Panama City (zip 32405), Florida 

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Population

29,589

+8.5% since 2020

Unemployment Rate

5.3%

Median Income

$41,854

Median Home Price

$217,100

Median Age

38.2

Comfort Index (Climate)

3.1 / 8.1

summer / winter

FL Gifts

Best Places to Live in Panama City (zip 32405), Florida

Beach town/Military town - Florida Panhandle on the Gulf Coast. October, April and November are the most pleasant months in the 32405 zip code, while July and August are the least comfortable months.

Panama City, FL Housing Market
Lowest Priced HomesHOMES UNDER $250,000
Most Expensive ListingsHOMES $250,001 to $500,000
Largest HomesHOMES $500,001 to $750,000
Median Priced HomesHOMES $750,001 to $1,000,000
Pros
Water recreation
Future job growth
Attractive beaches
Cons
Crime rates
Tourist sprawl
Isolation


What Bert Has To Say About Panama City Metro Area

Panama City is one of the more popular beach cities in the Florida Panhandle. The area has large white-sand beaches, particularly to the northwest in Panama City Beach (a separate city). Panama City Beach is a spring-break destination with a substantial tourist-oriented infrastructure including amusement parks. Its 1950’s-style beach strip appearance reflects its mostly lower-middle class clientele. The beaches themselves and the water are very attractive and create a prime destination for watersports enthusiasts. Nearby ocean currents support abundant marine life, and fishing and diving are popular.


QUICK FACTS

Real Estate: See Homes
Country: United States
State: Florida
County: Bay County
Metro Area: Panama City Metro Area
Political Ideology: Strongly conservative
City: Panama City
Zip Codes: Panama City (zip 32405)
Time zone: Eastern Standard Time (EST)
Elevation: 112 ft above sea level

Highlights

ECONOMY
The unemployment rate in Panama City (zip 32405) is 5.3% (U.S. avg. is 6.0%). Recent job growth is Positive. Panama City (zip 32405) jobs have increased by 2.0%. More Economy

COST OF LIVING
Compared to the rest of the country, Panama City (zip 32405)'s cost of living is 11.3% lower than the U.S. average. More Cost of Living or Compare Panama City (zip 32405)'s Cost of Living

WEATHER & CLIMATE
#WeatherDataText# Today's Weather | Climate Averages

VOTING
In the last Presidential election, Bay county remained overwhelmingly Republican, 70.9% to 27.5%. More Voting Stats

POPULATION
Panama City (zip 32405)'s population is 29,589 people. Since 2020, it has had a population growth of 8.5%. Learn More...

TRANSPORTATION
Average Commute time is 20.2 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Panama City (zip 32405) is Real Estate: $217,100. Home appreciation the last 10 years has been 10.5%.

SCHOOLS
Panama City (zip 32405) public schools spend $8,488 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Panama City (zip 32405). More Education



Best Places to Live in Panama City Rankings


Housing Market in Panama City

It's a good time to buy in Panama City. Home Appreciation is up 9.9% in the last 12 months.
The median home price in Panama City is $217,100.

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MAPS OF PANAMA CITY (ZIP 32405), FLORIDA
Panama_City,Florida County Map
ZIP CODES IN PANAMA CITY (ZIP 32405), FLORIDA
Panama City (zip 32405)

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