Living in Okeechobee, Florida
Cost of living, income, home prices, rent and demographics of Okeechobee · Census data 2020–2024
Okeechobee has 5,479 residents with a median age of 38.4. The median household income is $57,044 (24% lower than the Florida median), the median home value is $197,700, the median rent is $1,061/month.
Okeechobee at a glance
- Population
- 5,479
- Median age
- 38.4State: 42.6
- Median household income
- $57,044State: $74,568
- Median home value
- $197,700State: $359,000
- Median rent
- $1,061/moState: $1,669
- Homeowners
- 55.1%
- Bachelor's degree or higher
- 21.1%
- Average commute
- 26 min
Is Okeechobee a good place to live?
Pros: Home values 45% lower than the state median; an average commute of 26 minutes; unemployment of 3.1%.
Cons: Median household income 24% lower than the Florida median; a poverty rate of 15.8%.
The weather is best in November to February.
Cost of living in Okeechobee
Housing is the biggest part of the cost of living. In Okeechobee the median home value is $197,700, 41% lower than the U.S. median. Renters pay a median of $1,061 per month, which is 24.2% of household income. Homeowners with a mortgage pay $1,468 a month in housing costs.
Okeechobee median household income
The median household income in Okeechobee is $57,044 and the income per person is $27,942. 15.8% of residents live below the poverty line (Florida: 12.6%).
Housing in Okeechobee: homes for sale and rent
- Housing units
- 2,273
- Owner-occupied
- 55.1%
- Renter-occupied
- 44.9%
- Vacant
- 9.7%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.53
Okeechobee demographics
- Population
- 5,479
- Median age
- 38.4
- Under 18
- 24.1%
- 65 and older
- 19.2%
- Households
- 2,053
- Foreign-born
- 10.2%
- Veterans
- 10%Adults 18+
Hispanic or Latino can be of any race. Population history of Okeechobee ›
Education in Okeechobee
21.1% of adults 25 and older in Okeechobee have a bachelor's degree or higher (Florida: 34.1%), and 8.1% have a graduate or professional degree.
Jobs and commute in Okeechobee
- Unemployment rate
- 3.1%State: 4.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 2.8%
- Drive alone
- 78%
- Public transit
- 6.8%
- Walk to work
- 0.8%
- Homes with broadband
- 84.3%
Okeechobee vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Okeechobee | 5,479 | $57,044 | $197,700 | $1,061 |
| Cypress Quarters | 1,697 | $38,352 | $220,000 | $1,403 |
| Taylor Creek | 4,457 | $38,149 | $115,400 | $1,563 |
| Buckhead Ridge | 986 | $43,167 | $152,100 | $1,047 |
| Indiantown | 6,695 | $55,520 | $204,900 | $923 |
| Port St. Lucie | 232,491 | $80,648 | $369,200 | $1,937 |
| Canal Point | 207 | $111,719 | — | $1,431 |
| Pahokee | 5,609 | $53,359 | $152,300 | $1,116 |
| River Park | 5,714 | $55,437 | $244,000 | $1,690 |
More for people moving to Okeechobee
Okeechobee ZIP code ›Weather and climate ›Living in Okeechobee: FAQ
What is the median household income in Okeechobee, FL?
The median household income in Okeechobee is $57,044, 24% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Okeechobee?
The median home value in Okeechobee is $197,700, compared with $359,000 in Florida.
How much is rent in Okeechobee?
The median gross rent in Okeechobee is $1,061 per month, about 24.2% of household income.
Is Okeechobee, FL a good place to live?
Pluses: home values 45% lower than the state median; an average commute of 26 minutes; unemployment of 3.1%. Minuses: median household income 24% lower than the Florida median; a poverty rate of 15.8%.
What is the median age in Okeechobee?
The median age in Okeechobee is 38.4 years (Florida: 42.6).
How long is the commute in Okeechobee?
The average commute to work in Okeechobee is 26 minutes; 2.8% of workers work from home.
What is the unemployment rate in Okeechobee?
The unemployment rate in Okeechobee is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Okeechobee?
21.1% of adults in Okeechobee have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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