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Okeechobee

Learn about the people, housing, costs and businesses in Okeechobee, Florida

Median Home$185,651
Median Rent$1,116/month
Population5,176
Leading IndustriesWholesale Trade · Construction · Education13% wholesale trade
Home Value Growth⬆⬆⬆+25.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners75% of occupied units
NotableAmenity Score83/100 · highly walkable area
NotableTransit86/100 · excellent transit access
Okeechobee
FL

Frequently Asked Questions

What are today's mortgage rates in Okeechobee?

As of today, the 30-year fixed mortgage rate for Okeechobee is approximately 7.030% (7.071% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Okeechobee?

The median home value in Okeechobee is $186k. The median monthly rent is $1,116. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Okeechobee?

Home values in Okeechobee have increased 25.2% 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 Okeechobee?

Based on a typical all-in ownership cost of $937/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Okeechobee is $58k/year.

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What industries drive the economy in Okeechobee?

The largest employment sectors in Okeechobee are public administration (23%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.