2026 Compare Cities Overview:
Lake Placid, FL vs Panama City, FL

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Highlights
Are people in Panama City older or younger than people in Lake Placid?
- The Median Age in Panama City is 1.2 years older than in Lake Placid.

Are housing costs cheaper in Panama City or Lake Placid?
- Panama City housing costs are 1.7% more expensive than Lake Placid housing costs.

Which city has a longer commute, Panama City or Lake Placid?
- The average commute for residents of Panama City is 0.0 minutes longer than it is for residents of Lake Placid.

Things to do in Lake Placid?
Living in Lake Placid, FL is like living in a small town paradise. With its diverse landscape of rolling hills, crystal-clear lakes and streams, and its oak-lined streets dotted with beautiful Victorian homes, there is something for everyone to enjoy. The locals are friendly and welcoming, making it easy to live and work here. There are also plenty of recreational activities available, such as boating, fishing, hiking and biking trails, golf courses, and more. The area also hosts many festivals throughout the year featuring music, local food vendors, art exhibits and much more. Whether you are looking for a place to relax or an outdoor adventure, Lake Placid offers the perfect atmosphere for both!

Things to do in Panama City?
Panama City, Florida is situated in Bay County providing visitors leisure areas such as Frank Brown Park while also having employment opportunities at Gulf Coast State College plus entertainment opportunities at Movie Times 10 San Juan Capistrano.

 Lake Placid, FLPanama City, FLUnited States
 Population  Unlock34,521329,725,481
 Median Income$41,610  Unlock$69,021
 Median Age  Unlock39.238.4
 Avg. Home Price$248,500  Unlock$338,100
 Unemployment Rate  Unlock5.3%6.0%
 Avg. Commute Time20.39  Unlock26.38
Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

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Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

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Over 11 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  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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