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Economic Atlas
Places/FL/Bay
County profile

Bay

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
GDP growth
+4.9%
Jobs tracked
62,282
Employers
5,306
Avg. wage
$51.5k
Population
204,479
Labor & formation
Unemployment
4.4%
Median HH income
$73.5k±$2.0k
Business applications
4,276 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1The St. Joe CompanyReal Estate$513.2M82B+2Protocall Technologies Inc.Real Estate$2.2M53D

HQ-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
$9.0B
2019
$9.3B
2020
$10.6B
2021
$11.7B
2022
$12.8B
2023
$13.5B
2024

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
2,072 (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
518
2016
537
2017
592
2018
641
2019
681
2020
758
2021
918
2022
992
2023
986
2024
1010
2025

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) (CY2022):2,560,292 short tons/yr · Panama City Port Authority, FL
Filing activity
SEC EDGAR

5 filings from 1 company here in the last 90 days.

8-KThe St. Joe Company05-14
8-KThe St. Joe Company05-12
8-KThe St. Joe Company05-04
10-QThe St. Joe Company04-29
8-KThe St. Joe Company04-29
DEF 14AThe St. Joe Company03-31
10-KThe St. Joe Company02-25
8-KThe St. Joe Company02-25
8-KThe St. Joe Company10-29
10-QThe St. Joe Company10-29
Wage trend
BLS QCEW · 2019–2023
$51.5k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDP
Jackson$13.5BBaldwin$13.4BLackawanna$13.4BIredell$13.5BNiagara$13.6BYakima$13.3B
The read

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.
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