Housing data for ZIP code 32401
ZIP code 32401 has an estimated 18,947 residents and 10,522 homes (US Census Bureau, 2020–2024 American Community Survey).
Most of its land lies in Panama City, Bay County.
39.7% of households rent.
The median gross rent is $1,152 (±$97) a month.
The median home value is $230,500 (±$13,645).
The median household income is $52,523 (±$3,748) a year.
Figures last updated on .
- Residents
- 18,947 (±1,144)
- Median gross rent
- $1,152
- Median home value
- $230,500
- Households that rent
- 39.7%
How ZIP code 32401 compares
| ZIP 32401 | Panama City | Bay County | Florida | United States | |
|---|---|---|---|---|---|
| Residents | 18,947 (±1,144) | 34,979 | 186,393 | 22,416,077 | 334,922,499 |
| Housing units | 10,522 (±610) | 17,104 | 108,362 | 10,256,470 | 143,775,355 |
| Households that rent | 39.7% (±4.1 points) | 43.7% | 33.2% | 32.4% | 34.8% |
| Median gross rent | $1,152 (±$97) | $1,327 | $1,484 | $1,669 | $1,413 |
| Median home value | $230,500 (±$13,645) | $268,900 | $310,500 | $359,000 | $332,700 |
| Median household income | $52,523 (±$3,748) | $62,265 | $73,533 | $74,568 | $80,734 |
| Median real estate taxes (a year) | $1,403 (±$128) | $1,752 | $1,807 | $2,730 | $3,119 |
| Renters paying 30% or more of income | 68.6% (±9.3 points) | 64.2% | 60.1% | 60.0% | 51.1% |
| Built before 1980 | 66.0% (±5.7 points) | 55.4% | 24.3% | 33.9% | 49.7% |
| Average commute | 21.3 minutes (±2.1) | 21.4 minutes | 23.9 minutes | 28.0 minutes | 26.4 minutes |
| Households with broadband | 84.8% (±3.2 points) | 87.9% | 92.8% | 91.6% | 91.0% |
| Median age of residents | 43.5 years (±3.3) | 39.5 years | 41.0 years | 42.6 years | 38.9 years |
In ZIP 32401, median gross rent is lower than in Bay County ($1,484).
It is also lower than in Florida ($1,669).
It is lower than the national figure ($1,413).
The median gross rent in ZIP code 32401 is lower than in Panama City as a whole ($1,327).
Its median home value is lower than in Panama City as a whole ($268,900).
Among the 12 ZIP codes in Bay County with a published estimate, ZIP 32401 ranks 11 from highest to lowest median gross rent.
Among the 11 ZIP codes in Bay County with a published estimate, ZIP 32401 ranks 9 from highest to lowest median home value.
Among the 12 ZIP codes in Bay County with a published estimate, ZIP 32401 ranks 11 from highest to lowest median household income.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Rent in ZIP code 32401
| Monthly gross rent | ZIP 32401 | Bay County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 8.9% (±3.7 points) | 2.7% | 3.6% | 6.3% |
| $500 to $999 | 29.4% (±9.0 points) | 13.3% | 10.7% | 20.2% |
| $1,000 to $1,499 | 37.9% (±7.5 points) | 35.2% | 26.0% | 28.1% |
| $1,500 to $1,999 | 19.4% (±6.0 points) | 31.6% | 28.8% | 21.1% |
| $2,000 to $2,499 | 3.8% (±2.2 points) | 12.2% | 17.4% | 12.0% |
| $2,500 to $2,999 | 0.4% (±0.7 points) | 2.7% | 7.2% | 5.5% |
| $3,000 or more | 0.2% (±0.4 points) | 2.3% | 6.3% | 6.8% |
The most common range is $1,000 to $1,499, paid by 37.9% of renting households.
