Metro area · CBSA 37460
Panama City
The Panama City, FL metro area has 211,922 people. Median rent is $1,456, 24.4% of median household income, and HUD puts the 2-bedroom fair market rent in Bay County at $1,651. Of the 15 places we track here, Laguna Beach has the lightest rent burden.
Median household income
$71,514
Median home value
$294,300
Unemployment
3.9%
2-bedroom fair market rent
$1,651
HUD, Bay County
Places in this metro
Largest first. Rent to income is the median rent as a share of median household income.
| Place | Population | Rent | Rent to income |
|---|---|---|---|
| Panama City | 34,979 | $1,327 | 25.6% |
| Lynn Haven | 20,081 | $1,563 | 23.2% |
| Panama City Beach | 18,971 | $1,791 | 26.6% |
| Upper Grand Lagoon | 17,232 | $1,667 | 24.3% |
| Callaway | 13,496 | $1,322 | 24.2% |
| Springfield | 8,230 | $1,307 | 28.8% |
| Parker | 4,509 | $1,338 | 23.1% |
| Lower Grand Lagoon | 4,287 | $1,323 | 21.4% |
| Laguna Beach | 3,830 | $1,266 | 19.8% |
| Cedar Grove | 3,802 | $1,420 | 22.8% |
| Chipley | 3,683 | $761 | 19.8% |
| Pretty Bayou | 2,906 | $1,749 | 24.6% |
| Mexico Beach | 1,099 | $1,951 | 36.7% |
| Southport | 873 | $1,484 | 24.2% |
| Vernon | 815 | $807 | 22.4% |
Nearby metro areas
Data as of 2026-11-14. How these figures are built.