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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 |
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 |
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 |
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%).
| 32401 | 3.9% |
| Cedar Grove CDP | 0.6% |
| Panama City city | 5.4% |
| Springfield city | 1.1% |
| Upper Grand Lagoon CDP | 9.6% |
| Bay County | 6.8% |
| 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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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. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.
| 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 |
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