Okaloosa County, Florida

Income Data

+21% vs. Florida average
$79,097
Median Household Income
$42,261
Per Capita Income

At a Glance

Median Household Income
$79,097
+21% vs. state avg
Per Capita Income
$42,261
+7% vs. national
Income-to-Housing Ratio
24.4%
income as % of home value
Rank in Florida
#12 / 67
by median household income

How Okaloosa County Compares

Okaloosa County$79,097
Florida Average$65,468
National Median$74,755

Detailed Income Statistics

$79,097
Median Household Income
$42,261
Per Capita Income
$324,800
Median Home Value
24.4%
Income-to-Housing Ratio

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

What is the median household income in Okaloosa County, Florida?
The median household income in Okaloosa County, Florida is $79,097, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Okaloosa County?
The per capita income in Okaloosa County is $42,261, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $79,097.
How does Okaloosa County compare to the Florida average?
Okaloosa County's median household income of $79,097 is higher than the Florida state average of $65,468. The per capita income is $42,261, compared to the state average of $35,698.
What is the per capita income in Okaloosa County, Florida?
The per capita income in Okaloosa County, Florida is $42,261, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Okaloosa County income higher than the Florida average?
Okaloosa County's median household income of $79,097 is higher than the Florida average of $65,468. This difference of $13,629 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Okaloosa County rank for income in Florida?
Okaloosa County ranks #12 out of 67 counties in Florida by median household income (1 = highest). With a median household income of $79,097 and per capita income of $42,261, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Okaloosa County

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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%

vs. Okaloosa County MedianAbout equal
vs. Florida Average21% above
vs. National Median6% above

Income Adequacy

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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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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.