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Lower Grand Lagoon

Learn about the people, housing, costs and businesses in Lower Grand Lagoon, Florida

Median Home$393,869
Median Rent$1,315/month
Population4,245
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality9% education
Home Value Growth⬆⬆+12.6% over 2 years
Retirees30% of residentswell above average
Homeowners71% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
Lower Grand Lagoon
FL

Explore Lower Grand Lagoon

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lower Grand Lagoon?

As of today, the 30-year fixed mortgage rate for Lower Grand Lagoon is approximately 6.926% (6.963% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lower Grand Lagoon?

The median home value in Lower Grand Lagoon is $394k. The median monthly rent is $1,315. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lower Grand Lagoon?

Home values in Lower Grand Lagoon have increased 12.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lower Grand Lagoon?

Based on a typical all-in ownership cost of $1,318/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lower Grand Lagoon is $74k/year.

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What industries drive the economy in Lower Grand Lagoon?

The largest employment sectors in Lower Grand Lagoon are public administration (17%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.