Panama City, FL — income, home value, property tax, and sales tax.
In ZIP code 32456, near Panama City, households earn a median of $64,681, with per-capita income at $50,424. Homes here carry a median value of $378,500, and the county-level property tax rate of 0.63% translates to a yearly bill that's a smaller share of income than many coastal markets see. Sales taxes combine to 7.00%, adding a bit to everyday purchases. Together, these figures sketch a place where housing costs run above what incomes alone might imply, though the property tax rate softens that gap somewhat.
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