Interested in purchasing investment houses in the 32404 zip code in Panama City, FL?
The zip code 32404 is in Bay county with a latitude of -85.506100000000 and longitude of 30.200970000000, is in the state of Florida. The average asking price of houses and condos is $172,196.00 and the average sale price was $111,844.00. this regions is classified as the Panama City metro area and is in the 850 area code. The location in degrees is 30° 12' 3.492" N, 85° 30' 21.96" W. The county F.I.P.S. is 12005. This zip code contains five cities including Callaway, FL (6.50%), Panama City, FL (4.91%), Parker, FL (1.65%), Springfield, FL (1.25%), and Lynn Haven, FL (1.01%) The total land area is 128.8 square miles and the water area is 18.6 square miles. The elevation in this area is 10 - 85 feet. The zip code is on central standard time and observes daylight savings time.
The zip 32404 is in county number 005 and is L. Sector 00, L. Segment 01, H. Sector 69, and H. Segment 69. The population was 39,933 in 2019 and 38,425 in 2010. Of this, the break down in 2019 was 35,430 urban and 4,502 rural. This further breaks down to 20,559 males (51.5%) and 19,373 females (48.5%). The median age of residents is 38.0 years. The population of the greater Panama City-Lynn Haven, FL area is 170,196. The population density (people per square mile) is 310. This zip code has a combined total of 17,305 houses and condos. There are 4,514 rented appartments. 31% of residents rent versus the 31% 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 $43,297 and the average salary is $37,265. The median household income of individuals is $45,064.00 and the average is $50,010.00. This zip code has a mean commute time to work of 28.2 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 55.40% (Under $50,000), 34.70% ($50,000-$100,000), and 9.90% earn over $100,000. 12.2% of residents live below poverty line versus the 12.7% in the state that are below this line. The cost of living index is 86.3. The educational breakdown is 88.6% have a high school education or higher, 15.0% have a bachelor's degree or higher, and 5.7% have some kind of profesional degree.
This area has 14,428 households and the average size is 2.7 people. Individuals who are single and have never been married are 28.4%, 50.5% are now married, 2.6% are separated, 6.4% are widowed, and 12.1% are divorced. The average yearly contribution amount given by people to charity was $5,270 versus the state average of $5,698. The percent of residents who gave to charity was 12.0%.
The estimated median value of houses and condos is $174,045. The median monthly owner costs of mortgage holders was $1,273, where as the costs for those who don't have a mortgage are $404. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,118. 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 $1,257. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $910. Reported taxable interest for persons was $1,138, dividends $2,415, capital gains +$2,233, and itemized deductions $18,893. The average earned income tax credit is $2,365. The percent of individuals that use a tax preparer is 38.5%. The total average income taxes paid by individuals was $2,954. Businesses reported an average profit of $7,703.
Rodeo's Steak Pit & Seafood Restaurant
5904 E Highway 98, Panama City, FL 32404
Thai Chef Restaurant
854 N Tyndall Pkwy, Panama City, FL 32404
Smitty's Barbecue and Salad Bar
231 Highway 2297, Panama City, FL 32404
Smokin Hot BBQ & Stuff
6547 N Highway 231, Panama City, FL 32404
Sea Breeze Barbecue
1139 N Tyndall Pkwy, Panama City, FL 32404
Anyday Cafe
6732 Davis Rd, Panama City, FL 32404
Charlie Coram's Place
6204 N Highway 231, Panama City, FL 32404
Beef 'O' Bradys
842 N Tyndall Pkwy, Callaway, FL 32404
JR's Rib Shack
281 N Star Ave, Panama City, FL 32404
Smugglers Sports Bar & Grill
532 N Tyndall Pkwy, Panama City, FL 32404
King House
801 N Tyndall Pkwy, Panama City, FL 32404
Salty Hobo Two
331 Bob Little Rd, Panama City, FL 32404
Anyday Cafe
5615 N Highway 231, Panama City, FL 32404
Hunt's Oyster Bar & Seafood Restaurant
1150 Beck Ave, Panama City, FL 32401 (4.4 miles away)