Panama City, FL — income, home value, property tax, and sales tax.
In ZIP code 32428, near Panama City, households earn a median of $57,493, or $26,681 per person. A median home is valued at $179,400, and the county's 0.46% effective property tax rate works out to a comparatively small annual bill on that price. Sales tax adds 7.50% to purchases in the area. Together, these figures sketch a cost picture shaped less by property taxes than by everyday spending, with income and home values sitting below many Florida metro areas.
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