Cost of Living in Fort Walton Beach, Florida
Fort Walton Beach has a population of about 21,025. The median household income is $68,538, median gross rent is $1,307/month, and the median home value is $321,800. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Fort Walton Beach expensive to live in?
Compared with the national median in this dataset, rent in Fort Walton Beach is 21% below the national median and home values are 14% below the national median. Household income here is 18% below the national median. Monthly rent represents roughly 23% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Fort Walton Beach?
The median gross rent in Fort Walton Beach, Florida is $1,307 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Fort Walton Beach?
The median owner-occupied home value in Fort Walton Beach is $321,800 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Fort Walton Beach?
The median household income in Fort Walton Beach is $68,538 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.