Moving to Panama City Beach, Florida? Pros & Cons of Living in Panama City Beach, Florida | Dwellics™
Panama City Beach, Florida
Moving to Panama City Beach

Moving to Panama City Beach, Florida is a big decision

Should you move to Panama City Beach, Florida? Is Panama City Beach, Florida a good place to live? When determining what cities are good for your personality, life situation, and personal preferences, there are many factors to consider including climate, cost of living, community, job opportunities, population makeup, activities, and things to do.

With data on over 50,000 cities in the United States, Dwellics makes it easy to find the best place for you to move based on your personal preferences. This page contains detailed facts and statistics to help you determine if moving to Panama City Beach, Florida is the right decision for you.

Cost of living in Panama City Beach, Florida

Is it expensive to live in Panama City Beach, Florida? When calculating the cost of living in Panama City Beach, Florida we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Panama City Beach, Florida is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida, while median household income in Panama City Beach is $63,912 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida.

Taxes in Panama City Beach, Florida

The sales tax rate in Panama City Beach, Florida is 7%. Last year, the average property taxes paid was 0.7% Panama City Beach, Florida.

The state of Florida is one of the states with no state income taxes.

Housing costs in Panama City Beach, Florida

In Panama City Beach, Florida, 62.4% of the population owns their homes, while approximately 37.6% rent. The average cost of a single-family home in Panama City Beach, Florida in 2021 is $316,167 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida. The average one-bedroom apartment cost is approximately $1,047 per month.

Rental SizeMonthly CostCompared to Florida
1 Bedroom$1,047moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,220moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,700highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$2,000moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest

Climate in Panama City Beach, Florida

What is the climate like in Panama City Beach, Florida? There are many important factors that may affect your personal climate preferences including average temperature and humidity, annual rainfall and snow, number of cloudy days, wind speeds, and more.

Climate comfort in Panama City Beach, Florida

In a typical year, Panama City Beach, Florida temperatures fall below 50F° for 29 days per year. Annual precipitation in Panama City Beach is typically 63.6 inches per year (the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the US) and snow covers the ground 0 days per year or 0% of the year (the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the US). It may be helpful to understand the yearly precipitation by imagining 13 straight days of moderate rain per year. The humidity in Panama City Beach, Florida is below 60% for approximately 51.2 days or 14% of the year.

Number of days per year in each temperature range
Fahrenheit

Climate Mood comfort

Sunrise and sunset times vary by region in the United States. The duration of each day and the amount of sunlight can affect people's moods in a significant way. In Panama City Beach, Florida, the shortest day starts at 07:01 a.m. and ends at 04:42 p.m. and lasts for 10 hours 11 minutes. The longest day starts at 05:41 a.m. and ends at 07:49 p.m. and lasts for 14 hours 05 minutes.

Is Panama City Beach, Florida a safe place to live?

Dwellics analytics team assigned the score 68.6 to Panama City Beach, Florida (with 100 being the best). This score helps find the safest places to live in America. When determining if Panama City Beach, Florida is a safe place to live, we analyze factors including air quality, water quality, crime rates, natural disaster frequency, substance abuse rates, cancer instances, and more.

Crime rates in Panama City Beach, Florida

In Panama City Beach, Florida, violent crime rates are considered to be the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States according to our research. Arson crimes are lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest and property crimes, including vandalism rank the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest.

Environmental Hazards Panama City Beach, Florida

In Panama City Beach, Florida, cancer instances are considered to be highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States according to our research. Substance abuse in Panama City Beach, Florida is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States according to our research.

Natural Disasters in Panama City Beach, Florida

Natural Disaster CategoryProbability
EarthquakesEarthquakes in Panama City Beach are unlikely
HurricanesHurricanes in Panama City Beach are possible
Severe StormsSevere Storms in Panama City Beach are possible
TornadosTornados in Panama City Beach are possible
VolcanosVolcanic in Panama City Beach are unlikely
WildfiresWildfires in Panama City Beach are moderate

Smoking Laws in Panama City Beach, Florida

Smoking is prohibited inside restaurants in Panama City Beach. Smoking inside of workplaces in Panama City Beach is prohibited. The use of e-cigarettes is banned. In Panama City Beach, Florida medical marijuana use, but not recreational, is legal.

Air & Water Quality in Panama City Beach, Florida

Panama City Beach, Florida has good air quality 85% of the time or 310 days per year. The water quality index calculated by Dwellics team in Panama City Beach is 100 out of 100 (100 being the best) based on the number of acute health-based violations for every water utility in the last 5 years.

Does Panama City Beach, Florida have good schools?

When determining if Panama City Beach, Florida, has good schools, we analyze key factors including math proficiency, reading/language proficiency, students-per-teacher ratio, average teacher salaries, National Blue Ribbon awards, Spelling Bee and STEM/non-STEM national competitions, and more.

SchoolsNational RankingsPrivate School Enrollment
Elementary schools in Panama City BeachScored 55.3Dwellics analytics team assigned the score 55.3 to elementary education in Panama City Beach, Florida (with 100 being the best). on a scale of 0 to 100.25.4%
Middle schools in Panama City BeachScored 58.3Dwellics analytics team assigned the score 58.3 to middle education in Panama City Beach, Florida (with 100 being the best). on a scale of 0 to 100.12.6%
High schools in Panama City BeachScored 46.3Dwellics analytics team assigned the score [r_high] to high education in Panama City Beach, Florida (with 100 being the best). on a scale of 0 to 100.9.5%

Dwellics searched for winners of 69 nationwide competitions for school children in both STEM and non-STEM fields and found 0 winners in Panama City Beach, Florida in the last 5 years.

