This was 2.4 percent higher than the state average of 40.5 percent. In 2020 the total municipality population reached 12,747.
91.5 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Panama Beach for 2020*
Degree | Number of people | Percentage of population |
---|---|---|
No degree | 818 | 8.5 |
Regular high school diploma | 1,840 | 19.2 |
GED or alternative credential | 384 | 4 |
Some college, less than 1 year | 908 | 9.5 |
Some college, 1 or more years, no degree | 1,517 | 15.8 |
Associate's degree | 1,140 | 11.9 |
Bachelor's degree | 1,932 | 20.2 |
Master's degree | 722 | 7.5 |
Professional school degree | 199 | 2.1 |
Doctorate degree | 114 | 1.2 |