Panama City, FL · standard
ZIP Code 32403
Bay County, Florida - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,995
- 26/sq mi Moderate-density area
- $118,594
- Median income Above-median income area
- 35.6%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Panama City pairs a top-decile household income, in a rural, renter-heavy area.
- Top 10%
- household income, US ZIPs
- 26
- people per sq mi
- 0%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 32403 against every reporting US ZIP.
ZIP code 32403 covers 114.3 square miles in Panama City, Bay County, Florida (a standard USPS delivery area), with a modest 2,995 residents on file, a density of 26 people per square mile, in the Chicago time zone.
ZIP 32403 skews affluent, with a median household income of $118,594 (54% above the average Florida ZIP), while per-capita income is $34,919. Both reported hardship measures are comparatively low in absolute terms: poverty is 4.3% and unemployment is 2.7%. The ACS does not report a median home value for this ZIP, so housing cost context is limited to the available tenure and rent fields.
A solid share of residents have a four-year degree: 35.6% of adults hold a bachelor's degree or higher, the median age is 23.3, and the average commute is -. The page also surfaces 4 ZIP codes within roughly 10 miles and 6 more in Bay County, so 32403 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 32403
Top 5 sectors by establishment count in Panama City, FL
Which industries have the most business establishments in ZIP 32403.
- Professional, scientific, and technical services
Professional, scientific, and technical services
18 establishments
- Transportation and warehousing 3
Transportation and warehousing
3 establishments
- Administrative and support and waste management and remediation services 3
Administrative and support and waste management and remediation services
3 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 32403, Panama City, FL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
2,995
Population
114.3
Area (sq mi)
26
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 32403?
23.3
Median Age
66.4%
Male
33.6%
Female
9.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$118,594
Median Household Income
+54% vs state ZIP avg
$34,919
Per Capita Income
4.3%
Poverty Rate
2.7%
Unemployment Rate
How ZIP 32403 ranks among Florida ZIPs
Panama City, FL household income vs. every Florida ZIP code
Median household income among 946 reporting Florida ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$118,594 Top 7% higher than 93% of 946 Florida ZIPs
Each bar is a $20K-wide band; taller bars hold more Florida ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
104housing units
104
Total Housing Units
71
Occupied Units
33
Vacant Units
3.30
Avg Household Size
Occupancy Type
$2,422
Median Rent
2009
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 37 business establishments in ZIP 32403, employing approximately 421 people with a combined annual payroll of $32,358,000.
37
Businesses
421
Employees
$32.4M
Annual Payroll
3
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 18 | 48.6% |
| Transportation and warehousing | 3 | 8.1% |
| Administrative and support and waste management and remediation services | 3 | 8.1% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 32403 vs 32410 →
ZIP 32403 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 32404
Panama City (32404)
38,425 residents
- 32405
Panama City (32405)
29,980 residents
- 32401
Panama City (32401)
22,647 residents
- 32403 2,995
Panama City (32403)
2,995 residents
- 32410 740
Mexico Beach (32410)
740 residents
What this shows Among its immediate neighbors, ZIP 32403 ranks #4 by population - useful context the national average alone can't give.
ZIP 32403 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 32403
Panama City (32403)
$118,594 median income
- 32404
Panama City (32404)
$74,708 median income
- 32405
Panama City (32405)
$73,373 median income
- 32410
Mexico Beach (32410)
$63,606 median income
- 32401
Panama City (32401)
$52,523 median income
What this shows By household income, ZIP 32403 ranks the highest of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 32403, both outside FL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (2,995 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Bay County
Related Areas
Frequently Asked Questions
What county is ZIP code 32403 in?
ZIP code 32403 (Panama City) is located in Bay County, Florida. Bay County contains multiple ZIP codes, see the full list at /counties/bay-fl.
What is the population of ZIP code 32403?
ZIP code 32403 in Panama City, FL has a population of 2,995 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 32403?
The median household income in ZIP 32403 is $118,594, which is 55% above the national average of $76,288.
What is the demographic makeup of ZIP 32403?
The largest racial group in ZIP 32403 is White at 46.3%. Hispanic or Latino residents make up 29.8% of the population.
How many businesses are in ZIP code 32403?
ZIP code 32403 has 37 business establishments employing approximately 421 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 32403?
The top industries by establishment count in ZIP 32403 are: Professional, scientific, and technical services (18), Transportation and warehousing (3), Administrative and support and waste management and remediation services (3). There are 3 industry sectors represented in total.
What is the education level in ZIP code 32403?
In ZIP code 32403, 66.9% of residents aged 25+ have a high school diploma or higher, and 35.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the poverty rate in ZIP code 32403?
The poverty rate in ZIP code 32403 is 4.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 32403's numbers, next.
- See how ZIP 32403 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Panama City, FL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.