Fort Walton Beach Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Fort Walton Beach, Florida? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Fort Walton Beach, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Fort Walton Beach is $61,820.00.

The chart below shows the average household income by age in Fort Walton Beach.

  • Under 25
    $37,217.00
  • 25 to 44
    $61,771.00
  • 45 to 64
    $70,081.00
  • 65 and over
    $55,816.00

Average Household Income

A very commonly asked question is "what is the average household income in Fort Walton Beach, Florida?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Fort Walton Beach is $84,455.00.

6.21% of households in Fort Walton Beach, Florida are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Fort Walton Beach but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Fort Walton Beach

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Fort Walton Beach, Florida easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    14.59%
  • $25,000 to $49,999
    24.62%
  • $50,000 to $74,999
    20.41%
  • $75,000 to $99,999
    13.31%
  • $100,000 to $149,999
    14.88%
  • $150,000 to $199,999
    5.98%
  • $200,000 or more
    6.21%

Per Capita Income

The per capita income is the average income of all people in Fort Walton Beach, Florida. This is calculated by dividing the total income of all people in Fort Walton Beach by the total number of people in Fort Walton Beach.

It differs from the average or mean household income because it includes all people in Fort Walton Beach and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Fort Walton Beach, Florida is $36,251.00.

Population in Fort Walton Beach by Race and Ethnicity

The total population in Fort Walton Beach is currently 20,919 people.

The race and ethnicity of the population in Fort Walton Beach can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Fort Walton Beach, Florida.

  • 4.30% White
    900
  • 88.90% Black/African American
    18,590
  • 67.70% Native
    14,164
  • 8.80% Hispanic
    1,844
  • 10.90% Asian
    2,271
  • 0.00% Hawaiian/Pacific Islander
    6
  • 0.30% Two or more races
    70
  • 4.70% Other
    984

Population of Fort Walton Beach by Age and Gender

Another very important demographics statistic for Fort Walton Beach, Florida is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 1,395 1,258
10 to 19 Years 1,385 987
20 to 29 Years 1,394 1,179
30 to 39 Years 1,515 1,439
40 to 49 Years 1,376 1,155
50 to 59 Years 1,262 1,214
60 to 69 Years 1,352 1,270
70 Years and over 1,025 1,713

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Fort Walton Beach, Florida.

  • Master's degree or higher
    12.48%
  • Bachelor's degree
    29.79%
  • Some college or associate's degree
    14.98%
  • High school diploma or equivalent
    40.76%
  • Less than high school diploma
    1.99%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Fort Walton Beach because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Fort Walton Beach look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Fort Walton Beach, Florida that are over the age of 16.

The current population in Fort Walton Beach that are over the age of 16 is 16,631 people.

The unemployment rate in Fort Walton Beach is 3.90%, which means 392 people are unemployed.

Median Age in Fort Walton Beach

The median age is an interesting metric because it gives us an idea of the age distribution of people in Fort Walton Beach, Florida. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Fort Walton Beach is 39.7 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Fort Walton Beach

39.7

Total

38.2

Male

42.1

Female

Households and Families

There are a total of 8,840 households in Fort Walton Beach, and the average household size is 2.32 people.

For families, the total number is 5,078, and the average family size is 3.02 people.

8.90% of those families in Fort Walton Beach, Florida are living below the poverty line.

The table below shows the poverty thresholds for Fort Walton Beach in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Fort Walton Beach, Florida for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 3,673 439 966 3,762
Average Household Size 3.01 3.22 3.55 1.23
Total Families 3,673 439 966 0
Average Household Size 2.99 2.82 3.23 0

Housing Data in Fort Walton Beach

There are total of 10,013 housing units in Fort Walton Beach, Florida. Of those units, 8,840 (88.29%) are occupied, and 1,173 (11.71%) are vacant.

Rental Rates

Of the 10,013 housing units in Fort Walton Beach, 3,342 (33.38%) are occupied by renters. The median rent paid by renters is $1,181.00.

Owner occupied housing units make up the remaining 53.78% of housing units, with 5,385 housing units in total.

The table below breaks down how much rent is paid by renters in Fort Walton Beach, Florida.

  • No rent paid
    113
  • Less than $500
    135
  • $500 to $999
    862
  • $1,000 to $1,499
    1,512
  • $1,500 to $1,999
    585
  • $2,000 to $2,499
    140
  • $2,500 to $2,999
    33
  • $3,000 or more
    75

Property Values

The median value of a property in Fort Walton Beach is $272,400.00.

The table below breaks down the range of valuations for all properties in Fort Walton Beach.

  • Less than $50,000
    95
  • $50,000 to $99,999
    177
  • $100,000 to $149,999
    406
  • $150,000 to $199,999
    760
  • $200,000 to $299,999
    1,771
  • $300,000 to $499,999
    1,520
  • $500,000 to $999,999
    532
  • $1,000,000 or more
    124

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Fort Walton Beach, Florida.

  • 1939 or earlier
    66
  • 1940 to 1949
    223
  • 1950 to 1959
    1,824
  • 1960 to 1969
    2,575
  • 1970 to 1979
    1,865
  • 1980 to 1989
    1,399
  • 1990 to 1999
    741
  • 2000 to 2009
    637
  • 2010 to 2013
    675
  • 2014 or later
    8

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Fort Walton Beach has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    395
  • 1 vehicle available
    3,763
  • 2 vehicles available
    3,137
  • 3 or more vehicles available
    1,545

Commuting to Work in Fort Walton Beach

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Fort Walton Beach, Florida, how they commute, and how that correlates to other data points.

The average travel time is 21.3 minutes, and the chart below covers the range of travel times across the population of Fort Walton Beach.

  • Less than 5 minutes
    273
  • 5 to 9 minutes
    1,410
  • 10 to 14 minutes
    1,844
  • 15 to 19 minutes
    1,580
  • 20 to 24 minutes
    1,950
  • 25 to 29 minutes
    529
  • 30 to 34 minutes
    863
  • 35 to 39 minutes
    147
  • 40 to 44 minutes
    279
  • 45 to 59 minutes
    322
  • 60 to 89 minutes
    389
  • 90 or more minutes
    193

We can also look at the means of transport in Fort Walton Beach to see which modes of transport people are using to commute to work.

  • Drove alone
    8,310
  • Carpooled
    859
  • Public transportation
    105
  • Walked
    204
  • Other means
    301
  • Worked from home
    742

Conclusion

Hopefully this article has given you the demographics data you were looking for in Fort Walton Beach, Florida.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Fort Walton Beach.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Fort Walton Beach Average Income, Population and Demographics". NameCensus.com. Accessed on June 20, 2024. https://namecensus.com/demographics/florida/okaloosa-county/fort-walton-beach/.

  • "Fort Walton Beach Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/florida/okaloosa-county/fort-walton-beach/. Accessed 20 June, 2024

  • Fort Walton Beach Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/florida/okaloosa-county/fort-walton-beach/.