2026 Compare Cities Housing:
Decatur, IL vs Panama City, FL

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Highlights
- The median age of a home in Decatur is 26.2% older than the median age of a home in Panama City.
 Decatur, ILPanama City, FLUnited States
 Median Home Age61  Unlock42
 Median Home Cost  Unlock$252,800$338,100
 Home Appr. Last 12 months11.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock84.5%57.0%
 Home Appr. Last 10 yrs.33.9%  Unlock101.1%
 Property Tax Rate  Unlock$6.9$11.0
 Homes Owned52.5%  Unlock57.4%
 Housing Vacant  Unlock9.9%11.2%
 Homes Rented32.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Decatur, ILPanama City, FLUnited States
 Average Rent  Unlock$1,650$1,840
 Studio Apartment$620  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,050$1,180
 2 Bedroom Home or Apartment$890  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,670$1,860
 4 Bedroom Home or Apartment$1,320  Unlock$2,160
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 Vacant Housing
 Decatur, ILPanama City, FLUnited States
 Vacant For Rent  Unlock1.4%1.9%
 Vacant Rented0.8%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold0.9%  Unlock0.4%
 Vacant Vacation  Unlock1.7%3.6%
 Vacant Other7.9%  Unlock4.1%
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 Owner-Occupied Housing Value
 Decatur, ILPanama City, FLUnited States
 Less Than $20,000  Unlock2.0%2.6%
 $20,000 to $39,99910.3%  Unlock2.4%
 $40,000 to $59,999  Unlock5.3%2.8%
 $60,000 to $79,99916.0%  Unlock3.9%
 $80,000 to $99,999  Unlock8.6%4.5%
 $100,000 to $149,99921.2%  Unlock11.3%
 $150,000 to $199,999  Unlock20.6%13.0%
 $200,000 to $299,9995.2%  Unlock20.1%
 $300,000 to $399,999  Unlock9.4%13.6%
 $400,000 to $499,9990.7%  Unlock8.3%
 $500,000 to $749,999  Unlock2.3%9.7%
 $750,000 to $999,9990.1%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.9%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.5%1.1%
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 Housing Units By Year Built
 Decatur, ILPanama City, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock10.2%13.6%
 2000 to 20093.8%  Unlock13.6%
 1990 to 1999  Unlock13.1%13.6%
 1980 to 19898.0%  Unlock13.2%
 1970 to 1979  Unlock15.1%14.8%
 1960 to 19696.8%  Unlock13.6%
 1950 to 1959  Unlock13.4%10.0%
 1940 to 194910.1%  Unlock4.7%
 1939 or Earlier  Unlock6.7%12.2%
Reviews for Decatur    14 Reviews

I was sent here by the company I worked for in the '90's and was not initially impressed with midwest living. However, over the years I got used to living in the "Pride  More

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I grew up in Decatur and I still have family there, but it depresses me to see what it has become. It has a high unemployment rate, many business have closed or are run  More

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Over 15 years ago

If you enjoy drinking & driving, Decatur's fifteen drive-thru liquor windows, three times the # of drive-thru's than the ten largest cities in Illinois, COMBINED, will  More

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Reviews for Panama City    20 Reviews

Over 4 years ago

I moved here from Akron, OH back in 2007 and was expecting a huge city (similar to Miami), nope, I was wrong. It ended up being more like a backwards redneck town more  More

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Over 5 years ago

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  More

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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  More

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