Become a pro
Contractors
Become a Homeyou ProSupport
Get help
With a quality of life rating of 6/10 and an overall value of 5/10, there are many things to love about Panama City, FL, but there are also a few factors that may not be the best fit for everyone. Most homeowners will be happy in Panama City, but be sure to visit first to make sure it’s the best place for you.
This rating is a weighted average of commute time, crime rate, population, median salary, and more.
6/10
This score adds annual household income and cost of living to the city rating.
5/10
Compared to New York, Panama City has a very low population density. Panama City is perfect for those who like a quiet city.
1,770
Panama City
27,441
New York
Panama City, FL is a great place to live. It has its pros and cons like any city, but with a quality of life rating of 6/10 and an overall value of 5/10, it's no surprise why so many people choose to live here.
Population density is a way of determining how crowded an area is. Panama City has a population density of 1,770, with 36,319 current residents.
Out of the 36,319 current residents, 49% are male and 51% are female. 54% of the residents are married and 46% are single.
As for living in Panama City, the air quality is 65% and the weather, on average, is 65% sunny, 65% rainy, and 0% snowy. The average temperature is 65°F.
Whether you're looking to buy or rent a home in Panama City, you should know that 51.9% of homes are owned while 38.1% of homes are rented, and 10% of homes are vacant. The median price of a home is 122,760, the median age of homes is 37 years, the annual home appreciation is -7.86% and the annual property tax is 7.22%.
When looking at the community of Panama City, it's important to determine the crime rate. Panama City's crime rate is 9 total number of crimes reported per 100,000 total population. The average age of residents in Panama City is 38 years and the breakdown of political affiliations is 29.07% Democratic, 69.66% Republican, and 1.27% Independent.
Student teacher ratio 1:16
When looking at Panama City, it's important to understand employment statistics. 10% of residents are unemployed in Panama City (which does not include the percentage of residents who are no longer in the labor force). Of the employed Panama City residents: 11.1% work in the management and business field, 20.6% are in the customer service field, 27.6% are in the sales field, 8.5% of employed residents work in the construction field, and 10.5% work in production. When it comes to education, the ratio of teachers to students is 1:16. The percentage of residents who have graduated high school is 80%, 8% of residents have an associate's degree, 12% of residents have a bachelor's degree, and 7% have a graduate degree.
If you plan on commuting to work in Panama City, you should be aware that the average commute time is 20 minutes, compared to the national average commute time of 26 minutes. When it comes to commuting, residents of Panama City have a few different options. 80% of commuters use their own cars, 14% of commuters carpool, 1% of commuters use the transit system, and 2% of residents work from home.
Planning a project?Get a free quote from
a local pro
Our pros offer great prices & great service. Find out
the exact price of your home project today!
