ZIP Code 32404 — Panama City, FL
IRS Income Data, Tax Year 2022
$59,439
Average AGI
#18,986
National Rank
#629
FL State Rank
19,860
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 32404.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 5,670 | $75,678,000 | $13,347 | 28.6% |
| $25,000 - $50,000 | 5,810 | $212,680,000 | $36,605 | 29.3% |
| $50,000 - $75,000 | 3,160 | $194,635,000 | $61,593 | 15.9% |
| $75,000 - $100,000 | 2,070 | $179,674,000 | $86,799 | 10.4% |
| $100,000 - $200,000 | 2,690 | $357,758,000 | $132,995 | 13.5% |
| $200,000 or more | 460 | $160,048,000 | $347,930 | 2.3% |
| Total | 19,860 | $1,180,473,000 | $59,439 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Tallahassee, FL | 79 mi | $77,685 | 93,950 |
| Pensacola, FL | 107 mi | $70,031 | 124,180 |
| Montgomery, AL | 158 mi | $63,871 | 83,200 |
| Mobile, AL | 160 mi | $69,803 | 106,420 |
| Columbus, GA | 165 mi | $57,752 | 73,590 |
| Gainesville, FL | 190 mi | $82,676 | 74,900 |
Similar ZIP Codes in Florida
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 34667 | Hudson | $59,409 | #19,007 |
| 33615 | Tampa | $59,407 | #19,008 |
| 34237 | Sarasota | $59,383 | #19,017 |
| 34972 | Basinger | $59,253 | #19,108 |
| 33873 | Wauchula | $59,235 | #19,121 |
| 34953 | Port Saint Lucie | $59,663 | #18,862 |
| 32132 | Edgewater | $59,193 | #19,149 |
| 32094 | Wellborn | $59,689 | #18,841 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 32444 | Lynn Haven, FL | 3.8 mi | $80,814 | #8,529 |
| 32403 | Panama City, FL | 7.8 mi | $58,192 | #19,795 |
| 32401 | Panama City, FL | 9.0 mi | $63,174 | #16,719 |
| 32405 | Panama City, FL | 9.7 mi | $66,434 | #14,875 |
| 32413 | Panama City Beac, FL | 10.4 mi | $118,727 | #3,010 |
| 32408 | Panama City Beac, FL | 11.5 mi | $104,857 | #4,129 |
| 32409 | Southport, FL | 15.3 mi | $81,692 | #8,269 |
| 32466 | Youngstown, FL | 16.3 mi | $53,484 | #22,570 |
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.