Rent by bedrooms in ZIP code 32401
| Bedrooms | Census median |
|---|---|
| Studio | $717 (±$524) |
| 1 bedroom | $1,045 (±$252) |
| 2 bedrooms | $1,125 (±$152) |
| 3 bedrooms | $1,337 (±$119) |
| 4 bedrooms | $1,933 (±$895) |
Rent burden in ZIP code 32401
| Share of income spent on rent | ZIP 32401 | Bay County | Florida | United States |
|---|---|---|---|---|
| Less than 15% | 3.6% (±2.1 points) | 6.4% | 8.1% | 12.6% |
| 15% to 19.9% | 6.2% (±3.7 points) | 10.2% | 9.3% | 12.2% |
| 20% to 24.9% | 13.3% (±5.1 points) | 14.0% | 11.3% | 12.6% |
| 25% to 29.9% | 8.2% (±3.5 points) | 9.3% | 11.3% | 11.5% |
| 30% to 34.9% | 12.9% (±5.7 points) | 14.4% | 9.8% | 9.2% |
| 35% or more | 55.7% (±7.4 points) | 45.7% | 50.2% | 41.9% |
68.6% (±9.3 points) of renting households in ZIP code 32401 spend 30% or more of their income on gross rent.
Home values in ZIP code 32401
| Value | ZIP 32401 | Bay County | Florida | United States |
|---|---|---|---|---|
| Less than $50,000 | 5.3% (±2.3 points) | 4.8% | 4.9% | 5.3% |
| $50,000 to $99,999 | 11.7% (±3.4 points) | 5.5% | 4.3% | 6.1% |
| $100,000 to $149,999 | 9.0% (±2.6 points) | 5.9% | 4.6% | 6.8% |
| $150,000 to $199,999 | 14.2% (±2.9 points) | 9.7% | 6.8% | 9.0% |
| $200,000 to $299,999 | 26.5% (±4.3 points) | 21.7% | 17.9% | 17.8% |
| $300,000 to $499,999 | 18.4% (±4.3 points) | 34.8% | 34.5% | 26.9% |
| $500,000 to $999,999 | 10.7% (±3.1 points) | 14.8% | 21.1% | 20.9% |
| $1,000,000 or more | 4.2% (±1.9 points) | 2.9% | 5.9% | 7.1% |
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
The homes in ZIP code 32401
| Building type | ZIP 32401 | Bay County | Florida | United States |
|---|---|---|---|---|
| Single-family, detached | 63.0% (±2.8 points) | 51.0% | 54.7% | 61.3% |
| Single-family, attached (townhouse, rowhouse) | 5.1% (±1.5 points) | 5.2% | 6.7% | 6.2% |
| 2 units | 5.4% (±2.2 points) | 2.5% | 2.0% | 3.4% |
| 3 or 4 units | 5.7% (±1.9 points) | 4.3% | 3.9% | 4.3% |
| 5 to 9 units | 2.5% (±1.4 points) | 4.3% | 4.7% | 4.5% |
| 10 to 19 units | 1.9% (±1.0 points) | 3.8% | 5.4% | 4.3% |
| 20 or more units | 7.3% (±1.7 points) | 18.8% | 14.4% | 10.3% |
| Mobile home | 8.8% (±2.4 points) | 10.0% | 8.0% | 5.6% |
| Boat, RV, van, etc. | 0.3% (±0.3 points) | 0.2% | 0.2% | 0.1% |
When the homes in ZIP code 32401 were built
| Year built | ZIP 32401 | Bay County | Florida | United States |
|---|---|---|---|---|
| 2020 or later | 2.0% (±0.9 points) | 5.3% | 3.2% | 2.0% |
| 2010 to 2019 | 4.8% (±1.7 points) | 11.7% | 11.0% | 9.4% |
| 2000 to 2009 | 10.9% (±3.3 points) | 22.6% | 18.1% | 13.6% |
| 1990 to 1999 | 6.6% (±1.8 points) | 14.7% | 14.6% | 12.4% |
| 1980 to 1989 | 9.8% (±2.1 points) | 21.3% | 19.0% | 12.9% |
| 1970 to 1979 | 10.6% (±2.3 points) | 11.4% | 15.8% | 14.2% |
| 1960 to 1969 | 9.4% (±2.5 points) | 4.4% | 8.0% | 9.9% |
| 1950 to 1959 | 17.1% (±3.1 points) | 4.3% | 6.5% | 9.5% |
| 1940 to 1949 | 19.2% (±2.6 points) | 2.6% | 1.7% | 4.4% |
| 1939 or earlier | 9.7% (±2.1 points) | 1.6% | 1.9% | 11.7% |
66.0% of the homes in ZIP code 32401 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.
