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Okaloosa County Housing Market

Florida · 67 counties · Ranked #2733 in home value

Above National Avg

Housing at a Glance

Median Home Value

$324,800

vs national+$324,800 vs $281,900 national

Median Gross Rent

$1,475/mo

vs national+$1,475 vs $1,163 national

Effective Tax Rate

0.60%

vs national0.60% vs 1.02% national

Median Household Income

$79,097

vs national+$79,097 vs $74,755 national

Affordability Ratio

4.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

31.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,948

Tax as % of Home Value

0.60%

Monthly Owner Cost

$1,404

Renter Income

$57,349

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Frequently Asked Questions

What is the median home value in Okaloosa County?

The median home value in Okaloosa County is $324,800. This is above the national median of $281,900.

How much is rent in Okaloosa County?

The median gross rent in Okaloosa County is $1,475 per month.

What is the property tax rate in Okaloosa County?

The effective property tax rate in Okaloosa County is 0.60%. The median annual property tax bill is $1,948.

Is Okaloosa County affordable?

With a home-value-to-income ratio of 4.1x, Okaloosa County is moderately affordable compared to the recommended 3-4x guideline.

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