ZIP Code 32409

In ZIP code 32409, near Panama City, homes carry a median value of $275,700, and the county-level property tax rate of 0.58% translates to roughly $1,599 annually for a home at that price. With median household income at $64,516, that tax bill equals about 2.5% of yearly earnings, a share many homeowners can absorb without straining other expenses. Per-capita income sits at $33,569. A combined sales tax of 7.00% adds to everyday costs, though the property tax itself stays contained against local incomes and home values.