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Fort Walton Beach, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
21,025
Population
$68,538
Median Income
$321,800
Home Value
39.1
Median Age

Demographics

Fort Walton Beach has a population of 21,025 with a median age of 39.1. Here is the racial and ethnic breakdown of the population:

White
66.2%
Hispanic
13.0%
Black
11.9%
Other
4.9%
Asian
4.0%
Demographic Value
Total Population21,025
Median Age39.1
White66.2%
Black or African American11.9%
Asian4.0%
Hispanic or Latino13.0%
Other / Two or More Races4.9%
Fort Walton Beach, Florida — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 66.2%Hispanic/Latino: 13.0%Black: 11.9%Other: 4.9%Asian: 4.0%21,025PopulationWhiteWhite66.2%Hispanic/LatinoHispanic/Latino13.0%BlackBlack11.9%OtherOther4.9%AsianAsian4.0%

Income & Economy

The median household income in Fort Walton Beach is $68,538, which is 15.0% below the national median of $80,610. The per capita income is $37,937. The poverty rate is 13.3%.

$68,538
Median Household Income
$37,937
Per Capita Income
13.3%
Poverty Rate

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Education

In Fort Walton Beach, 91.9% of residents age 25+ have a high school diploma or higher, and 29.7% hold a bachelor's degree or higher (9.1% with a graduate or professional degree).

HS Diploma+
91.9%
Bachelor's+
29.7%
Graduate+
9.1%
Education Level % of Adults (25+)
High School Diploma or Higher91.9%
Bachelor's Degree or Higher29.7%
Graduate or Professional Degree9.1%

Housing

The median home value in Fort Walton Beach is $321,800, above the national median of $303,400. The median monthly rent is $1,307. The homeownership rate is 61.8%.

$321,800
Median Home Value
$1,307/mo
Median Rent
61.8%
Homeownership Rate
Housing Metric Value
Median Home Value$321,800
Median Monthly Rent$1,307
Homeownership Rate61.8%
Vacancy Rate10.9%

Salaries in Florida

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Frequently Asked Questions

What is the population of Fort Walton Beach, Florida?
The population of Fort Walton Beach, Florida is 21,025 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fort Walton Beach, Florida?
The median household income in Fort Walton Beach, Florida is $68,538. This is 15.0% below the national median of $80,610.
What is the median home value in Fort Walton Beach, Florida?
The median home value in Fort Walton Beach, Florida is $321,800. The median monthly rent is $1,307.
What percentage of people in Fort Walton Beach have a college degree?
In Fort Walton Beach, Florida, 29.7% of adults age 25 and older hold a bachelor's degree or higher, and 91.9% have a high school diploma or higher.
Is Fort Walton Beach, Florida an affordable place to live?
The home price-to-income ratio in Fort Walton Beach, Florida is 4.7x (median home value $321,800 vs. median income $68,538), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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