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Panama City Beach Florida Real Estate By Jennifer Hershey

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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