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Panama City-Lynn Haven Metro Area, Florida 0 Reviews | Leave a Comment



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.

Panama City has a modest industrial base and some historic interest. Lynn Haven is a mainly residential community with an interesting history as a planned residential “haven” for elderly Civil War veterans. It was developed by W.H. Lynn, a New York senator, just before World War I. Aside from tourism, the largest employer is the Tyndall Air Force Base. Cost of living and especially housing are reasonable for a Florida beach town, but both are on the rise. High crime rates, isolation from cultural and air service amenities, and tourist impact are the main downsides.

Panama City sits in an area of beaches, coastal dunes, and wet lowland. The interior contains numerous creeks, bays and forested swampland with a rich assortment of live oaks, magnolia, cypress, and pine. Climate is subtropical and mild but subject to occasional northern influences. The Gulf moderates summer heat. Average annual rainfall is high but monthly and yearly totals vary widely. Thunderstorms occur year-round, but most arrive in summer. Tropical storms occasionally affect the area.


Highlights


  • Location: Florida Panhandle on the Gulf Coast
  • Country: United States
  • State: Florida
  • County: Bay
  • Metro Area: Panama City-Lynn Haven Metro Area

Quick Facts About Panama City-Lynn Haven


    ECONOMY
    The unemployment rate in Panama City-Lynn Haven Metro Area is 5.10 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Panama City-Lynn Haven Metro Area jobs have Increased by 2.22 percent.
    COST OF LIVING
    Compared to the rest of the country, Panama City-Lynn Haven Metro Area's cost of living is 1.70% Lower than the U.S. average.
    POPULATION
    As of 2014, Panama City-Lynn Haven Metro Area's population is 168,957 people. Since 2000, it has had a population growth of 16.50 percent.
    TRANSPORTATION
    Average Commute time is 21 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Panama City-Lynn Haven Metro Area is $157,100. Home appreciation the last year has been 3.60 percent.
    SCHOOLS
    Panama City-Lynn Haven Metro Area 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-Lynn Haven Metro Area.

Best Places to Live in Panama City-Lynn Haven, Florida



Panama City-Lynn Haven Housing Market


It's a good time to buy in Panama City-Lynn Haven. Home Appreciataion is up 3.6% in the last 12 months. Browse Panama City-Lynn Haven Real Estate.
The median home price in Panama City-Lynn Haven is $157,100. Browse Homes in this Range.
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