ZIP Code 32404

Households in ZIP code 32404, near Panama City, report a median income of $74,708, while per-capita income sits at $34,098. A median home value of $273,500 pairs with an effective county property tax rate of 0.58%, so annual property taxes on a home at that value would run somewhat above $1,500. Sales tax applies at a combined 7.00% on purchases. Together, these figures sketch a straightforward cost picture: income levels that support homeownership, a property tax that takes a thin slice of home value each year, and a sales tax rate that adds to the price of everyday goods.