32408 ZIP Code – Panama City, Florida

Located in Panama City, Florida, ZIP code 32408 is a mid-sized ZIP code within Bay County with a population of approximately 18,594 residents. The median household income of $64,561 is near the Florida average and near the national average. Homes in this ZIP code have a median value of $318,200, above the national average, with 63.0% owner-occupied housing (decreasing). . Median rent is $1,295, which is above the U.S. average. Housing consists of 63% single-family (increasing), 18% apartments (increasing), 13% duplex/multi-family.

The unemployment rate is 3.9%, below the national average. About 8.8% of residents live below the poverty line, below the national rate. Bachelor's degree attainment is 38.6%, above the national average. The population has a median age of 48.2, near the national median. Neighboring ZIP codes include 32407, 32401, 32405.

ZIP Code 32408 Data

Population 18,594
Median Household Income $64,561
Median Home Value $318,200
Median Rent $1,295
Median Age 48.2
Unemployment Rate 3.9%
Poverty Rate 8.8%
Bachelor's Degree or Higher 38.6%
County Bay County
State Florida

ZIP 32408 vs. Florida vs. U.S.

MetricZIP 32408FL Avg.U.S. Avg.
Population18k21k10k
Median Household Income$64k$70k$73k
Median Home Value$318k$307k$258k
Median Rent$1,295$1,414$1,088
Median Age48.245.143.2
Unemployment Rate3.9%4.7%5.0%
Poverty Rate8.8%13.4%13.3%
Bachelor's Degree or Higher38.6%30.6%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
32407 PANAMA CITY BEACH 14,710 $75,093
32401 PANAMA CITY 18,120 $46,603
32405 PANAMA CITY 29,661 $68,070
32444 LYNN HAVEN 21,564 $84,893
32409 PANAMA CITY 10,518 $56,276