Interested in purchasing investment houses in the 32408 zip code in Panama City, FL?
The zip code 32408 is in Bay county with a latitude of -85.725300000000 and longitude of 30.139370000000, is in the state of Florida. The average asking price of houses and condos is $260,684.00 and the average sale price was $186,133.00. this regions is classified as the Panama City metro area and is in the 850 area code. The location in degrees is 30° 8' 21.732" N, 85° 43' 31.08" W. The county F.I.P.S. is 12005. This zip code contains three cities including Upper Grand Lagoon, FL (40.94%), Lower Grand Lagoon, FL (10.37%), and Panama City Beach, FL (1.72%) The total land area is 10.6 square miles and the water area is 15.4 square miles. The elevation in this area is 3 - 10 feet. The zip code is on central standard time and observes daylight savings time.
The zip 32408 is in county number 005 and is L. Sector 35, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 19,069 in 2019 and 15,352 in 2010. Of this, the break down in 2019 was 18,925 urban and 143 rural. This further breaks down to 9,502 males (49.8%) and 9,567 females (50.2%). The median age of residents is 41.4 years. The population of the greater Panama City-Lynn Haven, FL area is 170,196. The population density (people per square mile) is 1,806. This zip code has a combined total of 17,853 houses and condos. There are 2,768 rented appartments. 34% of residents rent versus the 34% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $57,357 and the average salary is $43,456. The median household income of individuals is $47,277.00 and the average is $80,380.00. This zip code has a mean commute time to work of 20.4 minutes. The unemployment rate is 4.5%. Income earners by percent breakdown as 52.40% (Under $50,000), 29.70% ($50,000-$100,000), and 17.90% earn over $100,000. 13.9% of residents live below poverty line versus the 12.7% in the state that are below this line. The cost of living index is 88.3. The educational breakdown is 94.7% have a high school education or higher, 33.6% have a bachelor's degree or higher, and 10.6% have some kind of profesional degree.
This area has 6,890 households and the average size is 2.4 people. Individuals who are single and have never been married are 29.9%, 48.8% are now married, 2.7% are separated, 5.5% are widowed, and 13.0% are divorced. The average yearly contribution amount given by people to charity was $5,644 versus the state average of $5,698. The percent of residents who gave to charity was 18.4%.
The estimated median value of houses and condos is $263,831. The median monthly owner costs of mortgage holders was $1,685, where as the costs for those who don't have a mortgage are $535. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,725. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $2,035. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $1,777. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $1,668. Reported taxable interest for persons was $3,440, dividends $8,649, capital gains +$17,956, and itemized deductions $23,700. The average earned income tax credit is $1,985. The percent of individuals that use a tax preparer is 44.7%. The total average income taxes paid by individuals was $4,550. Businesses reported an average profit of $13,908.
Pier 77 Seafood Restaurant
3016 Thomas Dr, Panama City, FL 32408
Billy's Oyster Bar
3000 Thomas Dr, Panama City, FL 32408
Sisters of the Sea Waterfront Bar & Grill
3901 Thomas Dr, Panama City, FL 32408
Capt Jack's Seafood Buffet
8208 Thomas Dr, Panama City, FL 32408
Hammerhead Fred's
8752 Thomas Dr, Panama City Beach, FL 32408
Schooner Restaurant
5121 Gulf Dr, Panama City, FL 32408
The Grand Marlin of Panama City Beach
5323 N Lagoon Dr, Panama City, FL 32408
Gypsea Crepes
7012 Thomas Dr, Panama City, FL 32408
Guadalajara Mexican Grill
8730 Thomas Dr Ste 1108, Panama City, FL 32408
Dat Cajun Place
8501 Thomas Dr, Panama City, FL 32408
Triple J Steaks & Seafood
2218 Thomas Dr, Panama City, FL 32408
Fatty's Sandwich Shop
916 Thomas Dr, Panama City, FL 32408
Jesse's Place
7008 Thomas Dr, Panama City, FL 32408
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