Housing Profile
Okeechobee County, Florida

• Population, 2007: 39030. Okeechobee County ranks # 47 of Florida's 67 counties in population.

• Households, 2007: 13710

• In 2030, Okeechobee County is projected to have a population of 46198, ranking it # 48 of Florida's 67 counties.

Projected Total Population, Okeechobee County, 2007-2030

Place	2007	2010	2015	2020	2025	2030
Okeechobee County	39030	39700	41499	43099	44699	46198
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Sources:   Not Available.

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

• Single Family Home, average just value, 2008: $143310. (Statewide, the average just value of a single family home in Florida in 2008 was $248425).
• Mobile Home, average just value, 2008: $72832.
• Condominium, average just value, 2008: $56798.
• 
  * -100 means less than 25 observations
  * -200 means less than 2/3 of observations have valid year built entries
  * -300 means less than 2/3 of observations have valid square footage entries
  * -400 means no observations

Home Sales Prices

• The average sales price for a single family home was $175448 in 2007. The median sales price that year was $159900, compared to a statewide median sales price of $240000.
• 
  * -100 means less than 25 observations.
  * -200 means less than 2/3 of observations have valid entries for that year.
  * -300 means less than 2/3 of observations have valid square footage entries.
  * -400 means no observations.

Median Sales Price for Single Family Homes and Condominiums, Okeechobee County, 1996-2007

Place	Housing Type	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007
Okeechobee County	Condominiums	35000	32000	29500	34000	32500	34500	43900	42750	50000	53300	85000	89000
Okeechobee County	Single Family Homes	57000	65250	67350	65000	71500	75000	82500	97500	124000	149500	174900	159900
Notes:  * -100 means less than 25 observations. * -200 means less than 2/3 of observations have valid entries for that year. * -300 means less than 2/3 of observations have valid square footage entries. * -400 means no observations. Sources:  County property appraiser tax rolls, compiled by Shimberg Center - Florida Housing Data Clearinghouse.

Rents

• The median rent paid by Okeechobee County households in 2000 was $486 per month, compared to a statewide median rent of $641.

• In Okeechobee County and the surrounding metro area, the HUD Fair Market Rent in 2009, representing rent for a typical modest apartment, was $582 for a studio apartment, $602 for a one-bedroom, $701 for a two-bedroom, $944 for a three-bedroom, and $972 for a four-bedroom unit.

Households by Monthly Rent Paid, Okeechobee County,2000

Place	No Cash Rent	less than 200	between 200 and 299	between 300 and 499	between 500 and 749	between 750 and 999	between 1000 and 1499	1500 or more
Okeechobee County	464	129	284	984	1014	147	45	0

Cost Burden, General

• "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2007, 3499 Okeechobee County households (26%) pay more than 30% of income for housing. By comparison, 0% of households statewide are cost-burdened.

• 1412 households in Okeechobee County (10%) pay more than 50% of income for housing.

Households by Cost Burden, Okeechobee County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Total	10211	2087	1412
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** The Household Demographic Data Access Tool allows users to combine any of the variables below to create a custom report. For example, a user could find the number of 1-2 person renter households age 65 and older who pay more than 50% of income for housing by selecting household size, householder age, and household income as indicators.

Households by Homeowner/Renter Status and Cost Burden, Okeechobee County, 2007

	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
Owner	8026	1542	960
Renter	2185	545	452
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. 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 $44000 in 2008.

Households by Income and Cost Burden, Okeechobee County, 2007

Household Income as Percentage of Area Median Income	Amount of Income Paid for Housing
	0-30%	30-50%	50% or more
<=30% AMI	447	173	612
30.01-50% AMI	782	482	510
50.01-80% AMI	1642	746	212
80.01+% AMI	7340	686	78
Total	10211	2087	1412
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** For more detailed income categories and to combine with other variables such as age, cost burden, and owner/renter status, try the Household Demographic Data Access Tool.

Elderly Households

• 5630 households in Okeechobee County (41.1%) are headed by a person age 65 or older in 2007. In comparison, 27.3% of households statewide are headed by elderly persons.

• 9882 of elderly households in Okeechobee County (87.7%) own their homes.

• 1297 elderly households (23%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, Okeechobee County, 2007

Age of Householder	Amount of Income Paid for Housing
	0-30%	30-49.9%	50+ %
65+	4333	730	567
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** To learn about all head-of-household age categories and to combine with other variables such as income, cost burden, and owner/renter status, try the Household Demographic Data Access Tool.

Size of Households

• 8214 households in Okeechobee County (60%) are made up of 1-2 persons in 2007. 27% of these households pay more than 30% of income for rent or mortgage costs.

• 3731 households in Okeechobee County (27%%) are made up of 3-4 persons in 2007. 25% of these households pay more than 30% of income for rent or mortgage costs.

• 1771 households in Okeechobee County (13%%) are made up of 5 persons or more in 2007. 20% of these households pay more than 30% of income for rent or mortgage costs.

Households by Size and Cost Burden, Okeechobee County, 2007

Number of Persons in the Household	Amount of Income Paid for Housing
	0-30%	30.01-50%	50.01+ %
1-2	6017	1217	980
3-4	2782	632	317
5+	1416	239	116
Notes:  Housing Needs Assessment - Population and Household Projection Methodology User Guide. Click here to get household projections by tenure, age of householder, income, and cost burden. Sources:   Not Available.

** To combine with other variables such as income, head-of-household age, and owner/renter status, try the Household Demographic Data Access Tool.

Disability and Affordable Housing Need

• In 2000, 2125 low-income households included at least one person with a disability age 15 or older. These households had incomes below 60% of the area median income.

Low-Income (<60% AMI) Households Including Persons with Disabilities Age 15+ and Cost Burden, Okeechobee County, 2000

Amount of Income Paid for Housing
0-29.9%	30-49.9%	50+ %
918	513	694

Single Family Home Size and Age

• In 2008, the median size for a new single-family home in Okeechobee County was 1725 square feet.

Year Structure Built, Okeechobee County, 2000

Year Structure Built, 2000
1939 and earlier	1940s	1950s	1960s	1970s	1980s	1990s	Place
253	190	556	1868	4136	5251	3250	Okeechobee County

Substandard Housing

Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing. In 2000,

• 1276 housing units (10.1% of all units) in Okeechobee County were overcrowded, meaning that they housed more than one person per room, compared to a statewide percentage of 6.5%.

• 321 units (2.5%) in Okeechobee County did not use home heating fuel, compared to a statewide percentage of 1.8%.

• 93 units (0.6%) in Okeechobee County lacked complete kitchen facilities, compared to a statewide percentage of 0.5%.

• 101 units (0.7%) in Okeechobee County lacked complete plumbing facilities, compared to a statewide percentage of 0.4%.