Panama City, Florida 

15 Reviews | Review This Place | Photos and Maps

Population

38,286

11% Growth

Unemployment Rate

5.3%

Median Income

$37,453

Avg. Home Price

$185,700

Best Places to Live in Panama City, Florida

Beach town/Military town - Florida Panhandle on the Gulf Coast
Pros
-Water recreation
-Future job growth
-Attractive beaches
Cons
-Crime rates
-Tourist sprawl
-Isolation

Find your Best Mortgage in Panama City: Fixed Rate, Adjustable Rate, 30 years, 15 years

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: For Sale  For Rent
Country: United States
State: Florida
County: Bay County
Metro Area: Panama City Metro Area
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 5.2%). Recent job growth is Positive. Panama City jobs have increased by 0.77%. Learn More...
COST OF LIVING
Compared to the rest of the country, Panama City's cost of living is 7.00% lower than the U.S. average. Learn More... or Compare Panama City's Cost of Living
POPULATION
Panama City's population is 38,286 people. Since 2000, it has had a population growth of 11.37%. Learn More...
TRANSPORTATION
Average Commute time is 20 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Panama City is $185,700. Home appreciation the last 10 years has been 13.06%. Check out the homes in the area.
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. Learn More...

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 13.1% in the last 12 months. Browse Panama City Real Estate.

The median home price in Panama City is $185,700. Browse Homes in this Range.


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Reviews for Panama City   15 Reviews
This was the worst mistake I've made - 6/12/2014
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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climate - 3/9/2013
hot summers.mild springs,falls and... Read More

Living here - 1/8/2013
I've lived in Panama City/Panama City Beach area since 1988, back in the day in my younger years this was a beautiful place to live and you could make it by with an ok... Read More


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COMPARE CITY TO CITY
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MORTGAGE RATES IN PANAMA CITY
30 Yr Fixed
15 Yr Fixed
7 Yr ARM
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MAPS OF PANAMA CITY, FLORIDA
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Panama_City,Florida Map
ZIP CODES IN PANAMA CITY, FLORIDA
32405 32401
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