Local supply and market context for residential assisted living in Panama City.
Updated July 2026
Panama City, FL has 5 licensed assisted living homes (270 beds, averaging 54.0 per home). It sits in Bay County, a strong RAL market scoring 8.4/10, with 13,556 seniors 75+ growing 3.8%.
Licensed homes
5
Panama City
Licensed beds
270
total
Avg home size
54.0 beds
per home
County opportunity
8.4/10
Strong
The Panama City assisted living market
Panama City has 5 licensed assisted living homes totaling 270 beds — an average of 54.0 beds per home, skewing toward larger communities. As part of Bay County, it draws on a 75+ population of 13,556 growing 3.8%, with a senior median income of $59,815. See the full Bay County market or all Florida top markets.
Frequently asked questions
How many assisted living homes are in Panama City, FL?
Panama City has 5 licensed assisted living homes with about 270 total beds.
Is Panama City a good place to open an assisted living home?
Panama City is in Bay County, which scores 8.4/10 (Strong) on RAL Market Scout; its 75+ population is growing 3.8%. Current local supply is 5 homes.
What county is Panama City in?
Panama City is in Bay County, Florida.
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Sources: Home and bed counts from the Florida licensing roster (RAL Market Scout pipeline). County demand, growth, and income from U.S. Census ACS. Snapshot: 2026-07. Informational only — not legal, financial, or investment advice.