US ZIP Code
32401

Panama City, FL

Bay County  ·  Florida

● Active
👥 18,394 Population ↓ 16% since 2019
💰 $49,901 Median HH Income
▼ 35% below avg ↑ 27% since 2019
🎂 42.6 Median Age ↑ 7% since 2019
🏠 $207,000 Median Home Value
▼ 26% below avg ↑ 63% since 2019
🎓 31.5% College Grads
▼ 19% below avg
📊 5.2% Unemployment
≈ Avg ↓ 26% since 2019
ZIP Code Details
ZIP Code32401
CityPanama City
StateFlorida (FL)
CountyBay County
Area Code448/850
Elevation5 ft
Latitude30.158374
Longitude-85.637996
TimezoneNew York (DST)
FIPS12005
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.8% (8,976) Female 51.2% (9,418) ♀

Race & Ethnicity

White: 60.3%Hispanic: 11%Black: 23%Asian: 1.7%Other: 3.4%Race
White60.3%
Hispanic11.0%
Black23.0%
Asian1.7%
Other3.4%

Age Breakdown

Under 5
6%
5–17
13%
18–24
7%
25–44
27%
45–64
29%
65+
8%

Key Indicators

Median Age42.6 yrs ↑ 7% since 2019
Avg Household Size2.06
Below Poverty16.1% ▲ 61% above avg
College Grads31.5% ▼ 19% below avg
Unemployment5.2% ≈ Avg
No HS Diploma306 (2.5%)
HS Graduate4,073 (33.2%)
Some College2,014 (16.4%)
Associates2,020 (16.5%)
Bachelors1,199 (9.8%)
Graduate Degree2,662 (21.7%)

Education

No HS: 2.5%HS Grad: 33.2%Some College: 16.4%Associates: 16.5%Bachelors: 9.8%Graduate: 21.7%Edu
No HS2.5%
HS Grad33.2%
Some College16.4%
Associates16.5%
Bachelors9.8%
Graduate21.7%
Housing & Income

Housing Tenure

Owner: 58.9%Renter: 41.1%Tenure
Owner58.9%
Renter41.1%

Home Value Distribution

Under $50k
6%
$50k–100k
15%
$100k–150k
11%
$150k–200k
15%
$200k–300k
27%
$300k–500k
14%
Over $500k
11%

Financials

Median HH Income$49,901 ▼ 35% below avg ↑ 27% since 2019
Median Home Value$207,000 ▼ 26% below avg ↑ 63% since 2019
Home/Income Ratio4.1x (nat avg ~3.5x)
Median Rent$1,194/mo ↑ 35% since 2019
Total Units10,239
Vacant Units1,468
Avg HH Size2.06

Income Distribution

Under $25k
26%
$25k–50k
21%
$50k–75k
23%
$75k–100k
10%
$100k–150k
13%
$150k–200k
2%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
0%
Walked
2%
Work From Home
9%

Commute Time

Under 15 min
38%
15–30 min
37%
30–45 min
15%
Over 45 min
10%
Housing Stock

Year Built

Before 1940
11%
1940s–1950s
15%
1960s–1970s
8%
1980s–1990s
9%
2000+
57%

Summary

Total Units10,239
Vacant1,468
Owner Occupied58.9%
Renter Occupied41.1%
Avg HH Size2.06
Frequently Asked Questions
ZIP code 32401 is in Panama City, FL, in Bay County.
ZIP code 32401 is located in Florida (FL).
ZIP code 32401 is in Bay County, FL.
ZIP 32401 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 32401 is 18,394 people (ACS 2023).
The median household income in ZIP code 32401 is $49,901 (ACS 2023).
The median home value in ZIP 32401 is $207,000 (ACS 2023).
About ZIP Code 32401

ZIP code 32401 is located in Panama City, Florida, within Bay County. With a population of 18,394, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.6 years. Economically, 32401 is a working-class ZIP code: the median household income of $49,901 is below the national average.

Real estate in ZIP code 32401 represents an affordable housing market. The median home value of $207,000 is below the national average. Renters can expect to pay around $1,194 per month in median rent. The area has a relatively balanced mix of owners (58.9%) and renters (41.1%). Median home values have increased by 63% since 2019.

The population of 32401 is majority White (60.26%). Residents are moderately educated — 31.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 16.1%. Household income has grown by 27% since 2019.

The unemployment rate in 32401 stands at 5.2%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 71%.

Overall, ZIP code 32401 in Panama City, FL is characterized as working-class, moderately educated, and a middle-aged community. With 18,394 residents, a median household income of $49,901, and a median home value of $207,000, it offers a clear picture of life in this part of Florida.