ZIP comparison · Panama City-Panama City Beach, FL
32407 vs 32408
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 | ZIP32407Panama City Beach, FL | ZIP32408Upper Grand Lagoon CDP, FL |
|---|---|---|
| Home value | ||
| Typical home value | Better: $397,705 | $368,989 |
| 1-year appreciation | -5.0% | Better: -4.9% |
| 5-year CAGR | +3.8% | Better: +4.1% |
| 10-year CAGR | +5.7% | Better: +6.1% |
| Rent & investment | ||
| Monthly rent | Better: $1,602 | $1,776 |
| Gross yield | 4.8% | Better: 5.8% |
| Cap rate | 2.9% | Better: 3.5% |
| Property tax | ||
| Effective tax rate | 0.6% | Better: 0.6% |
| Typical annual tax | $2,402 | Better: $2,172 |
| Demographics | ||
| Population | 16,404 | 18,832 |
| Median household income | Better: $80,831 | $80,822 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | +2,172 | +2,172 |
| Schools | ||
| Public schools | 4 | 1 |
| Students enrolled | 3,689 | 634 |