ZIP 32401 vs ZIP 32405

This side-by-side compares ZIP 32401 (Panama City, FL) and ZIP 32405 (Panama City, FL) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 32401 has a population of 22,647 at 817 people per square mile, while ZIP 32405 has 29,980 at 609 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 32401 reports a median household income of $52,523 against $73,373 in ZIP 32405, with per-capita income of $37,460 vs $39,376. The share of adults holding a bachelor's degree or higher is 21.1% in 32401 and 30.8% in 32405. Poverty rate reads 16.3% vs 16.7%, and unemployment 7.1% vs 2.5% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $230,500 in 32401 versus $279,900 in 32405, with median rent of $1,152 and $1,467 per month respectively. Homeownership rate is 60.3% vs 59.5%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.