542 Harrison Ave, Panama City
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:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 540 Harrison Ave | Store, one story | 6,105 | B |
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| 550 Harrison Ave | Store, one story | 3,300 | A |
|
| Harrison Ave | Vacant Commercial | 0 | L | |
| 558 Harrison Ave | Office building, non-professional service building, one story | 5,843 | B |
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| 560 Harrison Ave | Office building, non-professional service building, one story | 5,522 | B |
|
| 524 Harrison Ave | Store, one story | 27,978 | B |
|
| Harrison & 6th St | Vacant Residential | 0 | L | |
| 111 5th St E | Utility | 24,432 | A |
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| 508 Harrison Ave | Store, one story | 21,632 | B |
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| 551 Harrison Ave | Store, one story | 31,875 | B |
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| 557 Harrison Ave | Store, one story | 10,836 | B |
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| 535 Harrison Ave | Store, one story | 7,300 | B |
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| 545 Magnolia Ave | Hotel or motel | 10,228 | B |
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| 563 Harrison Ave | Restaurant, cafeteria | 5,000 | B |
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| 565 Harrison Ave | Office building, non-professional service building, one story | 1,850 | B |
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| 525 Harrison Ave | Store, one story | 18,249 | B |
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| 569 Harrison Ave | Office building, non-professional service building, one story | 3,288 | B |
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| 111 5th St E | Utility | 38,604 | B |
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| 500 Harrison Ave | Store, one story | 9,311 | B |
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| 571 Harrison Ave | Store, one story | 3,500 | B |
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| 29 5th St E | Office building, non-professional service building, one story | 2,525 | B |
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| 104 6th St E | Service station | 1,764 | B |
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| 501 Harrison Ave | Financial institution (bank, saving and loan company, mortgage company, credit services) | 63,000 | B |
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| 601 Harrison Ave | Church | 217,406 | A |
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| 600 Harrison Ave | Vacant Commercial | 0 | L | |
| Grace Ave | Vacant Commercial | 0 | L | |
| Grace Ave | Vacant Commercial | 0 | L | |
| Grace Ave | Vacant Commercial | 0 | L | |
| Grace Ave | Vacant Commercial | 0 | L | |
| 534 Magnolia Ave | Vacant Commercial | 0 | L | |
| 534 Magnolia Ave | Vacant Commercial | 0 | L | |
| 534 Magnolia Ave | Vacant Commercial | 0 | L | |
| 532 Magnolia Ave | Vacant Commercial | 0 | L | |
| Magnolia Ave | Vacant Commercial | 0 | L | |
| 5th St E | Hotel or motel | 41,324 | B |
|
| 544 Magnolia Ave | Professional service building | 1,820 | B |
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| 528 Magnolia Ave | Vacant Commercial | 0 | L | |
| 485 Harrison Ave | Store, one story | 8,352 | B |
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| 514 Magnolia Ave | Office building, non-professional service building, one story | 2,220 | B |
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| 602 Harrison Ave | Office building, non-professional service building, one story | 8,376 | B |
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| 200 6th St E | Service station | 2,814 | C |
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| 510 Magnolia Ave | Vacant Commercial | 0 | L |
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.
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%.
Nearby Companies
200 E 6th St
211 E 5th St
514 Magnolia Ave
514 Magnolia Ave
561 Harrison Ave
560 Harrison Ave
537 Harrison Ave
602 Harrison Ave
560 Harrison Ave
560 Harrison Ave
560 Harrison Ave
550 Harrison Ave
508 Harrison Ave
104 E 6th St
571 Harrison Ave
565 Harrison Ave
551 Harrison Ave
535 Harrison Ave
485 Harrison Ave