Lower Grand Lagoon, Florida property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
0.60%

Homeowners in Lower Grand Lagoon, Florida paid a median $2,384 a year in property tax on a median home worth $397,200, an effective rate of about 0.60% (Census 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians ยท Census-designated place

#127 lowest of 591Florida places we cover

0.58%Bay County overall
Median tax paid
$2,384
per year, 2020โ€“24
Median home value
$397,200
owner-occupied
Effective rate
0.60%
tax รท value
Tax vs. income
3.2%
of $74,044 median household income
Owner costs
$2,112/mo
median with a mortgage, incl. tax & insurance

Lower Grand Lagoon vs county, state and US

Effective rate

Lower Grand Lagoon0.60%
Bay County0.58%
Florida0.76%
United States0.94%

Median tax paid per year

Lower Grand Lagoon$2,384
Bay County$1,807
Florida$2,730
United States$3,119

Tax on a home in Lower Grand Lagoon

At the local 0.60% effective rate

Home valueEstimated yearly taxPer month
$150,000$900$75
$250,000$1,501$125
$350,000$2,101$175
$500,000$3,001$250

Buying a home in Bay County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Lower Grand Lagoon, Florida?

Homeowners in Lower Grand Lagoon, Florida paid a median $2,384 a year in property tax on a median home worth $397,200, an effective rate of about 0.60% (Census 2020โ€“2024).

How much is property tax on a $250,000 home in Lower Grand Lagoon?

About $1,501 a year at the 0.60% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Lower Grand Lagoon higher than the rest of Florida?

Lower Grand Lagoon ranks #127 lowest of 591 Florida places we track. The statewide effective rate is 0.76%. Bay County overall is 0.58%.