32413 Panama City Beach, FL, has some of the most beautiful beaches in the world and is a popular tourist destination. This area of Florida is known for its idyllic climate and vibrant culture. In terms of housing affordability, the 2 bedroom rent in this area is $1,300 while the US average for 2 bedroom rent is $1,430. Additionally, the Grocery Cost Index in this area is 103 versus 100 in the US which proves that this location offers a lower cost of living than other areas of Florida.
This area of Florida offers plenty to do for both residents and visitors alike. Tourists often visit local attractions like Gulf World Marine Park and Shipwreck Island Waterpark as well as iconic restaurants like The Grand Marlin or Firefly Restaurant & Bar. Those looking to stay active can play golf at Camp Creek Golf Club or enjoy outdoor activities at St Andrews State Park. Local companies include U-Haul Moving & Storage at Southport and Coastal Ready Mix Concrete Company Incorporated.
Panama City Beach (zip 32413) has an unemployment rate of 4.5%. The US average is 6.0%.
Panama City Beach (zip 32413) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Panama City Beach (zip 32413)
- The Sales Tax Rate for Panama City Beach (zip 32413) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Panama City Beach (zip 32413) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Panama City Beach (zip 32413)
- The average income of a Panama City Beach (zip 32413) resident is $43,794 a year. The US average is $37,638 a year.
- The Median household income of a Panama City Beach (zip 32413) resident is $71,125 a year. The US average is $69,021 a year.