Walton County, Florida
Walton County
Walton County is part of the Northwest Florida region, along with Bay, Santa Rosa, Escambia, Holmes, Jackson, Washington, Okaloosa, Calhoun, Liberty, Gulf, Franklin, Gadsden, Leon, Jefferson, and Wakulla counties. Largest industries by employment are leisure & hospitality; trade, transportation, & utility; and education & health services. Major private sector employers for Walton County are Sandestin Golf and Beach Resort, Sacred Heart on the Emerald Coast, ResortQuest, and Hilton Sandestin Beach Golf Resort & Spa. Top public sector employers include Walton County School Board and Walton County Government. Cities and towns in Walton County include DeFuniak Springs, Freeport, and Paxton.
Walton County Florida Cities
There are 9 cities in Walton County Florida. These are listed below. Click on a link for details.
Argyle, Defuniak Springs, Freeport, Miramar Beach, Mossy Head, Paxton, Ponce De Leon, Rosemary Beach, Santa Rosa Beach,
Walton County has a population of approximately 57,582 people. The population increased 4.6% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Walton County is 1037.63 square miles and had a population density of 53 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.
There are 45,682 housing units in Walton County (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Walton County has a 74.0% homeownership rate compared to Florida's rate of 69.0%. Walton County's medium household income in 2011 was $46,926, which is lower than the medium income for Florida as a whole: $47,827.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 19,317,568 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Walton County | 57,582 | $1,223 | 4.6% | $46,926 | 45,682 | $174,000 |
14.9% of the population in Walton County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:
- Walton County Census Data
- University of Florida Bureau of Economic and Business Research - Walton County
Walton County Economic Activity
The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Walton County. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $1,223 million, Walton County's economic activity represents 0.19% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $0 | 0.0% |
| Merchant wholesaler sales | $205 | 16.8% |
| Retail sales | $705 | 57.7% |
| Accommodation and food services sales | $313 | 25.6% |
| Total | $1,223 | 100% |
Walton County Regional Comparisons
Walton County is located in Northwest Florida. This region is responsible for 4.6% of Florida's economic activity. Walton County represents 4.2% of the region's economy.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Escambia County | 302,715 | $8,505 | 1.7% | $43,707 | 136,551 | $145,000 |
| Santa Rosa County | 158,512 | $1,467 | 4.7% | $55,913 | 65,728 | $173,400 |
| Okaloosa County | 190,083 | $4,417 | 5.1% | $54,140 | 92,394 | $196,800 |
| Walton County | 57,582 | $1,223 | 4.6% | $46,926 | 45,682 | $174,000 |
| Holmes County | 19,804 | $81 | -0.6% | $33,510 | 8,649 | $86,800 |
| Jackson County | 48,968 | $836 | -1.6% | $39,869 | 21,011 | $97,200 |
| Washington County | 24,892 | $195 | 0.0% | $37,036 | 10,864 | $96,600 |
| Bay County | 171,903 | $4,852 | 1.8% | $48,225 | 99,828 | $168,400 |
| Calhoun County | 14,723 | $74 | 0.7% | $31,142 | 6,069 | $80,200 |
| Liberty County | 8,276 | $28 | -1.1% | $40,893 | 3,362 | $80,600 |
| Gulf County | 15,718 | $95 | -0.9% | $41,291 | 9,148 | $150,600 |
| Franklin County | 11,686 | $130 | 1.2% | $37,017 | 8,665 | $170,100 |
| Gadsden County | 46,528 | $1,106 | -2.6% | $33,453 | 19,561 | $109,000 |
| Leon County | 283,769 | $5,470 | 3.0% | $45,827 | 124,701 | $195,300 |
| Jefferson County | 14,256 | $139 | -3.4% | $42,096 | 6,727 | $125,000 |
| Wakulla County | 30,818 | $195 | 0.1% | $54,151 | 12,721 | $136,900 |
| Total | 1,400,233 | $28,814 | 0.8% | $42,825 | 671,661 | $136,619 |
Walton Real Estate
There are 39,136 properties in Walton County. The following table shows a summary of them based on 2013 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 35 | $600,000 | $97 | January 1st, 2013 | September 1st, 2013 |
| Government Property | 201 | 0.51 | 9 | $65,000 | $50 | January 1st, 2013 | August 1st, 2013 |
| Residential Property | 0 | 0.00 | 1,185 | $220,000 | $103 | January 1st, 2013 | September 1st, 2013 |
Commercial Real Estate in Walton County, Florida
0( .00%) of the properties in Walton County are classified as Commercial. 35 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $36,192,185. The median sales price was $600,000. In 2013 the median sales price for A Class Commercial Property in Walton County was $342 per sq ft, B Class properties sold for $97/ft and C Class $23/ft.
Government Real Estate in Walton County, Florida
201( .51%) of the properties in Walton County are classified as Government. 9 of them sold between January 1st, 2013 and August 1st, 2013. The total value of these sales was $1,054,200. The median sales price was $65,000. In 2013 the median sales price for Government Property in Walton County was $50 per sq ft.
Residential Real Estate in Walton County, Florida
0( .00%) of the properties in Walton County are classified as Residential. 1,185 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $481,157,594. The median sales price was $220,000. In 2013 the median sales price for A Class Residential Property in Walton County was $262 per sq ft, B Class properties sold for $103/ft and C Class $28/ft.
Additional Details:
Walton Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 2,014 | 3,884,524 |
| Government Property | 179 | 1,491,455 |
| Health Care | 1 | 23,674 |
| Hotel & Motel | 190 | 701,255 |
| Industrial | 180 | 2,034,153 |
| Land | 3,777 | 1,733,140 |
| Miscellaneous Property | 20 | 85,348 |
| Mobile/Manufactured | 4,304 | 5,734,960 |
| Multifamily | 323 | 1,410,340 |
| Office | 184 | 900,257 |
| Residential | 30,897 | 44,513,811 |
| Retail | 750 | 4,818,301 |
| Senior Housing | 4 | 238,196 |
| Special Purpose | 210 | 1,337,343 |
| Sports & Entertaining | 15 | 125,068 |