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Compare Panama City to Lake Magdalene

This post compares Panama City, Florida to Lake Magdalene, Florida across various dimensions, including population, median income, median age, percentage of housing that is rental, percent of households with kids, and other demographics.

Dimension Panama City (city) Lake Magdalene (CDP)
Population 36,661 29,184
Income (median) $35,905 $43,121
Home Value (median) $147,300 $208,800
White 72% 79%
Black 20% 8%
Asian 2% 3%
With Kids 26% 26%
Age (median) 39 43
Rentals 51% 32%

Questions and Answers:

Q: Which is more populated, Panama City or Lake Magdalene?
A: Panama City has a larger population count than Lake Magdalene: 36661 compared with 29184 total people.

Q: Do incomes tend to be higher in Panama City or in Lake Magdalene?
A: Incomes are on average lower in Panama City.

Q: Are homes more expensive in Panama City or Lake Magdalene?
A: Homes tend to be less expensive in Panama City.

Q: Which has a higher percentage of housing rental units?
A: Panama City does. The percentage of rentals differs quite a bit: 51% for Panama City versus 32% for Lake Magdalene.

Somewhat similar in-state cities, towns, and CDPs to Panama City may include: Dania-Beach, Ocala, and DeLand.

The statistics and analyses on this page are based on data from the U.S. Census American Community Survey.

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