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Lynn Haven

Learn about the people, housing, costs and businesses in Lynn Haven, Florida

Median Home$310,245
Median Rent$1,422/month
Population19,783
Leading IndustriesEducation · Wholesale Trade6% education
Home Value Growth+8.5% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners70% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableAmenity Score73/100 · highly walkable area
Lynn Haven
FL

Frequently Asked Questions

What are today's mortgage rates in Lynn Haven?

As of today, the 30-year fixed mortgage rate for Lynn Haven is approximately 6.940% (6.978% 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 Lynn Haven?

The median home value in Lynn Haven is $310k. The median monthly rent is $1,422. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lynn Haven?

Home values in Lynn Haven have increased 8.5% over the past two years. This represents moderate growth. 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 Lynn Haven?

Based on a typical all-in ownership cost of $1,374/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lynn Haven is $86k/year.

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What industries drive the economy in Lynn Haven?

The largest employment sectors in Lynn Haven are public administration (20%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.