Florida

Okeechobee County

ZIP 34972

40,249 residents88 permits TTM$52,288 median HHI1 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$179,000

ACS 5-Year

Cap rate proxy

6.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.4%

HUD FMR ÷ ACS HHI

Net migration

+1.76%

IRS SOI

Permits (TTM)

88

Census BPS

Climate risk

80.3

FEMA NRI (0–100)

ZIP 34972

Median home value

$302,697

Gross yield

6.0%

Cap rate

3.9%

Rent gap

35.9%

Affordability

P/I: 5.8R/I:

Section 8 detail

SAFMR: $1,520Rent: $974Gap: 56.1%
ZIP code breakdown1 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
34972$302,697$1,5206.0%3.9%35.9%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

74.6%

Census ACS

Vacancy rate

18.0%

Census ACS

Bachelor's degree +

16.1%

Census ACS

Rent burdened

38.4%

Census ACS (>30% income)

Median age

40.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026