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 Moderate-density area
- $64,516
- Median income Near-median income area
- $275,700
- Median home value Near-median home value
- 27.9%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
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 average Florida ZIP), while per-capita income is $33,569. The poverty rate is 15.0%, with unemployment at 5.5%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $275,700 (27% below the average Florida ZIP), and median rent is $1,409; owner occupancy is 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. The page also surfaces 4 ZIP codes within roughly 10 miles and 6 more in Bay County, so 32409 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 32409
Top 5 sectors by establishment count in Panama City, FL
Which industries have the most business establishments in ZIP 32409.
- Construction
Construction
62 establishments
- Administrative and support and waste management and remediation services 19
Administrative and support and waste management and remediation services
19 establishments
- Retail trade 18
Retail trade
18 establishments
- Transportation and warehousing 17
Transportation and warehousing
17 establishments
- Real estate and rental and leasing 16
Real estate and rental and leasing
16 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 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
Who lives in ZIP 32409?
43.8
Median Age
47.7%
Male
52.3%
Female
4.0%
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?
$64,516
Median Household Income
-16% vs state ZIP avg
$33,569
Per Capita Income
15.0%
Poverty Rate
5.5%
Unemployment Rate
30.0 min
Mean Commute Time
How ZIP 32409 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)
$64,516 35th percentile higher than 35% 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
4,522housing units
4,522
Total Housing Units
4,117
Occupied Units
405
Vacant Units
2.70
Avg Household Size
Occupancy Type
$275,700
Median Home Value
-27% vs state ZIP avg
$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.
- 32405
Panama City (32405)
29,980 residents
- 32444
Lynn Haven (32444)
18,985 residents
- 32407 9,347
Panama City Beach (32407)
9,347 residents
- 32409 8,691
Panama City (32409)
8,691 residents
- 32466 5,641
Youngstown (32466)
5,641 residents
What this shows Among its immediate neighbors, ZIP 32409 ranks #4 by population - useful context the national average alone can't give.
ZIP 32409 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 32444
Lynn Haven (32444)
$83,160 median income
- 32407
Panama City Beach (32407)
$80,831 median income
- 32405
Panama City (32405)
$73,373 median income
- 32409
Panama City (32409)
$64,516 median income
- 32466
Youngstown (32466)
$60,337 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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 32409, 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 (8,691 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 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.
Related
Take this with you
What to do with ZIP 32409's numbers, next.
- See how ZIP 32409 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.