Okaloosa County, FL
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 30.61, -86.59.
Assembled 2026-10-06. Read the brief.
- 79th pct · 624th of 3,063 US counties · median $234,566
- 66th pct · 23rd of 67 Florida counties · median $307,929
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
- 27th pct · 2,235th of 3,063 US counties · median +2.9%
- 71st pct · 20th of 67 Florida counties · median -0.8%
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
- 82nd pct · 245th of 1,399 US counties · median $1,496
- 60th pct · 19th of 47 Florida counties · median $1,898
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
- 89th pct · 336th of 3,221 US counties · median 8,232
- 63rd pct · 25th of 67 Florida counties · median 43,443
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
- 84th pct · 499th of 3,221 US counties · median $1,039
- 83rd pct · 12th of 67 Florida counties · median $1,084
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
- 68th pct · 979th of 3,063 US counties · median 4.3
- 43rd pct · 38th of 67 Florida counties · median 5.4
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $353,011 (Aug 2026), +0.7% over one year, +12.5% over five
- 79th pct · 624th of 3,063 US counties · median $234,566
- 66th pct · 23rd of 67 Florida counties · median $307,929
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Okaloosa County, FL | $353,011 · +0.7% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,984/mo (Aug 2026), +3.3% over one year; price-to-rent 14.8
- 82nd pct · 245th of 1,399 US counties · median $1,496
- 60th pct · 19th of 47 Florida counties · median $1,898
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Okaloosa County, FL | $1,984/mo · +3.3% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $1,932 a month on $353,011 at 7.28%, against an average weekly wage worth $5,625 a month: 34.4% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $353,011 × 80% = $282,409, r = 7.28%/12 (Freddie Mac PMMS via FRED, 2026-10-01), n = 360 → $1,932/mo principal and interest
- wage share = payment / (avg weekly wage $1,298 × 52 / 12 = $5,625) = 34% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $353,011 / ($1,298 × 52) = 5.2
- price-to-rent = $353,011 / ($1,984 × 12) = 14.8
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
88,843 jobs at 7,598 employers (2026 Q1); -1.0% jobs and +3.8% average weekly wage over the year
- 89th pct · 336th of 3,221 US counties · median 8,232
- 63rd pct · 25th of 67 Florida counties · median 43,443
- counties in the Crestview-Fort Walton Beach-Destin metro: Rank context is unavailable: the manifest lists 2 counties in the Crestview-Fort Walton Beach-Destin metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Okaloosa County, FL | 88,843 jobs · $1,298/wk · -1.0% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Accommodation and food services | 13,079 | $564 | 1.64 | -1.9% |
| Retail trade | 11,693 | $777 | 1.35 | -2.0% |
| Professional and technical services | 11,186 | $2,188 | 1.83 | +1.1% |
| Health care and social assistance | 10,558 | $1,150 | 0.79 | +3.2% |
| Administrative and waste services | 4,435 | $1,109 | 0.88 | +0.0% |
| Construction | 4,196 | $1,177 | 0.90 | +0.1% |
| Manufacturing | 2,957 | $1,871 | 0.41 | +1.7% |
| Other services | 2,887 | $853 | 1.09 | -4.4% |
| Real estate and rental | 2,419 | $895 | 1.78 | +4.8% |
| Finance and insurance | 2,168 | $2,156 | 0.60 | -2.3% |
| Transportation and warehousing | 1,433 | $1,276 | 0.38 | +13.0% |
| Arts, entertainment and recreation | 1,411 | $622 | 0.96 | +3.4% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
D0 abnormally dry
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$5.3 bn in deposits at 54 offices of 22 banks (SOD June 2026); HHI 857, unconcentrated. $3.3 bn federal obligations in FY2026 (direct payments $1.8 bn, contracts $1.4 bn), $37,453 per covered job
| Item | Value | Distance |
|---|---|---|
| Pinnacle Bank | $742.9 m · 14.1% share · 5 offices | |
| Regions Bank | $662.9 m · 12.6% share · 7 offices | |
| Hancock Whitney Bank | $627.5 m · 12.0% share · 4 offices | |
| Okaloosa, FL | $3.3 bn FY2026 · $37,453/job | |
| MULTIPLE RECIPIENTS | $1.8 bn · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Pinnacle Bank | $742,948,000 | 14.1% | 5 |
| Regions Bank | $662,937,000 | 12.6% | 7 |
| Hancock Whitney Bank | $627,550,000 | 12.0% | 4 |
| Bank of America, National Association | $522,667,000 | 10.0% | 3 |
| FNBT BANK | $474,798,000 | 9.0% | 7 |
| Wells Fargo Bank, National Association | $388,347,000 | 7.4% | 3 |
| United Fidelity Bank, fsb | $328,757,000 | 6.3% | 1 |
| Renasant Bank | $280,538,000 | 5.3% | 3 |
| PNC Bank, National Association | $191,942,000 | 3.7% | 4 |
| Trustmark Bank | $157,515,000 | 3.0% | 2 |
Deposit concentration is 857 across 22 banks, which the 1995 Department of Justice bank merger screen calls unconcentrated.
HHI = Σ (share %)² over 22 banks with deposits in the county = 14.1² + 12.6² + 12.0² + … (19 more) = 857
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Department of Defense | $1,243,820,039 |
| Social Security Administration | $1,053,264,938 |
| Department of Veterans Affairs | $748,686,198 |
| General Services Administration | $114,101,116 |
| Department of Transportation | $67,842,781 |
| Department of Homeland Security | $51,473,876 |
| Department of Housing and Urban Development | $14,380,440 |
| Department of Education | $10,106,431 |
| Department of Justice | $9,752,084 |
| Department of the Interior | $5,028,595 |
| Department of Health and Human Services | $3,743,391 |
| Railroad Retirement Board | $2,762,697 |
That is $37,453 per covered job, against 88,843 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $3.3 bn / 88,843 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $37,453
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 12.69 | 2026-10-05 | +3.3% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.60 | 2026-10-06 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 6.00 | 2026-09-22 | -14.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 6,830.00 | 2026-08-01 | +7.4% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 96.16 | 2026-09-29 | -3.2% |
| 30-year fixed mortgage rate · % | 7.28 | 2026-10-01 | +3.6% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 646,347.00 | 2026-08-01 | +1.1% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Okaloosa County, FL: 7 findings, 2 at a watch level and 5 noted
watchOkaloosa County, FL's covered employment is -1.0% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -1 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchOkaloosa County, FL's typical home value of +0.7% scores 27 on the 0-to-100 scale across US counties but 71 across Florida counties, a gap of 44 points.
Period 2026-08.Show the arithmetic
- 44 = |27 across US counties - 71 across Florida counties|
position among the entities that published this metric this period; not an official level
noteOkaloosa County, FL's average weekly wage was 3.8% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +3.8 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteOkaloosa County, FL's covered employment was 1.0% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -1 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteOkaloosa County, FL's typical asking rent rose 0.9% from $1,966 in July 2026 to $1,984 in August 2026, on Zillow ZORI.
Period 2026-08.Show the arithmetic
- +0.9% = (1983.5106855493268 - 1965.5644641375495) / 1965.5644641375495 × 100
- 1983.5106855493268 = Zillow ZORI, 2026-08
- 1965.5644641375495 = Zillow ZORI, 2026-07
Read all 7 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.