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Real Estate Prices & Overview

Pretty Bayou median real estate price is $331,157, which is more expensive than 33.3% of the neighborhoods in Florida and 42.8% of the neighborhoods in the U.S.

The average rental price in Pretty Bayou is currently $1,653, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.3% of Florida neighborhoods.

Pretty Bayou 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).

Pretty Bayou real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Pretty Bayou neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Pretty Bayou has a 15.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.6% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (9.0%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

Pretty Bayou 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, Pretty Bayou 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.

People

In a nation where 1 out of every 4 children lives in poverty, the Pretty Bayou neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Pretty Bayou neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.1% of its workforce, this neighborhood has a greater concentration of government workers than 98.2% of U.S. neighborhoods.

Modes of Transportation

Our research reveals that 90.2% of commuters who live in the Pretty Bayou neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 97.4% of U.S. neighborhoods.

Diversity

Did you know that the Pretty Bayou neighborhood has more Scottish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.9% of this neighborhood's residents have Scottish ancestry and 23.0% have English ancestry.

The Neighbors

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 Pretty Bayou neighborhood in Panama City are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.8% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Pretty Bayou neighborhood, 53.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (17.1%), and 12.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Pretty Bayou neighborhood is English, spoken by 94.0% of households. Some people also speak Spanish (3.1%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Pretty Bayou neighborhood in Panama City, FL, residents most commonly identify their ethnicity or ancestry as English (23.0%). There are also a number of people of Irish ancestry (12.6%), and residents who report Scottish roots (10.9%), and some of the residents are also of German ancestry (5.2%), along with some Norwegian ancestry residents (4.9%), among others.

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 Pretty Bayou neighborhood spend under 15 minutes commuting one-way to work (45.2% of working residents), one of the shortest commutes across America.

Here most residents (90.2%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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