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Housing Profile
Okeechobee County, Florida
  • Population, 2016: 40806. Okeechobee County ranks # 45 of Florida's 67 counties in population.
  • Households, 2016: 14486
  • Homeownership Rate, 2016: 73.1%. Statewide, Florida's homeownership rate is 67.8%.
Population Projections
  • In 2040, Okeechobee County is projected to have a population of 45299, ranking it # 46 of Florida's 67 counties.

Projected Total Population, Okeechobee County, 2010-2040

Place 2010 2016 2020 2025 2030 20352040
Okeechobee County 39996 40806 41899 43099 43997 44699 45299
Notes:  Not Available.
Sources:  University of Florida Bureau of Economic and Business Research, Population Projections; U.S. Census Bureau, 2010 Decennial Census.
Housing Market

Existing Home Values (Based on County Property Appraisers' Just Value)

  • Single Family Home, average just value, 2016: $99369. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $42418.
  • Condominium, average just value, 2016: $31299.

Home Sales Prices

  • The average sales price for a single family home was $172076 in 2016. The median sales price that year was $127700, compared to a statewide median sales price of $212000.

    Source: Florida Department of Revenue, Sales Data Files

Median Sales Price for Single Family Homes and Condominiums, Okeechobee County, 1996-2016

Place Housing Type 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016
Okeechobee County Condominiums 35000 32000 29500 34000 32500 34500 43900 42750 50000 53300 85000 89000 116800 52000 40450 54000 25000 39000 43500 47000 25500
Okeechobee County Single Family Homes 57000 65250 67350 65000 71500 75000 82500 97500 124000 149500 174900 159900 146000 108950 107500 103000 103800 100000 94000 108000 127700
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

Median Gross Rent, Okeechobee County, Florida, 2011-2015 American Community Survey

Place Median Gross RentState Median Gross Rent
Okeechobee County, Florida 694 1002
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File
  • In Okeechobee County and the surrounding metro area, the HUD Fair Market Rent in 2017, representing rent for a typical modest apartment, was $514 for a studio apartment, $518 for a one-bedroom, $688 for a two-bedroom, $893 for a three-bedroom, and $1051 for a four-bedroom unit.

    Source: U.S. Department of Housing and Urban Development, 2016 Fair Market Rents

Households by Monthly Rent Paid, Okeechobee County, 2011-2015

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500-$1,999 $2,000-$2,499 $2,500-$2,999 $3,000-$3,499 $3,500 or More No Cash RentTotal
Okeechobee County 79 158 521 1199 888 429 32 0 0 13 0 498 3817
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File

Manufactured Housing Parks and Condominiums

  • There are 28 licensed manufactured housing parks in Okeechobee with 1146 lots in 2012.
  • There are 14 licensed condominium developments in Okeechobee with 1841 units in 2012. Of these, 0 properties with 0 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

Home Purchase Loans by Property Type, Okeechobee County, 2005-2015

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 20142015
Okeechobee County Okeechobee One to four-family (other than manufactured housing) 470 554 279 163 134 89 98 200 260 328 315
Okeechobee County Okeechobee Manufactured housing 180 174 99 50 15 22 16 25 26 69 89
Okeechobee County Okeechobee Multifamily 1 0 0 0 0 0 0 0 0 0 0
Notes:  Shows loan applications resulting in loan origination only. For more information, see HMDA User Guide
Sources:  Home Mortgage Disclosure Act data 2005-2015

Foreclosures and Serious Delinquencies

This table is not available outside of Metropolitan Statistical Areas (MSAs)

Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2016, 5003 Okeechobee County households (35%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 2694 households in Okeechobee County (19%) pay more than 50% of income for housing.

Households by Cost Burden, Okeechobee County, 2016

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 9483 2309 2694
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.
Homeowners and Renters

Households by Homeowner/Renter Status and Cost Burden, Okeechobee County, 2016

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 7406 1476 1707
Renter 2077 833 987
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Household Income

  • In the following table, household income is measured as a percentage of the median income for the county or area, adjusted for family size. In Okeechobee County and the surrounding metro area, the HUD-estimated median income for a family of four is $44800 in 2017.

Households by Income and Cost Burden, Okeechobee County, 2016

Household Income as Percentage of Area Median Income Amount of Income Paid for Housing
0-30% 30-50%50% or more
<=30% AMI 229 93 1186
30.01-50% AMI 839 638 921
50.01-80% AMI 1739 590 392
80.01+% AMI 6676 988 195
Total 9483 2309 2694
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 4673 households in Okeechobee County (32.3%) are headed by a person age 65 or older in 2016. In comparison, 30.1% of households statewide are headed by elderly persons.
  • 4112 of elderly households in Okeechobee (88.0%) own their homes.
  • 1362 elderly households (29%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Okeechobee County, 2016

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 3311 658 704
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Supply Characteristics

Single Family Home Size and Age

  • In 2016, the median size for a new single-family home in Okeechobee County was 1711 square feet.

Year Structure Built, Okeechobee County, 2011-2015 American Community Survey

Place Number Share by Decade
2010 or After 2000-2009 1990-1999 1980-1989 1970-1979 1960-1969 1950-1959 1940-1949 1939 or Earlier Total 2010 or After 2000-2009 1990-1999 1980-1989 1970-1979 1960-19691959 or Earlier
Okeechobee County 156 2905 4163 4478 4124 1751 398 125 178 18278 0.9 15.9 22.8 24.5 22.6 9.6 3.8
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File

Housing Condition Characteristics (Occupied Units), Okeechobee County, 2011-2015 American Community Survey

Place Persons Per Room House Heating Fuel Kitchen Facilities Plumbing Facilities
1.01 or More Persons per Room Share of Occupied Units (%) No Fuel Used Share of Occupied Units (%) Lacking Complete Facilities Share of Occupied Units (%) Lacking Complete FacilitiesShare of Occupied Units (%)
Okeechobee County 722 5.5 138 1.1 803 4.4 310 1.7
Notes:  Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing.
American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Summary File