Okaloosa County Real Estate - Niceville

Niceville is in North West Florida. It's population as recorded in the 2010 Census was 12,749. Niceville is approximately 44 miles from Pensacola (population 51,923) and around 55 miles from Panama City (population 36,484).

The median age for residents of Niceville is 42.2. Around 30.4% of Niceville households include school aged children and 27.1% of households include individuals aged 65 years or over. Census records indicate 87.2% of the Niceville population are White, 4.1% are Black or African American, .6% American Indian, 3.1% Asian and 3.9% are Two or more Races.

There are 5,695 housing units in Niceville. 454 (7.9%) of these were reported as vacant in the 2010 Census. There are 1,788 residential rental units in Niceville. 1,590 of them were occupied in 2010 providing a residential rental vacancy rate of 10.9%.

Niceville links:

Okaloosa County

Okaloosa County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Walton, Holmes, Jackson, Washington, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Okaloosa has a population over 180,000. The county is part of one of the fastest growing regions in the nation. The county is located in the panhandle, with the southern portion bordering the Gulf of Mexico and the northern portion on the Georgia border.

Top industries in Okaloosa County are government, professional & business services, trade & transportation, leisure and hospitality, and education & health services. Several air force and army facilities are located in Okaloosa County, including Eglin Air Force Base, Hurlburt Field, and Duke Field. By size, Eglin is the largest Air Force base in the country and is responsible for the development, acquisition, testing, and deployment of all air-delivered weapons. Okaloosa county's white sand beaches also attract many tourists to the area. Top private sector employers are Fort Walton Beach Medical Center, L-3 Communications/Crestview Aerospace, DRS Training & Control Systems, InDyne Inc, and ResortQuest. Major public sector employers are US Department of Defense-Eglin AFB, Okaloosa School District, and County of Okaloosa-Sheriff's Department.

Defense is major business in Okaloosa. Of the ten largest defense contractors in the state, six have a presence in Okaloosa. 350 such companies provide 21,000 jobs and contribute over $6.5 billion to the economy.

Okaloosa is a major transportation hub. Indeed, its county seat, Crestview, is nicknamed the "Hub City". With two rivers, a CSX railroad line, and access to multiple highways including Interstate-10, the city is at the center of the region.

Northwest Florida State College has five campuses throughout the county, with its main campus in Niceville. Troy University also has campuses in the county, including one on Eglin AFB.

Neighboring Properties

AddressTypeSq FtClass 
1617 Myrtlewood Ln Single Family 2,355 B
4553 Castlewood Ln Single Family 2,368 B
1620 Myrtlewood Ln Single Family 2,423 B
1615 Myrtlewood Ln Single Family 2,344 B
4551 Castlewood Ln Single Family 2,722 B
4555 Castlewood Ln Single Family 2,440 B
1618 Myrtlewood Ln Single Family 2,623 B
4558 Castlewood Ln Single Family 2,296 B
4557 Castlewood Ln Single Family 2,077 B
1616 Myrtlewood Ln Single Family 2,347 B
4549 Castlewood Ln Single Family 2,584 B
1613 Myrtlewood Ln Single Family 2,238 B
4560 Castlewood Ln Single Family 2,096 B
4559 Castlewood Ln Single Family 2,786 B
1614 Myrtlewood Ln Single Family 2,350 B
4554 Knollwood Ln Single Family 2,513 B
4552 Knollwood Ln Single Family 2,685 B
4572 Castlewood Ln Single Family 2,565 B
4556 Knollwood Ln Single Family 2,136 B
1611 Myrtlewood Ln Single Family 2,476 B
4561 Castlewood Ln Single Family 2,174 B
4574 Castlewood Ln Single Family 2,101 B
1612 Myrtlewood Ln Single Family 2,274 B
4570 Castlewood Ln Single Family 2,225 B
4558 Knollwood Ln Single Family 2,658 B
4550 Knollwood Ln Single Family 2,375 B
4560 Knollwood Ln Single Family 2,593 B
4563 Castlewood Ln Single Family 2,385 B
1610 Myrtlewood Ln Single Family 2,061 B
1609 Myrtlewood Ln Single Family 2,395 B
4576 Castlewood Ln Single Family 2,464 B
4562 Knollwood Ln Single Family 2,398 B
1608 Myrtlewood Ln Single Family 2,524 B
1606 Myrtlewood Ln Single Family 2,681 B
4569 Castlewood Ln Single Family 2,243 B
4553 Knollwood Ln Single Family 2,660 B
4565 Castlewood Ln Single Family 2,103 B
4571 Castlewood Ln Single Family 2,328 B
4551 Knollwood Ln Single Family 2,750 B
1614 Chadwick Ln Single Family 1,375 C
4573 Castlewood Ln Single Family 2,083 B
4567 Castlewood Ln Single Family 2,058 B
1655 Knollwood Way Single Family 3,095 B
4564 Knollwood Ln Single Family 2,314 B
4577 Castlewood Ln Single Family 2,539 B
1612 Chadwick Ln Single Family 1,368 C
4557 Knollwood Ln Single Family 2,222 B
4575 Castlewood Ln Single Family 2,350 B

Local Household Income

The median household income in this part of Florida is $68,549. The bottom 10% of the population earn less than $21,092 per year. The top 10% earn more than $162,114 per year. The top 1% earn more than $423,170 per year. Most renters earn between $33,396 (20th percentile) and $58,956 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $137,098 and $171,373.

The tax assessed value of this property places it in percentile 85 of all properties in this area. This suggests it would appeal to someone earning around $138,365 per year who should qualify for a mortgage between $276,730 and $345,913.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,020. Most renters earn between $2,783 and $4,913 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $744 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 12%.

This property falls in percentile 85 of all properties in this area. This corresponds to a rent of $1,443 per month and a monthly household income of $5,172 ($62,064 per year)

Nearby Companies

Basch Marketing LLC
1613 Myrtlewood Ln
Munder Difflin, LLC
4559 Castlewood Ln
A Graceful View, LLC
4557 Knollwood Ln
Sunny Days Prop Jox LLC
1655 Knollwood Way
Disclaimers and Disclosures

Public Records Data

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