Panama City, FL Housing
As of 2010-2014, median price of a house in Panama City is $133,800, which is lower than the state average of $156,200 and is lower than the national average of $175,700. The Panama City median house value has grown by 76.52% since 2000. The growth rate for the price of a house in Panama City is higher than the state average rate of 48.06% and is higher than the national average rate of 46.91%. The median year that a house in Panama City was built is 1974, which is older than the median year for a house built in the state which is 1985 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 7,256 Owner Occupied Houses in Panama City, FL, #457Panama City, FL | 133,800 USD |
Florida | 156,200 USD |
U.S. | 175,700 USD |
Panama City, FL | 76.52% |
Florida | 48.06% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Panama City, FL | Florida | U.S. | |
Total Housing Units | 17,826, see rank, 100% | 9,051,851 | 132,741,033 |
Occupied Housing Units | 14,781, 82.92%, see rank | 79.74% | 87.55% |
Owner Occupied | 7,256, 40.70%, see rank | 52.73% | 56.34% |
Renter Occupied | 7,525, 42.21%, see rank | 27.01% | 31.21% |
Vacant Housing Units | 3,045, 17.08%, see rank | 20.26% | 12.45% |
For Rent | 1,125, 6.31%, see rank | 2.97% | 2.34% |
For Sale Only | 272, 1.53%, see rank | 1.66% | 1.20% |
Rented or Sold, Not Occupied | 198, 1.11%, see rank | 1.21% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 395, 2.22%, see rank | 9.84% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.04% | 0.03% |
Other Vacant | 1,055, 5.92%, see rank | 4.54% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #711Panama City, FL | Florida | U.S. |
1974 | 1985 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Panama City, FL | % | Florida | U.S. | |
Owner-Occupied Units | 7,256 | 100% | 4,772,944 | 74,787,460 |
With a Mortgage | 4,196 | 57.83%, see rank | 61.11% | 65.58% |
Without a Mortgage | 3,060 | 42.17%, see rank | 38.89% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Panama City, FL | 1,299 USD |
Florida | 1,480 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Panama City, FL | % | Florida | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.21% | 0.20% |
$300 to $499 | 63 | 1.50%, see rank | 1.53% | 1.59% |
$500 to $699 | 226 | 5.39%, see rank | 5.00% | 5.01% |
$700 to $999 | 804 | 19.16%, see rank | 14.91% | 14.32% |
$1,000 to $1,499 | 1,363 | 32.48%, see rank | 29.50% | 27.90% |
$1,500 to $1,999 | 962 | 22.93%, see rank | 21.21% | 20.35% |
$2,000 to $2,999 | 488 | 11.63%, see rank | 18.45% | 19.52% |
$3,000 or More | 290 | 6.91%, see rank | 9.20% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Panama City, FL | 23.60% of the Total Income |
Florida | 26.90% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Panama City, FL | % | Florida | U.S. | |
10% or Less | 187 | 4.46%, see rank | 4.76% | 5.86% |
10% to 20% | 1,405 | 33.48%, see rank | 25.89% | 31.95% |
20% to 30% | 1,102 | 26.26%, see rank | 25.92% | 27.64% |
30% to 40% | 586 | 13.97%, see rank | 14.93% | 13.74% |
40% or More | 880 | 20.97%, see rank | 27.62% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Panama City, FL | 425 USD |
Florida | 469 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Panama City, FL | % | Florida | U.S. |
$199 or Less | 220 | 7.19%, see rank | 9.06% | 7.76% |
$200 to $299 | 609 | 19.90%, see rank | 13.71% | 14.70% |
$300 to $499 | 1,130 | 36.93%, see rank | 32.19% | 34.63% |
$500 to $699 | 668 | 21.83%, see rank | 22.09% | 21.16% |
$700 or More | 433 | 14.15%, see rank | 22.95% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Panama City, FL | 13.60% of the Total Income |
Florida | 13.30% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Panama City, FL | % | Florida | U.S. | |
