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Fort Walton Beach, FL

Full City Profile · Florida · Okaloosa County County

3.1 /5.0
B Good
20,956 Population 2,743/sq mi density
$66,556 Median Income $37,973 per capita
$296,000 Home Value $318,888 Zillow
$1,268 Median Rent 32.3% income on rent
70°F Avg Temperature 306 sunny days/yr
300 Violent Crime/100K 2,098 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$66,556 median income, 2.5% unemployment
A
Affordability
4.2 / 5.0
$296,000 home value, $1,268/mo rent
F
Safety
1.0 / 5.0
300 violent crimes/100K
B
Education
3.2 / 5.0
27.8% bachelor's degree or higher

Income Overview

Median Household Income
$66,556
11% below
US avg: $75,149
Per Capita Income
$37,973
3% below
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
9.3%
25% below
US avg: 12.4%

Income Comparison: Fort Walton Beach vs. U.S. Average

Each bar shows Fort Walton Beach’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$66,556
89%
Per Capita
US: $39,052
$37,973
97%
IRS Avg AGI
US: $72,000
$86,459
120%
Avg Weekly Wage
US: $1,432
$1,185
83%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,185
17% below US avg ($1,432)
Mean Commute Time
22 min
21% below US avg (28 min)
Work From Home
7.8%
49% below US avg (15.2%)
Drive Alone
78.1%
7% above US avg (73.2%)
Public Transit
0.4%
93% below US avg (5.0%)
County GDP
$19,003M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.1%
Public Transit 0.4%
Work From Home 7.8%
Other 13.7%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
7,597
Restaurants
599
Healthcare
699
Retail
859
Manufacturing
96

Tax & Financial

IRS Avg Adjusted Gross Income
$86,459
20% above US avg ($72,000)
Avg Property Tax
$6,037
72% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$66,556
Per Capita Income$37,973
IRS Avg Adjusted Gross Income$86,459
Avg Weekly Wage$1,185
County GDP$19,003M

Hardship Indicators

Unemployment Rate2.5%
Poverty Rate9.3%
Gini Coefficient0.439
Cost of Living Index103.4

Commute

Mean Commute22 minutes
Drive Alone78.1%
Public Transit0.4%
Work From Home7.8%

Businesses

Total Establishments7,597
Restaurants599
Healthcare699
Retail859
Manufacturing96

Tax

IRS Avg AGI$86,459
Avg Property Tax$6,037