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Cost of Living in Lynn Haven, FL

Population 20,081 · Census ACS 2020–2024 5-year estimates

Median rent$1,563
Median home value$320,000
Median household income$80,973

The median rent in Lynn Haven, FL is $1,563/month, 6% lower than the Florida median and 11% higher than the U.S. median. The median home value is $320,000, 4% lower than the national median. Households earn a median of $80,973 a year, 9% higher than the state median.

Affordability

Rent as a share of median income: 23.2%
Income needed for median rent (30% rule): $62,520/yr
Home price-to-income ratio: 4.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,618/mo

Run your own numbers: mortgage calculator · hourly to salary

Lynn Haven vs. Florida vs. U.S.

Lynn HavenFloridaU.S.
Median rent$1,563$1,669$1,413
Median home value$320,000$359,000$332,700
Median household income$80,973$74,568$80,734
Homeownership rate64.4%67.6%65.2%
Bachelor's degree or higher35.5%34.1%35.7%
Poverty rate6.5%12.6%12.5%
Unemployment rate3.4%4.8%5.2%
Work from home7.2%15.7%15.1%
Median age37.342.638.9

FAQ

What is the average rent in Lynn Haven, FL?

The median gross rent in Lynn Haven, FL is $1,563 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Lynn Haven, FL?

Using the common 30% rule, renting a median-priced home takes about $62,520 a year in gross income.

Is Lynn Haven, FL expensive to live in?

Rent there is 11% higher than the U.S. median, and the median home costs about 4.0 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Manchester, NHRent $1,564 · Income $81,007Reno, NVRent $1,556 · Income $80,760Phoenix, AZRent $1,582 · Income $81,332Stockton, CARent $1,577 · Income $79,907Summerville, SCRent $1,526 · Income $81,046Portland, MERent $1,577 · Income $79,540

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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