Housing data for Upper Grand Lagoon, FL
Upper Grand Lagoon, FL has an estimated 17,232 residents and 9,403 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Bay County.
37.7% of households rent.
The median gross rent is $1,667 a month.
Figures last updated on .
- Residents
- 17,232 (±1,292)
- Housing units
- 9,403 (±579)
- Households that rent
- 37.7%
- Median gross rent
- $1,667
- Residents since 2015–2019
- −1.8%
What stands out in Upper Grand Lagoon
Median real estate taxes: $2,452 (±$226) in Upper Grand Lagoon, higher than in Bay County ($1,807).
Homes built before 1980: 13.5% (±3.0 points) in Upper Grand Lagoon, lower than in Bay County (24.3%).
Median home value: $373,200 (±$19,237) in Upper Grand Lagoon, higher than in Bay County ($310,500).
Median gross rent: $1,667 (±$110) in Upper Grand Lagoon, higher than in Bay County ($1,484).
- Property taxes in Upper Grand Lagoon
- Age of homes in Upper Grand Lagoon
- Home values in Upper Grand Lagoon
- Median rent in Upper Grand Lagoon
Housing in Upper Grand Lagoon at a glance
- Median rent: $1,667 median gross rent a month
- Rent by bedrooms: $1,510 median gross rent, 2 bedrooms
- Rent burden: 56.7% of renters pay 30% or more of income
- Renters and owners: 37.7% of households rent
- Income and affordability: $82,157 median household income
- Home values: $373,200 median home value
- Homeowner costs: $1,917 median monthly cost with a mortgage
- Property taxes: $2,452 median real estate taxes a year
- Types of homes: 22.9% of homes are in buildings of 5 or more units
- Bedrooms: 58.3% of homes have 3 or more bedrooms
- Age of homes: 13.5% of homes were built before 1980
- Vacancy rate: 10.7% rental vacancy rate
- Heating fuel: 84.0% heat with electricity
- Commute and cars: 20.8 minutes average trip to work
- Growth: −1.8% residents since 2015–2019
- How long people stay: 31.4% moved in since 2020
- Crowding and facilities: 3.0% of homes have more than 1 person per room
Upper Grand Lagoon against Bay County, its state and the nation
| Upper Grand Lagoon | Bay County | Florida | United States | |
|---|---|---|---|---|
| Residents | 17,232 (±1,292) | 186,393 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 9,403 (±579) | 108,362 (±78) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 37.7% (±5.1 points) | 33.2% (±1.4 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,667 (±$110) | $1,484 (±$39) | $1,669 (±$5) | $1,413 |
| Median household income | $82,157 (±$6,742) | $73,533 (±$2,046) | $74,568 (±$284) | $80,734 |
| Median home value | $373,200 (±$19,237) | $310,500 (±$6,825) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $2,452 (±$226) | $1,807 (±$76) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 13.5% (±3.0 points) | 24.3% (±1.2 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 20.8 minutes (±3.2) | 23.9 minutes (±0.6) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 94.3% (±2.0 points) | 92.8% (±1.0 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 45.8 years (±3.8) | 41.0 years (±0.3) | 42.6 years (±0.1) | 38.9 years |
Upper Grand Lagoon covers 8.1 square miles of land, about 2,126 residents per square mile (Census Bureau Gazetteer).
How Upper Grand Lagoon has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 17,550 (±764) | 17,232 (±1,292) | −1.8% | Not a measurable change |
| Housing units | 9,246 (±284) | 9,403 (±579) | +1.7% | Not a measurable change |
| Median gross rent | $1,198 (±$81) | $1,667 (±$110) | +39.1% | Up after inflation |
| Median home value | $229,000 (±$13,599) | $373,200 (±$19,237) | +63.0% | Up after inflation |
| Median household income | $59,698 (±$6,533) | $82,157 (±$6,742) | +37.6% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,648 (±$83) | $1,917 (±$138) | +16.3% | No measurable change after inflation |
| Median real estate taxes | $1,598 (±$167) | $2,452 (±$226) | +53.4% | Up after inflation |
| Households that rent | 32.4% (±4.1 points) | 37.7% (±5.1 points) | +5.3 percentage points | Not a measurable change |
| Rental vacancy rate | 8.7% (±5.5 points) | 10.7% (±6.0 points) | +2.0 percentage points | Not a measurable change |
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.
