Crestview-Fort Walton Beach-Destin, FL · Florida

Okaloosa County

ZIP 32548

214,281 residents1,182 permits TTM$79,097 median HHI13 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$324,800

ACS 5-Year

Cap rate proxy

5.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

22.4%

HUD FMR ÷ ACS HHI

Net migration

+2.53%

IRS SOI

Permits (TTM)

1,182

Census BPS

Climate risk

92.5

FEMA NRI (0–100)

ZIP 32548

Median home value

Gross yield

Buy Box score

0.6

Section 8 gap

Affordability

P/I: 4.2R/I: 25.0%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown13 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
325690.9
325390.9
325360.8
325470.8
325670.8
325310.7
325800.7
325420.7
325440.7
325790.6
325480.6
325780.4
325410.1

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

67.8%

Census ACS

Vacancy rate

17.9%

Census ACS

Bachelor's degree +

34.2%

Census ACS

Rent burdened

50.1%

Census ACS (>30% income)

Median age

37.3

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