Bay County, Florida
Bay County
Bay County is part of the Northwest Florida region, along with Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. The largest industries by employment for Bay County are educational, health and social services; retail trade, and arts, entertainment, recreation, accommodation and food services. Bay County's white sand beaches and clear blue waters attract many visitors year round.
Top private sector employers in Bay County are Bay Medical center, Wal-Mart, Eastern Ship Building, Gulf Coast Medical Center, and Smurfit- Stone Container Corporation. Major public sector employers are Tyndall Air Force Base, Naval Support, Bay District schools, Gulf Coast State College, City of Panama City, Bay County Board, and Bay County Sheriff. Cities and towns in Bay County include Callaway, Lynn Haven, Mexico Beach, Panama City (county seat), Panama City Beach, Parker, and Springfield.
Bay County Florida Cities
There are 6 cities in Bay County Florida. These are listed below. Click on a link for details.
Fountain, Lynn Haven, Mexico Beach, Panama City, Panama City Beach, Youngstown,
Bay County has a population of approximately 171,903 people. The population increased 1.8% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Bay County is 758.46 square miles and had a population density of 222.6 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.
There are 99,828 housing units in Bay County (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Bay County has a 65.7% homeownership rate compared to Florida's rate of 69.0%. Bay County's medium household income in 2011 was $48,225, which is higher than the medium income for Florida as a whole: $47,827.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 19,317,568 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Bay County | 171,903 | $4,852 | 1.8% | $48,225 | 99,828 | $168,400 |
12.4% of the population in Bay County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:
Bay County Economic Activity
The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Bay County. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $4,852 million, Bay County's economic activity represents 0.77% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $1,254 | 25.9% |
| Merchant wholesaler sales | $645 | 13.3% |
| Retail sales | $2,472 | 51.0% |
| Accommodation and food services sales | $480 | 9.9% |
| Total | $4,852 | 100% |
Bay County Regional Comparisons
Bay County is located in Northwest Florida. This region is responsible for 4.6% of Florida's economic activity. Bay County represents 16.8% of the region's economy.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Escambia County | 302,715 | $8,505 | 1.7% | $43,707 | 136,551 | $145,000 |
| Santa Rosa County | 158,512 | $1,467 | 4.7% | $55,913 | 65,728 | $173,400 |
| Okaloosa County | 190,083 | $4,417 | 5.1% | $54,140 | 92,394 | $196,800 |
| Walton County | 57,582 | $1,223 | 4.6% | $46,926 | 45,682 | $174,000 |
| Holmes County | 19,804 | $81 | -0.6% | $33,510 | 8,649 | $86,800 |
| Jackson County | 48,968 | $836 | -1.6% | $39,869 | 21,011 | $97,200 |
| Washington County | 24,892 | $195 | 0.0% | $37,036 | 10,864 | $96,600 |
| Bay County | 171,903 | $4,852 | 1.8% | $48,225 | 99,828 | $168,400 |
| Calhoun County | 14,723 | $74 | 0.7% | $31,142 | 6,069 | $80,200 |
| Liberty County | 8,276 | $28 | -1.1% | $40,893 | 3,362 | $80,600 |
| Gulf County | 15,718 | $95 | -0.9% | $41,291 | 9,148 | $150,600 |
| Franklin County | 11,686 | $130 | 1.2% | $37,017 | 8,665 | $170,100 |
| Gadsden County | 46,528 | $1,106 | -2.6% | $33,453 | 19,561 | $109,000 |
| Leon County | 283,769 | $5,470 | 3.0% | $45,827 | 124,701 | $195,300 |
| Jefferson County | 14,256 | $139 | -3.4% | $42,096 | 6,727 | $125,000 |
| Wakulla County | 30,818 | $195 | 0.1% | $54,151 | 12,721 | $136,900 |
| Total | 1,400,233 | $28,814 | 0.8% | $42,825 | 671,661 | $136,619 |
Bay Real Estate
There are 96,799 properties in Bay County. The following table shows a summary of them based on 2013 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 118 | $266,000 | $72 | January 1st, 2013 | September 1st, 2013 |
| Government Property | 1,872 | 1.93 | 5 | $80,000 | $49 | February 1st, 2013 | June 1st, 2013 |
| Residential Property | 0 | 0.00 | 3,991 | $140,000 | $90 | January 1st, 2013 | September 1st, 2013 |
Commercial Real Estate in Bay County, Florida
0( .00%) of the properties in Bay County are classified as Commercial. 118 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $103,948,328. The median sales price was $266,000. In 2013 the median sales price for A Class Commercial Property in Bay County was $230 per sq ft, B Class properties sold for $72/ft and C Class $26/ft.
Government Real Estate in Bay County, Florida
1,872( 1.93%) of the properties in Bay County are classified as Government. 5 of them sold between February 1st, 2013 and June 1st, 2013. The total value of these sales was $534,500. The median sales price was $80,000. In 2013 the median sales price for Government Property in Bay County was $49 per sq ft.
Residential Real Estate in Bay County, Florida
0( .00%) of the properties in Bay County are classified as Residential. 3,991 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $1,416,755,150. The median sales price was $140,000. In 2013 the median sales price for A Class Residential Property in Bay County was $212 per sq ft, B Class properties sold for $90/ft and C Class $29/ft.
Additional Details:
Bay Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 1,376 | 556,330 |
| Government Property | 1,540 | 12,208,332 |
| Health Care | 4 | 495,577 |
| Hotel & Motel | 378 | 4,911,132 |
| Industrial | 710 | 11,080,643 |
| Land | 22,147 | 1,777,357 |
| Miscellaneous Property | 197 | 1,319,316 |
| Mobile/Manufactured | 9,368 | 12,355,590 |
| Multifamily | 1,926 | 13,667,736 |
| Office | 1,200 | 6,615,544 |
| Residential | 77,331 | 130,875,947 |
| Retail | 2,036 | 18,051,387 |
| Senior Housing | 19 | 563,554 |
| Special Purpose | 495 | 5,068,416 |
| Sports & Entertaining | 166 | 1,733,326 |