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

Frequently Asked Questions

What is the median home price in Okeechobee County, FL?

The median home price in Okeechobee County, Florida is $283.4K. The price-to-income ratio is 5.4x, meaning the median home costs 5.4 times the median household income.

What salary do you need to buy a home in Okeechobee County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $71.3K per year to buy the median home in Okeechobee County, FL. Monthly housing costs break down to $1,433 for mortgage, $112 for property tax, and $118 for insurance.

What is the property tax rate in Okeechobee County?

The effective property tax rate in Okeechobee County is 0.48%, which comes to approximately $1,349 per year on the median home.

What is the median household income in Okeechobee County?

The median household income in Okeechobee County, Florida is $52.3K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.1%%.

Is Okeechobee County a good place to live?

Okeechobee County, Florida has a population of 39.9K. Housing affordability is moderate with a price-to-income ratio of 5.4x. The climate averages 74 degrees F with 183 sunny days per year. Compare Okeechobee County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.