ZIP Code 32408

Households in ZIP code 32408, part of the Panama City area, report a median income of $80,822, while per-person income averages $50,125. A median home value of $382,300 pairs with a county property tax rate of 0.58%, a combination that keeps annual housing-related taxes lower than many Florida markets. Sales tax across the area totals 7.00%, applied to everyday purchases. Together these figures sketch a local economy where earnings are solid, home prices run above the national midpoint, and the tax structure leans on consumption rather than property levies to fund services.