CitytisticsShortlist

Cost of living, pay and housing

30.14° N · 85.75° W · GEOID 1241562

Lower Grand Lagoon

Bay County, Florida · part of the Panama City, FL metro

Limited data population under 5,000

FloridaLower Grand Lagoon, FLLower Grand LagoonLower Grand Lagoon

The short answer

Lower Grand Lagoon is home to 4,287 people. Median household income is $74,044 a year and median rent is $1,323 a month, 21.4% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $397,200, about 5.4x annual median household income.

Median gross rent
$1,323
3% below the median place
Median household income
$74,044
8% below the median place
Median home value
$397,200
24% above the median place
Unemployment
2.5%
48% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Lower Grand Lagoon

  • 67% of homes stand vacant, more than in 99% of the 1,415 places under 10,000 people we track. It is the 3rd-highest of 426 Florida places.
  • Households average 1.81 people, smaller than in 98% of places its size.
  • The median resident is 55.8 years old, older than in 97% of places its size.
  • Unemployment averaged 2.5% over the survey period, lower than in 94% of places its size.
  • The median home is worth 5.4 years of the median household's income, more than in 85% of places its size.
01

Moving to Lower Grand Lagoon

Bay County gains about 29.0 residents per 1,000 a year to moves between counties.

Moved in14,084
Moved out9,911
Net+4,173

Where people come from and where they go, top counties

Washington County, FL342459−117
Gulf County, FL196176+20

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$75K
Leavers$61K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Bay County; flows under 20 returns are not published.

Who moves here
7.8% of residents arrived from another county in the past year, 7.0% from another state.
Who arrives and who leaves
Households moving into Bay County report $74,900 a year in income on average; those leaving, $61,100, so newcomers earn more than leavers.
Income you would need
$52,900 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,323 a month; owners with a mortgage pay $2,112 a month including taxes and insurance, on a median home of $397,200.
Getting to work
24 minutes each way on average; 18.8% work from home.
If it is close but not quite
Jensen Beach, FL matches it on character. Compare the two
Moved from another state1
7.0%
252% above the median place
Moved here in the past year1
7.8%
36% above the median place
Net movers per 1,000 people7
29.0
above the median place (median -0.6)
All 5 moving measures
MeasureLower Grand LagoonAmong 6,645 placesVs median
Moved here in the past year17.8%36% above
Moved from another state17.0%252% above
Net movers per 1,000 people7County figure29.0above (median -0.6)
Income of households moving in7County figure$74,8946% above
Income of households moving out7County figure$61,07313% below
02

What it costs to live here

Vacant homes is 67.1%, above the median place (median 7.1%).

Lower Grand Lagoon21.4%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$52,920
a year, at the 30% line
Rent to income
21.4%
5% above the median place
Home price to income
5.4x
41% above the median place

Could you afford it?

The median rent would take
21%
comfortably under the 30% line
Left after rent, in US prices
$59,600
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Lower Grand Lagoon, $1,323 a month, and local prices for everything else (97.5 against a US average of 100). It runs in your browser and stores nothing.

Like Lower Grand Lagoon, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Fruitland Park, FL17.7% vs 21.4%$10,500Compare
Greenville, RI15.6% vs 21.4%$21,300Compare
Clarkston Heights-Vineland, WA13.3% vs 21.4%$32,600Compare

Moving from somewhere else? Work out the salary you would need in Lower Grand Lagoon.

Sponsored · exampleMoving to Lower Grand Lagoon? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Vacant homes1
67.1%
above the median place (median 7.1%)
Property tax rate1
0.6%
34% below the median place
Median year built1
1987
0% above the median place
All 16 cost and housing measures
MeasureLower Grand LagoonAmong 6,645 placesVs median
Median gross rent1$1,3233% below
Rent to income121.4%5% above
Property tax rate10.6%34% below
Home price to income15.4x41% above
Prices vs US average2Metro figure97.34% below
Fair market rent, 2 bedrooms3County figure$1,6512% above
HUD area median income4County figure$98,9008% below
Property tax paid (median)1$2,38427% below
Median home value1$397,20024% above
Home prices, 1-year change5County figure2.4%24% below
Home prices, 5-year change5County figure48.4%6% below
Homeownership170.4%6% above
Renters paying 30%+151.0%1% above
Owner costs with a mortgage1$2,11213% above
Vacant homes167.1%above (median 7.1%)
Median year built119870% above
03

Work and pay

Unemployment is 2.5%, 48% below the median place.

Unemployment1
2.5%
48% below the median place
Works from home1
18.8%
51% above the median place
Income per person1
$51,952
30% above the median place

More on work and pay, against the typical place

Poverty rate15.3% +42%
Median household income$74,044 −8%
Mean commute24 min −4%
All 10 work and pay measures
MeasureLower Grand LagoonAmong 6,645 placesVs median
Median household income1$74,0448% below
Income per person1$51,95230% above
Unemployment12.5%48% below
Average annual pay6County figure$55,56016% below
Pay growth, 1 year6County figure4.0%8% above
Jobs6County figure83,25145% below
Poverty rate115.3%42% above
Mean commute124 min4% below
Works from home118.8%51% above
Commutes by transit1County figure0.3%62% below
04

Who lives here

Household size is 1.8, 28% below the median place.

