ZIP Code 32403 — Panama City, FL
IRS Income Data, Tax Year 2022
$58,192
Average AGI
#19,795
National Rank
#654
FL State Rank
380
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 32403.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 110 | $1,989,000 | $18,081 | 29.0% |
| $25,000 - $50,000 | 120 | $4,370,000 | $36,416 | 31.6% |
| $50,000 - $75,000 | 60 | $3,883,000 | $64,716 | 15.8% |
| $75,000 - $100,000 | 30 | $2,831,000 | $94,366 | 7.9% |
| $100,000 - $200,000 | 60 | $9,040,000 | $150,666 | 15.8% |
| $200,000 or more | 0 | $0 | $0 | 0.0% |
| Total | 380 | $22,113,000 | $58,192 | 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 | 102 mi | $70,031 | 124,180 |
| Mobile, AL | 154 mi | $69,803 | 106,420 |
| Montgomery, AL | 161 mi | $63,871 | 83,200 |
| Columbus, GA | 171 mi | $57,752 | 73,590 |
| Gainesville, FL | 195 mi | $82,676 | 74,900 |
Similar ZIP Codes in Florida
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 33909 | Cape Coral Centr | $58,202 | #19,790 |
| 33952 | Port Charlotte | $58,262 | #19,751 |
| 33407 | West Palm Beach | $58,104 | #19,856 |
| 33857 | Lorida | $58,291 | #19,726 |
| 32440 | Graceville | $58,079 | #19,871 |
| 34669 | Hudson | $58,072 | #19,873 |
| 32825 | Orlando | $58,386 | #19,667 |
| 34788 | Haines Creek | $58,565 | #19,556 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 32444 | Lynn Haven, FL | 5.6 mi | $80,814 | #8,529 |
| 32413 | Panama City Beac, FL | 6.9 mi | $118,727 | #3,010 |
| 32408 | Panama City Beac, FL | 7.3 mi | $104,857 | #4,129 |
| 32401 | Panama City, FL | 7.5 mi | $63,174 | #16,719 |
| 32404 | Panama City, FL | 7.8 mi | $59,439 | #18,986 |
| 32405 | Panama City, FL | 8.5 mi | $66,434 | #14,875 |
| 32407 | Panama City Beac, FL | 13.5 mi | $78,178 | #9,421 |
| 32409 | Southport, FL | 16.0 mi | $81,692 | #8,269 |
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.