Cost of Living in Walton County, Florida
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Walton County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Walton County ranks #2,869 of 3,142 counties for affordability (bottom 9%)
Sourced county brief
Median Gross Rent Reaches $1,741 in Walton County Florida
The median gross rent in Walton County was estimated at $1,741 per month during the 2020-2024 period. This value is $437 higher than the Florida unweighted county mean for median gross rent, which was $1,304. For homeowners, the median selected monthly owner cost was $1,336, compared to a state unweighted county mean of $1,039. The median home value in Walton County was $425,100, which is $140,775 above the state unweighted county mean of $284,325. Among renter households, the median income was $56,630. The official median gross rent as a percentage of household income (GRAPI) was 32.5%. This canonical percentage is derived from ACS table B25071 and sits 0.3 percentage points below the Florida unweighted county mean GRAPI of 32.8%. These statistics characterize the county's housing costs as measured by the American Community Survey. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Walton County
Affordability Verdict
ACS B25071 estimates median gross rent at 32.5% of renter household income in Walton County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,741 per month; median selected monthly owner costs are $1,336. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $69,640 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Florida unweighted mean of county median rents is $1,304 per month. Walton County's $1,741 median is 33.5% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Walton County
Rent Burden
25.5%
of gross income
Max Housing (28% Rule)
$1,913
per month
Owner Cost Burden
19.6%
of gross income
The median home in Walton County may be a stretch
Median home value is $425,100. Estimated monthly cost: $3,394 vs. your max of $1,913.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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