What is the rental vacancy rate in Upper Grand Lagoon, FL?

Name: Vacancy rate in Upper Grand Lagoon, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Upper Grand Lagoon, FL is 10.7% (±6.0 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.6% (±1.9 points).

1,544 (±403) homes, 16.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Upper Grand Lagoon, the rental vacancy rate went from 8.7% in 2015–2019 to 10.7% in 2020–2024 (+2.0 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Rental vacancy rate: 10.7% (±6.0 points)
Homeowner vacancy rate: 1.6% (±1.9 points)
Vacant homes: 1,544 (±403)

Vacancy in Upper Grand Lagoon against Bay County, its state and the nation

Estimate (90% margin of error)
	Upper Grand Lagoon	Bay County	Florida	United States
Rental vacancy rate	10.7% (±6.0 points)	11.7% (±2.0 points)	7.6% (±0.2 points)	5.5%
Homeowner vacancy rate	1.6% (±1.9 points)	1.5% (±0.7 points)	1.4% (±0.1 points)	0.9%
Vacant housing units	1,544 (±403)	29,584 (±1,219)	1,503,660 (±20,826)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Upper Grand Lagoon, the rental vacancy rate is not measurably different from Bay County (11.7%).

It is not measurably different from Florida (7.6%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Upper Grand Lagoon

Nearest places with a published estimate, compared with Upper Grand Lagoon
Place	Distance	Rental vacancy rate	Compared with this place
Upper Grand Lagoon	—	10.7% (±6.0 points)	—
Lower Grand Lagoon	2.2 mi	43.0% (±8.4 points)	Higher
Pretty Bayou	3.7 mi	17.8% (±21.5 points)	Not measurably different
Panama City	5.0 mi	9.2% (±2.8 points)	Not measurably different
Cedar Grove	7.4 mi	12.1% (±13.2 points)	Not measurably different
Lynn Haven	8.0 mi	3.1% (±2.7 points)	Lower
Panama City Beach	8.4 mi	18.6% (±4.8 points)	Higher
Springfield	8.9 mi	4.5% (±5.1 points)	Not measurably different
Parker	9.7 mi	12.1% (±10.5 points)	Not measurably different

Nearby places with a measurably lower figure: Lynn Haven, FL (3.1%).

Nearby places with a measurably higher figure: Lower Grand Lagoon, FL (43.0%), Panama City Beach, FL (18.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Bay County, place by place

Rank	Place	Rental vacancy rate
2	Mexico Beach	31.9% (±15.2 points)
3	Laguna Beach	31.6% (±15.5 points)
4	Panama City Beach	18.6% (±4.8 points)
5	Pretty Bayou	17.8% (±21.5 points)
6 (tie)	Cedar Grove	12.1% (±13.2 points)
6 (tie)	Parker	12.1% (±10.5 points)
8	Upper Grand Lagoon	10.7% (±6.0 points)
9	Panama City	9.2% (±2.8 points)
10	Callaway	5.1% (±5.0 points)
11	Springfield	4.5% (±5.1 points)
12	Lynn Haven	3.1% (±2.7 points)

Showing 11 of 12 places in Bay County, ranked from highest to lowest.

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.

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Questions about Upper Grand Lagoon

Is it hard to find a rental in Upper Grand Lagoon?

The rental vacancy rate in Upper Grand Lagoon, FL is 10.7% (±6.0 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Upper Grand Lagoon tighter than it was?

In Upper Grand Lagoon, the rental vacancy rate went from 8.7% in 2015–2019 to 10.7% in 2020–2024 (+2.0 percentage points), not a measurable change.

How many homes are vacant in Upper Grand Lagoon?

An estimated 1,544 (±403) housing units, 16.4% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

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 DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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.