ZIP comparison · Panama City-Panama City Beach, FL
32401 vs 32428
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP32401Panama City, FL | ZIP32428Chipley, FL |
|---|---|---|
| Home value | ||
| Typical home value | $214,139 | Better: $227,329 |
| 1-year appreciation | -1.5% | Better: -1.4% |
| 5-year CAGR | Better: +5.1% | +4.7% |
| 10-year CAGR | Better: +8.2% | +8.0% |
| Rent & investment | ||
| Monthly rent | $1,636 | — |
| Gross yield | 9.2% | — |
| Cap rate | 5.5% | — |
| Property tax | ||
| Effective tax rate | 0.6% | Better: 0.5% |
| Typical annual tax | $1,309 | Better: $1,202 |
| Demographics | ||
| Population | 18,947 | 17,950 |
| Median household income | $52,523 | Better: $57,493 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Low |
| Net migration | Better: +2,172 | +117 |
| Schools | ||
| Public schools | 17 | 7 |
| Students enrolled | 5,373 | 2,026 |