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Fort Walton Beach, Florida Demographics & Population 2026

During the 2020–2024 ACS period, Fort Walton Beach, Florida had a total population of 21,025, the 198th largest city in Florida, with a median household income of $68,538, which is 8% lower than the state average. The poverty rate is 13.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Fort Walton Beach Quick Facts

Population 21,025
Median Household Income $68,538
Median Home Value $321,800
Poverty Rate 13.3%
Unemployment Rate 3.5%
Median Age 39.1 years
Homeownership Rate 61.8%
Affordability Ratio 4.7x
Bachelor's Degree or Higher 29.6%
High School Graduation Rate 91.9%
Diversity Index 55/100
Population 21,025 198th of 955
Median Income $68,538 average
Poverty Rate 13.3% 7% higher than national
Median Home Value $321,800 average

How Fort Walton Beach Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population20,95621,025+0.3%
Median household income$66,556$68,538+3.0%
Median home value$296,000$321,800+8.7%

How Fort Walton Beach Compares

Economy & Housing

Household Income Distribution

Under $25K 13.3%
$25K-$50K 21.2%
$50K-$100K 35.6%
$100K+ 29.9%
Detailed income brackets
Under $10K
4.4%
$10K-$15K
3.4%
$15K-$20K
3.3%
$20K-$25K
2.2%
$25K-$30K
2.1%
$30K-$35K
7.3%
$35K-$40K
4.5%
$40K-$45K
4.3%
$45K-$50K
3.1%
$50K-$60K
9.0%
$60K-$75K
12.2%
$75K-$100K
14.4%
$100K-$125K
8.5%
$125K-$150K
5.6%
$150K-$200K
8.4%
$200K+
7.4%

Employment

3.5% Unemployment Rate State: 4.8%|National: 5.2%
66.0% Labor Force Participation

Housing Overview

Owner 61.8%
Renter 38.2%
Affordability Index Moderate
4.7x home value to income ratio
Median gross rent $1,307/mo 22.9% of median household income annually

People & Demographics

Diversity Index

55out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

Fort Walton Beach Rankings in Florida

#198 Population of 955
#503 Median Income of 911
#453 Education of 955
#469 Home Value of 901

Other Cities in Okaloosa County

CityPopulationMedian IncomePovertyHome Value
Crestview 28,773 $65,480 11.2% $277,900
Wright 27,927 $70,195 16.7% $306,100
Niceville 16,544 $102,409 10.3% $423,500
Destin 14,077 $89,011 7.4% $490,300
Lake Lorraine 6,903 $104,105 6.6% $434,500
Ocean City 5,941 $59,039 9.2% $303,900
Valparaiso 4,885 $90,110 3.4% $394,700
Mary Esther 4,061 $76,890 6.3% $298,900
Hurlburt Field 2,951 $61,731 1.3% N/A
Eglin AFB 2,778 $84,167 2.7% N/A

Cities Similar to Fort Walton Beach

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Florida Ridge20,889$66,625$287,90028.5%11.3%
Bartow20,438$68,178$234,10022.8%18.1%
Englewood20,091$69,222$339,90033.9%8.5%
Ojus19,198$68,644$337,50042.2%12.5%
Tavares20,463$58,886$254,50025.9%9.3%

Population Overview

Fort Walton Beach is a small city located in Florida, within Okaloosa County. The total population is 21,025. It ranks as the 198th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Fort Walton Beach is 39.1 years. This is 8% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Fort Walton Beach is $68,538. This is 8% lower than the state median of $74,568. It is also 15% lower than the national median of $80,734. The poverty rate stands at 13.3%. This is 6% higher than the state poverty rate of 12.6%. The unemployment rate is 3.5%. This is 28% lower than the state rate of 4.8%. The median home value is $321,800. Housing costs are 10% lower than the state median of $359,000. The home-value-to-income ratio is 4.7x. 61.8% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Fort Walton Beach is White (non-Hispanic), making up 64.0% of the population. Hispanic or Latino residents account for 13.1%. The Hispanic or Latino population (13.1%) is well below the state average of 27.4%.

Education

29.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%.

Data Sources & Methodology

All demographic data for Fort Walton Beach, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Fort Walton Beach, Florida?

Fort Walton Beach, Florida has a population of 21,025 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fort Walton Beach, FL?

The median household income in Fort Walton Beach is $68,538, which is 15% lower than the national median of $80,734.

What is the poverty rate in Fort Walton Beach, FL?

The poverty rate in Fort Walton Beach is 13.3%. This means approximately 2,742 residents live below the federal poverty line.

What is the racial makeup of Fort Walton Beach, Florida?

Fort Walton Beach's population is 64.0% White, 11.6% Black, 13.1% Hispanic/Latino, and 4.0% Asian.

What is the median home value in Fort Walton Beach, FL?

The median home value in Fort Walton Beach is $321,800. The home-value-to-income ratio is 4.7x.

How educated is Fort Walton Beach, Florida?

29.6% of adults (25+) in Fort Walton Beach hold a bachelor's degree or higher, and 9.1% hold a graduate or professional degree.