Census tract · Bay County
Census Tract 27.03, Bay County, Florida
Census Tract 27.03, GEOID 12005002703, in Bay County, Florida, mostly within Panama City Beach (92% of its census blocks). 3,592 residents in the ACS 2020-2024 5-year estimates (±515); the 2020 Census counted 3,643.
Residents, 2020-2024
3,592
±515 (90% margin)
2020 Census count: 3,643
Median household income
$83,214
±$20,900 (90% margin)
Bay County: $73,533
Median home value
$424,900
±$36,555 (90% margin)
Bay County: $310,500
Median gross rent
$1,826
±$273 (90% margin)
Bay County: $1,484
Where is Census Tract 27.03?
Census Tract 27.03 is one of 50 census tracts in Bay County, Florida. It covers 3.88 square miles of land, 939 residents per square mile in 2020. Its GEOID, 12005002703, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Panama City Beach | 92% |
4 census tracts border Census Tract 27.03: Tract 2.04 ($86,292), Tract 27.09 ($80,753), Tract 27.10 ($76,703) and Tract 27.11 ($72,008). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 27.03?
The 2020-2024 American Community Survey puts Census Tract 27.03's population at 3,592 (±515) in 1,596 households; the 2020 Census counted 3,643 residents and 3,351 housing units.
| Measure | Tract 27.03 | Panama City Beach |
|---|---|---|
| Total population | 3,592 ±515 | 18,971 |
| Households | 1,596 ±226 | 8,713 |
| Average household size | 2.25 ±0.22 | 2.17 |
| Housing units | 3,812 ±288 | 21,204 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 27.03?
The median resident of Census Tract 27.03 is 45.9 years old; 17.5% are under 18 and 21.2% are 65 or older. The largest group is non-Hispanic white residents at 74.5%, then Hispanic or Latino residents (of any race) at 18.9%. 13.8% of residents were born outside the United States.
| Measure | Tract 27.03 | Panama City Beach |
|---|---|---|
| Median age | 45.9 ±4.3 | 45.4 |
| Under 18 years | 17.5% ±4.4 pts | 17.3% |
| 65 years and over | 21.2% ±4.7 pts | 17.8% |
| Hispanic or Latino (any race) | 18.9% ±8.2 pts | 10.1% |
| White alone, not Hispanic | 74.5% ±8.9 pts | 77.1% |
| Black or African American alone, not Hispanic | 1.5% ±1.3 pts | 5.4% |
| Asian alone, not Hispanic | 0.8% ±1.2 pts | 1.8% |
| American Indian and Alaska Native alone, not Hispanic | 1.5% ±1.6 pts | 0.4% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±1.4 pts | 0.0% |
| Two or more races, not Hispanic | 2.8% ±1.6 pts | 4.7% |
| Some other race alone, not Hispanic | 0.0% ±1.4 pts | 0.5% |
| Born outside the United States | 13.8% ±7.5 pts | 10.4% |
| Speak a language other than English at home (age 5+) | 16.0% ±8.0 pts | 10.3% |
| Civilian veterans (age 18+) | 13.6% ±4.4 pts | 11.5% |
| With a disability | 17.8% ±5.0 pts | 16.6% |
| No health insurance coverage | 13.2% ±7.8 pts | 14.4% |
| High school graduate or higher (age 25+) | 95.3% ±4.0 pts | 95.5% |
| Bachelor's degree or higher (age 25+) | 41.9% ±7.0 pts | 38.0% |
| Graduate or professional degree (age 25+) | 16.7% ±4.9 pts | 14.5% |
| Lived in the same house a year earlier | 77.6% ±9.1 pts | 78.7% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 27.03 earn?
Half of the 1,596 households in Census Tract 27.03 earn less than $83,214 a year (±$20,900), against $73,533 across Bay County: 11th highest of the county's 48 tracts with a reliable estimate.
| Measure | Tract 27.03 | Panama City Beach |
|---|---|---|
| Median household income | $83,214 ±$20,900 | $80,941 |
| Mean household income | $117,741 ±$13,861 | $112,821 |
| Per capita income | $52,136 ±$7,550 | $52,188 |
| People below the poverty line | 8.9% ±7.4 pts | 10.0% |
| Children under 18 below the poverty line | 19.5% ±19.6 pts | 12.8% |
| Households receiving SNAP | 2.8% ±2.1 pts | 4.5% |
| Households with a computer | 99.1% ±1.2 pts | 98.3% |
| Households with a broadband subscription | 90.2% ±5.6 pts | 94.5% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 27.03?
