Panama City Eviction Risk: Moderate

Average gross rent is $839, 37% below the Panama City average. Well under the midpoint, supply constraint reads 1/10. On the softer side, state political climate reads 1.5/10.

Severe burden reaches 14%. Those are renters paying half their income or more, and that is where non-payment filings originate. The poverty rate is 23%, which in this model reads as reduced rent-recovery odds after a judgment.

Against the Bay County average of 3.8, this tract reads riskier for landlords by 1.0 points. Against Bay County at 54.8%, 60% of renters here are cost-burdened. Nationally it ranks #35,669 of 84,120 for landlord eviction difficulty.

Only 25% of units are renter-occupied. Rental comparables are thin; price a renewal off the nearest genuine rental sub-market rather than off surrounding sale prices. Social vulnerability reads 6.7/10 on the CDC index, a measure of exposure to housing and economic shocks.

Rent consumes only 17% of average household income of $59,634, an unusually wide affordability cushion. Of its three components the housing type and transport measure is the most pressured.

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