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Lower Grand Lagoon, FL
Full City Profile · Florida · Bay County County
3.4
/5.0
B
Good
4,305
Population
2,060/sq mi density
$77,639
Median Income
$54,357 per capita
$347,300
Home Value
$278,596 Zillow
$1,235
Median Rent
26.0% income on rent
70°F
Avg Temperature
308 sunny days/yr
922
Violent Crime/100K
6,937 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$77,639 median income, 2.4% unemployment
A
Affordability
4.2 / 5.0
$347,300 home value, $1,235/mo rent
F
Safety
1.0 / 5.0
922 violent crimes/100K (143% above avg)
B+
Education
3.9 / 5.0
36.6% bachelor's degree or higher
Housing Overview
Median Home Value
$347,300
23% above
US avg: $281,900
Median Rent
$1,235/mo
6% above
US avg: $1,163/mo
Homeownership Rate
68.3%
4% above US avg (65.4%)
Total Housing Units
7,073
Median year built: 1987
Home Value by Source
Census Median
$347,300
Zillow (ZHVI)
$278,596
Median Sale Price
$429,000
Median List Price
$477,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.3%
Owner-Occupied
31.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,235/mo
Market Indicators (Redfin)
Median Days on Market
76 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
23
Price Drops
17.0%
of listings with price reduction
Price Per Sq Ft
$373
Active Inventory
223
homes for sale
Affordability & Housing Stock
Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
68.3%
Complete Housing Data
Home Values
| Census Median Value | $347,300 |
| Zillow Home Value (ZHVI) | $278,596 |
| Median Sale Price | $429,000 |
| Median List Price | $477,000 |
| Price Per Sq Ft | $373 |
Rent
| Census Median Rent | $1,235 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 76 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 17.0% |
| Homes Sold | 23 |
| Active Inventory | 223 |
| Price Per Sq Ft | $373 |
Ownership & Stock
| Owner-Occupied | 68.3% |
| Renter-Occupied | 31.7% |
| Homeownership Rate | 68.3% |
| Total Housing Units | 7,073 |
| Median Year Built | 1987 |
| Rent Burden | 26.0% |