Grand Bay | Mobile Co AL Business Social
Grand Bay is a large coastal community in Mobile county, Alabama. With a population of just under 3,500 residents, Grand Bay is the 156th largest community in Alabama.
For the last half century Grand Bay has been home to the Watermelon Festival. Held in early July the festival begins with Arts & Crafts, Vendors, Rides, Food and Entertainment, but no watermelons can be found on the first day. By the 4th day things get ramped up with the Pretty Baby Contest, Car Show, Games, and all the free, sliced, ice cold, sweet Grand Bay watermelon you can eat! At dusk the festival end with an amazing fireworks show.
Grand Bay does not have a public transit system to get to and from work, buy groceries, or take the kids to their doctor's appointment, if you don't have a car. Regardless of the means by which you commute around town, Grand Bay is notable in that residents have a average commute to work than most places, with a commute time from home to work for those of us who live here is about 15 to 30 minutes on average.
The average rental price in Grand Bay is between $1175 to $1750 a month, while the average rental cost here is more expensive than over 79 percent of other communities in Alabama.
The residents of Grand Bay have a lower percentage of college educated resident at just over 15 percent of adults having at least a bachelor's degree. Compare that to the average community in America, which has just under 22 percent with a bachelor's degree or higher. Of course, these days when you get a higher education it comes with a lot of debt! So, if you're someone who falls into this scenario, consider your options long before thinking about purchasing a home, and even before the ink is dry on your student loan note!
There are two measures for understanding income: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income.
The per capita income in Grand Bay last reported was just over $35,000, which is an upper income in Alabama. This equates to an annual income of a little over $140,000 for a family of four, while only one neighborhood has just one percentage of the children that live below the federal poverty line. That isn't bad, but we can always do better, and that begins with a good education!
Median real estate price in Grand Bay is as low as $173,000 in some neighborhoods and as high as $277,000 in others.
Real estate in Grand Bay is made up by a host of property types including single-family, multi-family, and manufactured homes, with a average balance of renters and owners. Many of the residences in Grand Bay are older, well established, built between 1940 to present day.
Grand Bay has three neighborhoods that make up the city.
Recommended by LinkedIn
Grand Bay North
Union Church
Town Center | Missala
Grand Bay vacancy rates are as high as 16 percent in some neighborhoods, and as low as 8 percent in others. If you have questions about vacancy issues in a neighborhood, be sure to consult a real estate agent.
Grand Bay is well within the various guidelines set for a USDA RD Zero Down Home Loans or an FHA 203K Home Purchase & Renovation Loan.
Follow us at The Neighborhood Korner | Business Social and share your posts at our LinkedIn and Facebook Groups.
Economic Development | Real Estate | Business Social
Storyteller | SEO | Leads | Social Influencer
5moThanks for taking the time to read my post; I hope it inspires you to connect if you haven't already! I'd like to share with you a little about business, life, and fun here on the third coast - if you don't mind? The Redneck Riviera began in the Florida panhandle cities of Panama City & PCB. Also called LA... Lower Alabama, but more affectionately known as the "Redneck Riviera". A strip of surf and sand that stretches some 95-miles along Florida's Hwy 98, with the most beautiful sugar white beaches in the world. But, as time moves on, boundaries change, and the Redneck Riviera has as well; extending deep into Mississippi, and boot toe of Louisiana's Florida Parishes. Follow my page and see if a visit; business engagement; or perhaps a total relocation is right for you or your business. If you live, work, or play here already, please share in the comments what makes the 3rd Coast great for you. Corrections and especially local updates are always appreciated, and will be used to improve this post.