ZIP Code 32405

In Panama City's 32405 ZIP code, homes carry a median value of $279,900, and the county-level property tax rate of 0.58% works out to roughly $1,623 a year for a house at that price. With median household income at $73,373 and per-capita income at $39,376, that levy takes a smaller share of earnings than in many Florida markets. A 7.00% combined sales tax applies to purchases, adding to the overall cost of living. Together, these figures sketch a market where homeownership stays within reach for many working households.