Panama City, FL Population

Overview

34,521

Total Population

39.2

Median age

52.84%

Female population %

89.2:100

Gender ratio (M:F)

30-34 years

Largest age group

61.6

Total dependency ratio

White

Largest racial group

2,893

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Panama City's population is old compared to the rest of the country:

The median age in Panama City is 39.2, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Panama City's population under 18 was 22.32%, compared to the 22.51% nationwide.
Panama City's elderly or the senior population (over 65 age) was 18.86% as compared to 16.04% nationwide.
Of the total population in Panama City, 19.25% were under the age of 15, 18.36% aged 15 to 29, 43.53% aged 30 to 64, 16.26% aged 65 to 84, and 2.61% were 85 years of age and older.

There are 1,963 more females than males in Panama City:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 52.84% females and 47.16% males in Panama City, FL.
The Panama City, FL gender ratio is 89.2:100 i.e. 89.2 men to 100 women (0.892).
For male population, the largest age group is 0-4 years with a population of 1,474.
For the female population, the largest age group is 30-34 years with a population of 1,471.

Panama City's population has become increasingly diverse:

Racial distribution of Panama City population: 65.48% are White, 21.67% are Black or African American, 1.21% are American Indian and Alaska Native, 1.27% are Asian, 0.23% are Native Hawaiian and other Pacific Islander, 3.26% are some other race and 6.89% are multiracial.
Panama City's racial breakdown clearly shows that there is an absolute majority of White population in the city.
By ethnicity, 2,893 is Hispanic or Latino (of any race), and 31,628 (91.62% of the total population) is Non-Hispanic.
The largest racial group in Panama City is White with a population of 22,604 (65.48% of the total population).

Panama City's population has already reached its peak and is showing a trend of decline:

The peak population was 37,186 in the year 2016
From 2000 to 2010, Panama City's population decreased by 1,604 (4.42%), as compared to the national growth of 9.63%.
From 2010 to 2020, Panama City's population decreased by 1,907 (5.50%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Panama City's population was lowest in year 2020 at 32,788.