ZIP Code 32401 — Panama City, FL
IRS Income Data, Tax Year 2022
$63,174
Average AGI
#16,719
National Rank
#561
FL State Rank
9,170
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 32401.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 3,540 | $47,300,000 | $13,361 | 38.6% |
| $25,000 - $50,000 | 2,750 | $99,211,000 | $36,076 | 30.0% |
| $50,000 - $75,000 | 1,150 | $69,836,000 | $60,726 | 12.5% |
| $75,000 - $100,000 | 640 | $54,727,000 | $85,510 | 7.0% |
| $100,000 - $200,000 | 770 | $104,879,000 | $136,206 | 8.4% |
| $200,000 or more | 320 | $203,357,000 | $635,490 | 3.5% |
| Total | 9,170 | $579,310,000 | $63,174 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Tallahassee, FL | 86 mi | $77,685 | 93,950 |
| Pensacola, FL | 99 mi | $70,031 | 124,180 |
| Mobile, AL | 151 mi | $69,803 | 106,420 |
| Montgomery, AL | 153 mi | $63,871 | 83,200 |
| Columbus, GA | 164 mi | $57,752 | 73,590 |
| Gainesville, FL | 198 mi | $82,676 | 74,900 |
Similar ZIP Codes in Florida
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 34432 | Dunnellon | $63,110 | #16,763 |
| 33960 | Venus | $63,243 | #16,686 |
| 33810 | Zcta 33810 | $63,046 | #16,797 |
| 33823 | Auburndale | $63,319 | #16,653 |
| 32759 | Oak Hill | $63,379 | #16,618 |
| 33309 | Fort Lauderdale | $62,911 | #16,879 |
| 32320 | Apalachicola | $63,469 | #16,575 |
| 34448 | Homosassa | $63,476 | #16,567 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 32405 | Panama City, FL | 1.0 mi | $66,434 | #14,875 |
| 32413 | Panama City Beac, FL | 2.4 mi | $118,727 | #3,010 |
| 32408 | Panama City Beac, FL | 3.4 mi | $104,857 | #4,129 |
| 32403 | Panama City, FL | 7.5 mi | $58,192 | #19,795 |
| 32409 | Southport, FL | 8.4 mi | $81,692 | #8,269 |
| 32407 | Panama City Beac, FL | 9.0 mi | $78,178 | #9,421 |
| 32404 | Panama City, FL | 9.0 mi | $59,439 | #18,986 |
| 32444 | Lynn Haven, FL | 10.1 mi | $80,814 | #8,529 |
About This Data
Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 917 ZIP codes in Florida and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.