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Cost of Living in Okeechobee County, FL

Population 40,816 · Census ACS 2020–2024 5-year estimates

Median rent$1,082
Median home value$193,000
Median household income$57,984

The median rent in Okeechobee County, FL is $1,082/month, 35% lower than the Florida median and 23% lower than the U.S. median. The median home value is $193,000, 42% lower than the national median. Households earn a median of $57,984 a year, 22% lower than the state median.

Affordability

Rent as a share of median income: 22.4%
Income needed for median rent (30% rule): $43,280/yr
Home price-to-income ratio: 3.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $976/mo

Run your own numbers: mortgage calculator · hourly to salary

Okeechobee County vs. Florida vs. U.S.

Okeechobee CountyFloridaU.S.
Median rent$1,082$1,669$1,413
Median home value$193,000$359,000$332,700
Median household income$57,984$74,568$80,734
Homeownership rate73.9%67.6%65.2%
Bachelor's degree or higher15.8%34.1%35.7%
Poverty rate18.0%12.6%12.5%
Unemployment rate4.4%4.8%5.2%
Work from home6.6%15.7%15.1%
Median age40.842.638.9

FAQ

What is the average rent in Okeechobee County, FL?

The median gross rent in Okeechobee County, FL is $1,082 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Okeechobee County, FL?

Using the common 30% rule, renting a median-priced home takes about $43,280 a year in gross income.

Is Okeechobee County, FL expensive to live in?

Rent there is 23% lower than the U.S. median, and the median home costs about 3.3 times the median household income.

Other counties in Florida

Miami-Dade County, FLRent $1,829 · Income $71,753Broward County, FLRent $1,907 · Income $77,633Palm Beach County, FLRent $1,916 · Income $83,581Hillsborough County, FLRent $1,667 · Income $79,540Orange County, FLRent $1,775 · Income $79,719Duval County, FLRent $1,475 · Income $71,277

Counties with a similar cost of living

Lynchburg city, VARent $1,073 · Income $57,947St. Bernard Parish, LARent $1,082 · Income $58,651Mohave County, AZRent $1,091 · Income $57,684Bee County, TXRent $1,065 · Income $57,673Muscogee County, GARent $1,106 · Income $58,073Vernon Parish, LARent $1,068 · Income $57,270

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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