Okaloosa County, Florida
Income Data
At a Glance
How Okaloosa County Compares
Detailed Income Statistics
Data Story
About Household Income in Okaloosa County, Florida
Okaloosa exceeds national income standard
Okaloosa County's median household income of $79,097 surpasses the national median of $74,755 by $4,342, positioning the county firmly above the national average. The presence of Eglin Air Force Base significantly supports the county's economic stability.
Strong performer in Florida
At $79,097, Okaloosa's median household income ranks well above Florida's state average of $65,468 by $13,629. The county consistently ranks in the upper half of Florida counties for household earnings.
Competitive with regional peers
Okaloosa's $79,097 places it close to Martin County ($80,701) and Orange County ($77,011), reflecting northwest Florida's solid economic foundation. The region's military presence and tourism industry create stable, diversified employment.
Housing costs remain manageable
Okaloosa's rent-to-income ratio of 22.4% sits comfortably below the 28% threshold, meaning housing costs consume roughly one-fifth of earnings. With a median home value of $324,800, homeownership is achievable for typical households.
Build on stable foundations
Okaloosa residents enjoy above-average incomes paired with reasonable housing costs, creating room for consistent savings and investment. Take advantage of employer retirement plans, especially if employed by the military or related sectors, and consider working with a financial advisor on long-term wealth strategies.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Okaloosa County median
County median: $79,097 per year
vs. County Median
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vs. State Average
+21%
vs. National Median
+6%
Income Adequacy
Your monthly income ($6,591) vs. median rent ($1,475/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.