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Panama City, Florida 15 Reviews | Leave a Comment  Add Favorite




Pros

-Water recreation
-Future job growth
-Attractive beaches

Cons

-Crime rates
-Tourist sprawl
-Isolation


What Bert Has To Say About Panama City-Lynn Haven Metro Area


Panama City is one of the more popular beach cities in the Florida Panhandle. The area has large white-sand beaches, particularly to the northwest in Panama City Beach (a separate city). Panama City Beach is a spring-break destination with a substantial tourist-oriented infrastructure including amusement parks. Its 1950’s-style beach strip appearance reflects its mostly lower-middle class clientele. The beaches themselves and the water are very attractive and create a prime destination for watersports enthusiasts. Nearby ocean currents support abundant marine life, and fishing and diving are popular.


Highlights



Quick Facts About Panama City


    ECONOMY
    The unemployment rate in Panama City is 5.80 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Panama City jobs have Increased by 2.22 percent.
    COST OF LIVING
    Compared to the rest of the country, Panama City's cost of living is 14.00% Lower than the U.S. average.
    POPULATION
    As of 2014, Panama City's population is 36,153 people. Since 2000, it has had a population growth of -1.53 percent.
    TRANSPORTATION
    Average Commute time is 19 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Panama City is $91,900. Home appreciation the last year has been 3.50 percent.
    SCHOOLS
    Panama City public schools spend $9,320 per student. The average school expenditure in the U.S. is $12,435. There are about 16.1 students per teacher in Panama City.

Best Places to Live in Panama City, Florida



Panama City Housing Market


It's a good time to buy in Panama City. Home Appreciation is up 3.5% in the last 12 months. Browse Panama City Real Estate.
The median home price in Panama City is $91,900. Browse Homes in this Range.
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Comments


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re: Lived here for two months, looking to move aga
Lived here in the 80's and it was OK but now been back a month and hate it. Can't believe how much it's gone down. Jobs are hard to find and wages are so very low.... (read more)
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re: Lived here for two months, looking to move aga
I moved to Panama city area, in Nov 1992 from the west Coast ( biggest mistake ever ) bought a business in a crime ridden back water town a few miles outside Panama... (read more)
This was the worst mistake I've made
I moved here from Fort Myers, FL. The cost of living (utilities, food, amenities, and housing) are higher and the pay (on average) is lower. What happens then? This... (read more)
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