Comparison to Surrounding Areas
The median household income ($80,822) for 32408 is less than the median household income for 32407 ($80,831), Panama City Beach city ($80,941), and Upper Grand Lagoon CDP ($82,157). But it's more than 32401 ($52,523), 32405 ($73,373), Bay County ($73,533), and Lower Grand Lagoon CDP ($74,044).
| 32408 | $80,822 |
| Lower Grand Lagoon CDP | $74,044 |
| Panama City Beach city | $80,941 |
| Upper Grand Lagoon CDP | $82,157 |
| Bay County | $73,533 |
Get Median Household Income for all Zip Codes in Florida.
The average household income ($104,662) for 32408 is less than the average household income for 32407 ($111,448), Panama City Beach city ($112,821), and Upper Grand Lagoon CDP ($109,614). But it's more than 32401 ($79,622), 32405 ($94,902), Bay County ($96,618), and Lower Grand Lagoon CDP ($96,207).
| 32408 | $104,662 |
| Lower Grand Lagoon CDP | $96,207 |
| Panama City Beach city | $112,821 |
| 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 32408 is $50,125. The per capita income ($50,125) for 32408 is less than the per capita income for Lower Grand Lagoon CDP ($51,952) and Panama City Beach city ($52,188). But it's more than 32401 ($37,460), 32405 ($39,376), 32407 ($47,494), Bay County ($40,782), and Upper Grand Lagoon CDP ($49,446).
| 32408 | $50,125 |
| Lower Grand Lagoon CDP | $51,952 |
| Panama City Beach city | $52,188 |
| Upper Grand Lagoon CDP | $49,446 |
| Bay County | $40,782 |
Get Per-Capita Income for all Zip Codes in Florida.
11.2% of households make over $200,000 a year. The percent high income households (11.2%) for 32408 is less than the percent high income households for 32407 (14.4%), Lower Grand Lagoon CDP (12.1%), Panama City Beach city (12.7%), and Upper Grand Lagoon CDP (12.6%). But it's more than 32401 (6.1%), 32405 (8.6%), and Bay County (9.2%).
| 32408 | 11.2% |
| Lower Grand Lagoon CDP | 12.1% |
| Panama City Beach city | 12.7% |
| 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 | |
|---|---|---|---|---|
| 32408 | $-1 | $71,918 | $87,289 | $71,219 |
| Lower Grand Lagoon CDP | $-1 | $58,542 | $84,338 | $84,327 |
| Panama City Beach city | $-1 | $83,055 | $85,747 | $59,884 |
| 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 32408 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+ | |||||
| 32408 | +/-$5,586 | +/-$7,696 | +/-$3,500 | +/-2.6% | +/-$-1 | +/-$20,597 | +/-$13,932 | +/-$8,040 |
| Lower Grand Lagoon CDP | +/-$17,926 | +/-$9,776 | +/-$5,029 | +/-5.1% | +/-$-1 | +/-$22,948 | +/-$18,466 | +/-$27,710 |
| Panama City Beach city | +/-$2,656 | +/-$10,331 | +/-$5,204 | +/-2.8% | +/-$-1 | +/-$7,573 | +/-$21,473 | +/-$19,770 |
| 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 |