Best Places to Live in Panama City Metro Area, Florida

The Panama City, FL metropolitan area is an exciting region located in the northern part of the Florida Panhandle. It’s known for its stunning white-sand beaches, breathtaking natural beauty, and plethora of outdoor recreation opportunities. The city offers a range of activities for visitors and residents alike, from shopping and dining to museums and amusement parks. This area also provides several educational institutions for those looking to pursue higher education or gain employment skills. The cost of living in this region is lower than many other urban areas in Florida, making it an attractive option for those who want to enjoy all that the Sunshine State has to offer without breaking the bank. The combination of leisure activities, unique attractions and affordable living make Panama City an ideal destination for families or individuals seeking a relaxed yet thrilling lifestyle. Beach town/Military town - Florida Panhandle on the Gulf Coast.

Highlights

ECONOMY

The unemployment rate in Panama City Metro Area is 4.5% (U.S. avg. is 6.0%). Recent job growth is Positive. Panama City Metro Area jobs have increased by 2.0%. More Economy

COST OF LIVING

Compared to the rest of the country, Panama City Metro Area's cost of living is 5.3% lower than the U.S. average. More Cost of Living or Compare Panama City Metro Area's Cost of Living

WEATHER & CLIMATE

October, April and November are the most pleasant months in the Panama City metro area, while July and August are the least comfortable months. Today's Weather | Climate Averages

VOTING

In the last Presidential election, the Panama City metro area remained overwhelmingly Republican, 71.2% to 27.2%. More Voting Stats

POPULATION

Panama City Metro Area's population is 181,384 people. Since 2020, it has had a population growth of 7.4%. Learn More...

TRANSPORTATION

Average Commute time is 22.8 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE

The median home cost in Panama City Metro Area is Real Estate: $347,000. Home appreciation the last 10 years has been 18.6%.

SCHOOLS

Panama City Metro Area public schools spend $8,685 per student. The average school expenditure in the U.S. is $12,383. There are about 14.9 students per teacher in Panama City Metro Area. More Education

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Best Places to Live in Panama City Rankings

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Housing Market in Panama City

It's a good time to buy in Panama City. Home Appreciation is up 18.6% in the last 12 months.
The median home price in Panama City is $347,000.

Real Estate: See Homes

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MAPS OF PANAMA CITY METRO AREA, FLORIDA

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