Panama City, FL Demographics

A map of Panama City's Population by Race

Panama City, Florida has an estimated population of 34,979, an increase from the 32,939 recorded in the 2020 Census. The population is 61.8% White, 20.1% Black, 9.7% Hispanic, 5.3% Multiracial, 1.7% Asian, and 1.4% Native American/Other. This demographic dot map shows the population of Panama City, with one dot drawn for each person counted by the Census, color-coded by race.

Panama City is about as racially diverse as it was in the 2020 Census. It is considerably less diverse than Florida overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Panama City, that probability was 56.7% in 2020 and 56.5% in the most recent ACS estimates.

Panama City is ranked the 125th most populous place in Florida, out of 956 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Panama City was ranked the 125th most populous place in the 2020 Census.

Panama City's White Population

21,627 residents of Panama City, or 61.8% of the population, identify as White. The share of White residents in Panama City is considerably higher than in Florida overall, where 50.4% of the population is White. Panama City ranks 557th statewide in terms of White residents as a share of the population, out of 956 places.

Since the 2020 Census, Panama City's White population has grown by an estimated 6.2%. White residents' share of Panama City's population has remained roughly unchanged at 61.8%.

Panama City is more White than neighboring Springfield (60.1% White), and Callaway (54.9% White). Panama City is less White than neighboring Cedar Grove (64.2% White), Lynn Haven (70.4% White), and Parker (72.9% White).

Panama City's Black Population

7,015 residents of Panama City, or 20.1% of the population, identify as Black. The share of Black residents in Panama City is higher than in Florida overall, where 14.6% of the population is Black. Panama City ranks 211th statewide in terms of Black residents as a share of the population, out of 956 places.

Since the 2020 Census, Panama City's Black population has grown by an estimated 12.3%. Black residents' share of Panama City's population has increased from 19.0% to 20.1%.

Panama City is more Black than neighboring Cedar Grove (15.5% Black), Lynn Haven (6.7% Black), and Callaway (19.6% Black). Panama City is less Black than neighboring Springfield (20.3% Black).

Panama City's Asian Population

587 residents of Panama City, or 1.7% of the population, identify as Asian. The share of Asian residents in Panama City is comparable to the share in Florida overall, where 2.9% of the population is Asian. Panama City ranks 286th statewide in terms of Asian residents as a share of the population, out of 956 places.

Since the 2020 Census, Panama City's Asian population has declined by an estimated 17.7%. Asian residents' share of Panama City's population has decreased from 2.2% to 1.7%.

Panama City is less Asian than neighboring Springfield (3.4% Asian), Cedar Grove (3.4% Asian), Lynn Haven (3.8% Asian), Parker (2.1% Asian), and Callaway (4.3% Asian).

Panama City's Hispanic Population

3,405 residents of Panama City, or 9.7% of the population, identify as Hispanic. The share of Hispanic residents in Panama City is significantly lower than in Florida overall, where 27.4% of the population is Hispanic. Panama City ranks 520th statewide in terms of Hispanic residents as a share of the population, out of 956 places.

Since the 2020 Census, Panama City's Hispanic population has declined by an estimated 3.7%. Hispanic residents' share of Panama City's population has decreased from 10.7% to 9.7%.

Panama City is more Hispanic than neighboring Springfield (8.8% Hispanic), and Parker (3.5% Hispanic). Panama City is less Hispanic than neighboring Cedar Grove (13.9% Hispanic), Lynn Haven (11.6% Hispanic), and Callaway (13.7% Hispanic).

Panama City's Native American/Other Population

475 residents of Panama City, or 1.4% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Panama City is comparable to the share in Florida overall, where 0.8% of the population is Native American/Other. Panama City ranks 226th statewide in terms of Native American/Other residents as a share of the population, out of 956 places.

Since the 2020 Census, Panama City's Native American/Other population has grown by an estimated 38.9%. Native American/Other residents' share of Panama City's population has remained roughly unchanged at 1.4%.

Panama City is more Native American/Other than neighboring Springfield (0.5% Native American/Other), Cedar Grove (0.2% Native American/Other), Lynn Haven (0.2% Native American/Other), Parker (0.1% Native American/Other), and Callaway (0.9% Native American/Other).

Panama City's Multiracial Population

1,870 residents of Panama City, or 5.3% of the population, identify as Multiracial. The share of Multiracial residents in Panama City is comparable to the share in Florida overall, where 3.8% of the population is Multiracial. Panama City ranks 127th statewide in terms of Multiracial residents as a share of the population, out of 956 places.

Since the 2020 Census, Panama City's Multiracial population has grown by an estimated 7.3%. Multiracial residents' share of Panama City's population has remained roughly unchanged at 5.3%.

Panama City is more Multiracial than neighboring Cedar Grove (2.9% Multiracial), and Parker (1.2% Multiracial). Panama City is less Multiracial than neighboring Springfield (6.9% Multiracial), Lynn Haven (7.2% Multiracial), and Callaway (6.6% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.