Panama City draws in new residents every year, thanks in large part to the city’s many attractive qualities. This Florida city offers plenty of great schools, a diverse community, an affordable cost of living, and fair weather. It is also home to a rich history and many beautiful beaches.
Panama City ranks well in terms of diversity, with a solid combination of young and old residents. Out of the population, residents aged 18-24 make up 8%, 25-34 make up 14%, 35-44 make up 12%, 45-54 make up 13%, 55-64 make up 13%, and 65+ make up 18%. Only 9% obtain a master’s degree or higher, while 15% of the population hold a bachelor’s degree. Some 34% and 33% of the population possess a college/associate degree and a high school diploma, respectively. The median household income sits at $41,161.
In Panama City, much like everywhere else in Florida, homeowners associations are abundant. Potential homeowners favor properties that belong in HOA communities than otherwise, primarily because of the advantages they pose. Living in an HOA community gives you access to a diverse selection of services and amenities. Plus, an HOA board exists to maintain curb appeal and make sure property values remain high.
Panama City HOA management is no joke, though. HOA boards must juggle a sundry of duties and responsibilities, often lacking the time to do so because of the demands of their lives outside of the community. This is where professional HOA management companies come in. With the help of an HOA manager, HOA boards can focus on the growth of the community and making important decisions.
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