Panama City Beach vs Upper Grand Lagoon

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

Panama City Beach and Upper Grand Lagoon 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 17,162 in Upper Grand Lagoon). Panama City Beach has the higher median household income ($78,921 vs $73,438 in Upper Grand Lagoon). Panama City Beach has the higher median home value ($417,800 vs $351,400 in Upper Grand Lagoon).

Population, income & housing

	Panama City Beach	Upper Grand Lagoon
Population	18,493	17,162
Median age	45.2 yrs	45.8 yrs
Median household income	$78,921	$73,438
Median home value	$417,800	$351,400
Median gross rent	$1,737	$1,570
Housing units	21,078	9,214
Homeownership rate	62.1%	68.7%
Bachelor's degree or higher	36.8%	40.3%
Unemployment rate	2.5%	3.3%

Trends (ACS 5-year, 2019–2023)

	Panama City Beach	Upper Grand Lagoon
Population	12,751 → 18,493 (+45.0%)	17,550 → 17,162 (-2.2%)
Median household income	$63,912 → $78,921 (+23.5%)	$59,698 → $73,438 (+23.0%)
Median home value	$243,300 → $417,800 (+71.7%)	$229,000 → $351,400 (+53.4%)
Median gross rent	$1,268 → $1,737 (+37.0%)	$1,198 → $1,570 (+31.1%)

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

Upper Grand Lagoon

Population

17,55017,162

Median household income

$59,698$73,438

Median home value

$229,000$351,400

Median gross rent

$1,198$1,570

Age & race/ethnicity

Age distribution (share)

	Panama City Beach	Upper Grand Lagoon
Under 5	3.5%	5.1%
5 to 17	13.3%	14.8%
18 to 24	7.4%	4.1%
25 to 34	12.5%	14.2%
35 to 44	13.1%	11.2%
45 to 54	13.9%	12.3%
55 to 64	18.4%	17.2%
65 to 74	11.0%	13.8%
75 and over	7.0%	7.4%

Race & ethnicity (share)

	Panama City Beach	Upper Grand Lagoon
White (non-Hispanic)	77.8%	77.1%
Black or African American	7.1%	4.3%
American Indian & Alaska Native	0.4%	0.2%
Asian	2.0%	2.5%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.4%	1.2%
Two or more races	3.8%	5.3%
Hispanic or Latino	8.6%	9.5%

Educational attainment (age 25+)

Share of adults 25+

	Panama City Beach	Upper Grand Lagoon
No high school diploma	5.5%	2.3%
High school graduate	20.6%	20.8%
Some college or associate's	37.1%	36.6%
Bachelor's degree	21.7%	27.4%
Graduate or professional degree	15.0%	12.9%

Commute to work

How workers get to work (share)

	Panama City Beach	Upper Grand Lagoon
Drove alone	75.8%	78.5%
Carpooled	9.0%	7.6%
Public transit	0.1%	0.8%
Walked	2.6%	0.6%
Bicycle	0.0%	0.6%
Worked from home	10.7%	10.4%
Other means	1.8%	1.6%

Housing

Units in structure (share)

	Panama City Beach	Upper Grand Lagoon
1-unit, detached	25.7%	52.4%
1-unit, attached	3.3%	9.1%
2 to 4 units	3.4%	6.7%
5 to 19 units	13.8%	10.5%
20 or more units	52.0%	11.2%
Mobile home & other	1.8%	10.1%

Poverty & households

	Panama City Beach	Upper Grand Lagoon
Poverty rate	8.2%	8.3%
Average household size	2.17	2.20
Mean commute (minutes)	24	21
Median year structure built	2000	1996