MyNeighborhood

Can you afford to live in FORT WALTON BEACH?

Median household income, home values and rent in FORT WALTON BEACH, FL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in FORT WALTON BEACH.

Median household income: $67,077 — +49.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,419/mo — +57.3% since 2015

Median home value, 2015 to 2023

  • 2015: 159800
  • 2023: 270700

Median household income

  • FORT WALTON BEACH: 67077
  • Okaloosa County: 79097
  • FL: 71711
  • U.S.: 78538

Median gross rent

  • FORT WALTON BEACH: 1419
  • Okaloosa County: 1475
  • FL: 1564
  • U.S.: 1348

Share of income a typical renter spends on rent: 32.3% — U.S.: 30.2%

What it means

The typical household here earns $67,077 — notably lower than the national figure of $78,538.

The typical renter here spends 32.3% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+57.3% versus +49.1%), before adjusting for inflation.

Sources

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