Panama City (zip 32408), Florida
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Overview
Zip Code Overview
As of 2009, Panama City (zip 32408)'s population is 15,162 people. Since 2000, it has had a population growth of 12.24 percent.
The median home cost in Panama City (zip 32408) is $228,270. Home appreciation the last year has been -13.00 percent.
Compared to the rest of the country, Panama City (zip 32408)'s cost of living is 9.96% Higher than the U.S. average.
Panama City (zip 32408) public schools spend $5,030 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Panama City (zip 32408).
The unemployment rate in Panama City (zip 32408) is 9.70 percent(U.S. avg. is 8.50%). Recent job growth is Negative. Panama City (zip 32408) jobs have Decreased by 2.70 percent.
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People
The 2009 Panama City (zip 32408), FL, population is 15,162. There are 1,630 people per square mile (population density).
Family in Panama City (zip 32408), FL
The median age is 40.8. The US median is 37.6. 57.84% of people in Panama City (zip 32408), FL, are married. 13.41% are divorced.
The average household size is 2.19 people. 16.56% of people are married, with children. 7.81% have children, but are single.
Race in Panama City (zip 32408), FL
94.04% of people are white, 1.38% are black, 1.64% are asian, 0.74% are native american, and 2.13% claim 'Other'.
2.04% of the people in Panama City (zip 32408), FL, claim hispanic ethnicity (meaning 97.96% are non-hispanic).
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Health
There are 198 physicians per 100,000 population in Panama City (zip 32408), FL. The US average is 170.
Panama City (zip 32408), FL Health Index
Air quality in Panama City (zip 32408), FL is 32 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.
Water quality in Panama City (zip 32408), FL is 100 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.
Superfund index is 89 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.
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Economy
| Unemployment Rate | 9.70% | 8.50% |
| Recent Job Growth | -2.70% | -3.10% |
| Future Job Growth | 24.80% | 26.40% |
| Sales Taxes | 6.50% | 6.00% |
| Income Taxes | 0.00% | 5.02% |
| Income per Cap. | $26,131 | $24,020 |
| Household Income | $40,812 | $44,684 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.61% | 13.64% |
| Income between 15K and 25K | 15.22% | 11.21% |
| Income between 25K and 35K | 14.00% | 11.46% |
| Income between 35K and 50K | 16.56% | 15.84% |
| Income between 50K and 75K | 16.52% | 19.28% |
| Income between 75K and 100K | 10.22% | 11.53% |
| Income between 100K and 150K | 6.92% | 10.70% |
| Income between 150K and 250K | 3.68% | 4.43% |
| Income between 250K and 500K | 1.03% | 1.31% |
| Income greater than 500K | 0.24% | 0.61% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.58% | 13.61% |
| Professional and Related Occupations | 17.41% | 20.24% |
| Service | 22.56% | 14.75% |
| Sales and Office | 27.31% | 26.74% |
| Farming, Fishing, and Forestry | 1.22% | 0.74% |
| Construction, Extraction, and Maintenance | 9.67% | 9.48% |
| Production, Transportation, and Material Moving | 6.25% | 14.44% |
The unemployment rate in Panama City (zip 32408), FL, is 9.70%, with job growth of -2.70%. Future job growth over the next ten years is predicted to be 24.80%.
Panama City (zip 32408), FL Taxes
Panama City (zip 32408), FL,sales tax rate is 6.50%. Income tax is 0.00%.
Panama City (zip 32408), FL Income and Salaries
The income per capita is $26,131, which includes all adults and children. The median household income is $40,812.
