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Panama City Mortgage Quotes And Real Estate Information


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Panama City Mortgage and Real Estate Facts

Overview

People in Panama City are spread across 14,797 individual places to live. Owners occupy 58% of the housing units in the city.

Panama City Mortgage

About 61% of owner-occupied housing units in Panama City have a mortgage of one type or another. Approximately 11% of housing units in the city carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Panama City area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Panama City Mortgage Statistics

CategoryValue
Homes With No Mortgage39%
With A Mortgage61%
First Mortgage Only50%
Second Mortgage or Home Equity Loan11%
Second Mortgage Only6%
Home Equity Loan Only5%

Panama City Housing Expenses

CategoryValue
Owner Costs as % of Income17%
Median Real Estate Taxes (2000)$525

Panama City Household Size

CategoryValue
Total Occupied14,797
1-Person Households32%
2-Person Households34%
3-Person Households16%
4-Person Households11%
5-Person Households4%
6-Person Households2%
7+-Person Households1%

Panama City Housing Stock

CategoryValue
Median Year Built1970
Median Year Built (Owner Occupied)1964
Median Year Built (Renter Occupied)1973

Panama City Home Heating

CategoryValue
Using Utility Co. Gas Heat32%
Using Bottled/Tank Gas Heat3%
Using Electric Heat63%
Using Oil Heat1%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Panama City Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom4%
2 Bedrooms21%
3 Bedrooms56%
4 Bedrooms16%
5+ Bedrooms2%
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