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 $51,594 in 2017, the latest figures available. Panama City median household income is $1,000 lower than the median Florida household income and $8,742 less than the US median household income. 2018 metro income data (including Panama City median household income) will be released in September of 2019. 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

2017 1 Year Change 3 Year Change
US $60,336 +2.51% +8.49%
Florida $52,594 +1.23% +6.91%
Panama City $51,594 +6.22% +11.52%

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

The current median household income for Panama city is $51,594. Real median household income peaked in 2007 at $58,055 and is now $6,461 (11.13%) lower. From a post peak low of $46,265 in 2014, real median household income for Panama city has now grown by $5,329 (11.52%).

Real Median Household Income: Panama City, Florida, National

Historical Inflation Adjusted Median Household Income for Panama City

Date US Florida Panama City
2017 $60,336 $52,594 $51,594
2016 $58,856 $51,954 $48,571
2015 $57,709 $51,140 $49,733
2014 $55,613 $49,193 $46,265
2013 $55,072 $48,522 $48,084
2012 $54,948 $48,176 $49,208
2011 $55,162 $48,387 $48,399
2010 $56,388 $50,036 $50,568
2009 $57,519 $51,237 $50,802
2008 $59,382 $54,530 $52,200
2007 $60,135 $56,655 $58,055
2006 $59,051 $55,448 $54,964

Panama City Family Income

The ACS 1-year data shows the median family income for Panama City was $67,684 in 2017. Compared to the median Florida family income, Panama City median family income is $3,681 higher. As with the median household income data, 2018 family income data for Panama City will be released in September of 2019.

Show dollars as: Nominal Real

Real Median Family Income for Panama City Florida

2017 1 Year Change 3 Year Change
US $73,891 +1.79% +8.17%
Florida $64,003 +2.23% +7.93%
Panama City $67,684 +10.58% +17.46%

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

The current median family income for Panama city is $67,684. Real median family income peaked in 2007 at $69,944 and is now $2,260 (3.23%) lower. From a post peak low of $56,825 in 2013, real median family income for Panama city has now grown by $10,859 (19.11%).

Real Median Family Income: Panama City, Florida, National

Historical Inflation Adjusted Median Family Income for Panama City

Date US Florida Panama City
2017 $73,891 $64,003 $67,684
2016 $72,591 $62,607 $61,208
2015 $70,627 $61,397 $61,129
2014 $68,313 $59,298 $57,624
2013 $67,488 $58,786 $56,825
2012 $66,880 $58,591 $58,827
2011 $67,126 $58,937 $62,440
2010 $68,289 $59,821 $61,230
2009 $69,958 $61,284 $61,108
2008 $72,321 $65,575 $65,394
2007 $72,500 $67,514 $69,944
2006 $71,330 $66,356 $62,505

Panama City Per Capita Income

The ACS 1-year survey shows the per capita income for Panama City was $26,993 in 2017. Compared to the median Florida per capita income, Panama City median per capita income is $2,845 lower. As with the median household and median family income numbers above, 2018 per capita income data for Panama City will be released in September of 2019.

Show dollars as: Nominal Real

Real Per Capita Income for Panama City Florida

2017 1 Year Change 3 Year Change
US $32,397 +1.88% +8.20%
Florida $29,838 +2.06% +8.30%
Panama City $26,993 +2.02% +3.53%

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

The current per capita income for Panama city is $26,993. Real per capita income peaked in 2007 at $31,836 and is now $4,843 (15.21%) lower. From a post peak low of $24,200 in 2013, real per capita income for Panama city has now grown by $2,793 (11.54%).

Real Per Capita Income: Panama City, Florida, National

Historical Real Per Capita Income for Panama City

Date US Florida Panama City
2017 $32,397 $29,838 $26,993
2016 $31,798 $29,237 $26,458
2015 $31,019 $28,658 $26,068
2014 $29,942 $27,551 $26,073
2013 $29,706 $27,229 $24,200
2012 $29,221 $27,198 $25,749
2011 $29,173 $27,203 $26,448
2010 $29,361 $27,348 $24,985
2009 $30,246 $28,280 $25,291
2008 $31,488 $30,466 $29,114
2007 $31,629 $31,639 $31,836
2006 $30,795 $30,831 $29,134