Lynn Haven, FL Economy


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Lynn Haven, FL is a vibrant city located in Bay County. It has many amenities and attractions for people of all ages to enjoy, such as the Lynn Haven Sports Complex and The Oaks Golf Course. It is also home to some great local businesses, including Jack’s BBQ Shack, Hotter’N Hell Pizza Place, and Sam’s Seafood Market. Rent for a two-bedroom apartment is competitively priced at $1,450 compared to the US average of $1,430. Grocery Cost Index in Lynn Haven is also equal to the US index. For those looking for a comfortable yet affordable place to live with plenty of activities and businesses nearby should definitely consider Lynn Haven.

Lynn Haven has an unemployment rate of 4.5%. The US average is 6.0%.

Lynn Haven has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.

Tax Rates for Lynn Haven
- The Sales Tax Rate for Lynn Haven is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lynn Haven is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lynn Haven
- The average income of a Lynn Haven resident is $30,857 a year. The US average is $37,638 a year.
- The Median household income of a Lynn Haven resident is $71,812 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLynn Haven, FloridaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Lynn Haven
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I have lived here 9 years. Has been a safe area in College Point by the bay. Much has changed since last review. More restaurants. Parks improved. Still take 30 minutes  More

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This town, along with the surrounding Panama City and beach suffers from low pay and high cost of living. There are way more people than jobs. It is very seasonal on  More

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Over 18 years ago

One of the few downsides to living in Lynn Haven is the lack of museums, art galleries etc. When it's too hot and humid outdoors, there is little to do in the day  More

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