Best Independent Living near me in Panama City, Florida

Panama City, Florida, located in Bay County, is a vibrant city situated along St. Andrews Bay in the Florida Panhandle. It lies approximately 10 miles from the popular tourist destination of Panama City Beach and serves as a key hub in the region. Incorporated in 1909, Panama City has a population of around 32,939 as of the 2020 census. The city is accessible via major highways, including U.S. Route 98 and U.S. Route 231, making it easily reachable for visitors and residents alike.

Panama City is renowned for its beautiful coastal scenery and recreational opportunities. The city boasts attractions such as St. Andrews State Park, which offers stunning beaches and outdoor activities like fishing and hiking. Additionally, the area is famous for its vibrant marine life, with Gulf World Marine Park providing entertaining dolphin and sea lion shows. The city's rich history, coupled with its military presence from nearby Tyndall Air Force Base, contributes to its unique character and economic vitality.

Costs of Independent Living in Panama City, FL

The costs of independent living in Panama City, Florida, vary based on the amenities and services provided. On average, monthly fees start around $2,950, which is generally lower than the national average of $2,900. The yearly cost averages approximately $19,800, making it a more affordable option compared to the national average of $23,100. Many communities offer all-inclusive pricing that covers housing, meals, and maintenance, providing flexibility for seniors. Overall, Panama City presents diverse independent living options that cater to different financial needs while ensuring quality living environments and services.

Average Income in Panama City, FL

Panama City, Florida, known for its beautiful beaches and vibrant community, has an average household income of approximately $77,946 and a median household income of $57,221. The economy is bolstered by sectors such as tourism, healthcare, and retail, contributing to its growth. With a population nearing 36,592, the city experiences a poverty rate of 18.65%, highlighting economic disparities. Residents enjoy a moderate commute time averaging 21 minutes, alongside access to recreational activities and cultural events that enhance the quality of life in this coastal city.

Ranking of Panama City among Top Cities in Florida

Panama City, Florida, is often ranked as the 91st largest city in the state based on population, with approximately 36,484 residents as of the last census. While it serves as a significant urban centre between Tallahassee and Pensacola, it does not rank among the top cities in Florida by size or population. However, it is recognized for its role as a principal city in the Panama City–Panama City Beach metropolitan area and offers a unique coastal lifestyle with recreational opportunities along the Emerald Coast, contributing to its appeal as a place to live and visit in Florida.

Top Independent Living Facilities in Panama City, FL

Some of the top independent living facilities in Panama City, FL include:

1. Seagrass Village
2. Brookdale Panama City
3. Mathison Retirement Community
4. Superior Residences

These facilities offer various amenities and services designed to enhance the quality of life for their residents.