Panama City, Lynn Haven Metro Area Housing
As of 2010-2014, median price of a house in Panama City, Lynn Haven Area is $155,000, which is about the same as the state average of $156,200 and is lower than the national average of $175,700. The median year that a house in Panama City, Lynn Haven Area was built is 1987, which is newer than the median year for a house built in the state which is 1985 and is newer than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 45,239 Owner Occupied Houses in Panama City, Lynn Haven Area, #260| Panama City, Lynn Haven Area | 155,000 USD |
| Florida | 156,200 USD |
| U.S. | 175,700 USD |
Median House Price Growth Since 2005-2009, see rank
| Panama City, Lynn Haven Area | -12.97% | |
| Florida | 48.06% | |
| U.S. | 46.91% |
*The Panama City, Lynn Haven Area median house price growth rate is since 2005-2009. The Florida and U.S population growth rate is since 2000.
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
| Panama City, Lynn Haven Area | Florida | U.S. | |
| Total Housing Units | 109,023, see rank, 100% | 9,051,851 | 132,741,033 |
| Occupied Housing Units | 72,769, 66.75%, see rank | 79.74% | 87.55% |
| Owner Occupied | 45,239, 41.49%, see rank | 52.73% | 56.34% |
| Renter Occupied | 27,530, 25.25%, see rank | 27.01% | 31.21% |
| Vacant Housing Units | 36,254, 33.25%, see rank | 20.26% | 12.45% |
| For Rent | 9,916, 9.10%, see rank | 2.97% | 2.34% |
| For Sale Only | 1,855, 1.70%, see rank | 1.66% | 1.20% |
| Rented or Sold, Not Occupied | 841, 0.77%, see rank | 1.21% | 0.92% |
| For Seasonal, Recreational, or Occasional Use | 17,839, 16.36%, see rank | 9.84% | 3.97% |
| For Migrant Workers | 29, 0.03%, see rank | 0.04% | 0.03% |
| Other Vacant | 5,774, 5.30%, see rank | 4.54% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #68| Panama City, Lynn Haven Area | Florida | U.S. |
| 1987 | 1985 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
| Panama City, Lynn Haven Area | % | Florida | U.S. | |
| Owner-Occupied Units | 45,239 | 100% | 4,772,944 | 74,787,460 |
| With a Mortgage | 26,589 | 58.77%, see rank | 61.11% | 65.58% |
| Without a Mortgage | 18,650 | 41.23%, see rank | 38.89% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
| Panama City, Lynn Haven Area | 1,377 USD |
| Florida | 1,480 USD |
| U.S. | 1,522 USD |
Owner Costs Distribution
| Monthly Owner Costs | Panama City, Lynn Haven Area | % | Florida | U.S. |
| $299 or Less | 46 | 0.17%, see rank | 0.21% | 0.20% |
| $300 to $499 | 302 | 1.14%, see rank | 1.53% | 1.59% |
| $500 to $699 | 1,291 | 4.86%, see rank | 5.00% | 5.01% |
| $700 to $999 | 4,898 | 18.42%, see rank | 14.91% | 14.32% |
| $1,000 to $1,499 | 8,529 | 32.08%, see rank | 29.50% | 27.90% |
| $1,500 to $1,999 | 5,873 | 22.09%, see rank | 21.21% | 20.35% |
| $2,000 to $2,999 | 4,054 | 15.25%, see rank | 18.45% | 19.52% |
| $3,000 or More | 1,596 | 6.00%, see rank | 9.20% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
| Panama City, Lynn Haven Area | 25.00% of the Total Income |
| Florida | 26.90% of the Total Income |
| U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
| Panama City, Lynn Haven Area | % | Florida | U.S. | |
| 10% or Less | 1,209 | 4.55%, see rank | 4.76% | 5.86% |
| 10% to 20% | 7,945 | 29.88%, see rank | 25.89% | 31.95% |
| 20% to 30% | 7,698 | 28.95%, see rank | 25.92% | 27.64% |
| 30% to 40% | 3,707 | 13.94%, see rank | 14.93% | 13.74% |
| 40% or More | 5,894 | 22.17%, see rank | 27.62% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
| Panama City, Lynn Haven Area | 393 USD |
| Florida | 469 USD |
| U.S. | 457 USD |
Owner Costs Distribution
| Monthly Owner Costs | Panama City, Lynn Haven Area | % | Florida | U.S. |
| $199 or Less | 1,918 | 10.28%, see rank | 9.06% | 7.76% |
| $200 to $299 | 3,766 | 20.19%, see rank | 13.71% | 14.70% |
| $300 to $499 | 7,299 | 39.14%, see rank | 32.19% | 34.63% |
| $500 to $699 | 3,544 | 19.00%, see rank | 22.09% | 21.16% |
| $700 or More | 2,123 | 11.38%, see rank | 22.95% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
| Panama City, Lynn Haven Area | 11.60% of the Total Income |
| Florida | 13.30% of the Total Income |
