Panama City Beach vs Springfield

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

Panama City Beach and Springfield 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 8,157 in Springfield). Panama City Beach has the higher median household income ($78,921 vs $51,640 in Springfield). Panama City Beach has the higher median home value ($417,800 vs $177,500 in Springfield).

Population, income & housing

	Panama City Beach	Springfield
Population	18,493	8,157
Median age	45.2 yrs	41.9 yrs
Median household income	$78,921	$51,640
Median home value	$417,800	$177,500
Median gross rent	$1,737	$1,329
Housing units	21,078	3,850
Homeownership rate	62.1%	69.6%
Bachelor's degree or higher	36.8%	11.9%
Unemployment rate	2.5%	0.7%

Trends (ACS 5-year, 2019–2023)

	Panama City Beach	Springfield
Population	12,751 → 18,493 (+45.0%)	9,319 → 8,157 (-12.5%)
Median household income	$63,912 → $78,921 (+23.5%)	$38,841 → $51,640 (+33.0%)
Median home value	$243,300 → $417,800 (+71.7%)	$111,700 → $177,500 (+58.9%)
Median gross rent	$1,268 → $1,737 (+37.0%)	$886 → $1,329 (+50.0%)

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

Springfield

Population

9,3198,157

Median household income

$38,841$51,640

Median home value

$111,700$177,500

Median gross rent

$886$1,329

Age & race/ethnicity

Age distribution (share)

	Panama City Beach	Springfield
Under 5	3.5%	5.2%
5 to 17	13.3%	11.1%
18 to 24	7.4%	10.7%
25 to 34	12.5%	10.3%
35 to 44	13.1%	15.0%
45 to 54	13.9%	13.0%
55 to 64	18.4%	12.1%
65 to 74	11.0%	14.0%
75 and over	7.0%	8.5%

Race & ethnicity (share)

	Panama City Beach	Springfield
White (non-Hispanic)	77.8%	61.1%
Black or African American	7.1%	17.2%
American Indian & Alaska Native	0.4%	0.3%
Asian	2.0%	4.7%
Native Hawaiian & Pacific Islander	0.0%	0.5%
Some other race	0.4%	0.3%
Two or more races	3.8%	7.5%
Hispanic or Latino	8.6%	8.4%

Educational attainment (age 25+)

Share of adults 25+

	Panama City Beach	Springfield
No high school diploma	5.5%	17.1%
High school graduate	20.6%	41.7%
Some college or associate's	37.1%	29.3%
Bachelor's degree	21.7%	7.4%
Graduate or professional degree	15.0%	4.5%

Commute to work

How workers get to work (share)

	Panama City Beach	Springfield
Drove alone	75.8%	72.6%
Carpooled	9.0%	16.9%
Public transit	0.1%	1.3%
Walked	2.6%	0.6%
Bicycle	0.0%	0.8%
Worked from home	10.7%	6.7%
Other means	1.8%	1.1%

Housing

Units in structure (share)

	Panama City Beach	Springfield
1-unit, detached	25.7%	51.9%
1-unit, attached	3.3%	4.3%
2 to 4 units	3.4%	9.8%
5 to 19 units	13.8%	4.6%
20 or more units	52.0%	3.2%
Mobile home & other	1.8%	26.1%

Poverty & households

	Panama City Beach	Springfield
Poverty rate	8.2%	17.2%
Average household size	2.17	2.30
Mean commute (minutes)	24	24
Median year structure built	2000	1984