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Destin City, Florida Economic Analysis

   (County: Okaloosa County)

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Economic Analysis

People and the communities they live in depend on money. The people of Destin City, Florida need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Florida

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.66 5.08 6.83 0.00 7.04
  Total Electric Industry 7.77 6.66 5.08 6.83 0.00 7.04
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.91 6.77 5.19 6.85 0.00 7.16
  Total Electric Industry 7.91 6.77 5.19 6.85 0.00 7.16
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.75 6.58 5.02 6.81 0.00 6.99
  Total Electric Industry 7.75 6.58 5.02 6.81 0.00 6.99
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.69 5.26 6.96 0.00 7.20
  Total Electric Industry 7.99 6.69 5.26 6.96 0.00 7.20
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.78 6.35 5.13 6.72 0.00 6.96
  Total Electric Industry 7.78 6.35 5.13 6.72 0.00 6.96
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.82 6.39 5.16 6.69 0.00 7.01
  Total Electric Industry 7.82 6.39 5.16 6.69 0.00 7.01
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.99 6.63 5.11 6.80 0.00 7.18
  Total Electric Industry 7.99 6.63 5.11 6.80 0.00 7.18
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.08 6.62 5.04 6.80 0.00 7.19
  Total Electric Industry 8.08 6.62 5.04 6.80 0.00 7.19
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.89 6.38 4.81 6.64 0.00 7.01
  Total Electric Industry 7.89 6.38 4.81 6.64 0.00 7.01
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 6.22 4.77 6.61 0.00 6.85
  Total Electric Industry 7.73 6.22 4.77 6.61 0.00 6.85
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.25 4.84 6.96 0.00 6.91
  Total Electric Industry 7.77 6.25 4.84 6.96 0.00 6.91
2001              
  Full-Service Providers 8.59 7.08 5.18 7.60 0.00 7.67
  Total Electric Industry 8.59 7.08 5.18 7.60 0.00 7.67
2002              
  Full-Service Providers 8.16 6.64 5.23 7.43 0.00 7.31
  Total Electric Industry 8.16 6.64 5.23 7.43 0.00 7.31
2003              
  Full-Service Providers 8.55 7.13 5.41 0.00 7.21 7.72
  Total Electric Industry 8.55 7.13 5.41 0.00 7.21 7.72
2004              
  Full-Service Providers 8.99 7.61 5.84 0.00 7.45 8.16
  Total Electric Industry 8.99 7.61 5.84 0.00 7.45 8.16
2005              
  Full-Service Providers 9.62 8.16 6.46 0.00 8.03 8.76
  Total Electric Industry 9.62 8.16 6.46 0.00 8.03 8.76
2006              
  Full-Service Providers 11.33 9.91 7.71 0.00 10.32 10.45
  Total Electric Industry 11.33 9.91 7.71 0.00 10.32 10.45

(updated 2006)



Time Leaving to Work in Destin City, Florida

12:00 A.M. TO 4:59 A.M.   : 56   (1.1%)
5:00 A.M. TO 5:29 A.M.   : 73   (1.4%)
5:30 A.M. TO 5:59 A.M.   : 149   (2.8%)
6:00 A.M. TO 6:29 A.M.   : 334   (6.3%)
6:30 A.M. TO 6:59 A.M.   : 350   (6.6%)
7:00 A.M. TO 7:29 A.M.   : 909   (17.3%)
7:30 A.M. TO 7:59 A.M.   : 796   (15.1%)
8:00 A.M. TO 8:29 A.M.   : 864   (16.4%)
8:30 A.M. TO 8:59 A.M.   : 439   (8.3%)
9:00 A.M. TO 9:59 A.M.   : 358   (6.8%)
10:00 A.M. TO 10:59 A.M.   : 199   (3.8%)
11:00 A.M. TO 11:59 A.M.   : 152   (2.9%)
12:00 P.M. TO 3:59 P.M.   : 262   (5.0%)
4:00 P.M. TO 11:59 P.M.   : 324   (6.2%)


(updated 2010)



Means Of Transportation
(Destin City, Florida)

Car, truck, or van:

