There are 15 assisted living facilities serving Panama City Beach, Florida. This includes 1 facility in Panama City Beach and 14 nearby. Assisted living costs in Florida range from around $28 up to $264 daily, with a median cost running approximately $100. The per month expense averages around $3,000 and ranges between $850 and $7,920. On an annual basis, the average cost is around $36,000, which is below the nationwide average of $42,000.
Costs of assisted living in Panama City Beach can range between $2,500 per month and $4,159 per month. The median cost is about $3,150 per month, or around $37,800 yearly.
SeniorScore™ for Panama City Beach, Florida
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Panama City Beach scores lower than the Florida average of 76.
- Panama City Beach scores higher than the national average of 72.
- There is an average number of Medicare registered physicians within the city limits.
- There is 1 hospital within close range of the city (Gulf Coast Medical Center).
- There are 15 senior living facilities in close proximity to the city, including Provision Living, Carriage Inn, and Bay Center.
- There is a high number of home healthcare providers operating in the city.
- There is a low number of fire stations serving the city.
- The average life expectancy is 79.4, compared to the national average of 78.6.
- There are 91 pharmacies within close range of the city.
- The area has a very high property crime rate.
- The area has a very high violent crime rate.
- The city has an average percentage of seniors in the population (30% of residents).
- There are 19 golf courses in or around the city, including The Bad & The Ugly Course at Hombre Golf Club, Edgewater Beach Resort & Golf Course, and Executive Course at Holiday Golf Club.
- There are 14 parks near the city center, including Emerald Coast Miracle League, Pineglen Motorcoach & RV Park, and Conservation Park.
- There are 34 churches in or near the city, including Woodlawn United Methodist Chr, Faith Christian Family Church, and St Bernadette Catholic Church.
- There are 13 malls / shopping centers within close range of the city.
- There are 57 grocery stores within the city.
- There are 2 movie theatres in or near the city.
- There are 6 gyms or health clubs in or near the city.
- The property taxes average 1.93% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 0.61% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 6.75%, which is lower than the national average of 6.97%.
- Florida has an average state income tax of 0.00%, compared to the national average of 3.38%.
- The city's mean household income is $68,501, which is higher than the national average of $64,580.
- The city's median household income is $53,006, which is higher than the national median of $51,560.
- The city's per capita income is $31,560, which is significantly higher than the national average of $25,611.
- Assisted living costs average $37,800 per year, which are low compared to national figures.
- Nursing home costs average $87,600 per year, which are average compared to national costs.
- Adult daycare costs average $15,600 per year, which are low compared to national numbers.
- Home healthcare costs average $44,616 annually, which are average compared to national costs.
- The unemployment rate is about 7.56%, which is average compared to national averages.
- The overall cost of living is high compared to national averages.
- 1% of the senior population are financially responsible for at least one grandchild.
- Panama City Beach receives very high levels of rainfall each year.
- Panama City Beach has ideal mean temperatures, with very mild winters and very warm summers.
- This city has average air quality.
- Panama City Beach has a sparse population density of 426.8 people per square mile.
- Residents of Panama City Beach have a very short daily commute time.
- The city has a very low public transportation ridership.
- Panama City Beach has an average public school quality ranking.
- The city has a high public school safety rating.
- This city has a high graduation rate of 90.83%.
Panama City Beach is a small city in the State of Florida. It is located within Bay County and is part of the Panama City-Lynn Haven metro statistical area. It has a population of 22,475, with 138,284 residents in the surrounding statistical area. People who are over the age of 55 compose around 30% of the total population.
Panama City Beach has a good SeniorScore™ of 73. The city's average household income is $53,000 ($32,000 per capita), compared to an average of $40,000 for the state of Florida. The average home price in Panama City Beach is $279,000, which is relatively higher than the state average of $208,500. The city also has a moderate unemployment rate of around 7.56%.
Panama City Beach has ideal average temperatures, with very mild winters and very temperate summers. The area gets very heavy amounts of rain annually. In relation to other cities in the US, Panama City Beach has average air quality and a very high crime rate.