| ZIP Code | 32407 |
|---|---|
| City | Panama City Beach |
| State | Florida (FL) |
| County | Bay County |
| Area Code | 448/850 |
| Elevation | 3 ft |
| Latitude | 30.198324 |
|---|---|
| Longitude | -85.790694 |
| Timezone | New York (DST) |
| FIPS | 12005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.7 yrs ↓ 2% since 2019 |
|---|---|
| Avg Household Size | 2.32 |
| Below Poverty | 5.9% ▼ 41% below avg |
| College Grads | 51.2% ▲ 32% above avg |
| Unemployment | 2.9% ▼ 41% below avg |
| No HS Diploma | 54 (0.5%) |
| HS Graduate | 1,740 (16.4%) |
| Some College | 1,498 (14.1%) |
| Associates | 1,885 (17.8%) |
| Bachelors | 1,212 (11.4%) |
| Graduate Degree | 4,215 (39.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,052 ≈ Avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $403,500 ▲ 45% above avg ↑ 82% since 2019 |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $1,792/mo ↑ 31% since 2019 |
| Total Units | 12,163 |
| Vacant Units | 5,550 |
| Avg HH Size | 2.32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 12,163 |
|---|---|
| Vacant | 5,550 |
| Owner Occupied | 61.0% |
| Renter Occupied | 39.0% |
| Avg HH Size | 2.32 |
ZIP code 32407 is located in Panama City Beach, Florida, within Bay County. With a population of 15,459, this is a moderately populated ZIP code with a middle-aged community — the median age is 38.7 years. Economically, 32407 is a middle-income ZIP code: the median household income of $79,052 is near the national average.
Real estate in ZIP code 32407 represents a premium housing market. The median home value of $403,500 is above the national average. Renters can expect to pay around $1,792 per month in median rent. Homeownership is strong here — 61.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 82% since 2019.
The population of 32407 is primarily White (72.64%). Residents are well-educated — 51.2% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 5.9%. Household income has grown by 25% since 2019.
The unemployment rate in 32407 stands at 2.9%, 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 32407 in Panama City Beach, FL is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 15,459 residents, a median household income of $79,052, and a median home value of $403,500, it offers a clear picture of life in this part of Florida.