Drove alone : 5,392

Carpooled:

In 2-person carpool : 582

In 3-person carpool : 52

In 4-person carpool : 66

In 5- or 6-person carpool : 21

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 16

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 105

Walked : 314

Other means : 58

Worked at home : 384


(updated 2009)



Travel Time To Work
(Destin City, Florida)

Less than 5 minutes : 511

5 to 9 minutes : 1,227

10 to 14 minutes : 1,329

15 to 19 minutes : 858

20 to 24 minutes : 714

25 to 29 minutes : 297

30 to 34 minutes : 955

35 to 39 minutes : 65

40 to 44 minutes : 65

45 to 59 minutes : 381

60 to 89 minutes : 124

90 or more minutes : 80


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Destin City, Florida)

With Social Security income : 1,442

No Social Security income : 4,094


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Destin City, Florida)

With retirement income : 988

No retirement income : 4,548


(updated 2009)



Family Income (Annual)
(Destin City, Florida)

Less than $10,000 : 45

$10,000 to $14,999 : 56

$15,000 to $19,999 : 87

$20,000 to $24,999 : 154

$25,000 to $29,999 : 96

$30,000 to $34,999 : 134

$35,000 to $39,999 : 82

$40,000 to $44,999 : 127

$45,000 to $49,999 : 211

$50,000 to $59,999 : 266

$60,000 to $74,999 : 438

$75,000 to $99,999 : 562

$100,000 to $124,999 : 299

$125,000 to $149,999 : 222

$150,000 to $199,999 : 165

$200,000 or more : 467


(updated 2009)



Median Family Income (Annual)
(Destin City, Florida)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $75,188


(updated 2009)



AM Radio Stations Near Destin City, Florida

  • WNWF (1120 AM; 1.0 kW; Niceville, FL; Owner: Andala Enterprises, Inc.)
  • WFTW (1260 AM; 2.5 kW; Fort Walton Beach, FL; Owner: Cumulus Licensing Llc)
  • WFSH (1340 AM; 1.0 kW; Niceville, FL; Owner: Flagship Communications, Inc.)
  • WTKE (1400 AM; 1.0 kW; Fort Walton Beach, FL; Owner: Star Broadcasting, Inc.)

FM Radio Stations Near Destin City, Florida

  • WRKN (100.3 FM; Fort Walton Beach, FL; Owner: R. Lee Hagan, Receiver For Station Wrkn)
  • WWAV (102.1 FM; Destin, FL; Owner: Qantum Of Fort Walton Beach License Company, Llc)
  • WMXZ (103.1 FM; Freeport, FL; Owner: Qantum Of Fort Walton Beach License Company, Llc)
  • WYZB (105.5 FM; Fort Walton Beach, FL; Owner: Star Broadcasting, Inc.)
  • WSBZ (106.3 FM; Destin, FL; Owner: Carter Broadcasting, Inc.)
  • WUWF (88.1 FM; Gulf Breeze, FL; Owner: The University Of West Florida)
  • WPSM (91.1 FM; Fort Walton Beach, FL; Owner: Fort Walton Beach Educational Broadcasting Foundation)
  • WFFY (92.1 FM; Niceville, FL; Owner: Qantum Of Ft. Walton Beach License Company, Llc)
  • WNCV (93.3 FM; Fort Walton Beach, FL; Owner: Cumulus Licensing Llc)
  • WGCX (95.7 FM; Gulf Breeze, FL; Owner: 550 Am, Inc.)
  • WZNS (96.5 FM; Fort Walton Beach, FL; Owner: Cumulus Licensing Llc)
  • WTKE-FM (98.1 FM; Fort Walton Beach, FL; Owner: Star Broadcasting, Inc.)
  • WKSM (99.5 FM; Fort Walton Beach, FL; Owner: Cumulus Licensing Llc)

TV Broadcast Stations Near Destin City, Florida

  • WFGX (Channel 35; Fort Walton Beach, FL; Owner: Wfgx Licensee, Llc)
  • WFBD (Channel 48; Freeport, FL; Owner: George S. Flinn, Jr.)
  • WPAN (Channel 53; Gulf Breeze, FL; Owner: Franklin Media, Inc.)
  • WAWD (Channel 58; Destin, FL; Owner: Beach Tv Properties, Inc.)
  • 960403KF (Channel 64; Freeport, FL; Owner: Delta Media Corporation)
  • 960404LK (Channel 64; Destin, FL; Owner: Winstar Broadcasting Corp.)
  • 960405KE (Channel 64; Destin, FL; Owner: Marri Broadcasting Corportion)
  • 960405KH (Channel 64; Freeport, FL; Owner: Valuevision International, Inc.)

