ZIP 32404 — Housing & Real Estate

To comfortably buy a median-priced home in ZIP 32404 in Panama City city, FL, a household would need roughly $66,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,540. That is roughly in line with the local median household income ($72,208). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.