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 $59,450 in 2019, the latest figures available. Panama City median household income is $223 higher than the median Florida household income and $6,262 less than the US median household income. 2020 metro income data (including Panama City median household income) will be released in September of 2021. Median family and per capita income for Panama City-Lynn Haven-Panama City Beach are shown below.

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Real Median Household Income for Panama City Florida

2019 1 Year Change 3 Year Change
US $65,712 +4.21% +7.05%
Florida $59,227 +4.89% +9.31%
Panama City $59,450 +12.63% +17.36%

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

The current median household income for Panama city is $59,450. Real median household income peaked in 2007 at $60,547 and is now $1,097 (1.81%) lower. From a post peak low of $48,252 in 2014, real median household income for Panama city has now grown by $11,198 (23.21%).

Real Median Household Income: Panama City, Florida, National

Historical Inflation Adjusted Median Household Income for Panama City

Date US Florida Panama City
2019 $65,712 $59,227 $59,450
2018 $63,059 $56,467 $52,782
2017 $62,927 $54,852 $53,809
2016 $61,383 $54,184 $50,656
2015 $60,187 $53,336 $51,869
2014 $58,001 $51,306 $48,252
2013 $57,437 $50,606 $50,149
2012 $57,307 $50,244 $51,321
2011 $57,531 $50,465 $50,477
2010 $58,809 $52,185 $52,739
2009 $59,988 $53,437 $52,984

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Panama City Family Income

The ACS 1-year data shows the median family income for Panama City was $70,253 in 2019. Compared to the median Florida family income, Panama City median family income is $1,095 lower. As with the median household income data, 2020 family income data for Panama City will be released in September of 2021.

Show dollars as: Nominal Real

Real Median Family Income for Panama City Florida

2019 1 Year Change 3 Year Change
US $80,944 +4.06% +6.92%
Florida $71,348 +4.60% +9.27%
Panama City $70,253 +7.98% +10.05%

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

The current median family income for Panama city is $70,253. Real median family income peaked in 2007 at $72,947 and is now $2,694 (3.69%) lower. From a post peak low of $59,265 in 2013, real median family income for Panama city has now grown by $10,988 (18.54%).

Real Median Family Income: Panama City, Florida, National

Historical Inflation Adjusted Median Family Income for Panama City

Date US Florida Panama City
2019 $80,944 $71,348 $70,253
2018 $77,786 $68,209 $65,060
2017 $77,064 $66,751 $70,590
2016 $75,707 $65,295 $63,836
2015 $73,660 $64,033 $63,754
2014 $71,246 $61,844 $60,098
2013 $70,386 $61,311 $59,265
2012 $69,752 $61,106 $61,353
2011 $70,009 $61,468 $65,122
2010 $71,221 $62,389 $63,859
2009 $72,962 $63,916 $63,732

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Panama City Per Capita Income

The ACS 1-year survey shows the per capita income for Panama City was $31,245 in 2019. Compared to the median Florida per capita income, Panama City median per capita income is $1,642 lower. As with the median household and median family income numbers above, 2020 per capita income data for Panama City will be released in September of 2021.

Show dollars as: Nominal Real

Real Per Capita Income for Panama City Florida

2019 1 Year Change 3 Year Change
US $35,672 +3.57% +7.57%
Florida $32,887 +3.01% +7.85%
Panama City $31,245 +9.49% +13.23%

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

The current per capita income for Panama city is $31,245. Real per capita income peaked in 2007 at $33,203 and is now $1,958 (5.90%) lower. From a post peak low of $25,239 in 2013, real per capita income for Panama city has now grown by $6,006 (23.80%).

Real Per Capita Income: Panama City, Florida, National

Historical Real Per Capita Income for Panama City

Date US Florida Panama City
2019 $35,672 $32,887 $31,245
2018 $34,444 $31,927 $28,536
2017 $33,788 $31,119 $28,152
2016 $33,163 $30,492 $27,594
2015 $32,351 $29,888 $27,187
2014 $31,228 $28,734 $27,193
2013 $30,982 $28,399 $25,239
2012 $30,476 $28,366 $26,855
2011 $30,425 $28,372 $27,584
2010 $30,622 $28,522 $26,058
2009 $31,545 $29,494 $26,377

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