(updated 2008)



Occupations in Destin City, Florida

Male:


  • Management, Professional, And Related Occupations: 1,083  (37.7%)
  • Service Occupations: 363  (12.6%)
  • Sales And Office Occupations: 523  (18.2%)
  • Farming, Fishing, And Forestry Occupations 104  (3.6%)
  • Construction, Extraction, And Maintenance Occupations: 550  (19.2%)

Female:


  • Management, Professional, And Related Occupations: 851  (34.6%)
  • Service Occupations: 414  (16.8%)
  • Sales And Office Occupations: 991  (40.3%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 19  (0.8%)


(updated 2010)





There are 6 Farms In Destin City, Florida


(updated 2008)



Banks In Destin City, Florida

Regions Bank - 2 Branches


    Bank Assets: $235.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Fnbt.com Bank - 2 Branches


    Bank Assets: $751.3k
    Industry Specialization: Other < $1 Billion
    Total Offices: 11

Bank Of America, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Branch Banking And Trust Company - 1 Branches


    Bank Assets: $183.6m
    Industry Specialization: Commercial Lending
    Total Offices: 1,843

Union State Bank - 1 Branches


    Bank Assets: $229k
    Industry Specialization: Other < $1 Billion
    Total Offices: 38

Synovus Bank - 1 Branches


    Bank Assets: $26.3m
    Industry Specialization: Commercial Lending
    Total Offices: 270

Wells Fargo Bank, National Association - 1 Branches


    Bank Assets: $1.4b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Trustmark National Bank - 1 Branches


    Bank Assets: $12.1m
    Industry Specialization: Commercial Lending
    Total Offices: 222

Centennial Bank - 1 Branches


    Bank Assets: $6.6m
    Industry Specialization: Commercial Lending
    Total Offices: 166

Suntrust Bank - 1 Branches


    Bank Assets: $178.3m
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

(updated 2014)







Airports Near Destin City, Florida

  • Destin-Ft. Walton Beach


    (about 0.5 miles in Destin, Florida; Airport Code: DSI)

  • Northwest Florida Regional


    (about 6.9 miles in Valparaiso, Florida; Airport Code: VPS)

  • Hurlburt Field


    (about 13.0 miles in Hurlburt Field, Florida; Airport Code: RQZ)

  • Duke Field


    (about 18.0 miles in Duke Field Afs, Florida; Airport Code: EGI)

  • Duke Field (Eglin Af Aux Nr 3)


    (about 18.0 miles in Duke Field Afs, Florida; Airport Code: EGI)

  • Bob Sikes


    (about 26.8 miles in Crestview, Florida; Airport Code: CEW)

  • Whiting Field NAS North


    (about 39.7 miles in Milton, Florida; Airport Code: NSE)

  • Northwest Florida Beaches International


    (about 40.6 miles in Panama City, Florida; Airport Code: ECP)

  • Pensacola International


    (about 42.7 miles in Pensacola, Florida; Airport Code: PNS)

  • Pensacola Gulf Coast Regional


    (about 42.8 miles in Pensacola, Florida; Airport Code: PNS)


(updated 2015)



Modes of Transportation in Destin City, Florida

Car, Truck, Or Van:

 

Drove Alone

83.08%

Carpooled

9.80%

Public Transportation:

 

Bus Or Trolley Bus

0.13%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.13%

Motorcycle

0.0%

Bicycle

0.96%

Walked

1.82%

Other Means

1.09%

Worked At Home

2.99%



(updated 2010)





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