ZIP 32408 vs ZIP 32401

This side-by-side compares ZIP 32408 (Panama City, FL) and ZIP 32401 (Panama City, FL) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 32408 has a population of 15,352 at 562 people per square mile, while ZIP 32401 has 22,647 at 817 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 32408 reports a median household income of $80,822 against $52,523 in ZIP 32401, with per-capita income of $50,125 vs $37,460. The share of adults holding a bachelor's degree or higher is 35.8% in 32408 and 21.1% in 32401. Poverty rate reads 9.7% vs 16.3%, and unemployment 2.8% vs 7.1% — 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 $382,300 in 32408 versus $230,500 in 32401, with median rent of $1,584 and $1,152 per month respectively. Homeownership rate is 63.0% vs 60.3%. 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.