| ZIP Code | 32404 |
|---|---|
| City | Panama City |
| State | Florida (FL) |
| County | Bay County |
| Area Code | 448/850 |
| Elevation | 51 ft |
| Latitude | 30.185025 |
|---|---|
| Longitude | -85.507385 |
| Timezone | New York (DST) |
| FIPS | 12005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.1 yrs |
|---|---|
| Avg Household Size | 2.60 |
| Below Poverty | 9.2% ▼ 8% below avg |
| College Grads | 35.0% ▼ 10% below avg |
| Unemployment | 3.1% ▼ 37% below avg |
| No HS Diploma | 568 (2.1%) |
| HS Graduate | 8,397 (31.2%) |
| Some College | 4,649 (17.3%) |
| Associates | 3,899 (14.5%) |
| Bachelors | 3,425 (12.7%) |
| Graduate Degree | 6,005 (22.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $72,208 ≈ Avg ↑ 35% since 2019 |
|---|---|
| Median Home Value | $239,700 ▼ 14% below avg ↑ 52% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,355/mo ↑ 39% since 2019 |
| Total Units | 18,053 |
| Vacant Units | 2,249 |
| Avg HH Size | 2.60 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 18,053 |
|---|---|
| Vacant | 2,249 |
| Owner Occupied | 72.9% |
| Renter Occupied | 27.1% |
| Avg HH Size | 2.60 |
ZIP code 32404 is located in Panama City, Florida, within Bay County. With a population of 42,117, this is a highly populated ZIP code with a middle-aged community — the median age is 38.1 years. Economically, 32404 is a solidly middle-class ZIP code: the median household income of $72,208 is near the national average.
Real estate in ZIP code 32404 represents an affordable housing market. The median home value of $239,700 is near the national average. Renters can expect to pay around $1,355 per month in median rent. Homeownership is strong here — 72.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 52% since 2019.
The population of 32404 is majority White (68.91%). Residents are moderately educated — 35.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.2%. Household income has grown by 35% since 2019.
The unemployment rate in 32404 stands at 3.1%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 32404 in Panama City, FL is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 42,117 residents, a median household income of $72,208, and a median home value of $239,700, it offers a clear picture of life in this part of Florida.