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32401 Map

32401 Income Statistics

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Comparison to Surrounding Areas

32401 Median Household Income

The median household income ($46,603) for 32401 is less than the median household income for 32408 ($64,561), 32403 ($90,104), 32404 ($66,230), 32405 ($68,070), 32407 ($75,093), Bay County ($65,999), Panama City city ($57,221), Springfield city ($52,188), and Upper Grand Lagoon CDP ($64,935). But it's more than Cedar Grove CDP ($45,041).

32401$46,603
Cedar Grove CDP$45,041
Panama City city$57,221
Springfield city$52,188
Upper Grand Lagoon CDP$64,935
Bay County$65,999

32401 Average Household Income

The average household income ($66,748) for 32401 is less than the average household income for 32408 ($98,794), 32404 ($81,852), 32405 ($83,419), 32407 ($104,354), 32403 ($88,301), Bay County ($88,375), Panama City city ($77,946), and Upper Grand Lagoon CDP ($101,885). But it's more than Cedar Grove CDP ($55,537) and Springfield city ($60,649).

32401$66,748
Cedar Grove CDP$55,537
Panama City city$77,946
Springfield city$60,649
Upper Grand Lagoon CDP$101,885
Bay County$88,375

32401 Per-Capita Income

The per-capita income for 32401 is $32,275. The per capita income ($32,275) for 32401 is less than the per capita income for 32405 ($34,599), 32407 ($46,154), 32408 ($47,649), Bay County ($36,868), Panama City city ($33,853), and Upper Grand Lagoon CDP ($46,174). But it's more than 32403 ($26,942), 32404 ($30,515), Cedar Grove CDP ($22,324), and Springfield city ($25,345).

32401$32,275
Cedar Grove CDP$22,324
Panama City city$33,853
Springfield city$25,345
Upper Grand Lagoon CDP$46,174
Bay County$36,868

32401 High Income Households

3.9% of households make over $200,000 a year. The percent high income households (3.9%) for 32401 is more than 32408 (9.9%), 32403 (6.8%), 32404 (4.7%), 32405 (5.2%), 32407 (10.0%), Bay County (6.8%), Cedar Grove CDP (0.6%), Panama City city (5.4%), Springfield city (1.1%), and Upper Grand Lagoon CDP (9.6%).

324013.9%
Cedar Grove CDP0.6%
Panama City city5.4%
Springfield city1.1%
Upper Grand Lagoon CDP9.6%
Bay County6.8%

32401 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
32401$36,365$60,425$46,187$41,565
Cedar Grove CDP$-1$58,286$45,721$30,417
Panama City city$39,688$69,180$56,299$45,202
Springfield city$63,390$50,601$50,197$52,995
Upper Grand Lagoon CDP$-1$60,168$85,081$61,023
Bay County$49,534$67,648$73,904$57,119

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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 2022 5-year estimates. You can find this information and other demographics for 32401 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 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+/-$3,572+/-$6,644+/-$3,558+/-1.2%+/-$4,718+/-$7,753+/-$5,081+/-$4,146
Cedar Grove CDP+/-$7,682+/-$8,560+/-$2,967+/-1.0%+/-$-1+/-$26,750+/-$9,931+/-$16,414
Panama City city+/-$2,642+/-$5,708+/-$2,473+/-1.2%+/-$8,968+/-$4,675+/-$4,335+/-$4,887
Springfield city+/-$6,879+/-$6,074+/-$2,882+/-1.2%+/-$14,806+/-$9,653+/-$15,212+/-$8,105
Upper Grand Lagoon CDP+/-$5,404+/-$8,635+/-$4,468+/-2.2%+/-$-1+/-$6,261+/-$20,728+/-$13,372
Bay County+/-$2,086+/-$2,743+/-$1,146+/-0.7%+/-$10,247+/-$3,899+/-$2,160+/-$3,881