Interested in purchasing investment houses in the 32407 zip code in Panama City Beach, FL?
The zip code 32407 is in Bay county with a latitude of -85.791280000000 and longitude of 30.200650000000, is in the state of Florida. The average asking price of houses and condos is $255,349.00 and the average sale price was $165,817.00. this regions is classified as the Panama City metro area and is in the 850 area code. The location in degrees is 30° 12' 2.34" N, 85° 47' 28.608" W. The county F.I.P.S. is 12005. This zip code contains two cities including Upper Grand Lagoon, FL (29.55%), and Panama City Beach, FL (27.53%) The total land area is 13.9 square miles and the water area is 4.0 square miles. The elevation in this area is 0 - 10 feet. The zip code is on central standard time and observes daylight savings time.
The zip 32407 is in county number 005 and is L. Sector 00, L. Segment 76, H. Sector 76, and H. Segment 76. The population was 10,940 in 2019 and 9,347 in 2010. Of this, the break down in 2019 was 9,700 urban and 1,239 rural. This further breaks down to 5,529 males (50.5%) and 5,410 females (49.5%). The median age of residents is 39.8 years. The population of the greater Panama City-Lynn Haven, FL area is 170,196. The population density (people per square mile) is 789. This zip code has a combined total of 8,474 houses and condos. There are 2,264 rented appartments. 47% of residents rent versus the 47% 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 $47,296 and the average salary is $40,269. The median household income of individuals is $49,286.00 and the average is $60,740.00. This zip code has a mean commute time to work of 21.3 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 50.90% (Under $50,000), 35.80% ($50,000-$100,000), and 13.30% earn over $100,000. 8.1% of residents live below poverty line versus the 12.7% in the state that are below this line. The cost of living index is 88.4. The educational breakdown is 93.8% have a high school education or higher, 30.4% have a bachelor's degree or higher, and 10.5% have some kind of profesional degree.
This area has 4,096 households and the average size is 2.2 people. Individuals who are single and have never been married are 27.8%, 49.4% are now married, 2.7% are separated, 6.0% are widowed, and 14.0% are divorced. The average yearly contribution amount given by people to charity was $4,303 versus the state average of $5,698. The percent of residents who gave to charity was 17.2%.
The estimated median value of houses and condos is $245,476. The median monthly owner costs of mortgage holders was $1,598, where as the costs for those who don't have a mortgage are $555. The median number of rooms in houses and condos are 5.3 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,666. 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 $1,737. 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 $1,466. Reported taxable interest for persons was $1,573, dividends $4,482, capital gains +$2,735, and itemized deductions $22,104. The average earned income tax credit is $2,014. The percent of individuals that use a tax preparer is 42.7%. The total average income taxes paid by individuals was $4,120. Businesses reported an average profit of $10,736.
Angelo's Steak Pit
9527 Front Beach Rd, Panama City Beach, FL 32407
Dead Eye Dicks Steakhouse
9802 Front Beach Rd, Panama City Beach, FL 32407
Dirty Dick's Crab House - Panama City Beach, Florida
9800 Front Beach Rd, Panama City Beach, FL 32407
Montego Bay Seafood House
473 N Richard Jackson Blvd, Panama City Beach, FL 32407
Harpoon Harry's
12627 Front Beach Rd, Panama City Beach, FL 32407
Shrimp Basket Panama City Beach
12390 Front Beach Rd, Panama City Beach, FL 32407
Shan Kishi Japanese Restaurant
13800 Panama City Beach Pkwy, Panama City Beach, FL 32407
Ketana Restaurant
10514 Front Beach Rd, Panama City Beach, FL 32407
Beachside Grill
13312 Front Beach Rd, Panama City Beach, FL 32407
Bayou On The Beach Cafe
11115 Hutchison Blvd, Panama City Beach, FL 32407
Saltwater Grill
11040 Hutchison Blvd, Panama City Beach, FL 32407
Bishop's Buffet
12628 Front Beach Rd, Panama City Beach, FL 32407
Beef 'O' Bradys
13800 Panama City Beach Pkwy, Panama City Beach, FL 32407
Jin Jin Super King
9802 Front Beach Rd, Panama City Beach, FL 32407
Another Broken Egg Cafe
11535 Hutchison Blvd, Panama City Beach, FL 32407
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