ZIP codes in Upper Grand Lagoon
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 32408 | 69% | 18,832 | $1,584 | $382,300 | $80,822 |
| 32407 | 15% | 16,404 | $1,840 | $404,200 | $80,831 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Upper Grand Lagoon
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Lower Grand Lagoon | 2.2 mi | $1,323 | $397,200 | 29.6% |
| Pretty Bayou | 3.7 mi | $1,749 | $298,900 | 28.6% |
| Panama City | 5.0 mi | $1,327 | $268,900 | 43.7% |
| Cedar Grove | 7.4 mi | $1,420 | $176,100 | 33.4% |
| Lynn Haven | 8.0 mi | $1,563 | $320,000 | 35.6% |
| Panama City Beach | 8.4 mi | $1,791 | $441,300 | 40.8% |
| Springfield | 8.9 mi | $1,307 | $188,600 | 38.0% |
| Parker | 9.7 mi | $1,338 | $224,200 | 45.9% |
Places in Florida most like Upper Grand Lagoon
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Lynn Haven | $1,563 | $320,000 | $80,973 | 35.6% |
| Golden Gate | $1,713 | $409,700 | $68,475 | 45.3% |
| West Melbourne | $1,845 | $377,100 | $92,986 | 27.1% |
| Fruitville | $1,977 | $412,500 | $82,246 | 42.4% |
| Cinco Bayou | $1,643 | $348,800 | $84,688 | 34.7% |
| The Meadows | $1,740 | $382,400 | $69,774 | 21.3% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Florida.
HUD Fair Market Rent for Upper Grand Lagoon, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,414 | $1,517 | $1,651 | $2,101 | $2,567 |
HUD income limits for Upper Grand Lagoon, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,800 | $34,650 | $55,400 |
| 2 people | $23,750 | $39,600 | $63,300 |
| 3 people | $27,320 | $44,550 | $71,200 |
| 4 people | $33,000 | $49,450 | $79,100 |
| 5 people | $38,680 | $53,450 | $85,450 |
| 6 people | $44,360 | $57,400 | $91,800 |
| 7 people | $50,040 | $61,350 | $98,100 |
| 8 people | $55,720 | $65,300 | $104,450 |
These are the limits HUD sets for its housing programs in the Panama City, FL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $98,900.
A program can use its own limits; tax-credit and local programs often do.
Upper 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.
What you can do on Seayora in Upper Grand Lagoon
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Upper Grand Lagoon beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Upper Grand Lagoon, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Upper Grand Lagoon, and send estimates and invoices from your phone.
Questions about Upper Grand Lagoon
What is the average rent in Upper Grand Lagoon, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Upper Grand Lagoon is $1,667 (±$110) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Upper Grand Lagoon?
The median gross rent for a one-bedroom home in Upper Grand Lagoon, FL is $1,189 (±$469) a month (2020–2024 American Community Survey).
Are renters in Upper Grand Lagoon rent-burdened?
56.7% of renting households in Upper Grand Lagoon pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Upper Grand Lagoon?
Upper Grand Lagoon has an estimated 2,966 (±491) renting households, 37.7% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Upper Grand Lagoon?
The median household income in Upper Grand Lagoon is $82,157 (±$6,742) a year (2020–2024 American Community Survey).
What is the average home value in Upper Grand Lagoon, FL?
The Census Bureau publishes the median: $373,200 (±$19,237) for owner-occupied homes in Upper Grand Lagoon (2020–2024 American Community Survey).
Is Upper Grand Lagoon growing?
In Upper Grand Lagoon, the number of residents went from 17,550 in 2015–2019 to 17,232 in 2020–2024 (−1.8%), not a measurable change.
What ZIP codes are in Upper Grand Lagoon?
The ZIP codes that cover Upper Grand Lagoon are 32408, 32407.
What is the median rent in ZIP code 32408?
The median gross rent in ZIP Code Tabulation Area 32408 is $1,584 (±$127) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Upper Grand Lagoon CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Upper Grand Lagoon CDP, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Upper Grand Lagoon CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Upper Grand Lagoon CDP, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Upper Grand Lagoon CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Upper Grand Lagoon CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Upper Grand Lagoon CDP, Florida
- HUD Fair Market Rents, fiscal year 2027: Panama City, FL HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Panama City, FL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 Upper Grand Lagoon CDP, Florida (place:73312, 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, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .