ZIP comparison · Panama City-Panama City Beach, FL
32404 vs 32405
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 | ZIP32404Panama City, FL | ZIP32405Panama City, FL |
|---|---|---|
| Home value | ||
| Typical home value | $285,214 | Better: $292,529 |
| 1-year appreciation | Better: +0.4% | -0.2% |
| 5-year CAGR | Better: +4.8% | +4.6% |
| 10-year CAGR | +5.8% | Better: +6.0% |
| Rent & investment | ||
| Monthly rent | $1,756 | Better: $1,620 |
| Gross yield | Better: 7.4% | 6.6% |
| Cap rate | Better: 4.4% | 4.0% |
| Property tax | ||
| Effective tax rate | Better: 0.6% | 0.7% |
| Typical annual tax | Better: $1,691 | $1,956 |
| Demographics | ||
| Population | 42,514 | 29,984 |
| Median household income | Better: $74,708 | $73,373 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | +2,172 | +2,172 |
| Schools | ||
| Public schools | 8 | 10 |
| Students enrolled | 5,258 | 4,725 |