Panama City Beach Florida Real Estate
Panama City Beach, Florida, is located in Bay County, 75 miles S of Dothan, Alabama and 249 miles W of Jacksonville, Florida. Panama City Beach has a population of 7,671.
Panama City Beach Homes
Panama City Beach properties pool is 3,645 residential properties including Panama City Beach new homes. Median age of real estate in Panama City Beach is 1987. Average Household size is 2.66 people. 6% are one bedroom homes, 33% are 2 bedroom homes, 49% are 3 bedroom homes, 9% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Panama City Beach Mortgage Statistics
Panama City Beach mortgages vs. USA median statistics
Homes |
Panama City Beach |
USA |
Homes With No Mortgage |
35% |
30% |
Homes With Mortgage |
65% |
70% |
First Mortgage Only |
51% |
54% |
First & Second Mortgage or HELOC |
13% |
16% |
Panama City Beach Area Real Estate Tax
Panama City Beach Real estate Tax: Median Real Estate Taxes (2000) were $799 comparing to 1999 Median Family income $ 49,127. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Panama City Beach School District: Children make up 16.5% of Panama City Beach population. Panama City Beach has 1,263 under 18 years old residents, or 0.34 kids per one worker, or 0.35 kids per one household.
Panama City Beach Real Estate & Panama City Beach Homeownership
There are 1057.05 or 29% one person households, 1713.15 or 47% two person households, and 437.4 or 12% three person households in Panama City Beach, Florida. Median residents age is 44.4, Senior citizens (65+) make up 1,538 or 20%% of Panama City Beach population.
There are 3,707 workers (over 16 years of age) in Panama City Beach. Of these, 90.26% drive to work. Approximately 0% of workers in Panama City Beach take public transportation. An estimated 4.96% walk to work.
Median Panama City Beach homeowner's housing expences are 17.9%
Crime in Panama City Beach (2003), crimes per 10,000 residents per year
Type of Crime |
Panama City Beach |
USA, 2003 |
Violent Crimes |
134.27 |
47.5 |
Robberies |
40.41 |
14.2 |
Aggravated Assaults |
71.7 |
29.5 |
Property Crimes |
1538.26 |
358.8 |
Burglaries |
354.58 |
74.0 |
Larceny-Thefts |
1177.16 |
241.5 |
Motor Vehicle Thefts |
6.52 |
43.3 |
Invest in Panama City Beach Properties
When making a decision about buying real estate in Panama City Beach Florida area, you should consider following statistical data:
Category |
Panama City Beach |
USA |
Near Medium City |
Dothan, Alabama |
- |
Near Large City |
Jacksonville, Florida |
- |
Panama City Beach Zip Codes |
32401, 32407, 32408, 32413 |
- |
Panama City Beach Area Codes |
850 |
- |
White population |
96.21% |
75.1% |
African-American population |
0.87% |
12.3% |
Asian |
0.78% |
3.6% |
American Indian & Alaskan |
0.53% |
0.9% |
Hispanic (of any race) |
2.2% |
12.5% |
Median Family Income (1999) |
$ 49,127% |
$42,000 |
Population Below Poverty Level |
4.94% |
12.4% |
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