ZIP Code 32407 — Panama City Beach city, FL Demographics & Data

ZIP code 32407 covers Panama City Beach, FL in Bay County with a population of about 15,459.

At a glance, the area shows median age of 38.7 (near the U.S. median).

It sits in telephone area codes 448, 850; U.S. House district FL-2; the PANAMA CITY media market.

Panama City Beach, FL matches a tourism / travel destination profile (tourism/destination place names). Search demand here often clusters around weather, landmarks, short stays, and local services — the live 7-day forecast on this page is especially useful for trip planning.

Median household income in ZIP 32407 is about $79,052 — about 5% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.0%; unemployment rate near 3.0%; 39.8% of adults with a bachelor’s degree or higher (about 6.1 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Food services, and Public administration; about 10.5% of workers reporting work-from-home (about 4.7 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $403,500 — about 16% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,576 (about 36% above the U.S. median rent ($1,163)), and owner-occupancy near 61.0% (about 4.4 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 32407 in Panama City Beach, FL, a household would need roughly $111,000 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 $2,592. That is about 40% above the local median household income ($79,052), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Panama City Beach city, FL as Relatively Moderate (composite score 94.1), which is among the highest nationally. The strongest component scores on US5 are hurricane (98.7) and wildfire (75.7). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Panama City Beach city, FL show little to no average snow.

IRS migration statistics show a net inflow of about 692 for ZIP 32407 (Panama City Beach city, FL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.