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 
760 Jenks Ave Office building, non-professional service building, one story 1,200 B
748 Jenks Ave Office building, non-professional service building, one story 2,605 B
755 Grace Ave Vacant Commercial 0 L
736 Jenks Ave Office building, non-professional service building, one story 4,122 B
800 Jenks Ave Office building, non-professional service building, one story 1,778 B
739 Grace Ave Single Family 2,299 B
755 Jenks Ave Single Family 3,821 B
757 Jenks Ave Single Family 2,991 B
114 8th St W Single Family 1,620 B
747 Jenks Ave Office building, non-professional service building, one story 7,872 B
734 Jenks Ave Office building, non-professional service building, one story 812 B
735 Grace Ave Single Family 1,120 B
814 Jenks Ave Single Family 2,192 B
801 Jenks Ave Office building, non-professional service building, one story 6,220 B
729 Grace Ave Single Family 913 B
730 Jenks Ave Mixed use - store and office or store and residential or residential combination 2,283 B
737 Jenks Ave Office building, non-professional service building, one story 1,544 B
818 Jenks Ave Single Family 933 B
811 Grace Ave Office building, non-professional service building, one story 2,308 C
733 Jenks Ave Office building, non-professional service building, one story 1,304 B
758 Grace Ave Single Family 1,351 B
723 Grace Ave Vacant Residential 0 L
803 Jenks Ave Office building, non-professional service building, one story 7,784 B
740 Grace Ave Church 3,213 B
706 Jenks Ave Office building, non-professional service building, one story 1,024 B
Oak Ave Vacant Residential 0 L
745 Grace Ave Church 3,160 B
824 Jenks Ave Single Family 2,045 B
719 Grace Ave Vacant Residential 0 L
815 Grace Ave Single Family 1,736 B
707 Jenks Ave Office building, non-professional service building, one story 6,885 B
8th St Vacant Commercial 0 L
24 8th St W Office building, non-professional service building, one story 5,966 B
217 8th St W Single Family 1,944 B
734 Grace Ave Single Family 1,422 B
733 1/2 Jenks Ave 1/2 Single Family 888 B
828 Jenks Ave Single Family 1,062 B
208 8th St W Single Family 1,255 B
713 Grace Ave Vacant Residential 0 L
726 Grace Ave A&B Single Family 1,590 B
810 Oak Ave Single Family 960 B
825 Jenks Ave Office building, non-professional service building, one story 2,340 B
819 Grace Ave Single Family 1,096 B
810 Grace Ave Office building, non-professional service building, one story 2,110 B
814 Oak Ave Multi-family - less than 10 units 3,463 B
738 Oak Ave Single Family 3,727 B
722 Grace Ave Single Family 1,730 B
814 Grace Ave Single Family 752 B
705 Jenks Ave Florist or greenhouse 1,419 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.

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

The Nelson Group I, LLC
747 Jenks Ave
Davidson Law Firm, LLC
747 Jenks Ave
803 Jenks, LLC
803 Jenks Ave
Come Out The Rain, Inc.
803 Jenks Ave
Grace In Place, Inc.
803 Jenks Ave
Triax Data, Inc.
803 Jenks Ave
Hob Properties, LLC
803 Jenks Ave
Baylife Christian Counseling, LLC
803 Jenks Avenue Suite 24a
Tri Export And Import LLC
433 Fountainhead Circle Unit 291
John P. Moneyham, P.A.
800 Jenks Ave
Kristen J. Keller, P.A.
754 Jenks Ave
Hoot Crawford, P.A.
748 Jenks Ave
Kuchta Counseling Inc.
814 Grace Ave
Blackacre Holdings, LLC
810 Grace Ave
Mcarthur Law, LLC
810 Grace Ave
Disclaimers and Disclosures

Public Records Data

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