Income & Economy in Fort Walton Beach, FL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$66,556

-9% vs national

Per Capita Income

$37,973

+2% vs national

Poverty Rate

13.8%

+2% vs national

Gini Index

0.4522

0 = perfect equality

Unemployment

3.9%

-25% vs national

SNAP Recipients

9.9%

of households

How Fort Walton Beach Compares

Source: Census ACS (2023)

Fort Walton Beach vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Fort Walton Beach is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Fort Walton Beach. The median household income here is $66,556.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.8%
$25-50K
23.9%
$50-75K
20.2%
$75-100K
14.9%
$100-150K
13.4%
$150-200K
7.4%
$200K+
7.5%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.9%

-21% vs FL avg

Labor Force

11,398

Employed

10,155

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

19.4%

of adults 25+

High School Diploma+

40.0%

of adults 25+

Median Age

39.2

Work from Home

7.8%

of workers

The median household income in Fort Walton Beach, FL is $66,556, which is 9.1% below the national average of $73,224. Per capita income is $37,973. The poverty rate of 13.8% is higher than the FL state average of 13.5%. The Gini index of income inequality is 0.4522, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.9%, compared to the state average of 4.9%. 19.4% of adults hold a bachelor's degree or higher.