01 - Taxes
Retirement Tax Treatment
Florida levies no state income tax, meaning Social Security, pension payments, and IRA or 401(k) withdrawals are all free from state-level taxation.
Source · Tax Foundation
79
6
Your
Panama City
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
35952
+
Total Population
$
48185
Median Income
$
169100
Median Home
18
%
Age 65+
Retirement Suitability
How
Panama City
ranks for retirees?
53
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
79
Affordability
51
Healthcare
12
Climate
86
Results
Panama City
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
51
03 - Healthcare
Hospital Access & Quality
The area has
2
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Mild
climate — summers peak near
90
°F, winters dip to about
45
°F, with roughly
″ of snow a year.
Source · NOAA Climate Normals
Mild
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Relatively Moderate
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