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Panama City · Bay County · FL
Population
29,336
Median household income
$71,002
Median home value
$255,100
Homeownership rate
59.8%
Housing tenure
Owner-occupied 59.8% · Renter-occupied 40.2%
59.8% own
Benchmarks use Census ACS data across 12 ZIP codes in Bay County.
Median home value
20% below the county averageMedian household income
6% below the county averageHomeownership rate
9% below the county averageSee how ZIP 32405 stacks up against neighboring areas by median home value and income.
Source: U.S. Census Bureau ACS 5-year estimates · Data as of Sep 2026
Population
31,625
Median household income
$68,511
Median home value
$324,280
Median age
38
Households
12,860
Owner occupied
63.8%
Renter occupied
36.2%
Typical year built
1993
High school
27.4%
Associate degree
12.0%
Bachelor's degree
19.1%
Graduate degree
11.5%
Homes sold (12 mo.)
554
Median sale price
$333,235
Median $/sq ft
$175/sq ft
UNIVERSITY ACADEMY SABL INC
Elementary · 0.8 mi
NEW HORIZONS LEARNING CENTER
High · 1.4 mi
NORTHSIDE ELEMENTARY SCHOOL
Elementary · 1.5 mi
A. CRAWFORD MOSLEY HIGH SCHOOL
High · 1.5 mi
MOWAT MIDDLE SCHOOL
High · 1.8 mi
Current MLS market statistics for active listings in this area.
| Active listings | 24 |
|---|---|
| New listings last 30 days | 2 |
| Median list price | $332,500 |
| Median price per sq ft | $222 |
| List price range | $266,470 - $647,800 |
| Median bedrooms | 3 |
| Median bathrooms | 2 |
| Median living area | 2,041 sq ft |