The ZIP Code 32405 is associated with the city of Panama City in Florida in Bay County in the U.S. The median household income is approximately $50,749, and an estimated 12% of the population is living below the poverty line. The median age in 32405 is estimated to at 38.9 years, and about 20.6% of residents are aged 62 years and older. Approximately 25.9% of residents in this Florida region have a bachelor's degree or higher, and the per capita income is an estimated $27,605. The current population estimate is 32,239.
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Looking at race in the population that makes up ZIP Code 32405, 95.8% is one race, while 4.2% are two or more races. Approximately 8.2% of 32405 residents are hispanic or Latino (of any race). The most common race in 32405 (race alone or in combination with one or more other races), is White (81.9%), followed by Black or African American (15.6%) .
| Industry | Percent |
|---|---|
| White | 81.9% |
| Black or African American | 15.6% |
| American Indian and Alaska Native | 1.2% |
| Asian | 3.2% |
| Native Hawaiian and Other Pacific Islander | 0.2% |
| Some other race | 2.2% |
The median household income in ZIP Code 32405 is $50,749, while the region's mean household income is $66,558. Breaking income down further, per capita income in the region is $27,605. The per capita income in ZIP Code 32405 of $27,605 is approximately 12.69% less than the per capita income in the U.S. overall of $31,619. An estimated 11.7% of the population is living below the poverty line in this region. This rate is approximately23.16% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 16.4% of the population in 32405 earn $50,000 to $74,999 per year, while an estimated 15.8% earn $75,000 to $99,999 per year, and 2.8% of 32405 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 7.4% |
| $10,000 to $14,999 per year | 7.4% |
| $15,000 to $24,999 per year | 10.8% |
| $25,000 to $34,999 per year | 9.9% |
| $35,000 to $49,999 per year | 13.7% |
| $50,000 to $74,999 per year | 16.4% |
| $75,000 to $99,999 per year | 15.8% |
| $100,000 to $149,999 per year | 11.6% |
| $150,000 to $199,999 per year | 4.2% |
| $200,000 or more per year | 2.8% |
In ZIP Code 32405, 92.3% of the population graduated high school, while 25.9% have a bachelor's degree or higher. In this region, 2.6% achieved an education level less than 9th grade, while 10.1% hold a graduate or professional degree. Approximately 32.7% in this Bay County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.6% |
| 9th to 12th grade, no diploma | 5.2% |
| High school graduate (includes equivalency) | 32.7% |
| Some college, no degree | 22.2% |
| Associate's degree | 11.4% |
| Bachelor's degree | 15.8% |
| Graduate or professional degree | 10.1% |
Residents of ZIP Code 32405 are older than average. The median age of 38.9 years in ZIP Code 32405 is approximately 2.1% higher than the overall median age in the U.S. of 38.1 years. About 77.5% of residents are aged 18 years and older, and 20.6% of residents are 62 years and over. Approximately 14.5% of the population in 32405 falls in the age group 25 to 34 years, while an estimated 13.2% are aged 45 to 54 years. On the low end of the scale, 3.1% of 32405 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 7.2% |
| 5 to 9 years | 6.0% |
| 10 to 14 years | 6.3% |
| 15 to 19 years | 4.7% |
| 20 to 24 years | 5.7% |
| 25 to 34 years | 14.5% |
| 35 to 44 years | 13.1% |
| 45 to 54 years | 13.2% |
| 55 to 59 years | 6.7% |
| 60 to 64 years | 4.9% |
| 65 to 74 years | 9.4% |
| 75 to 84 years | 5.2% |
| 85 years and over | 3.1% |
In ZIP Code 32405, 90.2% of the population lists "English only" as the language spoken in home, while 6.0% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 1.6% of homes, and other Indo-European languages are spoken in 0.9% of homes. Lastly, 1.3% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Bay County region.
| Language Spoken | Percent |
|---|---|
| English only | 90.2% |
| Spanish | 6.0% |
| Other Indo-European languages | 1.6% |
| Asian and Pacific Islander languages | 0.9% |
| Other languages | 1.3% |
Regarding the age of homes in ZIP Code 32405, an estimated 21.6% of homes were built between 1980 and 1989. Additionally, 19.6% of homes in the region were built between 1990 and 1999, while an estimated 0.8% of homes were built in 1939 or earlier in this Bay County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.4% |
| Built between 2010 and 2013 | 2.4% |
| Built between 2000 and 2009 | 14.9% |
| Built between 1990 and 1999 | 19.6% |
| Built between 1980 and 1989 | 21.6% |
| Built between 1970 and 1979 | 19.0% |
| Built between 1960 and 1969 | 8.6% |
| Built between 1950 and 1959 | 8.7% |
| Built between 1940 and 1949 | 3.0% |
| Built in 1939 or earlier | 0.8% |
In 32405, 61.1% of the population is in the labor force. Recent estimates place 2.3% as working from home, while the total labor force in the region has a mean travel to time to work of 21.9 minutes. Approximately 20.5% of the employed population 16 years and over in 32405 work in educational services, and health care and social assistance, while an estimated 15.4% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 0.9% of 32405 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 1.1% |
| Construction | 5.3% |
| Manufacturing | 6.6% |
| Wholesale trade | 1.5% |
| Retail trade | 13.3% |
| Transportation and warehousing, and utilities | 4.8% |
| Information | 0.9% |
| Finance and insurance, and real estate and rental and leasing | 4.9% |
| Professional, scientific, management, and administrative | 12.1% |
| Educational services, and health care and social assistance | 20.5% |
| Arts, entertainment, and recreation, and accommodation and food services | 15.4% |
| Other services, except public administration | 4.7% |
| Public administration | 8.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 32405 is current access to health insurance, as an estimated 84.7% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 32405 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 84.7% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 32405 has an average daily solar radiation level of 5.6 kWh/m2/day. This is approximately 35.92% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 15.02% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 32405 | 12.06¢/kWh | 10.16¢/kWh | 8.14¢/kWh |
| Florida | 13.75¢/kWh | 10.5¢/kWh | 8.42¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 32405 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.91 | 1.9 | 5.84 |
| Feb | 5.26 | 3 | 6.31 |
| Mar | 6.03 | 3.65 | 7.02 |
| Apr | 6.14 | 5.13 | 7.3 |
| May | 6.04 | 5.17 | 7.13 |
| Jun | 5.48 | 5.72 | 6.95 |
| Jul | 5.23 | 6.22 | 6.51 |
| Aug | 5.47 | 6.08 | 6.65 |
| Sep | 5.78 | 5.15 | 7.02 |
| Oct | 6.32 | 3.32 | 6.92 |
| Nov | 5.86 | 2.33 | 5.99 |
| Dec | 4.67 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 32405, credit reporting or other personal consumer reports have received the most complaints in 32405 in the past 12 months. Credit reporting or credit repair services received the second most complaints. The most frequent complaint overall in this Bay County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or other personal consumer reports | 110 |
| Credit reporting or credit repair services | 77 |
| Checking or savings account | 18 |
| Debt collection | 18 |
| Credit card or prepaid card | 8 |
| Other | 17 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 121 |
| Improper use of your report | 47 |
| Problem with a credit reporting company's investigation | 13 |
| Managing an account | 12 |
| Attempts to collect debt not owed | 11 |
| Other | 44 |