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Zip Code 32408 Map And Demographics

Home»Florida State»Bay County»Panama City»Zip Code 32408
  • Population
    16,418
  • Density
    1,555 / sqml.
  • Med. Home Value
    $234,700
  • Med. Rent
    $921

Zip Code Rankings

The table shows the top 5 positions of zip code 32408 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
#382 Top Zip Codes With The Highest Occupied-to-vacant Homes Ratio 1:1.08
#1,296 Top Zip Codes With The Highest Percentage Of Population Not Enrolled In School 82.92%
#1,718 Top Zip Codes With The Highest Number Of Housing Units 16109
#3,819 Top Zip Codes With The Highest Owner-to-tenant Housing Occupied Ratio 1:0.66
#3,938 Top Zip Codes With The Highest Income Per Capita $33,475.00

Population breakdown by gender

Population in zip code 32408 is 16,418 residents | Male to Female ratio is 1:0.93 | Zip Code 32408 land area is 10.5603 sq. miles | Population density is 1,554.69 residents per square mile

Median age

  Median Age
Zip Code Median Age 44.2
Median Age - Male 42.1
Median Age - Female 46.4

Median age of zip code 32408 is 17.6% higher compared to nearby zip codes and 18.8% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 32408 is 12.9% higher compared to nearby zip codes and 17.6% higher compared to the United States male median age. Female zip code 32408 median age is 22.4% higher in comparison to nearby zip codes and 20.5% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 15267
Black or African American population 326
Asian population 276
American Indian and Alaska Native population 22
Native Hawaiian and other Pacific Islander population 0
Other population 59

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.4% Czech 0.5%
Danish 0.5% Dutch 1.8%
English 16.1% French No Basque 4.9%
French Canadian 1.3% German 14.3%
Greek 0.7% Hungarian 0.4%
Irish 15.8% Italian 4.5%
Lithuanian 0.2% Norwegian 0.4%
Polish 3.2% Portuguese 0.2%
Russian 0.7% Scotch-Irish 2.9%
Scottish 3.1% Slovak 0.4%
Subsaharan African 0.2% Swedish 1.6%
Swiss 0.2% Ukrainian 0.3%
USA 14% Welsh 0.3%
West Indian No Hispanic Groups 0.3% Other Ancestries 13.8%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 4303
Married couples 80.87%
Other couples 19.13%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 18.55% 26.18%
$30,000 and $50,000 16.83% 22.98%
$50,000 and $100,000 36.51% 31.03%
$100,000 and $200,000 23.26% 16.1%
$200,000 or more 4.86% 3.71%

Households by size

Household language

Language Spoken Percent
English language 94.04%
Spanish language 2.22%
Other European language 1.17%
Asian language 2.14%
Other language 0.44%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 7740
Detached housing units 54.48%
Attached housing units 4.3%
2 units 9.77%
3 - 4 units 4.26%
5 - 9 units 5.61%
10 - 19 units 2.44%
20 - 49 units 4.17%
50 or more units 6.71%
Mobile homes 8.14%
Boats, RVs, Vans 0.12%

Means of transportation to work

Means Percent
Use car, track or Van 93.72%
Use public transportation 0%
Use Motorcycle 0.96%
Use bicycle 0%
Walk to work 1.42%
Work at home 3.89%

School attendance

Attendance Percent
Attent Preschool programs 1.86%
Attend Public School 10.16%
Attend college undergraduate program 4.39%
Attent graduate studies 0.67%
Not enrolled in school 82.92%

Highest school attainment

Attainment Percent
Less then 9th grade 1.09%
Grade 9 to 12, no diploma 5.89%
High school diploma 23.9%
Some college, no degree 28.63%
Associate degree 15.01%
Bachelor's degree 24.36%
Graduate or professional degree 1.12%

Business Counts by Industry

Industry Type Count
Total of all sectors 414
Retail Trade 64
Accommodation and Food Services 60
Construction 52
Real Estate and Rental and Leasing 47
Professional, Scientific, and Technical Services 41
Other Services (except Public Administration) 35
Administrative and Support and Waste Management and Remediation Services 31
Transportation and Warehousing 16
Finance and Insurance 14
Wholesale Trade 13
Health Care and Social Assistance 13
Arts, Entertainment, and Recreation 12
Information 6
Manufacturing 5
Educational Services 3
Agriculture, Forestry, Fishing and Hunting 1
Management of Companies and Enterprises 1

Real Estate

Metric Value
Housing occupied 48.05%
Housing vacant 51.95%
Housing occupied by owner 60.14%
Housing occupied by tenant 39.86%
Total Rented Units 3085
Median Contract Gross Rent $734
Median Gross Rent $921
Median Home Value $234,700

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 32408 median gross rent is 25.48% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $690
1 Bedroom $720
2 Bedrooms $830
3 Bedrooms $1,150
4 Bedrooms $1,270
AVERAGE RENT $932

Average rent in zip code 32408 ($932.00) is 3.1% lower compared to nearby zip codes and 0.4% lower compared to the average rent in the US. The following illustrates how zip code 32408 rent compares to the nearby zip code rents by unit type: studio apartment rent is 2.7% lower, one bedroom apartment rent is 3.6% lower, two bedroom rent is 3% lower, three bedroom rent is 2.7% lower, four bedroom rent is 3.4% lower.

Housing units

Housing Unit Percent
Total housing units 16109
Detached housing units 35.21%
Attached housing units 2.39%
2 units 6.57%
3 - 4 units 4.38%
5 - 9 units 4.95%
10 - 19 units 5.19%
20 - 49 units 3.09%
50 or more units 31.59%
Mobile homes 6.58%
Boats, RVs, Vans 0.06%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $9,137,300
Real estate taxes paid for units with a mortgage $5,750,000
Real estate taxes paid for units with no mortgage $3,387,200

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 32408 to other nearby zip codes.

Zip Codes Near 32408

Zip Code City County Distance
32413 Panama City Beach Bay 1.1 ml
32401 Panama City Bay 3.42 ml
32405 Panama City Bay 3.72 ml
32407 Panama City Beach Bay 6.52 ml
32403 Panama City Bay 7.23 ml
32409 Panama City Bay 10.1 ml
32404 Panama City Bay 11.38 ml
32444 Lynn Haven Bay 11.45 ml
32466 Youngstown Bay 18.95 ml
32437 Ebro Washington 21.81 ml