Panama City, Florida Senior Housing, Adult Care, and Estate Planning Resources

About Panama City, Florida

Panama City, a city located in the state of Florida (FL), is home to a population of approximately 169,810 people. Panama City boasts a median age of 38.5, with around 24.6% of its residents aged 60 or above. 11.1% of the population identifies as US Veterans. 21.2% of Panama City residents are disabled. The city has an average household income of $57,221, while the unemployment rate stands at 5.1%, and around 18.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Panama City is $213,417, with a monthly rent averaging $1,221.