Tallahassee, FL · Florida

Wakulla County

ZIP 32358

34,608 residents519 permits TTM$74,183 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$216,300

ACS 5-Year

Cap rate proxy

6.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.7%

HUD FMR ÷ ACS HHI

Net migration

+1.82%

IRS SOI

Permits (TTM)

519

Census BPS

Climate risk

46.7

FEMA NRI (0–100)

ZIP 32358

Median home value

Gross yield

Cap rate

5.1%

Rent gap

Affordability

P/I: 3.6R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown4 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
323276.9%
323556.4%
323585.1%
323463.4%

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

Demographics

Owner-occupied

83.8%

Census ACS

Vacancy rate

14.1%

Census ACS

Bachelor's degree +

21.3%

Census ACS

Rent burdened

42.7%

Census ACS (>30% income)

Median age

42.5

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