Florida · Census, HUD and BEA figures · Updated

Cost of Living in Walton County, FL

Prices around Walton County, FL run 3% below the U.S. average (BEA, the metro area). The typical household there earns $81,986 a year, and HUD puts a two-bedroom at $1,364 a month. Keeping that rent under 30% of income takes about $54,560 a year.

Walton County, FL at a glance

Median household income

$81,986$6,832 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,364HUD FY2026 Fair Market Rent
Price level (U.S. = 100)97.0-3% · BEA, the metro area
Electricity15.1¢per kWh · EIA Residential FL
Population82,948Census ACS 5-year estimate

How much rent can you afford in Walton County, FL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,364Monthly market rent
Share of gross income20%Recommended max: 30%
Annual income needed$54,560To meet the 30% standard
Max affordable rent$2,050At 30% of $81,986
0%30% (Affordability standard)100%
Compare against:

How much is rent in Walton County, FL? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Walton County, FL HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Walton County, FL, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,058$12,696$42,32015.5%
1-Bedroom Apartment$1,244$14,928$49,76018.2%
2-Bedroom ApartmentBenchmark$1,364$16,368$54,56020%
3-Bedroom Home$1,897$22,764$75,88027.8%
4-Bedroom Home$2,288$27,456$91,52033.5%

Rent in Walton County, FL, with the wage each unit needs →

What a typical income covers in Walton County, FL

The 50/30/20 rule applied to the local median of $81,986 a year ($6,832 a month before tax).

Needs (50%)$3,416/moRent ($1,364 2-BR), utilities (~$136/mo), groceries, transit
Wants (30%)$2,050/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,366/moEmergency fund, retirement, paying down loans

What $81,986 leaves after Florida taxes

Federal income tax, Social Security, Medicare and Florida tax on the local median income. Change the salary to see yours.

$81,986
$30,000$165,000
Filing status:
Gross salary breakdown$81,986
Net 81%
Fed 11%
FICA 8%
Annual take-home$66,507After all taxes
Monthly deposit$5,542Estimated per month
Biweekly paycheck$2,558Every 2 weeks (26/yr)
Effective tax rate18.9%Total tax burden
Federal income tax$9,207 / yr
Florida state income taxNo state wage tax$0
FICA (Social Security & Medicare)$6,272 / yr

Living in Walton County, FL: common questions

What is the median household income in Walton County, FL?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Walton County, FL is $81,986 per year (approximately $6,832 per month).

What is the average rent in Walton County, FL?

The closest official figure is HUD's Fair Market Rent for 2026: $1,058 for a studio, $1,244 for one bedroom, $1,364 for two, $1,897 for three and $2,288 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Walton County, FL expensive to live in?

Prices there run 3% below the U.S. average. BEA's regional price parity for the metro area is 97.0, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Walton County, FL?

To keep a $1,364 two-bedroom under 30% of gross income, a household needs about $54,560 a year, or $4,547 a month. That is 67% of what the typical household in Walton County, FL earns.

How much do you need to live comfortably in Walton County, FL?

On the local median income of $81,986 ($6,832 a month before tax), the 50/30/20 rule leaves $3,416 a month for needs like rent, utilities and groceries, $2,050 for everything else and $1,366 for savings or debt. A two-bedroom at $1,364 takes 40% of the needs share.

How much is the electric bill in Walton County, FL?

Homes in Florida paid 15.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $136. Your bill depends mostly on heating and cooling.