| Context | Value |
|---|---|
| Location | Panama City Beach, FL |
| County | Bay County |
| National rank | #9,984 of 14,967 |
| State rank | #624 of 1,145 |
| City rank | Not available |
| County rank | #5 of 5 |
| National percentile | 33.3 |
| National band | MIDDLE_50_PERCENT |
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $476,518 |
| Year-over-year home value change | -1.9% |
| Month-over-month home value change | -0.22% |
| Home value to income ratio | 5.65 |
| Median household income | $84,267 |
| Bachelor's degree or higher | 36.5% |
| Civilian unemployment rate | 2.7% |
| Homeownership rate | 63.6% |
| Housing vacancy rate | 16.4% |
| Rent burden 30% or higher | 60.1% |
Upper Grand Lagoon is ranked No published Panama City Beach rank is currently available; #624 of 1,145 eligible neighborhoods in FL; and #9,984 of 14,967 eligible neighborhoods in the United States.
Upper Grand Lagoon has a Best Neighborhoods USA Index of 43.2 and a city ranking of No published Panama City Beach rank is currently available.
The current Zillow Home Value Index for Upper Grand Lagoon is approximately $476,518.
Zillow neighborhood values changed -1.9% year over year and -0.22% month over month.
Upper Grand Lagoon has a Neighborhood Momentum Score of 24.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
The NDS-derived neighborhood median household income is approximately $84,267.
The current Zillow home-value-to-household-income ratio is 5.65. Price-to-income affordability is a major Value Opportunity input.
The NDS-derived homeownership rate is approximately 63.6%.
The NDS-derived civilian unemployment rate is approximately 2.7%.
Approximately 36.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
Approximately 60.1% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
HMDA Mortgage Intelligence
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.