| Index | Panama City | Florida | National |
| Average Test Scores | 50% | 55% | 48% |
| Student/Teacher ratio | 15:1 | 17:1 | 16:1 |
| Total public schools | 33 | 3,388 | 79,221 |
| Total private schools | 8 | 1,640 | 24,874 |
| Total post-secondary schools | 4 | 466 | 7,963 |
| Index | Panama City | Florida | National |
| Completed 8th grade | 83.1% | 84.0% | 84.3% |
| Completed high school | 81.7% | 83.0% | 83.0% |
| Completed some college | 56.9% | 58.0% | 59.4% |
| Completed associate degree | 31.8% | 37.4% | 38.5% |
| Completed bachelors | 22.5% | 27.9% | 30.3% |
| Completed masters | 8.0% | 10.0% | 11.5% |
| Completed professional degree | 2.3% | 3.1% | 3.3% |
| Completed doctorate | 0.5% | 1.1% | 1.3% |
There are a total of 33 public schools, 8 private schools and 4 post-secondary schools in Panama City. Using the proficiency score averages, the average test scores for Panama City, FL schools is 50%. The average student to teacher ratio is 15:1. In Panama City, FL, an average of 83.1% of students have completed 8th grade and an average of 81.7% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Tyndall AFB, FL | 2,072 | 70% | 44.8% |
| Panama City Beach, FL | 12,747 | 64% | 32.9% |
| Lynn Haven, FL | 20,910 | 63% | 31.9% |
| Panama City, FL | 35,952 | 50% | 4.6% |
| City | Population | Avg. Test Scores | National Avg. |
| Manchester, CT | 35,946 | 37% | 22.3% |
| San Juan Capistrano, CA | 35,976 | 44% | 8.0% |
| Marion, OH | 36,011 | 50% | 4.3% |
| Franklin, WI | 36,013 | 62% | 29.8% |
| Peachtree City, GA | 35,844 | 75% | 55.7% |
| Panama City, FL | 35,952 | 50% | 4.6% |
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