2005 $56,832 $52,150 $50,022

Panama City Family Income

The ACS 1-year data shows the median family income for Panama City was $59,919 in 2016. Compared to the median Florida family income, Panama City median family income is $1,370 lower. As with the median household income data, 2017 family income data for Panama City will be released in September of 2018.

Show dollars as: Nominal Real

Real Median Family Income for Panama City Florida

2016 1 Year Change 3 Year Change
US $71,062 +2.81% +7.71%
Florida $61,289 +2.00% +6.65%
Panama City $59,919 +0.16% +7.86%

Trends in Panama City, FL Real Median Family Income since 2005

The current median family income for Panama city is $59,919. Real median family income peaked in 2007 at $68,317 and is now $8,398 (12.29%) lower. From a post peak low of $55,552 in 2013, real median family income for Panama city has now grown by $4,367 (7.86%).

Real Median Family Income: Panama City, Florida, National

Historical Inflation Adjusted Median Family Income for Panama City

Date US Florida Panama City
2016 $71,062 $61,289 $59,919
2015 $69,122 $60,089 $59,826
2014 $66,820 $58,002 $56,365
2013 $65,977 $57,470 $55,552
2012 $65,363 $57,262 $57,493
2011 $65,564 $57,566 $60,987
2010 $66,721 $58,447 $59,824
2009 $68,329 $59,858 $59,686
2008 $70,638 $64,049 $63,873
2007 $70,813 $65,943 $68,317
2006 $69,670 $64,812 $61,050
2005 $68,618 $62,022 $59,942

Panama City Per Capita Income

The ACS 1-year survey shows the per capita income for Panama City was $25,901 in 2016. Compared to the median Florida per capita income, Panama City median per capita income is $2,720 lower. As with the median household and median family income numbers above, 2017 per capita income data for Panama City will be released in September of 2018.

Show dollars as: Nominal Real

Real Per Capita Income for Panama City Florida

2016 1 Year Change 3 Year Change
US $31,128 +2.54% +7.19%
Florida $28,621 +2.05% +7.52%
Panama City $25,901 +1.52% +9.48%

Trends in Panama City, FL Real Per Capita Income since 2005

The current per capita income for Panama city is $25,901. Real per capita income peaked in 2007 at $31,095 and is now $5,194 (16.70%) lower. From a post peak low of $23,658 in 2013, real per capita income for Panama city has now grown by $2,243 (9.48%).

Real Per Capita Income: Panama City, Florida, National

Historical Real Per Capita Income for Panama City

Date US Florida Panama City
2016 $31,128 $28,621 $25,901
2015 $30,358 $28,047 $25,512
2014 $29,288 $26,949 $25,503
2013 $29,041 $26,619 $23,658
2012 $28,558 $26,581 $25,165
2011 $28,494 $26,570 $25,833
2010 $28,687 $26,720 $24,411
2009 $29,542 $27,622 $24,702
2008 $30,755 $29,758 $28,437
2007 $30,894 $30,903 $31,095
2006 $30,078 $30,114 $28,456
2005 $30,768 $30,247 $26,608