County profile
Bay County, FL
United States · GDP 2024
#350 of 3,127 US counties by GDP56th-percentile growthmore diversified than 77% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$13.5B
BEA · 2024
GDP growth (YoY)
+4.9%
BEA · 2024
Jobs tracked
62,282
Census CBP · 2023
Employers
5,306
Census CBP · 2023
Avg. wage
$51.5k
BLS QCEW · 2023
Population
204,479
Census PEP · 2025
Labor, income & education
Unemployment
4.5%
Median HH income
$73.5k±$2.0k
Bachelor's degree+
29.6%±1.4%
Poverty rate
11.9%±0.9%
Business applications
4,276 · 2025
Retail establishments
821
41.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1The St. Joe CompanyReal Estate$513.2M83B+2Protocall Technologies Inc.Real Estate$2.2M52DHQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Food & accommodation26%
Retail trade25%
Health care19%
Construction11%
Admin & support10%
Manufacturing8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
204,479
residents · 2025 · +17.1% since 2020
Income per capita $58.1k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+23,381
International migration+6,555
Natural change−226
GDP trend
2019–2024 · nominal
$9.0B2019
$9.3B2020
$10.6B2021
$11.7B2022
$12.8B2023
$13.5B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$310.5k±$6.8k
Median gross rent
$1.5k/mo±$39/mo
Vacancy rate
27.3%±1.1%
Affordability
6.0× wages
Residential permits
$677.0M
2,072 units · 10.1/1k pop
FEMA risk score
94.1
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 99Lightning 98Tornado 94
FHFA HOUSE PRICE INDEX · 2016–2025
5182016
5372017
5922018
6412019
6812020
7582021
9182022
9922023
9862024
10102025
RESIDENTIAL PERMITS · 2021–2025
↓ -21% since 20212,6102021
2,2882022
2,3222023
2,4732024
2,0722025
Transport access
BTS · FAA · USACE
Nearest interstate
54.1 km
I-10
Nearest freight rail
4.1 km
BAYL
Nearest port
3.2 km
Panama City Port Authority, FL
Nearest commercial airport
19.8 km
NORTHWEST FLORIDA BEACHES INTL
Waterborne tonnage, host port(s) (CY2023):2,560,292 short tons/yr · Panama City Port Authority, FL
Filing activity
SEC EDGARWage trend
BLS QCEW · 2019–2023$51.5k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Bay?
Bay's economy produced $13.5B in 2024, growing 4.9% year over year — about the middle of the pack among US counties. Its largest employment sector is food & accommodation.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.