Owners occupy 77.4% of Census Tract 27.03's occupied homes and renters 22.6%. The median owner-occupied home is valued at $424,900 by its owner (±$36,555). The median renter pays $1,826 a month including utilities, and 49.3% of renters pay 35% or more of their income on rent.
| Measure | Tract 27.03 | Panama City Beach |
|---|---|---|
| Median home value (owner-occupied) | $424,900 ±$36,555 | $441,300 |
| Median gross rent | $1,826 ±$273 | $1,791 |
| Renters paying 35% or more of income on rent | 49.3% ±21.3 pts | 46.8% |
| Median monthly owner costs, with a mortgage | $2,150 ±$156 | $2,186 |
| Owner-occupied homes | 77.4% ±8.6 pts | 59.2% |
| Renter-occupied homes | 22.6% ±8.6 pts | 40.8% |
| Housing units | 3,812 ±288 | 21,204 |
| Single-family detached homes | 34.0% ±5.4 pts | 25.0% |
| Mobile homes | 0.0% ±1.4 pts | 1.4% |
| Built 2020 or later | 6.3% ±3.5 pts | 2.9% |
| Built 2010 to 2019 | 8.6% ±4.1 pts | 12.7% |
| Built 1939 or earlier | 0.3% ±0.5 pts | 0.1% |
| Households with no vehicle | 3.3% ±2.7 pts | 4.5% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 27.03 get to work?
63.4% of Census Tract 27.03's workers drive alone and 19.5% work from home. The average trip to work takes 25.1 minutes. The unemployment rate in 2020-2024 averaged 6.1%.
| Measure | Tract 27.03 | Panama City Beach |
|---|---|---|
| In the labor force (age 16+) | 61.0% ±7.2 pts | 67.4% |
| Unemployment rate | 6.1% ±4.0 pts | 5.0% |
| Drove alone to work | 63.4% ±10.9 pts | 73.0% |
| Carpooled | 12.9% ±9.0 pts | 8.2% |
| Public transportation | 0.7% ±1.1 pts | 0.1% |
| Walked | 2.6% ±2.9 pts | 3.0% |
| Worked from home | 19.5% ±8.6 pts | 13.2% |
| Mean travel time to work | 25.1 min ±4.6 | 20.7 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 27.03 compare with the other tracts in Bay County?
Among Bay County's tracts with a reliable estimate, Census Tract 27.03 ranks as shown below (1 = highest).
| Measure | In Bay County | In Panama City Beach |
|---|---|---|
| Population | 25th of 49 | 3rd of 7 |
| Residents per square mile | 35th of 49 | 5th of 7 |
| Median household income | 11th of 48 | 2nd of 7 |
| Per capita income | 13th of 49 | 4th of 7 |
| Median home value | 8th of 48 | 4th of 7 |
| Median gross rent | 11th of 45 | 5th of 7 |
| Bachelor's degree or higher | 9th of 47 | 2nd of 7 |
| Median age | 18th of 49 | 4th of 7 |
| Owner-occupied share | 18th of 48 | 3rd of 7 |
The tracts next to it on Bay County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 27.07 | 8th | $85,664±$20,285 · within the margin of this tract |
| Tract 26.06 | 9th | $85,655±$9,385 · within the margin of this tract |
| Tract 5 | 10th | $85,618±$15,562 · within the margin of this tract |
| Tract 27.03 | 11th | $83,214±$20,900 |
| Tract 27.08 | 12th | $82,361±$48,981 · within the margin of this tract |
| Tract 27.12 | 13th | $82,292±$9,032 · within the margin of this tract |
| Tract 15.02 | 14th | $82,238±$14,441 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 27.03?
3 of the 18 figures for Census Tract 27.03 on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections