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Zip Code 32407 Map And Demographics

Home»Florida State»Bay County»Panama City Beach»Zip Code 32407
  • Population
    8,882
  • Density
    640 / sqml.
  • Med. Home Value
    $202,900
  • Med. Rent
    $1,038

Zip Code Rankings

The table shows the top 5 positions of zip code 32407 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#438 Top Zip Codes With The Highest Occupied-to-vacant Homes Ratio 1:1.00
#1,730 Top Zip Codes With The Highest Owner-to-tenant Housing Occupied Ratio 1:1.09
#2,513 Top Zip Codes With The Highest Percentage Of People Who Ride Bicycles To Work 0.94%
#2,988 Top Zip Codes With The Highest Percentage Of People Who Walk To Work 5.30%
#4,306 Top Zip Codes With The Highest Median Apartment Rent $1,038

Population breakdown by gender

Population in zip code 32407 is 8,882 residents | Male to Female ratio is 1:1.03 | Zip Code 32407 land area is 13.8691 sq. miles | Population density is 640.42 residents per square mile

Median age

  Median Age
Zip Code Median Age 37.2
Median Age - Male 37.8
Median Age - Female 36.9

Median age of zip code 32407 is 2.9% lower compared to nearby zip codes and equal compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 32407 is 0.3% higher compared to nearby zip codes and 5.6% higher compared to the United States male median age. Female zip code 32407 median age is 5.1% lower in comparison to nearby zip codes and 4.2% lower compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 7821
Black or African American population 260
Asian population 114
American Indian and Alaska Native population 122
Native Hawaiian and other Pacific Islander population 0
Other population 120

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.1% Czech 0.3%
Danish 0.9% Dutch 1%
English 17% French No Basque 2.5%
French Canadian 2% German 14.5%
Greek 0.3% Hungarian 0.2%
Irish 12.9% Italian 3.3%
Lithuanian 0% Norwegian 1.5%
Polish 3.6% Portuguese 0%
Russian 0.2% Scotch-Irish 3.4%
Scottish 2.4% Slovak 0%
Subsaharan African 0% Swedish 1.3%
Swiss 0% Ukrainian 0%
USA 14.8% Welsh 1.4%
West Indian No Hispanic Groups 0.2% Other Ancestries 13.4%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 2166
Married couples 73.5%
Other couples 26.5%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 25.44% 23.35%
$30,000 and $50,000 17.82% 30.89%
$50,000 and $100,000 37.63% 34.01%
$100,000 and $200,000 17.87% 11.08%
$200,000 or more 1.25% 0.67%

Households by size

Household language

Language Spoken Percent
English language 93.4%
Spanish language 4.75%
Other European language 0.8%
Asian language 1.05%
Other language 0%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 4017
Detached housing units 49.59%
Attached housing units 3.93%
2 units 0%
3 - 4 units 3.31%
5 - 9 units 4.63%
10 - 19 units 15.41%
20 - 49 units 8.86%
50 or more units 7.07%
Mobile homes 7.19%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 88.66%
Use public transportation 0%
Use Motorcycle 0.15%
Use bicycle 0.94%
Walk to work 5.3%
Work at home 4.95%

School attendance

Attendance Percent
Attent Preschool programs 2.9%
Attend Public School 17.21%
Attend college undergraduate program 5.85%
Attent graduate studies 0.88%
Not enrolled in school 73.16%

Highest school attainment

Attainment Percent
Less then 9th grade 3.83%
Grade 9 to 12, no diploma 5.79%
High school diploma 28.09%
Some college, no degree 23.76%
Associate degree 18%
Bachelor's degree 20.3%
Graduate or professional degree 0.24%

Business Counts by Industry

Industry Type Count
Total of all sectors 468
Retail Trade 87
Accommodation and Food Services 87
Other Services (except Public Administration) 45
Finance and Insurance 45
Real Estate and Rental and Leasing 38
Professional, Scientific, and Technical Services 38
Construction 31
Administrative and Support and Waste Management and Remediation Services 21
Wholesale Trade 19
Health Care and Social Assistance 16
Arts, Entertainment, and Recreation 13
Manufacturing 9
Transportation and Warehousing 8
Information 7
Educational Services 2
Utilities 1
Management of Companies and Enterprises 1

Real Estate

Metric Value
Housing occupied 50.11%
Housing vacant 49.89%
Housing occupied by owner 47.85%
Housing occupied by tenant 52.15%
Total Rented Units 2095
Median Contract Gross Rent $908
Median Gross Rent $1,038
Median Home Value $202,900

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 32407 median gross rent is 14.32% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $890
1 Bedroom $930
2 Bedrooms $1,070
3 Bedrooms $1,480
4 Bedrooms $1,640
AVERAGE RENT $1,202

Average rent in zip code 32407 ($1,202.00) is 28.6% higher compared to nearby zip codes and 28.5% higher compared to the average rent in the US. The following illustrates how zip code 32407 rent compares to the nearby zip code rents by unit type: studio apartment rent is 29.2% higher, one bedroom apartment rent is 28.1% higher, two bedroom rent is 28.6% higher, three bedroom rent is 28.8% higher, four bedroom rent is 28.3% higher.

Housing units

Housing Unit Percent
Total housing units 8017
Detached housing units 29.9%
Attached housing units 4.48%
2 units 0.16%
3 - 4 units 2.06%
5 - 9 units 7.72%
10 - 19 units 11.54%
20 - 49 units 8.78%
50 or more units 30.29%
Mobile homes 5.08%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $3,330,300
Real estate taxes paid for units with a mortgage $2,490,200
Real estate taxes paid for units with no mortgage $840,100

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 32407 to other nearby zip codes.

Zip Codes Near 32407

Zip Code City County Distance
32408 Panama City Bay 6.52 ml
32413 Panama City Beach Bay 7.43 ml
32405 Panama City Bay 8.59 ml
32401 Panama City Bay 8.95 ml
32409 Panama City Bay 10.48 ml
32403 Panama City Bay 13.38 ml
32437 Ebro Washington 17.55 ml
32404 Panama City Bay 17.75 ml
32444 Lynn Haven Bay 17.96 ml
32466 Youngstown Bay 21.69 ml