32408 Map

32408 Income Statistics

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Comparison to Surrounding Areas

32408 Median Household Income

The median household income ($72,322) for 32408 is less than the median household income for 32407 ($79,052), Lower Grand Lagoon CDP ($77,639), Panama City Beach city ($78,921), and Upper Grand Lagoon CDP ($73,438). But it's more than 32401 ($49,901), 32405 ($71,002), and Bay County ($70,188).

32408$72,322
Lower Grand Lagoon CDP$77,639
Panama City Beach city$78,921
Upper Grand Lagoon CDP$73,438
Bay County$70,188

32408 Average Household Income

The average household income ($103,976) for 32408 is less than the average household income for 32407 ($109,657), Panama City Beach city ($110,540), and Upper Grand Lagoon CDP ($105,414). But it's more than 32401 ($72,259), 32405 ($89,894), Bay County ($92,641), and Lower Grand Lagoon CDP ($99,295).

32408$103,976
Lower Grand Lagoon CDP$99,295
Panama City Beach city$110,540
Upper Grand Lagoon CDP$105,414
Bay County$92,641

32408 Per-Capita Income

The per-capita income for 32408 is $50,565. The per capita income ($50,565) for 32408 is less than the per capita income for Lower Grand Lagoon CDP ($54,357) and Panama City Beach city ($50,766). But it's more than 32401 ($34,320), 32405 ($37,459), 32407 ($46,939), Bay County ($38,856), and Upper Grand Lagoon CDP ($47,671).

32408$50,565
Lower Grand Lagoon CDP$54,357
Panama City Beach city$50,766
Upper Grand Lagoon CDP$47,671
Bay County$38,856

32408 High Income Households

11.8% of households make over $200,000 a year. The percent high income households (11.8%) for 32408 is less than the percent high income households for 32407 (13.8%), Lower Grand Lagoon CDP (12.3%), Panama City Beach city (12.8%), and Upper Grand Lagoon CDP (12.3%). But it's more than 32401 (5.0%), 32405 (6.2%), and Bay County (8.2%).

3240811.8%
Lower Grand Lagoon CDP12.3%
Panama City Beach city12.8%
Upper Grand Lagoon CDP12.3%
Bay County8.2%

32408 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
32408$-1$61,528$84,524$66,084
Lower Grand Lagoon CDP$-1$58,750$83,954$72,000
Panama City Beach city$55,288$93,005$80,278$65,545
Upper Grand Lagoon CDP$-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 32408 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+
32408+/-$8,627+/-$8,023+/-$4,064+/-2.6%+/-$-1+/-$10,714+/-$8,373+/-$9,953
Lower Grand Lagoon CDP+/-$13,786+/-$11,288+/-$5,644+/-4.9%+/-$-1+/-$21,183+/-$3,692+/-$31,478
Panama City Beach city+/-$2,545+/-$8,871+/-$4,348+/-2.7%+/-$45,844+/-$19,574+/-$4,490+/-$13,220
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