Okeechobee County, FL

Comprehensive housing, income, and cost of living data for Okeechobee County, Florida. Population: 39.9K.

Median Home Price
$283.4K

Based on 2 cities

Median Household Income
$52.3K

Annual household income

Price-to-Income Ratio
5.4x

Less affordable

Salary Needed to Buy
$71.3K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,349

Average annual amount

Effective Tax Rate
0.48%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,433
Property Tax$112
Insurance$118
Total Monthly$1,664
Historical Home Prices
2015
$109.3K
2016
$118.7K
+8.6%%
2017
$131.4K
+10.7%%
2018
$149.0K
+13.4%%
2019
$161.2K
+8.2%%
2020
$176.6K
+9.5%%
2021
$215.2K
+21.9%%
2022
$251.7K
+17.0%%
2023
$268.8K
+6.8%%
2024
$280.2K
+4.3%%
2025
$279.9K
-0.1%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.1%%

Below national average

Population Density
52

People per square mile

Homicide Rate
7.0

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
62.7%
Black
7.7%
Hispanic
25.5%
Asian
0.9%
Two or More Races
2.7%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
74°F

Annual average

Sunny Days
183

Days per year

Annual Rainfall
51.7"

Inches per year

Natural Disaster Risk
High Risk

Score: 80/100

January Low
19°F

Average winter low

July High
84°F

Average summer high