Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Panama City,
the Delwood Beach / Magnolia Beach neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Delwood Beach / Magnolia Beach is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
In addition to being coastal, Delwood Beach / Magnolia Beach is a very nautical neighborhood,
meaning that it is somewhat historic, walkable, densely populated and
on the water. This gives the neighborhood a very nautical feel,
with some seaside and shipping feel, which some may really enjoy the sights
and sounds of.
In addition, despite all of the residential real estate here in the Delwood Beach / Magnolia Beach neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 36.4%, which is higher than 96.5% of all U.S. neighborhoods.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
Delwood Beach / Magnolia Beach neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Delwood Beach / Magnolia Beach community truly stands out from the rest in this regard.
In addition, astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 97.3% of all U.S. neighborhoods. Whether they have
school-aged children or not, married couples are the rule in the
Delwood Beach / Magnolia Beach neighborhood. If you are a married couple, you may find many
people here with a similar lifestyle, and perhaps common interests. But if
you are single, you might not find many other singles here.
Also, if you're planning where to retire, the Delwood Beach / Magnolia Beach neighborhood in
Panama City is a great option to consider. According to NeighborhoodScout's
exclusive retirement dream area analysis, it's peaceful and quiet, has
above average safety ratings compared to other neighborhoods in FL,
offers a wide range of housing options, and has already attracted an
enviable mix of college educated seniors. This neighborhood ranks as better
for retirement living than 88.4% of the neighborhoods
in Florida. If you are considering retiring to Florida, this
is a good neighborhood to look at.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for highly educated executives.
Notable & Unique: Diversity
Did you know that the Delwood Beach / Magnolia Beach neighborhood has more
English and Slovak ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 29.0% of
this neighborhood's residents have English ancestry and 2.6% have Slovak ancestry.