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Panama City City, Florida Housing Analysis

   (County: Bay County)

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Housing Analysis

Everyone needs shelter in rented housing or individually owned homes. Each community, including Panama City City, Florida, is different from the rest based on overall architecture, appearance, occupancy, average housing square footage, average home value, and average home age.





(updated 2010)



Household Type By Tenure
(Panama City City, Florida)

Family households:

Married-couple family:

Owner-occupied housing units : 3,405

Renter-occupied housing units : 1,720

Other family:

Male householder, no wife present:

Owner-occupied housing units : 490

Renter-occupied housing units : 353

Female householder, no husband present:

Owner-occupied housing units : 806

Renter-occupied housing units : 1,532

Nonfamily households:

Owner-occupied housing units : 2,273

Renter-occupied housing units : 3,810


(updated 2013)



Mortgage Status By Age of Householder
(Panama City City, Florida)

Housing units with a mortgage:

Householder 15 to 34 years : 415

Householder 35 to 44 years : 668

Householder 45 to 54 years : 1,154

Householder 55 to 59 years : 406

Householder 60 to 64 years : 446

Householder 65 to 74 years : 621

Householder 75 years and over : 207

Housing units without a mortgage:

Householder 15 to 34 years : 93

Householder 35 to 44 years : 182

Householder 45 to 54 years : 415

Householder 55 to 59 years : 318

Householder 60 to 64 years : 322

Householder 65 to 74 years : 862

Householder 75 years and over : 865


(updated 2013)



Gross Rent As A Percentage Of Household Income
(Panama City City, Florida)

Less than 10.0 percent : 183

10.0 to 14.9 percent : 303

15.0 to 19.9 percent : 574

20.0 to 24.9 percent : 924

25.0 to 29.9 percent : 878

30.0 to 34.9 percent : 728

35.0 to 39.9 percent : 415

40.0 to 49.9 percent : 877

50.0 percent or more : 1,891

Not computed : 642


(updated 2013)



Median Value By Year Structure Built
(Panama City City, Florida)

Built 2010 or later :

Built 2000 to 2009 : $159,100

Built 1990 to 1999 : $171,700

Built 1980 to 1989 : $185,300

Built 1970 to 1979 : $131,000

Built 1960 to 1969 : $140,100

Built 1950 to 1959 : $110,300

Built 1940 to 1949 : $95,000

Built 1939 or earlier : $102,200


(updated 2013)







Percentage of Family Households in Panama City City, Florida: 58.2%

Percentage of Family Households in Florida: 65.2%


(updated 2010)



Population in Group Quarters in Panama City City, Florida

Institutionalized population


  • Correctional facilities for adults : 68.3%
  • Nursing facilities/Skilled-nursing facilities : 19.88%

Noninstitutionalized population


  • Other noninstitutional facilities : 11.83%


(updated 2010)







Building Permits in Panama City City, Florida

* Units are useful in showing how many separate living spaces
were built. e.g. apartments, townhomes, condos, etc.

    Buildings Units Cost
1999        
  Single Family 690 690 $66,445,379
  Two Family 21 42 $2,838,484
  Three and Four Family 3 12 $626,488
  Five or More Family 16 132 $9,807,980
  Total

730 876 $79,718,331
2000        
  Single Family 617 617 $75,261,468
  Two Family 25 50 $4,312,991
  Three and Four Family 6 22 $1,220,328
  Five or More Family 2 558 $56,200,000
  Total

650 1,247 $136,994,787
2001        
  Single Family 707 707 $91,933,489
  Two Family 45 90 $5,692,048
  Three and Four Family 8 26 $1,182,041
  Five or More Family 3 103 $18,837,713
  Total

763 926 $117,645,291
2002        
  Single Family 854 854 $116,103,812
  Two Family 15 30 $1,743,851
  Three and Four Family 4 14 $1,087,864
  Five or More Family 3 325 $34,642,450
  Total

876 1,223 $153,577,977
2003        
  Single Family 1,077 1,077 $159,652,853
  Two Family 5 10 $539,000
  Three and Four Family 9 27 $1,146,247
  Five or More Family 28 2,316 $231,365,496
  Total

1,119 3,430 $392,703,596
2004        
  Single Family 1,187 1,187 $158,531,774
  Two Family 16 32 $2,289,890
  Three and Four Family 8 24 $1,924,309
  Five or More Family 30 1,950 $274,036,128
  Total

1,241 3,193 $436,782,101
2005        
  Single Family 1,342 1,342 $217,487,032
  Two Family 16 32 $2,768,000
  Three and Four Family 75 278 $33,992,417
  Five or More Family 92 3,486 $482,537,777
  Total

1,525 5,138 $736,785,226
2006        
  Single Family 762 762 $79,391,796
  Two Family 36 72 $3,561,144
  Three and Four Family 33 130 $24,847,391
  Five or More Family 60 1,952 $247,957,795
  Total

891 2,916 $355,758,126


(updated 2007)



Median Household Income In 2000 (Panama City City, FL): $31,572
Median Household Income In 2000 (Florida): $38,819


(updated 2010)



Median House/Condo Value in 2000 (Panama City City): $75,200
Median House/Condo Value in 2000 (Florida): $93,200


(updated 2010)



Median Gross Rent in 2000 (Panama City City): $526
Median Gross Rent in 2000 (Florida): $641


(updated 2010)



Most Commonly Used Heating Fuel in Panama City City, Florida

Utility Gas: 31.8%
Bottled, Tank, Or Lp Gas: 3.0%
Electricity: 63.8%
Fuel Oil, Kerosene, Etc.: 0.6%
Coal Or Coke: 0.1%
Wood: 0.3%
Solar Energy: 0.0%
Other Fuel: 0.2%
No Fuel Used: 0.2%


(updated 2010)





(updated 2010)





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