2013 Shepherd St, 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:
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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2009 Shepherd St | Single Family | 1,140 | B |
 |
| 2017 Shepherd St | Single Family | 1,669 | B |
|
| 4117 20th Ct W | Single Family | 1,495 | B |
|
| 4115 20th Ct W | Single Family | 1,462 | B |
|
| 4113 20th Ct W | Single Family | 1,475 | B |
|
| 2007 Shepherd St | Single Family | 1,180 | B |
|
| 4121 20th Ct W | Single Family | 1,238 | B |
|
| 2021 Shepherd St | Single Family | 1,393 | B |
|
| 2010 Shepherd St | Single Family | 1,399 | B |
|
| 4123 20th Ct W | Single Family | 1,307 | B |
|
| 2005 Shepherd St | Single Family | 1,180 | B |
|
| 2006 Shepherd St | Single Family | 1,591 | B |
|
| 2014 Shepherd St | Single Family | 1,781 | B |
|
| 4125 20th Ct W | Single Family | 1,307 | B |
|
| 4127 20th Ct W | Single Family | 1,307 | B |
|
| 2002 Shepherd St | Single Family | 1,471 | B |
|
| 2003 Shepherd St | Single Family | 1,212 | B |
|
| 4129 20th Ct W | Single Family | 1,307 | B |
|
| 2018 Shepherd St | Single Family | 1,588 | B |
|
| 4131 20th Ct W | Single Family | 1,307 | B |
|
| 3952 Peters Dr | Single Family | 1,447 | B |
|
| 4114 20th Ct W | Single Family | 1,359 | B |
|
| 4126 20th Ct W | Single Family | 1,342 | B |
|
| 2022 Shepherd St | Single Family | 2,010 | B |
|
| 4133 20th Ct W | Single Family | 1,093 | B |
|
| 2001 Shepherd St | Single Family | 1,596 | B |
|
| 4122 20th Ct W | Single Family | 1,511 | B |
|
| 4118 20th Ct W | Single Family | 1,765 | B |
|
| 3946 Peters Dr | Single Family | 1,756 | B |
|
| 4101 21st St W | Vacant Commercial | 0 | L | |
| 3947 Peters Dr | Government Undefined | 0 | L | |
| 4101 21st St W | Church | 7,872 | B |
|
| 3931 20th Ct W | Single Family | 1,838 | B |
|
| 4115 21st St W | Single Family | 1,275 | B |
|
| 4119 21st St W | Single Family | 1,108 | B |
|
| 2009 Mound Ave | Mobile Home | 820 | C |
|
| 3942 Peters Dr | Single Family | 1,763 | B |
|
| 2011 Mound Ave | Vacant Residential | 0 | L | |
| 3945 Peters Dr | Single Family | 1,429 | B |
|
| 2007 Mound Ave | Vacant Residential | 0 | L | |
| 2013 Mound Ave | Single Family | 1,154 | B |
|
| 4123 21st St W | Single Family | 1,232 | B |
|
| 3927 20th Ct W | Single Family | 1,321 | B |
|
| 1917 Laurel Ave | Single Family | 1,247 | B |
|
| 2017 Mound Ave | Single Family | 1,922 | B |
|
| 3938 Peters Dr | Single Family | 1,648 | B |
|
| Mound & W 20th St Ave | Government Undefined | 0 | L | |
| 4101 21st St W | Church | 15,880 | B |
|
| 1918 Mound Ave | Single Family | 1,250 | 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 37 of all properties in this area. This suggests it would appeal to someone earning around $43,922 per year who should qualify for a mortgage between $87,844 and $109,805.
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 37 of all properties in this area. This corresponds to a rent of $828 per month and a monthly household income of $2,980 ($35,760 per year)
Nearby Companies
4324 W 20th St
4131 W 20th Ct
4126 West 20th Ct
4123 W 21st St