| | Panama City, FL | Fort Walton Beach, FL | United States |
| Population | 34,521 | 20,805 | 329,725,481 |
| Female Population | 52.8% | 48.9% | 50.5% |
| Male Population | 47.2% | 51.1% | 49.5% |
| Median Age | 39.2 | 39.5 | 38.4 |
| space3 | | | |
| Population - 2010 | 34,695 | 19,476 | 309,327,143 |
| Population - 2000 | 36,417 | 19,973 | 285,036,114 |
| Population - 1990 | 34,378 | 21,471 | 251,960,433 |
| Pop. 2000 to Now | -7.4% | 12.1% | 15.6% |
| Pop. 1990 to Now | -1.9% | 4.3% | 30.8% |
| space4 | | | |
| Population Density | 986.3 | 2,728.9 | 93.4 |
| Land Area | 35.0 | 7.6 | 3,531,905.4 |
| Water Area | 6.2 | 0.8 | 264,836.8 |
| space | | | |
| Est. Total Population By Age | | | |
| | Panama City, FL | Fort Walton Beach, FL | United States |
| Age 0 to 4 | 6.9% | 5.7% | 5.9% |
| Age 5 to 9 | 5.8% | 6.8% | 6.1% |
| Age 10 to 14 | 6.5% | 6.7% | 6.6% |
| Age 15 to 17 | 3.1% | 3.3% | 3.9% |
| Age 18 to 20 | 3.0% | 1.9% | 4.0% |
| Age 21 to 24 | 5.0% | 5.3% | 5.2% |
| Age 25 to 34 | 14.9% | 12.8% | 13.8% |
| Age 35 to 44 | 11.6% | 14.6% | 12.9% |
| Age 45 to 54 | 11.7% | 12.3% | 12.6% |
| Age 55 to 59 | 6.0% | 6.4% | 6.7% |
| Age 60 to 64 | 6.7% | 5.9% | 6.3% |
| Age 65 to 74 | 10.5% | 9.3% | 9.6% |
| Age 75 to 84 | 5.8% | 6.6% | 4.5% |
| Age 85 and over | 2.6% | 2.6% | 1.9% |
| space1 | | | |
| Race | | | |
| | Panama City, FL | Fort Walton Beach, FL | United States |
| White | 62.0% | 66.8% | 59.4% |
| Black | 21.5% | 11.0% | 12.2% |
| Asian | 1.3% | 4.9% | 5.6% |
| Native American | 0.2% | 0.0% | 0.6% |
| Hawaiian, Pacific Islander | 0.2% | 0.0% | 0.2% |
| Other | 1.4% | 0.7% | 0.4% |
| Two or More Races | 5.0% | 4.5% | 3.2% |
| Hispanic | 8.4% | 12.1% | 18.4% |
| space2 | | | |
| Marriage & Family | | | |
| | Panama City, FL | Fort Walton Beach, FL | United States |
| Married Population | 42.7% | 46.9% | 49.8% |
| Currently Married | 40.4% | 44.5% | 48.0% |
| Married but Separated | 2.3% | 2.4% | 1.8% |
| Single Population | 57.3% | 53.1% | 50.2% |
| Never Married | 32.4% | 30.3% | 33.8% |
| Divorced | 15.9% | 15.2% | 10.8% |
| Widowed | 9.0% | 7.7% | 5.6% |
| space5 | | | |
| Household Size | 2.32 | 2.33 | 2.60 |
| Households | 14,667 | 8,775 | 124,010,992 |
| Family Households | 8,359 | 5,098 | 80,755,759 |
| Married couple, w/children | 24.1% | 28.0% | 30.5% |
| Married couple, no children | 38.3% | 40.6% | 42.9% |
| Non Family Households | 6,308 | 3,677 | 43,255,233 |
| Single householder, w/children | 23.8% | 19.8% | 15.8% |
| Single householder, no children | 13.9% | 11.7% | 10.8% |