| U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
| Panama City, Lynn Haven Area | % | Florida | U.S. | |
| 10% or Less | 7,944 | 42.60%, see rank | 36.34% | 40.19% |
| 10% to 20% | 5,879 | 31.52%, see rank | 31.41% | 31.47% |
| 20% to 30% | 2,087 | 11.19%, see rank | 12.98% | 12.24% |
| 30% to 40% | 1,001 | 5.37%, see rank | 6.40% | 5.64% |
| 40% or More | 1,437 | 7.71%, see rank | 10.85% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
| Panama City, Lynn Haven Area | Florida | U.S. | |
| Total Housing Units | 109,023, 100% | 9,051,851 | 132,741,033 |
| 1-unit, Detached | 56,673, 51.98%, see rank | 54.16% | 61.65% |
| 1-unit, Attached | 4,398, 4.03%, see rank | 6.28% | 5.82% |
| 2 Units | 3,022, 2.77%, see rank | 2.17% | 3.75% |
| 3 or 4 Units | 4,760, 4.37%, see rank | 3.85% | 4.43% |
| 5 to 9 Units | 4,841, 4.44%, see rank | 5.03% | 4.78% |
| 10 or More Units | 19,851, 18.21%, see rank | 19.24% | 13.08% |
| Mobile Home, Boat, RV, Van, etc. | 15,478, 14.20%, see rank | 9.28% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
| Panama City, Lynn Haven Area | Florida | U.S. | |
| Total Housing Units | 109,023, 100% | 9,051,851 | 132,741,033 |
| 1 Room | 1,471, 1.35%, see rank | 1.65% | 1.95% |
| 2 Rooms | 2,168, 1.99%, see rank | 2.16% | 2.48% |
| 3 Rooms | 12,512, 11.48%, see rank | 10.38% | 9.13% |
| 4 Rooms | 27,479, 25.20%, see rank | 21.92% | 16.60% |
| 5 Rooms | 26,838, 24.62%, see rank | 23.70% | 20.41% |
| 6 Rooms | 19,300, 17.70%, see rank | 17.82% | 18.06% |
| 7 Rooms | 9,764, 8.96%, see rank | 10.59% | 12.27% |
| 8 Rooms | 5,254, 4.82%, see rank | 6.13% | 8.48% |
| 9 Rooms or More | 4,237, 3.89%, see rank | 5.66% | 10.60% |
| Median Rooms | 4.90, see rank | 5.10 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
| Panama City, Lynn Haven Area | Florida | U.S. | |
| Total Housing Units | 109,023, 100% | 9,051,851 | 132,741,033 |
| No Bedroom | 1,595, 1.46%, see rank | 1.80% | 2.17% |
| 1 Bedroom | 10,715, 9.83%, see rank | 10.62% | 11.16% |
| 2 Bedrooms | 36,096, 33.11%, see rank | 33.79% | 26.69% |
| 3 Bedrooms | 48,186, 44.20%, see rank | 38.45% | 39.70% |
| 4 Bedrooms | 10,908, 10.01%, see rank | 12.90% | 16.05% |
| 5 or More Bedrooms | 1,523, 1.40%, see rank | 2.45% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
| Panama City, Lynn Haven Area | Florida | U.S. | |
| Total Housing Units | 72,769, 100% | 7,217,508 | 116,211,092 |
| Utility Gas | 6,985, 9.60%, see rank | 4.53% | 48.85% |
| Bottled, Tank, or LP Gas | 1,454, 2.00%, see rank | 1.12% | 4.86% |
| Electricity | 63,350, 87.06%, see rank | 92.30% | 36.68% |
| Fuel Oil, Kerosene, etc. | 113, 0.16%, see rank | 0.22% | 5.86% |
| Coal or Coke | 6, 0.01%, see rank | 0.01% | 0.12% |
| Wood | 371, 0.51%, see rank | 0.20% | 2.12% |
| Solar Energy | 31, 0.04%, see rank | 0.03% | 0.05% |
| Other Fuel | 45, 0.06%, see rank | 0.04% | 0.47% |
| No Fuel Used | 414, 0.57%, see rank | 1.56% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
| Monthly Rental | Panama City, Lynn Haven Area | Florida | U.S. |
| Occupied Units Paying Rent | 25,598, 100% | 2,322,949 | 39,201,928 |
| $199 or Less | 206, 0.80%, see rank | 1.03% | 1.50% |
| $200 to $299 | 255, 1.00%, see rank | 1.85% | 3.18% |
| $300 to $499 | 1,320, 5.16%, see rank | 3.93% | 7.37% |
| $500 to $699 | 3,418, 13.35%, see rank | 11.03% | 16.01% |
| $700 to $999 | 10,015, 39.12%, see rank | 32.44% | 29.17% |
| $1,000 to $1,499 | 8,089, 31.60%, see rank | 34.44% | 26.88% |
| $1,500 to $1,999 | 1,633, 6.38%, see rank | 10.35% | 9.79% |
| $2,000 or More | 662, 2.59%, see rank | 4.93% | 6.10% |
| Median | $927, see rank | $998 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
| Panama City, Lynn Haven Area | Florida | U.S. | |
| Occupied Housing Units | 72,769, 100% | 7,217,508 | 116,211,092 |
| No Vehicles Available | 4,466, 6.14%, see rank | 7.09% | 9.12% |
| 1 Vehicles Available | 25,568, 35.14%, see rank | 41.49% | 33.80% |
| 2 Vehicles Available | 30,785, 42.31%, see rank | 37.93% | 37.48% |
| 3 or More Vehicles Available | 11,950, 16.42%, see rank | 13.49% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.