Surrounding metropolitan area Area
Panama City, Florida is a part of the Panama City, FL metropolitan area area, and contains 11 zip codes, including: 32408, 32417, 32403, 32412, 32406, and 32411.
Panama City Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Panama City, FL metropolitan area area was $1,151, which is 39.68% lower than 2014 average rent. This represents a compounded annual growth rate of 6.91%. 2019 vacancy in Panama City, FL was 3.20%.
The total population of the city of Panama City, FL has grown 1.16% since 2010. As of 2018, the population was 36,908. The median household income of the Panama City was $41,161, which is 31.73% lower than the national average.
- metropolitan area area Panama City, FL
- avg rent $1,151
- rent growth 39.68%
- vacancy 3.20%
- median income $41,161
- population (2018) 36,908
- population growth 1.16%
- vs. nat'l avg 31.73%
- zip codes 32401 32402 32403 32404 32405 32406 32408 32409 32411 32412 32417