Panama City, FL 32401 has a population of approximately 23,476 and experiences a population change rate of -4.36%. The population density is 2,194.4 / sq mi .
Panama City, FL 32401 has a population of approximately 23,476 and experiences a population change rate of -4.36%. The population density is 2,194.4 / sq mi .
The median household income for Panama City, FL 32401 is $41,484, with 8,804 households and an average household size of 2.14.
The median value of a home in Panama City, FL 32401 is $202,000 with an appreciation rate of 25.00%. 46.60% of housing in the state is owned while 40.43% is rented.
The cost of living in Panama City, FL 32401 is 88.1 %.
The unemployment rate in Panama City, FL 32401 is 2.10%, and recent job growth is at 2.98%. Future job growth is projected at 54.03%.
The sales tax rate in Panama City, FL 32401 is 7.00%, while the income tax rate is 0.00% .
School expenditures in Panama City, FL 32401 are $13,432, and the school ratio is 18.3:1.
The average high temperature in July is 90 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 59.8 inches per year, with 0 inches of snow per year.