ZIP Code 32462

In ZIP code 32462, near Panama City, households bring in a median of $50,662 a year, with per-capita income at $26,614. A median home value of $179,200 pairs with a county property tax rate of 0.46%, so annual property taxes on such a home come to roughly $824. Sales tax in the area totals 7.50%, which adds to the cost of everyday purchases. Between housing costs, taxes, and daily spending, the income level here leaves room to cover essentials, though larger purchases and savings goals will require careful planning for many households.