Lynn Haven, FL

This city of 22,940 residents needs 852 more housing units over the next five years. Lynn Haven is part of the Bay County Transportation Planning Organization.

Housing snapshot

Population
22,940 (2026)
Households
8,631
Median household income
$91,698 (2026)
Typical home value
$324,423
Owner-occupied
60%
Five-year housing need
852 units

Comparison to other Florida municipalities

Lynn Haven: $91,698 Median income (2026 estimate)
<$22K >$160K
Lynn Haven: 0.99 jobs to household ratio
<0.06 >3.04
Lynn Haven: Permits since 2021 represent 16.4% of housing
<0% >25.1%
On this page

How affordable is this community?

At $324,423, typical home prices in Lynn Haven, FL are close to the Florida average of $334,647. Lynn Haven, FL's median household income of $91,698 puts the typical home within reach for most households.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Lynn Haven, FL has a population of roughly 20,081, growing modestly at 1.3% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

With roughly 8,631 households, Lynn Haven, FL is growing modestly at 1.3% per year.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Lynn Haven, FL, detached single-family accounts for 65% of the housing stock. Homeownership is the norm in Lynn Haven, FL, with 60% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Lynn Haven, FL needs 852 new units over the next 5 years.

463
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
5.4%
Projected household growth rate
Expected increase in total households from 8,631 in 2026 to 9,094 in 2031.
389
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
49
Replacement housing
Effective annual loss rate is 1.1 per 1,000 units.
72
Ownership vacancy adjustment
Owner-occupied vacancy is 0.2%. This is below the minimum stable target of 1.5%.
145
Rental vacancy adjustment
Rental vacancy is 3.1%. This is below the minimum stable target of 7.4%.
79
Overcrowding adjustment
Overcrowding rate is 4.4%. This is above National avg. of 3.4%.
44
Substandard housing adjustment
Substandard housing rate is 1.52%. This is above National avg. of 0.98%.
852
Total 5-year housing production need (2026-2031)
170
Annual production pace
Average units needed per year to meet 5-year need
9.7%
Total housing unit growth
Percent increase in housing stock over 5 years
1.9%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?