Housing Profile
Bay County, Florida

• Population, 2007: 167630. Bay County ranks # 27 of Florida's 67 counties in population.

• Households, 2007: 69596

• In 2030, Bay County is projected to have a population of 215101, ranking it # 29 of Florida's 67 counties.

Projected Total Population, Bay County, 2007-2030

Place	2007	2010	2015	2020	2025	2030
Bay County	167630	172001	183903	194797	205304	215101
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Sources:   Not Available.

Existing Home Values (Based on County Property Appraisers' Just Value)

• Single Family Home, average just value, 2008: $203724. (Statewide, the average just value of a single family home in Florida in 2008 was $248425).
• Mobile Home, average just value, 2008: $89518.
• Condominium, average just value, 2008: $231640.
• 
  * -100 means less than 25 observations
  * -200 means less than 2/3 of observations have valid year built entries
  * -300 means less than 2/3 of observations have valid square footage entries
  * -400 means no observations

Home Sales Prices

• The average sales price for a single family home was $245759 in 2007. The median sales price that year was $205000, compared to a statewide median sales price of $240000.
• 
  * -100 means less than 25 observations.
  * -200 means less than 2/3 of observations have valid entries for that year.
  * -300 means less than 2/3 of observations have valid square footage entries.
  * -400 means no observations.

Median Sales Price for Single Family Homes and Condominiums, Bay County, 1996-2007

Place	Housing Type	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007
Bay County	Condominiums	84000	99000	101000	120000	123250	135000	138000	180000	275000	415000	348000	400000
Bay County	Single Family Homes	79900	85000	89000	94000	100000	109900	118000	137000	162000	205000	211500	205000
Notes:  * -100 means less than 25 observations. * -200 means less than 2/3 of observations have valid entries for that year. * -300 means less than 2/3 of observations have valid square footage entries. * -400 means no observations. Sources:  County property appraiser tax rolls, compiled by Shimberg Center - Florida Housing Data Clearinghouse.

Rents

• The median rent paid by Bay County households in 2000 was $536 per month, compared to a statewide median rent of $641.

• In Bay County and the surrounding metro area, the HUD Fair Market Rent in 2009, representing rent for a typical modest apartment, was $638 for a studio apartment, $673 for a one-bedroom, $771 for a two-bedroom, $1065 for a three-bedroom, and $1184 for a four-bedroom unit.

Households by Monthly Rent Paid, Bay County,2000

Place	No Cash Rent	less than 200	between 200 and 299	between 300 and 499	between 500 and 749	between 750 and 999	between 1000 and 1499	1500 or more
Bay County	1761	862	856	5382	6788	2388	559	77

Cost Burden, General

• "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 16270 Bay County households (23%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.

• 6928 households in Bay County (10%) pay more than 50% of income for housing.

Households by Cost Burden, Bay County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Total	53326	9342	6928
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** The Household Demographic Data Access Tool allows users to combine any of the variables below to create a custom report. For example, a user could find the number of 1-2 person renter households age 65 and older who pay more than 50% of income for housing by selecting household size, householder age, and household income as indicators.

Households by Homeowner/Renter Status and Cost Burden, Bay County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Owner	39272	5853	3468
Renter	14054	3489	3460
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

Household Income

• In the following table, household income is measured as a percentage of the median income for the county or area, adjusted for family size. In Bay County and the surrounding metro area, the HUD-estimated median income for a family of four is $53800 in 2008.

Households by Income and Cost Burden, Bay County, 2007

Household Income as Percentage of Area Median Income	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
<=30% AMI	2579	1301	3826
30.01-50% AMI	3126	2087	2167
50.01-80% AMI	8681	3008	645
80.01+% AMI	38940	2946	290
Total	53326	9342	6928
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** For more detailed income categories and to combine with other variables such as age, cost burden, and owner/renter status, try the Household Demographic Data Access Tool.

Elderly Households

• 16201 households in Bay County (23.3%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.

• 27553 of elderly households in Bay County (85.1%) own their homes.

• 3870 elderly households (24%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Bay County, 2007

Age of Householder	Amount of Income Paid for Housing
	0-30%	30-49.9%	50+ %
65+	12331	2004	1866
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** To learn about all head-of-household age categories and to combine with other variables such as income, cost burden, and owner/renter status, try the Household Demographic Data Access Tool.

Size of Households

• 43362 households in Bay County (62%) are made up of 1-2 persons in 2007. 25% of these households pay more than 30% of income for rent or mortgage costs.

• 21056 households in Bay County (30%%) are made up of 3-4 persons in 2007. 20% of these households pay more than 30% of income for rent or mortgage costs.

• 5179 households in Bay County (7%%) are made up of 5 persons or more in 2007. 24% of these households pay more than 30% of income for rent or mortgage costs.

Households by Size and Cost Burden, Bay County, 2007

Number of Persons in the Household	Amount of Income Paid for Housing
	0-30%	30.01-50%	50.01+ %
1-2	32496	6033	4833
3-4	16915	2416	1725
5+	3914	890	375
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** To combine with other variables such as income, head-of-household age, and owner/renter status, try the Household Demographic Data Access Tool.

Disability and Affordable Housing Need

• In 2000, 7468 low-income households included at least one person with a disability age 15 or older. These households had incomes below 60% of the area median income.

Low-Income (<60% AMI) Households Including Persons with Disabilities Age 15+ and Cost Burden, Bay County, 2000

Amount of Income Paid for Housing
0-29.9%	30-49.9%	50+ %
3115	1924	2429

Single Family Home Size and Age

• In 2008, the median size for a new single-family home in Bay County was 1883 square feet.

Year Structure Built, Bay County, 2000

Year Structure Built, 2000
1939 and earlier	1940s	1950s	1960s	1970s	1980s	1990s	Place
1922	3413	6407	7695	17287	23629	18082	Bay County

Substandard Housing

Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing. In 2000,

• 2018 housing units (3.4% of all units) in Bay County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.

• 236 units (0.4%) in Bay County did not use home heating fuel, compared to a statewide percentage of 1.8%.

• 213 units (0.3%) in Bay County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.

• 154 units (0.2%) in Bay County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.