Laguna Beach vs Panama City Beach

A side-by-side comparison of Laguna Beach and Panama City Beach: population, income, housing, and more.

Laguna Beach and Panama City Beach are places in Florida. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Panama City Beach has the higher population (18,493 vs 4,367 in Laguna Beach). Panama City Beach has the higher median household income ($78,921 vs $75,194 in Laguna Beach). Panama City Beach has the higher median home value ($417,800 vs $391,100 in Laguna Beach).

Population, income & housing

	Laguna Beach	Panama City Beach
Population	4,367	18,493
Median age	56.8 yrs	45.2 yrs
Median household income	$75,194	$78,921
Median home value	$391,100	$417,800
Median gross rent	$1,196	$1,737
Housing units	5,408	21,078
Homeownership rate	72.0%	62.1%
Bachelor's degree or higher	35.2%	36.8%
Unemployment rate	3.4%	2.5%

Trends (ACS 5-year, 2019–2023)

	Laguna Beach	Panama City Beach
Population	4,504 → 4,367 (-3.0%)	12,751 → 18,493 (+45.0%)
Median household income	$58,368 → $75,194 (+28.8%)	$63,912 → $78,921 (+23.5%)
Median home value	$237,000 → $391,100 (+65.0%)	$243,300 → $417,800 (+71.7%)
Median gross rent	$996 → $1,196 (+20.1%)	$1,268 → $1,737 (+37.0%)

Laguna Beach

Population

4,5044,367

Median household income

$58,368$75,194

Median home value

$237,000$391,100

Median gross rent

$996$1,196

Panama City Beach

Population

12,75118,493

Median household income

$63,912$78,921

Median home value

$243,300$417,800

Median gross rent

$1,268$1,737

Age & race/ethnicity

Age distribution (share)

	Laguna Beach	Panama City Beach
Under 5	1.5%	3.5%
5 to 17	6.3%	13.3%
18 to 24	4.5%	7.4%
25 to 34	6.8%	12.5%
35 to 44	14.5%	13.1%
45 to 54	14.1%	13.9%
55 to 64	19.9%	18.4%
65 to 74	21.5%	11.0%
75 and over	10.9%	7.0%

Race & ethnicity (share)

	Laguna Beach	Panama City Beach
White (non-Hispanic)	94.6%	77.8%
Black or African American	0.0%	7.1%
American Indian & Alaska Native	0.1%	0.4%
Asian	0.0%	2.0%
Native Hawaiian & Pacific Islander	0.2%	0.0%
Some other race	0.0%	0.4%
Two or more races	0.7%	3.8%
Hispanic or Latino	4.4%	8.6%

Educational attainment (age 25+)

Share of adults 25+

	Laguna Beach	Panama City Beach
No high school diploma	4.6%	5.5%
High school graduate	25.1%	20.6%
Some college or associate's	35.1%	37.1%
Bachelor's degree	22.1%	21.7%
Graduate or professional degree	13.1%	15.0%

Commute to work

How workers get to work (share)

	Laguna Beach	Panama City Beach
Drove alone	73.1%	75.8%
Carpooled	3.7%	9.0%
Public transit	0.0%	0.1%
Walked	1.5%	2.6%
Bicycle	1.6%	0.0%
Worked from home	16.5%	10.7%
Other means	3.6%	1.8%

Housing

Units in structure (share)

	Laguna Beach	Panama City Beach
1-unit, detached	60.4%	25.7%
1-unit, attached	1.5%	3.3%
2 to 4 units	10.8%	3.4%
5 to 19 units	5.8%	13.8%
20 or more units	10.3%	52.0%
Mobile home & other	11.3%	1.8%

Poverty & households

	Laguna Beach	Panama City Beach
Poverty rate	4.4%	8.2%
Average household size	1.84	2.17
Mean commute (minutes)	18	24
Median year structure built	1987	2000