Panama City Beach, FL Real Estate
According to census data in the year 2000 there were 8,965 housing units in Panama City Beach.
This represents a 49.1% growth from 6,013 in 1990.
Of those housing units, 8,319 were located in either urbanized areas or urban clusters, and 646 were located in what is classified as a rural area.
Homeownership rate in Panama City Beach is about 74.7%.
Panama City Beach's vacancy rate, including seasonal lodging, is about 59.3%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Panama City Beach were built after 1987.
|Housing Units by Size|
|Five Bedrooms or more||0.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.22|
|Median year structure was built||1987|
|Median Value of occupied units||$117,000|
|Median Price asked for vacant units||$86,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.74|
|Median year structure was built||1984|
|Median Monthly Rent asked for vacant units||$838|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||6.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.9%|