Bay County Real Estate - Panama City

Panama City is the largest city between Tallahassee and Pensacola and should be distinguished from Panama City Beach, which is an entirely different city. Panama City is a working class, industrial city with a power plant and a paper manufacturer acting as the major employers. Panama City is also home to Tyndall Air Force Base and a US Naval Base. The city acts as a popular fishing and boating location for residents, given its close proximity to the Gulf, but attracts fewer tourists than neighboring areas.

Panama City is in North West Florida. It's population as recorded in the 2010 Census was 36,484. Panama City .

The median age for residents of Panama City is 39.7. Around 27.8% of Panama City households include school aged children and 27.9% of households include individuals aged 65 years or over. Census records indicate 71.6% of the Panama City population are White, 21.9% are Black or African American, .5% American Indian, 1.6% Asian and 2.8% are Two or more Races.

There are 17,438 housing units in Panama City. 2,646 (15.1%) of these were reported as vacant in the 2010 Census. There are 8,233 residential rental units in Panama City. 6,909 of them were occupied in 2010 providing a residential rental vacancy rate of 15.8%.

Panama City links:

Bay County

Bay County is part of the Northwest Florida region, along with Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. The largest industries by employment for Bay County are educational, health and social services; retail trade, and arts, entertainment, recreation, accommodation and food services. Bay County's white sand beaches and clear blue waters attract many visitors year round.

Top private sector employers in Bay County are Bay Medical center, Wal-Mart, Eastern Ship Building, Gulf Coast Medical Center, and Smurfit- Stone Container Corporation. Major public sector employers are Tyndall Air Force Base, Naval Support, Bay District schools, Gulf Coast State College, City of Panama City, Bay County Board, and Bay County Sheriff. Cities and towns in Bay County include Callaway, Lynn Haven, Mexico Beach, Panama City (county seat), Panama City Beach, Parker, and Springfield.

Neighboring Properties

AddressTypeSq FtClass 
6329 Pridgen St Single Family 1,271 B
6327 Pridgen St Single Family 1,269 B
6325 Pridgen St Single Family 1,290 B
6500 Enzor St Single Family 1,520 B
6323 Pridgen St Single Family 1,269 B
6416 Lance St Single Family 1,222 B
6501 Pridgen St Single Family 1,283 B
6412 Lance St Single Family 1,243 B
6321 Pridgen St Single Family 1,517 B
6503 Pridgen St Single Family 1,269 B
6504 Enzor St Single Family 1,546 B
Pridgen St Vacant Residential 0 L
6505 Pridgen St Single Family 1,269 B
6501 Enzor St Single Family 1,185 B
6408 Lance St Single Family 1,515 B
6507 Pridgen St Single Family 1,269 B
6319 Pridgen St Single Family 1,231 B
6330 Pridgen St Single Family 1,211 B
6328 Pridgen St Single Family 1,211 B
6509 Pridgen St Single Family 1,269 B
6326 Pridgen St Single Family 1,233 B
6404 Lance St Single Family 1,301 B
6503 Enzor St Single Family 1,436 B
6508 Enzor St Single Family 1,284 B
6324 Pridgen St Single Family 1,136 B
6317 Pridgen St Single Family 1,257 B
6511 Pridgen St Single Family 1,269 B
6322 Pridgen St Single Family 1,227 B
6500 Pridgen St Single Family 1,245 B
6400 Lance St Single Family 1,460 B
6507 Enzor St Single Family 1,162 B
6315 Pridgen St Single Family 1,251 B
6320 Pridgen St Single Family 1,249 B
6513 Pridgen St Single Family 1,225 B
6502 Lance St Single Family 1,424 B
6504 Pridgen St Single Family 1,189 B
6512 Enzor St Single Family 1,415 B
6318 Pridgen St Single Family 1,086 B
6515 Pridgen St Single Family 1,235 B
6508 Pridgen St Single Family 1,132 B
6313 Pridgen St Single Family 1,257 B
6506 Lance St Single Family 1,211 B
6517 Pridgen St Single Family 1,225 B
6326 Lance St Single Family 1,197 B
6511 Enzor St Single Family 1,302 B
6316 Pridgen St Single Family 1,203 B
6512 Pridgen St Single Family 1,057 B
6519 Pridgen St Single Family 1,225 B
6311 Pridgen St Single Family 1,465 B

Local Household Income

The median household income in this part of Florida is $57,128. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $136,019 per year. The top 1% earn more than $426,588 per year. Most renters earn between $29,172 (20th percentile) and $54,264 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $114,256 and $142,820.

The tax assessed value of this property places it in percentile 18 of all properties in this area. This suggests it would appeal to someone earning around $25,994 per year who should qualify for a mortgage between $51,988 and $64,985.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $937. Most renters earn between $2,431 and $4,522 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $665 (20th percentile) to $1,275 (80th percentile) range. The residential vacancy rate is 18%.

This property falls in percentile 18 of all properties in this area. This corresponds to a rent of $645 per month and a monthly household income of $2,356 ($28,272 per year)

Nearby Companies

Acts Now Foundation Inc
6533 Pridgen St
Jt'S Artistic Design LLC
6516 Enzor St
Disclaimers and Disclosures

Public Records Data

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