32440 -- U.S. ZIP code Municipality (1990): GRACEVILLE, Florida All ZIPs for this municipality (1990): 32440 Population (2000): 5498 Housing Units (2000): 2407 Land area (2000): 98.848153 sq. miles (256.015529 sq. km) Water area (2000): 0.652809 sq. miles (1.690767 sq. km) Total area (2000): 99.500962 sq. miles (257.706296 sq. km) Located within: Florida (FL) Location: 30.935306 N, 85.521716 W