Groundwork

Funeral services · Metro area · Florida

Funeral homes in the Panama City-Panama City Beach, FL metro area

Competitor counts, household spending and official business counts for funeral homes in the Panama City-Panama City Beach, FL metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 60 out of 100: Upper middle

Ranked #124 of 377 scored metro areas
#20 of 22 scored metro areas based in Florida

Listings
18
1 chain location (6%)
Official establishments
10
Businesses with payroll, 2023
Household spending a year
$12.2M
On funerals · $139 a household
Spending per listing
$679K
In line with the U.S.
Listings per 10k households
2.0
5% below the U.S.
Population, 2025
231,174
+15.7% since 2020

See the funeral homes around any address in the Panama City-Panama City Beach metro area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Panama City-Panama City Beach metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Households in the Panama City-Panama City Beach metro area spend about $12.2M a year on funerals, or $139 per household, 3% below the U.S. average. That is about $679K of household spending for each home on map listings, in line with the U.S. figure of $679K.

The Panama City-Panama City Beach metro area has 18 funeral homes on map listings as of September 2026. One of them (6%) is a chain location, against 10% across the U.S. Per 10,000 households, that is 2.0, 5% below the U.S. rate of 2.1.

In 2023, official counts showed 10 businesses with payroll in the Panama City-Panama City Beach metro area classed as funeral homes and funeral services. That is one for every 8,807 households, against one for every 8,510 across the U.S.

Population estimates show the Panama City-Panama City Beach metro area grew 15.7% from 2020 to 2025, faster than the U.S. (+3.1%). The Panama City-Panama City Beach metro area scores 60 (upper middle) on the Groundwork market score for funeral homes, ranking #124 of 377 scored metro areas and #20 of 22 scored metro areas based in Florida.

How the Panama City-Panama City Beach metro area compares

The same measures for Florida and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Panama City-Panama City Beach, FL metro area compared with Florida and the U.S.
MeasurePanama City-Panama City Beach metro areaFloridaU.S.
Listings per 10k households2.01.52.1
Spending per listing$679K$1.1M$679K
Households per official establishment8,80713,5708,510
Official establishment growth, 2019–2023n/a−2.4%−1.7%
Population growth, 2020–2025+15.7%+8.7%+3.1%
Spending per household on funerals$139$173$143
Median household income$71,514$74,568$80,734
Groundwork market score6092

Official counts and lending

Businesses

Official establishments, 2019 to 2023
10
Employees, 2023
87
Annual payroll, 2023
$4.3M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
181 chain location
Listings at the U.S. rate for this spending
18The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as funeral homes and funeral services in the Panama City-Panama City Beach metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Panama City-Panama City Beach metro area

Population, 2025 estimate
231,174+15.7% since 2020
Households
88,065
Median age
41.4
Homes lived in by their owners
68%
Vehicles per household
1.8
Land area
1,343 sq. mi.
People per square mile
158
Median household income
$71,514
Average household income
$94,187
Median home value
$294,300
Jobs located here
85,476
Daytime population
211,363Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Panama City-Panama City Beach metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Panama City-Panama City Beach metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across Florida

Every Florida market ranked →

The highest-scoring metro areas in Florida for funeral homes, numbered among those based in Florida, with the Panama City-Panama City Beach metro area marked.

Top metro areas in Florida

Metro areas in Florida ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Wildwood-The Villages, FL9991.3$2.4M+21.1%#1 of 377
2Punta Gorda, FL98111.2$2.1M+15.5%#2 of 377
3Naples-Marco Island, FL97140.8$3M+10.6%#3 of 377
4Cape Coral-Fort Myers, FL97381.2$1.9M+14.4%#4 of 377
5North Port-Bradenton-Sarasota, FL95551.4$1.6M+13.2%#5 of 377
6Palm Bay-Melbourne-Titusville, FL92341.3$1.4M+9.1%#6 of 377
7Sebastian-Vero Beach-West Vero Corridor, FL92131.8$1.4M+7.7%#7 of 377
8Port St. Lucie, FL91341.7$1.3M+16.0%#8 of 377
9Tampa-St. Petersburg-Clearwater, FL871851.4$1.2M+7.3%#14 of 377
10Miami-Fort Lauderdale-West Palm Beach, FL863211.4$1.3M+4.2%#16 of 377
20Panama City-Panama City Beach, FL60182.0$679K+15.7%#124 of 377

Other business types in the Panama City-Panama City Beach metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Panama City-Panama City Beach, FL metro area?

Map listings as of September 2026 show 18 funeral homes in the Panama City-Panama City Beach metro area. One of them (6%) is a chain location. The listings count funeral homes, mortuaries and cremation services. Official counts show 10 businesses with payroll classed as funeral homes and funeral services in 2023.

How much do households in the Panama City-Panama City Beach, FL metro area spend on funerals?

About $12.2M a year, or $139 per household. That is 3% below the U.S. average (an index of 97, where 100 is the U.S. average). Spread across the 18 funeral homes on map listings, it comes to $679K per home. It is estimated from the incomes of the 88,065 households in the Panama City-Panama City Beach metro area and national spending patterns by income.

How does the Panama City-Panama City Beach, FL metro area compare with the U.S. for funeral homes?

The Panama City-Panama City Beach metro area has 2.0 funeral homes per 10,000 households, 5% below the U.S. rate of 2.1. Spending per home is $679K, in line with the U.S. figure of $679K. The count on map listings matches the U.S. ratio of funeral homes to household spending. There is one business with payroll in the industry for every 8,807 households, against one for every 8,510 across the U.S.

How fast is the Panama City-Panama City Beach, FL metro area growing?

Population estimates put the Panama City-Panama City Beach metro area at 231,174 people in 2025, up 15.7% since 2020, faster than the U.S. (+3.1%). It has 88,065 households. The median household income in the Panama City-Panama City Beach metro area is $71,514 a year, 11% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Panama City-Panama City Beach metro area scores 60 for funeral homes (upper middle), #124 of 377 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Panama City-Panama City Beach metro area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Panama City-Panama City Beach metro area

Screening a site or an acquisition in the Panama City-Panama City Beach metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Panama City-Panama City Beach metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.