ZIP Code 32447 — undefined, undefined Demographics & Data

ZIP code 32447 covers ZIP 32447 with a population of about 3,826.

At a glance, the area shows median age of 40.1 (near the U.S. median).

It sits in the PANAMA CITY media market.

ZIP 32447 sits in a university / college context (near chipola college (2.4 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 32447 is about $52,576 — about 30% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.0%; unemployment rate near 0.6%; 21.1% of adults with a bachelor’s degree or higher (about 12.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Public administration, Healthcare, and Retail trade; about 3.5% of workers reporting work-from-home (about 11.7 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 $132,100 — about 62% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $707 (about 39% below the U.S. median rent ($1,163)), and owner-occupancy near 63.0% (about 2.4 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 32447, a household would need roughly $36,000 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 $849. That sits below the local median household income ($52,576), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for ZIP 32447 show little to no average snow and around 51.1 inches of annual precipitation.