| ZIP Code | 32403 |
|---|---|
| City | Panama City |
| State | Florida (FL) |
| County | Bay County |
| Area Code | 448/850 |
| Elevation | 12 ft |
| Latitude | 30.048562 |
|---|---|
| Longitude | -85.553231 |
| Timezone | New York (DST) |
| FIPS | 12005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 21.7 yrs |
|---|---|
| Avg Household Size | 3.07 |
| Below Poverty | 3.2% ▼ 68% below avg |
| College Grads | 47.0% ▲ 21% above avg |
| Unemployment | 0.9% ▼ 82% below avg |
| HS Graduate | 28 (42.4%) |
| Associates | 7 (10.6%) |
| Bachelors | 4 (6.1%) |
| Graduate Degree | 27 (40.9%) |
Education
Housing Tenure
Financials
| Median HH Income | $61,500 ▼ 19% below avg ↓ 4% since 2019 |
|---|---|
| Median Rent | $1,955/mo ↑ 19% since 2019 |
| Total Units | 62 |
| Vacant Units | 34 |
| Avg HH Size | 3.07 |
Income Distribution
How People Get to Work
Commute Time
ZIP code 32403 is located in Panama City, Florida, within Bay County. With a population of 379, this is a sparsely populated ZIP code with a young community — the median age is 21.7 years. Economically, 32403 is a solidly middle-class ZIP code: the median household income of $61,500 is below the national average.
Renters can expect to pay around $1,955 per month in median rent.
The population of 32403 is majority White (59.89%). Residents are well-educated — 47.0% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 3.2%. Household income has declined by 4% since 2019.
The unemployment rate in 32403 stands at 0.9%, which is well below the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 61%.
Overall, ZIP code 32403 in Panama City, FL is characterized as solidly middle-class, well-educated, and a young community.