Household size1
1.8
28% below the median place
Median age1
55.8
43% above the median place
No health insurance1
15.0%
134% above the median place

More about who lives here, against the typical place

Homes with broadband91.0% −1%
Bachelor's or higher35.9% +12%
High school or higher92.9% +1%
All 8 people measures
MeasureLower Grand LagoonAmong 6,645 placesVs median
Population14,2876646th largest
Median age155.843% above
Bachelor's or higher135.9%12% above
High school or higher192.9%1% above
Household size11.828% below
Born abroad1County figure8.6%2% below
No health insurance115.0%134% above
Homes with broadband191.0%1% below
05

Life in Lower Grand Lagoon

12 sites are on the National Register of Historic Places.

Out the door, against the typical place

Parks per 10k residents18.7 +83%
Playgrounds per 10k14.0 +49%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k42.0 3.8×
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars25.4 +22%
Shops44.0 +45%
Arts, recreation and fitness4.6 +12%
Doctors' offices and clinics24.4 +21%
Child care centers2.0 −13%

Counts businesses with paid staff, so small owner-run shops are not included.

Shops per 10k8
44.0
45% above the median place
Restaurants and bars per 10k8
25.4
22% above the median place
Public school students11
27,672
above the median place (median 4,897)
All 16 schools and local life measures
MeasureLower Grand LagoonAmong 6,645 placesVs median
Public schools11County figure50above (median 9)
Public school students11County figure27,672above (median 4,897)
Students per teacher11County figure17.111% above
Restaurants and bars per 10k8County figure25.422% above
Shops per 10k8County figure44.045% above
Arts, recreation and fitness per 10k8County figure4.612% above
Doctors' offices and clinics per 10k8County figure24.421% above
Child care centers per 10k8County figure2.013% below
Parks per 10k918.783% above
Playgrounds per 10k914.049% above
Grocery stores per 10k90.0below (median 2.1)
Restaurants, cafes and bars per 10k942.0277% above
Libraries per 10k90.0below (median 0.9)
Named paths and bike trails90.0below (median 2.0)
Transit stops per sq mi90.0below (median 0.2)
National Register listings10County figure128% below
06

Safety, weather and risk

Annual precipitation is 58.3 in, 33% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Lower Grand Lagoon. Larger places are fetched first.

Annual precipitation12
58.3 in
33% above the median place
Hurricane risk13
98.7
40% above the median place
January average low12
42°F
68% above the median place
All 11 weather and risk measures
MeasureLower Grand LagoonAmong 6,645 placesVs median
July average high12County figure91°F4% above
January average low12County figure42°F68% above
Average temperature12County figure68°F24% above
Annual precipitation12County figure58.3 in33% above
Natural hazard risk13County figure94.12% above
Hurricane risk13County figure98.740% above
Tornado risk13County figure94.116% above
Wildfire risk13County figure75.724% above
Heat wave risk13County figure84.36% below
Median air quality index14County figure442% above
Good air days14County figure66.4%3% below
08

Lower Grand Lagoon in 2030: where the trends point

If recent trends hold, the median rent will take about 21% of the median income in 2030, about the same as 21% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,323/mo (2024)$1,690/mo$1,390 to $2,060/mo+4.2%
Median household income$74,044 (2024)$95,000$80,500 to $112,500+4.2%
Median home value$397,200 (2024)$581,000$422,000 to $800,000+6.5%

The median home would be worth 6.1 years of the median income in 2030, against 5.4 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Lower Grand Lagoon

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Jensen Beach, FL$1,267$70,884Compare
Tarpon Springs, FL$1,298$79,529Compare
Fruitland Park, FL$1,221$82,656Compare
Ocean City, MD$1,353$77,750Compare
Ocean City, MDFruitland Park, FLTarpon Springs, FLJensen Beach, FLLower Grand Lagoon, FLLower Grand LagoonJensen BeachTarpon SpringsOcean CityLower Grand LagoonJensen BeachTarpon SpringsOcean City

Common questions

Is Lower Grand Lagoon a good place to live?

It depends on what you need, so here is what the numbers say. 67% of homes stand vacant, more than in 99% of the 1,415 places under 10,000 people we track. It is the 3rd-highest of 426 Florida places. Households average 1.81 people, smaller than in 98% of places its size. On cost, space and class size it scores 13 out of 100 for families. See how it ranks with your own weights.

Is Lower Grand Lagoon expensive to live in?

The median rent takes 21.4% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $397,200.

What salary do you need to live in Lower Grand Lagoon?

To rent the median home without spending more than 30% of income on rent, a household needs about $52,920 a year. Work it out from your current city.

What places are similar to Lower Grand Lagoon?

On income, rent, home value, education and age, the closest matches are Jensen Beach, FL, Tarpon Springs, FL, Fruitland Park, FL and Ocean City, MD.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  14. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Lower Grand Lagoon with places of a similar size, using only figures measured for Lower Grand Lagoon itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/lower-grand-lagoon-florida

Citytistics. “Lower Grand Lagoon, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/lower-grand-lagoon-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.