Fort Walton Beach, FL located in Okaloosa County is a great place to live. With a population of approximately 20,357 people, it is an affordable city with 2 bedroom rent averaging $1,390 which is lower than the US average of $1,430. The city is home to many local companies such as Eglin Federal Credit Union, Gulf Power Company, and Marina Market & Deli. In terms of grocery cost index it is on par with the US average of 100. This makes Fort Walton Beach a great place to move for those looking for affordability without sacrificing the amenities they desire.
Fort Walton Beach (zip 32548) has an unemployment rate of 4.0%. The US average is 6.0%.
Fort Walton Beach (zip 32548) has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 46.2%, which is higher than the US average of 33.5%.
Tax Rates for Fort Walton Beach (zip 32548)
- The Sales Tax Rate for Fort Walton Beach (zip 32548) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Walton Beach (zip 32548) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fort Walton Beach (zip 32548)
- The average income of a Fort Walton Beach (zip 32548) resident is $36,116 a year. The US average is $37,638 a year.
- The Median household income of a Fort Walton Beach (zip 32548) resident is $55,726 a year. The US average is $69,021 a year.