Elementary Schools in Panama City Beach, Florida

There are 2 public elementary schools in Panama City Beach, Florida. The public elementary schools in Panama City Beach are rated 55.3 (with 100 being the best) in the United States according to our research. Among elementary school students, approximately 25.4% are enrolled at private schools in Panama City Beach.

The average percentage of students proficient in math in Panama City Beach, Florida at the elementary level is 61.8%, and proficient in reading & language arts 57%.

The average salary of an elementary school teacher in Panama City Beach is $42,176 per year. The average number of elementary school students assigned to a teacher’s classroom in Panama City Beach is 15.

Middle Schools in Panama City Beach, Florida

There are 1 public middle schools in Panama City Beach, Florida. The public middle schools in Panama City Beach are rated 58.3 (with 100 being the best) in the United States according to our research. Among middle school students, approximately 12.6% are enrolled at private schools in Panama City Beach.

The average percentage of students proficient in math in Panama City Beach, Florida at the middle schools level is 69%, and proficient in reading & language arts 62%.

The average salary of a middle school teacher in Panama City Beach is $42,176 per year. The average number of middle school students assigned to a teacher’s classroom in Panama City Beach is 19.

High Schools in Panama City Beach, Florida

There are 1 high schools in Panama City Beach, Florida. The public high schools in Panama City Beach are rated 46.3 (with 100 being the best) in the United States according to our research. Among high school students, approximately 9.5% are enrolled at private schools in Panama City Beach.

The average percentage of students proficient in math in Panama City Beach, Florida at the high school level is 47%, and proficient in reading & language arts 55%.

The average salary of a high school teacher in Panama City Beach is $42,176 per year. The average number of high school students assigned to a teacher’s classroom in Panama City Beach is 24.

Infrastructure and Government in Panama City Beach, Florida

Panama City Beach, Florida is a small suburb in a metro area in the Central Time Zone. The wireless internet speeds in Panama City Beach are approximately 77 Mbps, while wired internet connections average a speed of 143 Mbps.

Transportation in Panama City Beach, Florida

The nearest airport to Panama City Beach is 10 miles away. The nearest coastline is 1 miles away. Compared to national averages, traffic on highways and roads in Panama City Beach is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest. The road network is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest.

Community Demographics in Panama City Beach, Florida

In terms of political views, the Panama City Beach population skews Republican. The top religion in Panama City Beach is Protestant. The top age group is 25-44 per census data.

Household Types in Panama City Beach, Florida

Household TypePercentage of Population
Singles in Panama City Beach47.4%
Married Couples in Panama City Beach52.6%

Age Groups of People Living in Panama City Beach, Florida

Age GroupPercentage of Population
18 to 24 year olds6.8%
25 to 44 year olds30.3%
45 to 64 year olds27.7%
65+ year olds18.5%

Race Diversity in Panama City Beach, Florida

The Race Diversity score in Panama City Beach, Florida is 18.Race diversity score ranges from 0 to 100. The more diverse, the higher the score.

Race DiversityPercentage of Population
Latino/Hispanics6%
Whites84.4%
Black or African Americans6.2%
American Indian & Alaska Natives0.3%
Asians3.3%
Native Hawaiians & Other Pacific Islanders0%
Multi4.5%
Other1.3%

The Religion of people living in Panama City Beach, Florida

The primary religious affiliation in Panama City Beach, Florida is Protestant. The Religion Diversity score in Panama City Beach, Florida is 17.7Religion diversity score ranges from 0 to 100. The more diverse, the higher the score..

ReligionPercentage of Population
Protestant34.2%
Catholic4.6%
Orthodox0%
Other / Christian0.1%
Mormon1.3%
Jewish0.1%
Muslim0.8%
Buddhist0.1%
Hindu0%
Other / Non-Christian0.1%

Industry and Occupation in Panama City Beach, Florida

The top industry present in Panama City Beach, Florida is Educational services, health care, and social assistance. 39.4 % of residents work in Management, business, science, and arts occupations, while only 6.5% work in Production, transportation, and material moving occupations. The Industry Diversity score in Panama City Beach, Florida is 62.4.Industry diversity score ranges from 0 to 100. The more diverse, the higher the score.

IndustryPercentage of Population
Agriculture, forestry, fishing and hunting, and mining0.1%
Construction7.3%
Manufacturing3.1%
Wholesale trade1.9%
Retail trade15.6%
Transportation and warehousing, and utilities2%
Information1.5%
Finance and insurance, real estate, and rental and leasing8.6%
Professional, scientific, management, administrative, and waste management services11%
Educational services, health care, and social assistance19.4%
Arts, entertainment, recreation, and accommodation and food services17.3%
Other services, except public administration3.3%
Public administration8.9%

The Occupation Diversity score in Panama City Beach, Florida is 65.9.Occupation diversity score ranges from 0 to 100. The more diverse, the higher the score.

OccupationPercentage of Population
Management, business, science, and arts occupations39.4%
Service occupations19.4%
Sales and office occupations27.9%
Natural resources, construction, and maintenance occupations6.9%
Production, transportation, and material moving occupations6.5%

Average Educational level of people living in Panama City Beach,Florida

68.4% of residents in Panama City Beach, Florida have earned a Bachelor’s degree or higher, compared to the U.S. average of 46.6%. 43.4% of residents in Panama City Beach, Florida hold STEM degrees (STEM = Science, Technology, Engineering, Mathematics). The Educational level Diversity score in Panama City Beach, Florida is 70.6.Educational diversity score ranges from 0 to 100. The more diverse, the higher the score.

Educational levelPercentage of Population
Less than high school graduate7.3%
High school graduate (includes equivalency)24.3%
Some college or associate's degree36.9%
Bachelor's degree22.3%
Graduate or professional degree9.2%