Income & Economy in Panama City city, FL (32401)
Median Income
$49,901
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+823
Wealth inflow
Population
18,394
Unemployment
5.3%
1.5pp above US avg
IRS migration statistics show a net inflow of about 823 for ZIP 32401 (Panama City city, FL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 32401 (2020–Present)
Since 2020, population declined 12.6%, median income rose 5.4% (inflation-adjusted), home values increased 19.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $49,901 |
| Unemployment | 5.3% |
| Establishments | 831 |
| Employees | 11,039 |