| ZIP Code | 32409 |
|---|---|
| City | Panama City |
| State | Florida (FL) |
| County | Bay County |
| Area Code | 448/850 |
| Elevation | 50 ft |
| Latitude | 30.34127 |
|---|---|
| Longitude | -85.712606 |
| Timezone | New York (DST) |
| FIPS | 12005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.8 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.72 |
| Below Poverty | 17.9% ▲ 79% above avg |
| College Grads | 35.4% ▼ 9% below avg |
| Unemployment | 5.8% ▲ 19% above avg |
| HS Graduate | 1,985 (28.6%) |
| Some College | 1,348 (19.4%) |
| Associates | 1,155 (16.6%) |
| Bachelors | 665 (9.6%) |
| Graduate Degree | 1,792 (25.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,687 ▼ 20% below avg |
|---|---|
| Median Home Value | $221,500 ▼ 21% below avg ↑ 36% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,097/mo ↑ 60% since 2019 |
| Total Units | 4,525 |
| Vacant Units | 509 |
| Avg HH Size | 2.72 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,525 |
|---|---|
| Vacant | 509 |
| Owner Occupied | 91.7% |
| Renter Occupied | 8.3% |
| Avg HH Size | 2.72 |
ZIP code 32409 is located in Panama City, Florida, within Bay County. With a population of 10,941, this is a lightly populated ZIP code with a middle-aged community — the median age is 43.8 years. Economically, 32409 is a solidly middle-class ZIP code: the median household income of $60,687 is below the national average.
Real estate in ZIP code 32409 represents an affordable housing market. The median home value of $221,500 is below the national average. Renters can expect to pay around $1,097 per month in median rent. Homeownership is strong here — 91.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.
The population of 32409 is primarily White (87.60%). Residents are moderately educated — 35.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 17.9%.
The unemployment rate in 32409 stands at 5.8%, which is above the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 32409 in Panama City, FL is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 10,941 residents, a median household income of $60,687, and a median home value of $221,500, it offers a clear picture of life in this part of Florida.