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Housing
| Median Home Age | 20 | 27 |
| Median Home Cost | $228,270 | $202,300 |
| Home Appreciation | -13.00% | -4.60% |
| Homes Owned | 35.21% | 64.07% |
| Housing Vacant | 43.48% | 14.48% |
| Homes Rented | 20.56% | 21.45% |
| Property Tax Rate | $10.06 | $13.28 |
| OWNER-OCCUPIED HOUSING UNITS BY VALUE | | |
| Less Than $20,000 | 0.22% | 3.01% |
| $20,000 to $39,999 | 1.89% | 4.37% |
| $40,000 to $59,999 | 2.06% | 5.74% |
| $60,000 to $79,999 | 5.63% | 7.07% |
| $80,000 to $99,999 | 8.70% | 8.41% |
| $100,000 to $149,999 | 24.68% | 19.74% |
| $150,000 to $199,999 | 15.60% | 14.06% |
| $200,000 to $299,999 | 18.31% | 16.59% |
| $300,000 to $399,999 | 9.49% | 8.21% |
| $400,000 to $499,999 | 4.94% | 4.53% |
| $500,000 to $749,999 | 6.16% | 4.75% |
| $1,000,000 or more | 1.25% | 1.86% |
| HOUSING UNITS BY YEAR STRUCTURE BUILT | | |
| 1999 to October 2005 | 11.58% | 10.15% |
| 1995 to 1998 | 8.13% | 6.69% |
| 1990 to 1994 | 9.07% | 6.70% |
| 1980 to 1989 | 45.42% | 14.75% |
| 1970 to 1979 | 19.82% | 17.11% |
| 1960 to 1969 | 3.57% | 12.78% |
| 1950 to 1959 | 1.86% | 11.64% |
| 1940 to 1949 | 0.31% | 6.64% |
| 1939 or Earlier | 0.26% | 13.55% |
The median home value in Panama City (zip 32408), FL, is $228,270. Home appreciation is -13.00% over the last year. The median age of Panama City (zip 32408), FL, real estate is 20 years.
Panama City (zip 32408), FL Apartments and Rentals
Renters make up 20.56% of the Panama City (zip 32408), FL, population. 43.48% of houses and apartments in Panama City (zip 32408), FL, are unoccupied (vacancy rate).
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Crime
Panama City (zip 32408), FL, violent crime, on a scale from 1 (low crime) to 10, is 6. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Panama City (zip 32408), FL, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
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Climate
Panama City (zip 32408), FL, gets 58 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 97.
On average, there are 241 sunny days per year in Panama City (zip 32408), FL. The July high is around 91 degrees. The January low is 44. Our comfort index, which is based on humidity during the hot months, is a 24 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
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Education
Panama City (zip 32408), FL, schools spend $5,030 per student. There are 18 pupils per teacher, 455 students per librarian, and 394 children per counselor in Panama City (zip 32408), FL schools.
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Transportation
The average one-way commute in Panama City (zip 32408), FL, takes 21 minutes. 79% of commuters drive their own car alone. 12% carpool with others. 0% take mass transit and 4% work from home.
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Cost of Living
Our cost of living indices are based on a US average of 100. An amount below 100 means Panama City (zip 32408), FL is cheaper than the US average. A cost of living index above 100 means Panama City (zip 32408), FL is more expensive.
Overall, Panama City (zip 32408), FL cost of living is 109.96.
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Religion
| Percent Religious | 41.47% | 50.03% |
| Catholic | 4.74% | 21.92% |
| Protestant | 33.24% | 19.12% |
| LDS | 1.02% | 1.57% |
| Baptist | 19.03% | 8.16% |
| Episcopalian | 0.96% | 8.12% |
| Pentecostal | 4.00% | 1.89% |
| Lutheran | 1.32% | 2.81% |
| Methodist | 6.55% | 3.84% |
| Presbyterian | 1.38% | 1.33% |
| Other Christian | 2.24% | 4.66% |
| Jewish | 0.01% | 2.16% |
| Eastern | 0.03% | 0.05% |
| Islam | 0.19% | 0.54% |
41.47% of the people in Panama City (zip 32408), FL are religious, meaning they affiliate with a religion. 4.74% are Catholic; 33.24% are Protestant; 1.02% are LDS; 2.24% are another Christian faith; 0.01% in Panama City (zip 32408), FL are Jewish; 0.03% are an eastern faith; 0.19% affilitates with Islam.
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Voting
28.08% of the people in Panama City (zip 32408), FL are registered as Democrats. 71.18% are registered Republican. Remaining are independent: 0.74%.
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