32401 Map

32401 Income Statistics

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Comparison to Surrounding Areas

32401 Median Household Income

The median household income ($49,901) for 32401 is less than the median household income for 32408 ($72,322), 32403 ($61,500), 32404 ($72,208), 32405 ($71,002), 32407 ($79,052), Bay County ($70,188), Panama City city ($61,125), Springfield city ($51,640), and Upper Grand Lagoon CDP ($73,438). But it's more than Cedar Grove CDP ($44,202).

32401$49,901
Cedar Grove CDP$44,202
Panama City city$61,125
Springfield city$51,640
Upper Grand Lagoon CDP$73,438
Bay County$70,188

32401 Average Household Income

The average household income ($72,259) for 32401 is less than the average household income for 32408 ($103,976), 32404 ($84,988), 32405 ($89,894), 32407 ($109,657), 32403 ($77,443), Bay County ($92,641), Panama City city ($84,206), and Upper Grand Lagoon CDP ($105,414). But it's more than Cedar Grove CDP ($58,985) and Springfield city ($65,749).

32401$72,259
Cedar Grove CDP$58,985
Panama City city$84,206
Springfield city$65,749
Upper Grand Lagoon CDP$105,414
Bay County$92,641

32401 Per-Capita Income

The per-capita income for 32401 is $34,320. The per capita income ($34,320) for 32401 is less than the per capita income for 32405 ($37,459), 32407 ($46,939), 32408 ($50,565), Bay County ($38,856), Panama City city ($36,398), and Upper Grand Lagoon CDP ($47,671). But it's more than 32403 ($26,918), 32404 ($32,265), Cedar Grove CDP ($23,821), and Springfield city ($27,476).

32401$34,320
Cedar Grove CDP$23,821
Panama City city$36,398
Springfield city$27,476
Upper Grand Lagoon CDP$47,671
Bay County$38,856

32401 High Income Households

5% of households make over $200,000 a year. The percent high income households (5.0%) for 32401 is less than the percent high income households for 32404 (5.7%), 32405 (6.2%), 32407 (13.8%), 32408 (11.8%), Bay County (8.2%), Panama City city (6.5%), and Upper Grand Lagoon CDP (12.3%). But it's more than 32403 (0.0%), Cedar Grove CDP (0.6%), and Springfield city (4.5%).

324015.0%
Cedar Grove CDP0.6%
Panama City city6.5%
Springfield city4.5%
Upper Grand Lagoon CDP12.3%
Bay County8.2%

32401 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
32401$34,444$55,893$49,959$43,681
Cedar Grove CDP$-1$67,188$39,401$30,387
Panama City city$67,832$67,880$62,218$48,859
Springfield city$66,799$59,750$47,775$50,945
Upper Grand Lagoon CDP$-1$61,481$91,986$63,068
Bay County$54,406$70,945$79,445$59,680

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 32401 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
32401+/-$3,512+/-$9,085+/-$4,419+/-1.5%+/-$22,431+/-$12,359+/-$8,293+/-$6,981
Cedar Grove CDP+/-$13,405+/-$11,076+/-$3,277+/-1.0%+/-$-1+/-$47,230+/-$17,998+/-$7,767
Panama City city+/-$3,004+/-$6,743+/-$2,809+/-1.3%+/-$37,433+/-$11,155+/-$8,604+/-$5,066
Springfield city+/-$6,441+/-$7,151+/-$2,617+/-3.1%+/-$13,499+/-$21,917+/-$5,085+/-$8,255
Upper Grand Lagoon CDP+/-$8,371+/-$8,658+/-$4,123+/-2.9%+/-$-1+/-$12,075+/-$16,815+/-$11,741
Bay County+/-$1,921+/-$2,719+/-$1,066+/-0.8%+/-$8,436+/-$3,952+/-$4,264+/-$3,047