Panama City, FL. is located on the panhandle of northwest Florida on beautiful St. Andrews Bay and the Gulf of Mexico. Panama City is known as a popular tourist location year round offering a comfortable climate and friendly atmosphere.
Panama City's attributes provide a highly attractive living environment compatible with a variety of tastes and life styles. Cited most often are: pleasant climate, attractive housing opportunities, fishing and water sports, arts and entertainment, and a pleasing small town environment for raising a family.
The City-owned Marina Civic Center located on the Panama City Marina and nearby Martin Theatre and the Visual Arts Center provide a wide variety of cultural and entertainment opportunities for the citizens of Panama City and the surrounding area. The Panama City-Bay County area also has an abundant supply of fresh water. Panama City's qualitative attributes provide a highly attractive living environment compatible with a variety of tastes and life styles.
Panama City's economic base is sustained by several growing industrial centers, a substantial wholesale-retail trade, and two military installations. The city has a fine public library, parks and playgrounds, civic clubs, two hospitals, a community college and a branch of Florida State University. Panama City offers housing in new subdivisions and in older, well-kept neighborhoods at prices well below the national average.
Housing
Estimated median house or condo value in 2009: $145,775
Mean prices in 2009: All housing units: $210,770; Detached houses: $218,673; Townhouses or other attached units: $164,138; In 2-unit structures: $191,774; In 3-to-4-unit structures: $171,367; In 5-or-more-unit structures: $264,015; Mobile homes: $67,952
Demographics
Population in July 2009: 36,643. Panama City covers 20.5 square miles. It sits at an elevation of 33 feet above sea leve. Area code 850
Weather
Panama City, FL climate is warm during summer when temperatures tend to be in the 70's and cool during winter when temperatures tend to be in the 50's.
The warmest month of the year is July with an average maximum temperature of 89.00 degrees Fahrenheit, while the coldest month of the year is January with an average minimum temperature of 38.70 degrees Fahrenheit.
Temperature variations between night and day tend to be fairly limited during summer with a difference that can reach 18 degrees Fahrenheit, and moderate during winter with an average difference of 24 degrees Fahrenheit.
The annual average precipitation at Panama City is 64.76 Inches. Summer months tend to be wetter than winter months. The wettest month of the year is July with an average rainfall of 8.74 Inches.
Information provided by idcide.com and city data.com
