ZIP comparison · Panama City-Panama City Beach, FL
32408 vs 32409
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 | ZIP32408Upper Grand Lagoon CDP, FL | ZIP32409Lynn Haven, FL |
|---|---|---|
| Home value | ||
| Typical home value | $368,989 | Better: $372,189 |
| 1-year appreciation | -4.9% | Better: +1.4% |
| 5-year CAGR | +4.1% | Better: +5.3% |
| 10-year CAGR | +6.1% | Better: +6.1% |
| Rent & investment | ||
| Monthly rent | $1,776 | — |
| Gross yield | 5.8% | — |
| Cap rate | 3.5% | — |
| Property tax | ||
| Effective tax rate | 0.6% | Better: 0.5% |
| Typical annual tax | $2,172 | Better: $1,978 |
| Demographics | ||
| Population | 18,832 | 11,113 |
| Median household income | Better: $80,822 | $64,516 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | +2,172 | +2,172 |
| Schools | ||
| Public schools | 1 | 2 |
| Students enrolled | 634 | 2,151 |