Fort Walton Beach Real Estate Market Overview
Public School Ranking:
Location and Weather
Fort Walton Beach is located at the northwestern end of Florida, in Okaloosa County. This charming city sits between Pensacola and Panama City along the Gulf Coast. Along with its reputation as a deep-sea fishing capital, Fort Walton is said to be an ideal vacation spot due to its white-sand beaches, resort attractions, and aquariums.
While this city does get its fair share of rain, it also provides 226 days of sun throughout the year which maintains its appeal for tourists and potential new residents alike.
Population, Job Market and Cost of Living
Fort Walton Beach has a population of 23,379, with a growth rate of 1.24% annually. The job market has increased by 4.2% over the last year. In ten years, job growth is predicted to be 46.2%. The biggest employer is the U.S. military, but hospitality and defense contracting are big industries here as well. Other large employers are Ponderosa Builders, HX5, Gary Smith Honda, Tybrin and White-Wilson Medical Center, P.A. This is a fairly affordable city, especially considering all the attractions, restaurants, shops and out-door activity it has to offer.
Aside from the downtown area, residents and tourists without a car will find transportation to be a small but necessary expense as well.