| ZIP Code | 32405 |
|---|---|
| City | Panama City |
| State | Florida (FL) |
| County | Bay County |
| Area Code | 448/850 |
| Elevation | 24 ft |
| Latitude | 30.199378 |
|---|---|
| Longitude | -85.668605 |
| Timezone | New York (DST) |
| FIPS | 12005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.5 yrs ↓ 6% since 2019 |
|---|---|
| Avg Household Size | 2.35 |
| Below Poverty | 14.4% ▲ 44% above avg |
| College Grads | 42.4% ▲ 9% above avg |
| Unemployment | 2.6% ▼ 48% below avg |
| No HS Diploma | 316 (1.7%) |
| HS Graduate | 4,640 (24.5%) |
| Some College | 2,486 (13.1%) |
| Associates | 3,481 (18.4%) |
| Bachelors | 2,388 (12.6%) |
| Graduate Degree | 5,636 (29.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,002 ≈ Avg ↑ 40% since 2019 |
|---|---|
| Median Home Value | $255,100 ▼ 8% below avg ↑ 44% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,418/mo ↑ 42% since 2019 |
| Total Units | 13,585 |
| Vacant Units | 1,388 |
| Avg HH Size | 2.35 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 13,585 |
|---|---|
| Vacant | 1,388 |
| Owner Occupied | 59.8% |
| Renter Occupied | 40.2% |
| Avg HH Size | 2.35 |
ZIP code 32405 is located in Panama City, Florida, within Bay County. With a population of 29,336, this is a moderately populated ZIP code with a relatively young community — the median age is 36.5 years. Economically, 32405 is a solidly middle-class ZIP code: the median household income of $71,002 is near the national average.
Real estate in ZIP code 32405 represents a mid-range housing market. The median home value of $255,100 is near the national average. Renters can expect to pay around $1,418 per month in median rent. The area has a relatively balanced mix of owners (59.8%) and renters (40.2%). Median home values have increased by 44% since 2019.
The population of 32405 is majority White (67.34%). Residents are well-educated — 42.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 14.4%. Household income has grown by 40% since 2019.
The unemployment rate in 32405 stands at 2.6%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 32405 in Panama City, FL is characterized as solidly middle-class, well-educated, and a relatively young community. With 29,336 residents, a median household income of $71,002, and a median home value of $255,100, it offers a clear picture of life in this part of Florida.