Comparison to Surrounding Areas
The median household income ($52,523) for 32401 is less than 32408 ($80,822), 32403 ($118,594), 32404 ($74,708), 32405 ($73,373), 32407 ($80,831), Bay County ($73,533), Cedar Grove CDP ($74,625), Panama City city ($62,265), Springfield city ($54,462), and Upper Grand Lagoon CDP ($82,157).
| 32401 | $52,523 |
| Cedar Grove CDP | $74,625 |
| Panama City city | $62,265 |
| Springfield city | $54,462 |
| Upper Grand Lagoon CDP | $82,157 |
| Bay County | $73,533 |
Get Median Household Income for all Zip Codes in Florida.
The average household income ($79,622) for 32401 is less than the average household income for 32408 ($104,662), 32404 ($88,935), 32405 ($94,902), 32407 ($111,448), 32403 ($120,562), Bay County ($96,618), Panama City city ($89,311), and Upper Grand Lagoon CDP ($109,614). But it's more than Cedar Grove CDP ($78,501) and Springfield city ($69,333).
| 32401 | $79,622 |
| Cedar Grove CDP | $78,501 |
| Panama City city | $89,311 |
| Springfield city | $69,333 |
| Upper Grand Lagoon CDP | $109,614 |
| Bay County | $96,618 |
Get Average Household Income for all Zip Codes in Florida.
The per-capita income for 32401 is $37,460. The per capita income ($37,460) for 32401 is less than the per capita income for 32405 ($39,376), 32407 ($47,494), 32408 ($50,125), Bay County ($40,782), Panama City city ($38,881), and Upper Grand Lagoon CDP ($49,446). But it's more than 32403 ($34,919), 32404 ($34,098), Cedar Grove CDP ($33,522), and Springfield city ($28,418).
| 32401 | $37,460 |
| Cedar Grove CDP | $33,522 |
| Panama City city | $38,881 |
| Springfield city | $28,418 |
| Upper Grand Lagoon CDP | $49,446 |
| Bay County | $40,782 |
Get Per-Capita Income for all Zip Codes in Florida.
6.1% of households make over $200,000 a year. The percent high income households (6.1%) for 32401 is less than the percent high income households for 32404 (6.9%), 32405 (8.6%), 32407 (14.4%), 32408 (11.2%), Bay County (9.2%), Panama City city (7.7%), and Upper Grand Lagoon CDP (12.6%). But it's more than 32403 (0.0%), Cedar Grove CDP (2.9%), and Springfield city (3.8%).
| 32401 | 6.1% |
| Cedar Grove CDP | 2.9% |
| Panama City city | 7.7% |
| Springfield city | 3.8% |
| Upper Grand Lagoon CDP | 12.6% |
| Bay County | 9.2% |
Get High Income Households for all Zip Codes in Florida.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 32401 | $35,341 | $58,422 | $53,706 | $48,512 |
| Cedar Grove CDP | $-1 | $93,914 | $75,909 | $33,778 |
| Panama City city | $67,727 | $65,523 | $65,976 | $50,938 |
| Springfield city | $69,536 | $71,750 | $47,094 | $58,320 |
| Upper Grand Lagoon CDP | $-1 | $76,635 | $103,688 | $69,575 |
| Bay County | $56,301 | $75,105 | $83,475 | $59,815 |
Get Median Household Income by Age of Householder for all Zip Codes in Florida.
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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 2024 5-year estimates. You can find this information and other demographics for 32401 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the 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 | +/-$3,748 | +/-$9,510 | +/-$4,203 | +/-1.9% | +/-$31,486 | +/-$16,611 | +/-$7,004 | +/-$4,939 |
| Cedar Grove CDP | +/-$17,287 | +/-$11,903 | +/-$5,057 | +/-3.8% | +/-$-1 | +/-$15,587 | +/-$29,979 | +/-$7,604 |
| Panama City city | +/-$3,031 | +/-$7,226 | +/-$2,806 | +/-1.5% | +/-$44,028 | +/-$13,049 | +/-$9,359 | +/-$4,554 |
| Springfield city | +/-$12,679 | +/-$8,896 | +/-$3,196 | +/-3.2% | +/-$21,754 | +/-$36,098 | +/-$3,802 | +/-$12,616 |
| Upper Grand Lagoon CDP | +/-$6,742 | +/-$9,602 | +/-$4,098 | +/-3.1% | +/-$-1 | +/-$29,181 | +/-$17,616 | +/-$10,019 |
| Bay County | +/-$2,046 | +/-$3,333 | +/-$1,336 | +/-1.0% | +/-$6,260 | +/-$3,387 | +/-$4,828 | +/-$2,796 |