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$0
State tax rate
$1,627
Median rent
52
Walk score
—
Crime /100K
Financial Overview
What does Panama City actually cost?
Median rent is $1,627/mo in Panama City.
FL has no state income tax — every dollar you earn stays in your pocket.
Your actual purchasing power gain or loss depends on your income, your current state's tax rate, and your housing situation. ZipSage calculates the exact dollar difference for your profile — free.
✓ No state income tax
State income tax
$0 — None
Median rent
$1,627/mo
Median home price
$283,255
Walk Score
52/100 — Walkable
Transit Score
21/100
Avg high temperature
75°F
Sunny days / year
228 days
Humidity
73%
Population
34K
Property tax rate
0.89%
Sales tax rate
7.01%
Your Personalized Report
What do your numbers look like in Panama City?
These figures are calculated from your income, current city, and full profile — not generic estimates. Get yours free in 5 minutes.
Your annual purchasing power vs current city
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Your take-home pay after all taxes in Panama City
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Monthly savings vs your current housing cost
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Your ZipSage match score for Panama City
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Career outlook for your industry in Panama City
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ZipSage verdict — is Panama City right for you?
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Your numbers are personalized
Calculated from your income, current city, and full profile. Free in 5 minutes — no credit card.
Is Panama City Right For You?
Strong fits — and where it may fall short
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No State Income Tax
Every dollar you earn stays in your pocket. No state income tax in FL.
Is Panama City right for your situation?
The data above is the same for everyone. Your personalized match score, purchasing power, and ZipSage verdict are based on your exact income, career, family, and priorities — free in 5 minutes.