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 2020โ2024).
0.58%Bay County overall
Lower Grand Lagoon vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Lower Grand Lagoon
At the local 0.60% effective rate
| Home value | Estimated yearly tax | Per 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
- Bay County property taxcounty overview
- Florida property tax by countyranked
- Panama City, FL0.65% effective
- Lynn Haven, FL0.59% effective
- Panama City Beach, FL0.58% effective
- Upper Grand Lagoon, FL0.66% effective
- Callaway, FL0.50% effective
- Cost of living in Floridaprices & rents
Source: U.S. Census Bureau, American Community Survey 2020โ2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ2024 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 2020โ2024).
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%.