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 Rate | 2.5% |
| Poverty Rate | 9.3% |
| Gini Coefficient | 0.439 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 78.1% |
| Public Transit | 0.4% |
| Work From Home | 7.8% |
Businesses
| Total Establishments | 7,597 |
| Restaurants | 599 |
| Healthcare | 699 |
| Retail | 859 |
| Manufacturing | 96 |
Tax
| IRS Avg AGI | $86,459 |
| Avg Property Tax | $6,037 |
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