HomeFlorida › Panama City Beach

Panama City Beach, Florida

city · Bay County

At a glance

18,971
Population
$441,300
Median home value (all homes)
45% above U.S. median
$415,340
Typical market value
Zillow, 2026-07
$1,791/mo
Median rent
33% above U.S. median
$80,941
Median household income
3% above U.S. median
20.7 min
Average commute
94.5%
Homes with broadband
59%
Locations with fiber available
5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 113 — 13% above the national average. how it's computed

Housing63% above
Goods & services2% below
Utilities7% above
Taxes63% below
Insurance49% above
Commute cost25% below
For business: Florida is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college5 mi
Nearest community college77 mi
Nearest technical college10 mi
High school graduates95.5%
College graduates38%

Doing business here

Economic development contacts, most local first:

city Panama City Beach Economic Development
The Panama City Beach Chamber advocates for the economic development of Panama City Beach and the surrounding areas, while partnering with the City of PCB, Visit PCB Tourist Development Council, and Bay EDA in developing a plan and marketing strategy, and bringing in more businesses and industry to Bay County, Florida.
state Enterprise Florida
Florida-based economic development organization page offering business development, export resources, and international trade information, with contact details for a regional business development team.
state Florida Economic Development Council
Florida Economic Development Council is a Florida-based economic development organization with a board of directors and staff, offering membership, advocacy, events, and professional development for Florida's economic development professionals.
State sales taxYes
State income taxNone
Right-to-work stateYes

Similar towns nearby

Panama City, FL 9 mi · pop 34,979 · $269k
Lynn Haven, FL 11 mi · pop 20,081 · $320k
Springfield, FL 12 mi · pop 8,230 · $189k
Parker, FL 13 mi · pop 4,509 · $224k
Callaway, FL 14 mi · pop 13,496 · $250k