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32408 Map

32408 Income Statistics

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Comparison to Surrounding Areas

32408 Median Household Income

The median household income ($64,561) for 32408 is less than the median household income for 32405 ($68,070), 32407 ($75,093), Bay County ($65,999), Lower Grand Lagoon CDP ($72,083), Panama City Beach city ($76,091), and Upper Grand Lagoon CDP ($64,935). But it's more than 32401 ($46,603).

32408$64,561
Lower Grand Lagoon CDP$72,083
Panama City Beach city$76,091
Upper Grand Lagoon CDP$64,935
Bay County$65,999

32408 Average Household Income

The average household income ($98,794) for 32408 is less than the average household income for 32407 ($104,354), Panama City Beach city ($105,373), and Upper Grand Lagoon CDP ($101,885). But it's more than 32401 ($66,748), 32405 ($83,419), Bay County ($88,375), and Lower Grand Lagoon CDP ($92,072).

32408$98,794
Lower Grand Lagoon CDP$92,072
Panama City Beach city$105,373
Upper Grand Lagoon CDP$101,885
Bay County$88,375

32408 Per-Capita Income

The per-capita income for 32408 is $47,649. The per capita income ($47,649) for 32408 is more than 32401 ($32,275), 32405 ($34,599), 32407 ($46,154), Bay County ($36,868), Upper Grand Lagoon CDP ($46,174), Lower Grand Lagoon CDP ($47,541), and Panama City Beach city ($47,615).

32408$47,649
Lower Grand Lagoon CDP$47,541
Panama City Beach city$47,615
Upper Grand Lagoon CDP$46,174
Bay County$36,868

32408 High Income Households

9.9% of households make over $200,000 a year. The percent high income households (9.9%) for 32408 is more than 32401 (3.9%), 32405 (5.2%), 32407 (10.0%), Bay County (6.8%), Upper Grand Lagoon CDP (9.6%), Lower Grand Lagoon CDP (9.3%), and Panama City Beach city (10.1%).

324089.9%
Lower Grand Lagoon CDP9.3%
Panama City Beach city10.1%
Upper Grand Lagoon CDP9.6%
Bay County6.8%

32408 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
32408$53,661$59,439$79,036$63,546
Lower Grand Lagoon CDP$-1$54,167$78,765$62,292
Panama City Beach city$37,300$87,629$77,110$67,569
Upper Grand Lagoon CDP$-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 32408 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+
32408+/-$4,599+/-$6,898+/-$3,882+/-2.0%+/-$29,002+/-$6,014+/-$9,424+/-$8,530
Lower Grand Lagoon CDP+/-$14,774+/-$10,205+/-$5,013+/-4.5%+/-$-1+/-$9,238+/-$6,639+/-$31,571
Panama City Beach city+/-$2,549+/-$7,441+/-$3,722+/-2.5%+/-$21,824+/-$16,013+/-$14,230+/-$6,287
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