Area data
Panama city, FL — ZIP 32404
Population: 42,514 (Census ACS)
Home values & appreciation
- Median home value
- $288,185
- 1-year appreciation
- +0.8%
- 3-year appreciation
- +0.8%
- 5-year appreciation
- +22.1%
- 10-year appreciation
- +72.8%
- All-time peak (2024-04)
- $291,210
- House Price Index
- 542.2 (-2.6% YoY)
Market activity
- Median sale price
- $217,000
- Median list price
- $216,950
- Median days on market
- 91 days
- Sale-to-list ratio
- 98.7%
- Active listings
- 42
- 1-year forecast
- -0.1%
- Days to pending
- 83 days
- New listings (monthly)
- 72
Rents
- Typical rent
- $1,870/mo
- 1-year rent change
- +0.6%
- 1BR fair-market rent
- $1,373/mo
- 3BR fair-market rent
- $2,111/mo
Affordability
- Cost of living index (Above Average)
- 101.0 (100 = US avg)
- Electricity rate (state-level)
- 15.2¢/kWh
- Natural gas rate (state-level)
- $25.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 8
- Elementary schools
- 5
- Middle schools
- 2
- High schools
- 1
- Charter schools
- 3
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- hurricane, lightning, tornado, coastalFlooding, coldWave
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 70.0°F
- Average high
- 77.0°F
- Average low
- 63.0°F
- Annual precipitation
- 69.2 in
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 51
- Days with Good air quality
- 176
Walkability & transit
- Walkability index
- 8.3 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Sandy Creek Airpark (6 mi)
- Nearest major airport
- Tyndall Air Force Base (PAM) (9 mi)
- Hospitals nearby (~15 mi)
- 3
- Avg hospital rating
- 3.0 / 5
- EV charging stations (within 10 mi)
- 48
- Solar radiation rating
- Good (4.9 kWh/m²/day)
Migration
- Net migration
- +1,965 tax filers
Housing stock
- Median year housing built
- 1,993
- Median annual property tax
- $1,446
- Mean commute to work
- 25 min
- Households with broadband internet
- 75.3%
Employment & development
- Total county employment
- 67,345
- Average weekly wage
- $954
- Top industries (by employment)
- Accommodation & Food, Health Care, Construction
- Annual residential building permits (county)
- 205
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →