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Okaloosa County

Learn about the people, housing, costs and businesses in Okaloosa County County

Median Home$374,608
Median Rent$1,587/month
Population216,599
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality3% education
Home Value Growth⬆⬆+15.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners68% of occupied units
NotableVeteran Community20% of residents · top 1% nationally
NotableAmenity Score75/100 · highly walkable area
Okaloosa County
FL

Frequently Asked Questions

What are today's mortgage rates in Okaloosa County?

As of today, the 30-year fixed mortgage rate for Okaloosa County is approximately 6.993% (7.019% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Okaloosa County
What is the median home price in Okaloosa County?

The median home value in Okaloosa County is $375k. The median monthly rent is $1,587. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Okaloosa County?

Home values in Okaloosa County have increased 15.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Okaloosa County?

Based on a typical all-in ownership cost of $1,518/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Okaloosa County is $85k/year.

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What industries drive the economy in Okaloosa County?

The largest employment sectors in Okaloosa County are public administration (19%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas