Panama City Metro Area, Florida 

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Population

181,384

+7.4% since 2020

Unemployment Rate

4.5%

Median Income

$46,742

Median Home Price

$347,000

Median Age

40

Comfort Index (Climate)

3.3 / 8.1

summer / winter

United States / Florida / Panama City Metro Area / Counties / Cities / Zip Codes

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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.
State: Florida
County: Bay, Gulf, 2 total
Metro Area: Panama City Metro Area
City: Panama City, Lynn Haven, 15 total
Zip Codes: 32404, 32405, 32401, 32444, 32408, 32413, 32409, 32407, 32465, 32456, 14 total
Cost of Living: -5.3% lower
Time zone: Eastern Standard Time (EST)
Elevation: 112 ft above sea level

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Panama City, Fl Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Most Expensive HomesHomes less than 10 yrs old
All Single Family Homes
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.


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



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 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
Panama_City,Florida Metro Area Map
ZIP CODES IN PANAMA CITY METRO AREA, FLORIDA
32404, 32405, 32401, 32444, 32408, 32413, 32409, 32407, 32465, 32456, 14 total

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