Okaloosa County Real Estate - Fort Walton Beach

Fort Walton Beach is in North West Florida. It's population as recorded in the 2010 Census was 19,507. Fort Walton Beach is approximately 36 miles from Pensacola (population 51,923) and around 60 miles from Panama City (population 36,484).

The median age for residents of Fort Walton Beach is 42.8. Around 25.3% of Fort Walton Beach households include school aged children and 31.7% of households include individuals aged 65 years or over. Census records indicate 77.7% of the Fort Walton Beach population are White, 12.3% are Black or African American, .6% American Indian, 3.2% Asian and 3.6% are Two or more Races.

There are 9,592 housing units in Fort Walton Beach. 1,191 (12.4%) of these were reported as vacant in the 2010 Census. There are 3,759 residential rental units in Fort Walton Beach. 3,241 of them were occupied in 2010 providing a residential rental vacancy rate of 13.6%.

Fort Walton Beach 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 
1002 High Grove Ct Single Family 2,098 C
1004 High Grove Ct Single Family 1,934 C
1000 High Grove Ct Single Family 1,940 C
1006 High Grove Ct Single Family 1,962 C
1008 High Grove Ct Single Family 1,779 C
1000 John Wayne Cir Single Family 1,547 C
998 John Wayne Cir Single Family 1,483 C
996 John Wayne Cir Single Family 1,360 C
1002 John Wayne Cir Single Family 1,766 C
208 Vicki Leigh Rd Single Family 2,593 C
1010 High Grove Ct Single Family 1,655 C
994 John Wayne Cir Single Family 1,774 C
Vicki Leigh Rd Vacant Residential 0 L
1003 High Grove Ct Single Family 1,926 C
1005 High Grove Ct Single Family 1,671 C
992 John Wayne Cir Single Family 1,654 C
1007 High Grove Ct Single Family 1,734 C
1001 High Grove Ct Single Family 1,712 C
1012 High Grove Ct Single Family 2,325 C
1009 High Grove Ct Single Family 1,598 C
990 John Wayne Cir Single Family 1,728 C
1011 High Grove Ct Single Family 1,671 C
988 John Wayne Cir Single Family 1,670 C
1001 John Wayne Cir Single Family 1,478 C
999 John Wayne Cir Single Family 1,591 C
997 John Wayne Cir Single Family 1,624 C
1003 John Wayne Cir Single Family 1,952 C
1014 High Grove Ct Single Family 1,458 C
1013 High Grove Ct Single Family 1,635 C
995 John Wayne Cir Single Family 1,619 C
209 Vicki Leigh Rd Vacant Residential 0 L
986 John Wayne Cir Single Family 1,450 C
993 John Wayne Cir Single Family 1,542 C
1015 High Grove Ct Single Family 1,628 C
933 Tray Dr Single Family 1,111 C
931 Tray Dr Single Family 1,111 C
35 Tray Dr Single Family 1,111 C
929 Tray Dr Single Family 1,111 C
937 Tray Dr Single Family 1,111 C
927 Tray Dr Single Family 1,111 C
939 Tray Dr Single Family 1,111 C
925 Tray Dr Single Family 1,111 C
991 John Wayne Cir Single Family 1,729 C
1016 High Grove Ct Single Family 1,713 C
941 Tray Dr Single Family 1,111 C
943 Tray Dr Single Family 1,111 C
984 John Wayne Cir Single Family 1,311 C
945 Tray Dr Single Family 1,111 C
947 Tray Dr Single Family 1,111 C

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 80 of all properties in this area. This suggests it would appeal to someone earning around $121,280 per year who should qualify for a mortgage between $242,560 and $303,200.

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 80 of all properties in this area. This corresponds to a rent of $1,362 per month and a monthly household income of $4,913 ($58,956 per year)

Nearby Companies

Reaves Cement, Inc.
1014 Highgrove Ct
Disclaimers and Disclosures

Public Records Data

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