The typical household size in Panama City, FL is 3.16 family members members, with 50.5% owning their very own dwellings. The average home appraisal is $151560. For those people paying rent, they spend on average $945 monthly. 45.5% of households have two incomes, and a median domestic income of $43953. Average income is $24795. 21.6% of inhabitants live at or below the poverty line, and 21.2% are considered disabled. 12.2% of residents are veterans for the US military.
The labor pool participation rate in Panama City is 60.4%, with an unemployment rate of 7.6%. For anyone in the work force, the common commute time is 20.3 minutes. 9.1% of Panama City’s populace have a graduate degree, and 15.2% have a bachelors degree. For everyone without a college degree, 33.4% have at least some college, 32.5% have a high school diploma, and just 9.8% possess an education less than twelfth grade. 16.5% are not covered by health insurance.
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Panama City, FL is situated in Bay county, and includes a populace of 136133, and is part of the more metropolitan region. The median age is 39, with 12.6% for the residents under ten several years of age, 10% between 10-nineteen years of age, 14.7% of town residents in their 20’s, 14% in their thirties, 10.5% in their 40’s, 14% in their 50’s, 11.7% in their 60’s, 7.2% in their 70’s, and 5.3% age 80 or older. 47% of residents are men, 53% women. 36.2% of residents are recorded as married married, with 21.4% divorced and 33.9% never wedded. The % of citizens confirmed as widowed is 8.6%.