Panama City, FL (Lower Grand Lagoon)




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Lower Grand Lagoon

NEIGHBORHOOD REPORT
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640 Vital Statistics. 20 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 2 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 1 Alert

Found
Crimes alerts

Crimes


67

Statistics

alerts 2 Alerts

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Schools alerts

Schools


65

Statistics

alerts 4 Alerts

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328

Statistics

alerts 11 Alerts

Found


About Panama City, FL (Lower Grand Lagoon)


Real Estate Prices and Overview

Lower Grand Lagoon median real estate price is $193,063, which is more expensive than 51.1% of the neighborhoods in Florida and 52.1% of the neighborhoods in the U.S.

The average rental price in Lower Grand Lagoon is currently $1,372, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.2% of Florida neighborhoods.

Lower Grand Lagoon is a suburban neighborhood (based on population density) located in Panama City, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Lower Grand Lagoon real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lower Grand Lagoon neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Lower Grand Lagoon. The current real estate vacancy rate here is 72.8%. This is higher than the rate of vacancies in 99.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (45.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Notable & Unique: Real Estate

Lower Grand Lagoon 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, Lower Grand Lagoon 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, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 72.8% of the residential real estate vacant, the Lower Grand Lagoon neighborhood claims the distinction of having a higher vacancy rate than 99.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Notable & Unique: Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Lower Grand Lagoon neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.9% of all American neighborhoods.

Notable & Unique: Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Lower Grand Lagoon neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 75.4% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Notable & Unique: Diversity

Significantly, 2.6% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 96.9% of the neighborhoods in America.

Notable & Unique: People

If you're planning where to retire, the Lower Grand Lagoon 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 87.5% of the neighborhoods in Florida. If you are considering retiring to Florida, this is a good neighborhood to look at.


The Neighbors

The Neighbors: Income

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Lower Grand Lagoon neighborhood in Panama City are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.9% of the neighborhoods in America. With 33.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.8% of U.S. neighborhoods.

The Neighbors: Occupations

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Lower Grand Lagoon neighborhood, 63.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 21.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.4%), and 6.9% in clerical, assistant, and tech support occupations.

The Neighbors: Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Lower Grand Lagoon neighborhood in Panama City, FL, residents most commonly identify their ethnicity or ancestry as German (24.4%). There are also a number of people of Irish ancestry (17.2%), and residents who report English roots (6.8%), and some of the residents are also of French ancestry (3.7%), along with some Cuban ancestry residents (1.4%), among others.

The Neighbors: Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lower Grand Lagoon neighborhood is English, spoken by 94.5% of households. Other important languages spoken here include Korean and Spanish.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Lower Grand Lagoon neighborhood spend under 15 minutes commuting one-way to work (75.4% of working residents), one of the shortest commutes across America.

Here most residents (87.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

Neighborhood Real Estate Data

44 Vital Statistics. 2 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

Average Market Rent:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Panama City, FL (Lower Grand Lagoon) HOMES

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TYPE OF Panama City, FL (Lower Grand Lagoon) HOMES

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SIZE OF Panama City, FL (Lower Grand Lagoon) HOMES

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SIZE OF Panama City, FL (Lower Grand Lagoon) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 1 Condition Alert found.

Lifestyle

 
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Age / Marital Status

 

Age

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Lower Grand Lagoon

 
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Commute to work

 

Average One-way Commute Time

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 2 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
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Rape
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Robbery
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Assault
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100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Lower Grand Lagoon 0.101011101001110
Panama City 0.101011101001110
Florida 4.62
My Chances of Becoming a Victim of a Violent Crime

1 in

in Lower Grand Lagoon

1 in

in Panama City

1 in 217

in Florida
Panama City VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Lower Grand Lagoon 0.101011101001110
Panama City 0.101011101001110
Florida 28.13
My Chances of Becoming a Victim of a Property Crime

1 in

in Lower Grand Lagoon

1 in

in Panama City

1 in 36

in Florida
Panama City Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Lower Grand Lagoon 0.101011101001110
Panama City 0.101011101001110
Florida 64

Neighborhood Public School Data

65 Vital Statistics. 4 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

BAY


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Florida

(10 is best)

Better than of FL school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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