Panama City, Florida 

19 Reviews | Review This Place | Photos and MapsHomes For Sale

Population

33,734

-0.4% since 2020

Unemployment Rate

5.3%

Median Income

$37,453

Median Home Price

$204,200

Median Age

39.7

Comfort Index (Climate)

3.1 / 8.1

summer / winter

FL Gifts

Best Places to Live in Panama City, Florida

Beach town/Military town - Florida Panhandle on the Gulf Coast. October, April and November are the most pleasant months in Panama City, while July and August are the least comfortable months.

Panama City, FL Housing Market
Lowest Priced HomesHOMES UNDER $250,000
Most Expensive ListingsHOMES $250,001 to $500,000
Largest HomesHOMES $500,001 to $750,000
Median Priced HomesHOMES $750,001 to $1,000,000
Pros
Water recreation
Future job growth
Attractive beaches
Cons
Crime rates
Tourist sprawl
Isolation


What Bert Has To Say About Panama City 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.


QUICK FACTS

Real Estate: See Homes
Country: United States
State: Florida
County: Bay County
Metro Area: Panama City Metro Area
Political Ideology: Moderately conservative
City: Panama City
Zip Codes: 32405 32401
Time zone: Eastern Standard Time (EST)
Elevation: 112 ft above sea level

Highlights

ECONOMY
The unemployment rate in Panama City is 5.3% (U.S. avg. is 6.0%). Recent job growth is Positive. Panama City jobs have increased by 2.0%. More Economy

COST OF LIVING
Compared to the rest of the country, Panama City's cost of living is 7.7% lower than the U.S. average. More Cost of Living or Compare Panama City's Cost of Living

WEATHER & CLIMATE
#WeatherDataText# Today's Weather | Climate Averages

VOTING
In the last Presidential election, Bay county remained overwhelmingly Republican, 70.9% to 27.5%. More Voting Stats

POPULATION
Panama City's population is 33,734 people. Since 2020, it has had a population decline of 0.4%. Learn More...

TRANSPORTATION
Average Commute time is 20.4 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Panama City is Real Estate: $204,200. Home appreciation the last 10 years has been 11.8%.

SCHOOLS
Panama City public schools spend $8,488 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Panama City. More Education



Best Places to Live in Panama City Rankings


Housing Market in Panama City

It's a good time to buy in Panama City. Home Appreciation is up 12.3% in the last 12 months.
The median home price in Panama City is $204,200.

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Reviews for Panama City   19 Reviews
Red Neck City, FL - 7/27/2021
If you love bars, trailers, isolation, and generic shopping while feeling depressed then this is the place for you. Panama City has alot of shallow people, most red... Read More

Start Your Review of Panama City


Better wait until hurricane recovery is complete. - 3/31/2019
This review is from a 24 year resident moved from Michigan. When I first moved, I missed the bigger city things like a university, large library, electronics stores, and... Read More

Beautiful area, but economy and employment lacking - 10/17/2018
I've lived in the Springfield area for just about 4 years, I'm military so I move a lot. Panama City definitely has it's pros and cons. Pros: The beaches. Some of... Read More


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COMPARE COST OF LIVING
Compare Panama City, Florida to any other place in the USA.


MAPS OF PANAMA CITY, FLORIDA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Panama_City,Florida Map
ZIP CODES IN PANAMA CITY, FLORIDA
32405 32401

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