Heating fuel in ZIP code 32401
| Fuel used most | ZIP 32401 | Bay County | Florida | United States |
|---|---|---|---|---|
| Utility gas | 10.1% (±2.5 points) | 8.6% | 5.4% | 46.5% |
| Fuel oil, kerosene, etc. | 0.0% (±0.6 points) | 0.1% | 0.1% | 3.9% |
| Electricity | 85.9% (±3.2 points) | 87.4% | 90.4% | 41.3% |
| Bottled or tank gas (propane) | 1.6% (±1.4 points) | 1.5% | 0.9% | 4.9% |
| Wood | 0.2% (±0.3 points) | 0.2% | 0.1% | 1.4% |
| Solar energy | 0.5% (±0.5 points) | 1.0% | 0.5% | 0.3% |
| Coal or coke | 0.0% (±0.6 points) | 0.0% | 0.0% | 0.1% |
| Other fuel | 0.1% (±0.2 points) | 0.1% | 0.1% | 0.5% |
| No fuel used | 1.6% (±1.2 points) | 1.0% | 2.4% | 1.2% |
How people in ZIP code 32401 get to work
| Means of transportation | ZIP 32401 | Bay County | Florida | United States |
|---|---|---|---|---|
| Drove alone | 70.8% (±4.8 points) | 75.1% | 70.2% | 68.8% |
| Carpooled | 14.8% (±4.0 points) | 11.5% | 9.2% | 8.5% |
| Public transportation | 0.1% (±0.2 points) | 0.3% | 1.2% | 3.2% |
| Walked | 1.9% (±1.1 points) | 1.1% | 1.4% | 2.4% |
| Other means (bicycle, taxi, motorcycle) | 2.3% (±1.2 points) | 1.9% | 2.4% | 2.0% |
| Worked from home | 10.1% (±3.1 points) | 10.1% | 15.7% | 15.1% |
Workers who live in ZIP code 32401 take an average of 21.3 minutes to get to work.
Places in ZIP code 32401
| Place | Share of the ZIP’s land in this place | Median gross rent | Households that rent |
|---|---|---|---|
| Panama City | 63% | $1,327 | 43.7% |
| Springfield | 13% | $1,307 | 38.0% |
A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.
ZIP codes near 32401
| ZIP code | Distance | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|---|
| 32405 | 3.4 mi | $1,467 | $279,900 | $73,373 | 40.5% |
| 32444 | 5.6 mi | $1,474 | $331,000 | $83,160 | 30.2% |
| 32408 | 7.0 mi | $1,584 | $382,300 | $80,822 | 37.0% |
| 32404 | 8.0 mi | $1,399 | $273,500 | $74,708 | 30.8% |
| 32403 | 9.1 mi | $2,422 | — | $118,594 | 100.0% |
| 32407 | 9.5 mi | $1,840 | $404,200 | $80,831 | 43.6% |
| 32409 | 13 mi | $1,409 | $275,700 | $64,516 | 7.8% |
| 32413 | 18 mi | $1,702 | $441,300 | $80,039 | 29.8% |
Crime reported to police in Panama City
Most of ZIP code 32401 is policed by the Panama City Police Department, which reported 307 violent and 1,316 property crimes per 100,000 residents to the FBI in 2025.
The FBI publishes crime by police department, not by ZIP code, so this is the department’s figure for the whole area it serves.
ZIP code 32401 is reported as ZIP Code Tabulation Area 32401: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about ZIP 32401
What is the median rent in ZIP code 32401?
The median gross rent in ZIP Code Tabulation Area 32401 is $1,152 (±$97) a month (2020–2024 American Community Survey).
What is the median home value in ZIP code 32401?
The median value of owner-occupied homes in ZIP code 32401 is $230,500 (±$13,645) (2020–2024 American Community Survey).
What is the median household income in ZIP code 32401?
The median household income in ZIP code 32401 is $52,523 (±$3,748) a year (2020–2024 American Community Survey).
What town is ZIP code 32401 in?
Most of ZIP code 32401’s land lies in Panama City; it also covers Springfield.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — ZCTA5 32401
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — ZCTA5 32401
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — ZCTA5 32401
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — ZCTA5 32401
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — ZCTA5 32401
- Median Gross Rent by Bedrooms (B25031), 2020–2024 ACS 5-year estimates — ZCTA5 32401
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Panama City Police Department (ORI FL0030100)
- FBI: Uniform Crime Reporting statistics and their proper use
- US Census Bureau, 2024 Gazetteer Files
- US Census Bureau, 2020 ZIP Code Tabulation Area relationship files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 32401 (zip code tabulation area:32401).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .