Living in Lower Grand Lagoon, Florida
Cost of living, income, home prices, rent and demographics of Lower Grand Lagoon · Census data 2020–2024
Lower Grand Lagoon has 4,287 residents with a median age of 55.8. The median household income is $74,044 (about the same as the Florida median), the median home value is $397,200, the median rent is $1,323/month.
Lower Grand Lagoon at a glance
- Population
- 4,287
- Median age
- 55.8State: 42.6
- Median household income
- $74,044State: $74,568
- Median home value
- $397,200State: $359,000
- Median rent
- $1,323/moState: $1,669
- Homeowners
- 70.4%
- Bachelor's degree or higher
- 35.9%
- Average commute
- 24 min
Is Lower Grand Lagoon a good place to live?
Pros: An average commute of 24 minutes; unemployment of 2.5%.
Cons: Median household income about the same as the Florida median; home values 11% higher than the state median; a poverty rate of 15.3%.
The weather is best in March–April and October–November.
Cost of living in Lower Grand Lagoon
Housing is the biggest part of the cost of living. In Lower Grand Lagoon the median home value is $397,200, 19% higher than the U.S. median. Renters pay a median of $1,323 per month, which is 30.7% of household income. Homeowners with a mortgage pay $2,112 a month in housing costs.
Lower Grand Lagoon median household income
The median household income in Lower Grand Lagoon is $74,044 and the income per person is $51,952. 15.3% of residents live below the poverty line (Florida: 12.6%).
Housing in Lower Grand Lagoon: homes for sale and rent
- Housing units
- 7,207
- Owner-occupied
- 70.4%
- Renter-occupied
- 29.6%
- Vacant
- 67.1%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 1.81
67.1% of homes are vacant most of the year, a sign that Lower Grand Lagoon has many vacation and second homes.
Lower Grand Lagoon demographics
- Population
- 4,287
- Median age
- 55.8
- Under 18
- 8.9%
- 65 and older
- 30.1%
- Households
- 2,373
- Foreign-born
- 7.2%
- Veterans
- 14.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Lower Grand Lagoon ›
Education in Lower Grand Lagoon
35.9% of adults 25 and older in Lower Grand Lagoon have a bachelor's degree or higher (Florida: 34.1%), and 15.9% have a graduate or professional degree.
Jobs and commute in Lower Grand Lagoon
- Unemployment rate
- 2.5%State: 4.8%
- Average commute
- 24 minState: 28 min
- Work from home
- 18.8%
- Drive alone
- 71.2%
- Public transit
- 3.7%
- Walk to work
- 0.9%
- Homes with broadband
- 91%
Lower Grand Lagoon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lower Grand Lagoon | 4,287 | $74,044 | $397,200 | $1,323 |
| Upper Grand Lagoon | 17,232 | $82,157 | $373,200 | $1,667 |
| Pretty Bayou | 2,906 | $85,208 | $298,900 | $1,749 |
| Cedar Grove | 3,802 | $74,625 | $176,100 | $1,420 |
| Springfield | 8,230 | $54,462 | $188,600 | $1,307 |
| Parker | 4,509 | $69,657 | $224,200 | $1,338 |
| Lynn Haven | 20,081 | $80,973 | $320,000 | $1,563 |
| Panama City Beach | 18,971 | $80,941 | $441,300 | $1,791 |
| Tyndall AFB | 447 | $118,594 | — | $2,422 |
More for people moving to Lower Grand Lagoon
Lower Grand Lagoon ZIP code ›Weather and climate ›Living in Lower Grand Lagoon: FAQ
What is the median household income in Lower Grand Lagoon, FL?
The median household income in Lower Grand Lagoon is $74,044, about the same as the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lower Grand Lagoon?
The median home value in Lower Grand Lagoon is $397,200, compared with $359,000 in Florida.
How much is rent in Lower Grand Lagoon?
The median gross rent in Lower Grand Lagoon is $1,323 per month, about 30.7% of household income.
Is Lower Grand Lagoon, FL a good place to live?
Pluses: an average commute of 24 minutes; unemployment of 2.5%. Minuses: median household income about the same as the Florida median; home values 11% higher than the state median; a poverty rate of 15.3%.
What is the median age in Lower Grand Lagoon?
The median age in Lower Grand Lagoon is 55.8 years (Florida: 42.6).
How long is the commute in Lower Grand Lagoon?
The average commute to work in Lower Grand Lagoon is 24 minutes; 18.8% of workers work from home.
What is the unemployment rate in Lower Grand Lagoon?
The unemployment rate in Lower Grand Lagoon is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lower Grand Lagoon?
35.9% of adults in Lower Grand Lagoon have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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