Panama City Eviction Risk: Lower

Well under the midpoint, state political climate reads 1.5/10. Running cool, eviction-process difficulty reads 1.5/10. 12% are severely burdened past the 50% mark. That cohort absorbs no shock: one repair bill or one cut shift converts straight into arrears.

Average gross rent is $1,102, 17% below the Panama City average. Princeton's Eviction Lab logged 270 filings here across 10 tracked years. The worst year on record was 2017, when 12.5% of renter households were served.

In a typical year about 9.2% of renter households face a filing. On the national scale it lands near the 31st percentile of the 84,120 tracts scored.

On the CDC Social Vulnerability Index the tract reads 7.7/10, which tracks how hard a shock lands on the households already here. Of its three components the socioeconomic standing measure is the most pressured.

52% of renter households spend at least 30% of income on rent. It tracks the Bay County average of 3.8 closely.

Annual rent works out to 22% of average household income of $58,845.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.