PlainZIP

Panama City, FL · standard

ZIP Code 32409

Bay County, Florida - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

8,691
44/sq mi
$64,516
Median income
$275,700
Median home value
27.9%
Bachelor's or higher

The verdict

Panama City pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.

38th pct
household income, US ZIPs
Top 37%
home value, US ZIPs
44
people per sq mi
92%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 32409 against every reporting US ZIP.

ZIP code 32409 is a mid-sized community (a standard USPS delivery area) in Panama City, Bay County, Florida, home to 8,691 residents across 195.7 square miles, a density of 44 people per square mile, in the Chicago time zone.

ZIP 32409 reports a modest median household income of $64,516 (16% below the Florida average), while per-capita income is $33,569. 15.0% of residents live below the poverty line, and the unemployment rate reads 5.5%. Median home value sits at $275,700 (27% below the state average), median rent at $1,409 a month, and owner-occupancy at 92.2%.

Educational attainment sits below the national norm: 27.9% of adults hold a bachelor's degree or higher, the median age is 43.8, and the average commute is 30 minutes. To put 32409 in local context, 4 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Bay County, for a geography-aware comparison.

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 32409

Top 5 sectors by establishment count in Panama City, FL

Which industries have the most business establishments in ZIP 32409.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 32409, 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

8,691

Population

195.7

Area (sq mi)

44

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 32409?

43.8

Median Age

47.7%

Male

52.3%

Female

4.0%

Foreign-Born

White 93.6%
African American 0.0%
Asian 0.9%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.9%
Hispanic or Latino 8.2%

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?

$64,516

Median Household Income

-16% vs state

$33,569

Per Capita Income

15.0%

Poverty Rate

5.5%

Unemployment Rate

30.0 min

Mean Commute Time

How ZIP 32409 ranks nationally

Panama City, FL household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$64,516 38th percentile higher than 38% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 59.2%
Bachelor's Degree or Higher 27.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

4,522

Total Housing Units

4,117

Occupied Units

405

Vacant Units

2.70

Avg Household Size

Occupancy Type

Owner 92.2%
Renter 7.8%

$275,700

Median Home Value

-27% vs state

$1,409

Median Rent

1999

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+0.3%

YoY Change (2024)

249

HPI Index (2000 = 100)

+149%

Total Change Since 2000

Home values in ZIP 32409 have increased 0.3% over the past year (2024). Since 2000, this ZIP has seen +149% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.6% 178
2021 +14.5% 204
2022 +5.4% 215
2023 +15.5% 248
2024 +0.3% 249

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 198 business establishments in ZIP 32409, employing approximately 1,594 people with a combined annual payroll of $81,814,000.

198

Businesses

1,594

Employees

$81.8M

Annual Payroll

11

Industry Sectors

Industry Establishments % of Total
Construction 62 31.3%
Administrative and support and waste management and remediation services 19 9.6%
Retail trade 18 9.1%
Transportation and warehousing 17 8.6%
Real estate and rental and leasing 16 8.1%
Other services (except public administration) 16 8.1%
Professional, scientific, and technical services 15 7.6%
Wholesale trade 8 4.0%
Health care and social assistance 5 2.5%
Information 4 2.0%
Accommodation and food services 4 2.0%

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 32409 vs 32444 →

ZIP 32409 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 32409 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 32409 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 32409 ranks #4 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
32444 Lynn Haven, FL 18,985 7.5 mi
32405 Panama City, FL 29,980 10.2 mi
32466 Youngstown, FL 5,641 8.9 mi
32407 Panama City Beach, FL 9,347 12.9 mi

More ZIP Codes in Bay County

32404 standard
Panama City, FL
Pop: 38,425
32405 standard
Panama City, FL
Pop: 29,980
32401 standard
Panama City, FL
Pop: 22,647
32444 standard
Lynn Haven, FL
Pop: 18,985
32408 standard
Panama City, FL
Pop: 15,352
32413 standard
Panama City Beach, FL
Pop: 13,128

Related Areas

Bay County Panama City, FL Florida

Frequently Asked Questions

What county is ZIP code 32409 in? ▼
ZIP code 32409 (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 32409? ▼
ZIP code 32409 in Panama City, FL has a population of 8,691 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 32409? ▼
The median household income in ZIP 32409 is $64,516, which is 15% below the national average of $76,288.
What is the average home value in ZIP 32409? ▼
The median home value in ZIP 32409 is $275,700, which is 1% below the national average of $278,155.
What is the demographic makeup of ZIP 32409? ▼
The largest racial group in ZIP 32409 is White at 93.6%. Hispanic or Latino residents make up 8.2% of the population.
How many businesses are in ZIP code 32409? ▼
ZIP code 32409 has 198 business establishments employing approximately 1,594 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 32409? ▼
The top industries by establishment count in ZIP 32409 are: Construction (62), Administrative and support and waste management and remediation services (19), Retail trade (18). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 32409? ▼
According to the FHFA House Price Index, home values in ZIP 32409 increased by 0.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 149%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 32409? ▼
In ZIP code 32409, 59.2% of residents aged 25+ have a high school diploma or higher, and 27.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 32409? ▼
The mean commute time for workers in ZIP code 32409 is 30.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 32409? ▼
In ZIP code 32409, approximately 92.2% of occupied housing units are owner-occupied and 7.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 32409? ▼
The poverty rate in ZIP code 32409 is 15.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.