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Real Estate Prices & Overview

Tyndall Air Force Base / Beacon Beach median real estate price is $203,602, which is less expensive than 88.4% of Florida neighborhoods and 78.4% of all U.S. neighborhoods.

The average rental price in Tyndall Air Force Base / Beacon Beach is currently $2,701, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.0% of Florida neighborhoods.

Tyndall Air Force Base / Beacon Beach is a remote 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).

Tyndall Air Force Base / Beacon Beach real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Tyndall Air Force Base / Beacon Beach neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Tyndall Air Force Base / Beacon Beach. The current real estate vacancy rate here is 40.9%. This is higher than the rate of vacancies in 97.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 3 people per square mile living here, this neighborhood is less crowded than 98.7% of America. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Tyndall Air Force Base / Beacon Beach neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Tyndall Air Force Base / Beacon Beach 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.

In addition, renter-occupied real estate is dominant in the Tyndall Air Force Base / Beacon Beach neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 40.9% of the residential real estate vacant, the Tyndall Air Force Base / Beacon Beach neighborhood claims the distinction of having a higher vacancy rate than 97.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Furthermore, if you love row houses and attached homes, you will probably really like the Tyndall Air Force Base / Beacon Beach neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 41.8% of the residential real estate here is classified as row houses and attached homes.

People

In a nation where 1 out of every 4 children lives in poverty, the Tyndall Air Force Base / Beacon Beach neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Occupations

With 25.1% of employed workers living in the Tyndall Air Force Base / Beacon Beach neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.8% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Tyndall Air Force Base / Beacon Beach neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Tyndall Air Force Base / Beacon Beach neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

More people in Tyndall Air Force Base / Beacon Beach choose to walk to work each day (13.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Diversity

Did you know that the Tyndall Air Force Base / Beacon Beach neighborhood has more Austrian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Austrian ancestry and 3.1% have Canadian ancestry.

Tyndall Air Force Base / Beacon Beach is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Tyndall Air Force Base / Beacon Beach neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Tyndall Air Force Base / Beacon Beach 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 68.7% 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 Tyndall Air Force Base / Beacon Beach neighborhood, 53.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 33.7% of the residents employed. Other residents here are employed in the military (25.1%), and 13.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Tyndall Air Force Base / Beacon Beach neighborhood is English, spoken by 92.7% of households. Other important languages spoken here include German/Yiddish, Polish and Spanish.

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 Tyndall Air Force Base / Beacon Beach neighborhood in Panama City, FL, residents most commonly identify their ethnicity or ancestry as Irish (17.2%). There are also a number of people of German ancestry (15.5%), and residents who report English roots (13.1%), and some of the residents are also of Mexican ancestry (5.6%), along with some Austrian ancestry residents (5.4%), 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 Tyndall Air Force Base / Beacon Beach neighborhood spend under 15 minutes commuting one-way to work (63.9% of working residents), one of the shortest commutes across America.

Here most residents (71.9%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (13.0%) and 7.6% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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