Income & Economy in Panama City city, FL (32405)
Median Income
$71,002
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,313
Wealth inflow
Population
29,336
Unemployment
2.6%
1.1pp below US avg
IRS migration statistics show a net inflow of about 1,313 for ZIP 32405 (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 32405 (2020–Present)
Since 2020, population declined 8.0%, median income rose 3.1% (inflation-adjusted), home values increased 16.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $71,002 |
| Unemployment | 2.6% |
| Establishments | 1,209 |
| Employees | 17,402 |