10% or Less | 1,080 | 35.29%, see rank | 36.34% | 40.19% |
10% to 20% | 1,074 | 35.10%, see rank | 31.41% | 31.47% |
20% to 30% | 404 | 13.20%, see rank | 12.98% | 12.24% |
30% to 40% | 216 | 7.06%, see rank | 6.40% | 5.64% |
40% or More | 279 | 9.12%, see rank | 10.85% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Panama City, FL | Florida | U.S. | |
Total Housing Units | 17,826, 100% | 9,051,851 | 132,741,033 |
1-unit, Detached | 10,521, 59.02%, see rank | 54.16% | 61.65% |
1-unit, Attached | 601, 3.37%, see rank | 6.28% | 5.82% |
2 Units | 778, 4.36%, see rank | 2.17% | 3.75% |
3 or 4 Units | 1,333, 7.48%, see rank | 3.85% | 4.43% |
5 to 9 Units | 1,718, 9.64%, see rank | 5.03% | 4.78% |
10 or More Units | 2,458, 13.79%, see rank | 19.24% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 417, 2.34%, see rank | 9.28% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Panama City, FL | Florida | U.S. | |
Total Housing Units | 17,826, 100% | 9,051,851 | 132,741,033 |
1 Room | 350, 1.96%, see rank | 1.65% | 1.95% |
2 Rooms | 624, 3.50%, see rank | 2.16% | 2.48% |
3 Rooms | 2,010, 11.28%, see rank | 10.38% | 9.13% |
4 Rooms | 4,333, 24.31%, see rank | 21.92% | 16.60% |
5 Rooms | 4,252, 23.85%, see rank | 23.70% | 20.41% |
6 Rooms | 2,698, 15.14%, see rank | 17.82% | 18.06% |
7 Rooms | 1,651, 9.26%, see rank | 10.59% | 12.27% |
8 Rooms | 1,132, 6.35%, see rank | 6.13% | 8.48% |
9 Rooms or More | 776, 4.35%, see rank | 5.66% | 10.60% |
Median Rooms | 4.90, see rank | 5.10 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Panama City, FL | Florida | U.S. | |
Total Housing Units | 17,826, 100% | 9,051,851 | 132,741,033 |
No Bedroom | 410, 2.30%, see rank | 1.80% | 2.17% |
1 Bedroom | 2,598, 14.57%, see rank | 10.62% | 11.16% |
2 Bedrooms | 5,784, 32.45%, see rank | 33.79% | 26.69% |
3 Bedrooms | 7,173, 40.24%, see rank | 38.45% | 39.70% |
4 Bedrooms | 1,653, 9.27%, see rank | 12.90% | 16.05% |
5 or More Bedrooms | 208, 1.17%, see rank | 2.45% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Panama City, FL | Florida | U.S. | |
Total Housing Units | 14,781, 100% | 7,217,508 | 116,211,092 |
Utility Gas | 1,844, 12.48%, see rank | 4.53% | 48.85% |
Bottled, Tank, or LP Gas | 199, 1.35%, see rank | 1.12% | 4.86% |
Electricity | 12,610, 85.31%, see rank | 92.30% | 36.68% |
Fuel Oil, Kerosene, etc. | 5, 0.03%, see rank | 0.22% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.01% | 0.12% |
Wood | 36, 0.24%, see rank | 0.20% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 0, 0.00%, see rank | 0.04% | 0.47% |
No Fuel Used | 87, 0.59%, see rank | 1.56% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Panama City, FL | Florida | U.S. |
Occupied Units Paying Rent | 6,981, 100% | 2,322,949 | 39,201,928 |
$199 or Less | 103, 1.48%, see rank | 1.03% | 1.50% |
$200 to $299 | 216, 3.09%, see rank | 1.85% | 3.18% |
$300 to $499 | 644, 9.23%, see rank | 3.93% | 7.37% |
$500 to $699 | 1,050, 15.04%, see rank | 11.03% | 16.01% |
$700 to $999 | 2,892, 41.43%, see rank | 32.44% | 29.17% |
$1,000 to $1,499 | 1,830, 26.21%, see rank | 34.44% | 26.88% |
$1,500 to $1,999 | 185, 2.65%, see rank | 10.35% | 9.79% |
$2,000 or More | 61, 0.87%, see rank | 4.93% | 6.10% |
Median | $842, see rank | $998 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Panama City, FL | Florida | U.S. | |
Occupied Housing Units | 14,781, 100% | 7,217,508 | 116,211,092 |
No Vehicles Available | 1,809, 12.24%, see rank | 7.09% | 9.12% |
1 Vehicles Available | 5,857, 39.63%, see rank | 41.49% | 33.80% |
2 Vehicles Available | 5,290, 35.79%, see rank | 37.93% | 37.48% |
3 or More Vehicles Available | 1,825, 12.35%, see rank | 13.49% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.