Is Lower Grand Lagoon, FL growing?
Lower Grand Lagoon, FL had an estimated 4,287 (±524) residents in 2020–2024, against 4,584 in 2015–2019.
That is a change of −6.5%, not a measurable change.
Its housing went from 6,733 to 7,207 homes (+7.0%), a measurable increase.
0.4% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 4,287 (±524)
- Amount of change
- −6.5%
- Homes change
- +7.0%
- Built 2020 or later
- 0.4%
Residents and homes in Lower Grand Lagoon, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,584 (±470) | 4,287 (±524) | −6.5% | Not a measurable change |
| Housing units | 6,733 (±148) | 7,207 (±411) | +7.0% | Measurable increase |
| Households that rent | 45.1% (±5.1 points) | 29.6% (±5.8 points) | −15.5 percentage points | Measurable decrease |
| Median gross rent | $1,063 (±$46) | $1,323 (±$132) | +24.5% | No measurable change after inflation |
| Median home value | $232,600 (±$23,231) | $397,200 (±$41,646) | +70.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Lower Grand Lagoon against Bay County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Lower Grand Lagoon | −6.5% | Not a measurable change | +7.0% |
| Bay County | +2.3% | Measurable increase | +5.1% |
| Florida | +7.2% | Measurable increase | +8.6% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Lower Grand Lagoon
| Year built | Lower Grand Lagoon | Bay County | Florida | United States |
|---|---|---|---|---|
| 2020 or later | 0.4% (±0.4 points) | 5.3% | 3.2% | 2.0% |
| 2010 to 2019 | 5.1% (±1.9 points) | 11.7% | 11.0% | 9.4% |
| 2000 to 2009 | 21.2% (±3.4 points) | 22.6% | 18.1% | 13.6% |
5.5% of the homes in Lower Grand Lagoon were built in 2010 or later.
The median age of residents is 55.8 years.
Growth in places near Lower Grand Lagoon
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Lower Grand Lagoon | — | 4,287 | −6.5% | Not a measurable change |
| Upper Grand Lagoon | 2.2 mi | 17,232 | −1.8% | Not a measurable change |
| Pretty Bayou | 5.1 mi | 2,906 | −11.8% | Not a measurable change |
| Panama City | 5.2 mi | 34,979 | −4.5% | Measurable decrease |
| Cedar Grove | 7.9 mi | 3,802 | +9.8% | Not a measurable change |
| Springfield | 9.1 mi | 8,230 | −11.7% | Measurable decrease |
| Parker | 9.1 mi | 4,509 | −0.8% | Measurable decrease |
| Lynn Haven | 9.3 mi | 20,081 | −4.1% | Measurable decrease |
| Panama City Beach | 9.7 mi | 18,971 | +48.8% | Measurable increase |
Lower Grand Lagoon is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lower Grand Lagoon
Is Lower Grand Lagoon growing?
Lower Grand Lagoon, FL had an estimated 4,287 residents in 2020–2024 and 4,584 in 2015–2019, a change of −6.5%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Lower Grand Lagoon?
The estimated number of housing units went from 6,733 in 2015–2019 to 7,207 in 2020–2024 (+7.0%), a measurable increase.
How much new construction is there in Lower Grand Lagoon?
0.4% of homes in Lower Grand Lagoon were built in 2020 or later and 5.1% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lower Grand Lagoon CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lower Grand Lagoon CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lower Grand Lagoon CDP, Florida
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Lower Grand Lagoon CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lower Grand Lagoon CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lower Grand Lagoon CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lower Grand Lagoon CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lower Grand Lagoon CDP, Florida (place:41562, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Home values in Lower Grand Lagoon
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- How long people stay in Lower Grand Lagoon
- Florida landlord and tenant rules
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- Housing data for every place in Florida