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Okaloosa County, Florida Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Okaloosa County, 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 Okaloosa County, Florida

12:00 A.M. TO 4:59 A.M.   : 2,153   (2.7%)
5:00 A.M. TO 5:29 A.M.   : 1,955   (2.4%)
5:30 A.M. TO 5:59 A.M.   : 4,377   (5.4%)
6:00 A.M. TO 6:29 A.M.   : 9,501   (11.8%)
6:30 A.M. TO 6:59 A.M.   : 11,623   (14.4%)
7:00 A.M. TO 7:29 A.M.   : 12,632   (15.7%)
7:30 A.M. TO 7:59 A.M.   : 11,022   (13.7%)
8:00 A.M. TO 8:29 A.M.   : 6,977   (8.7%)
8:30 A.M. TO 8:59 A.M.   : 3,153   (3.9%)
9:00 A.M. TO 9:59 A.M.   : 3,681   (4.6%)
10:00 A.M. TO 10:59 A.M.   : 1,722   (2.1%)
11:00 A.M. TO 11:59 A.M.   : 959   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 5,865   (7.3%)
4:00 P.M. TO 11:59 P.M.   : 4,838   (6.0%)


(updated 2010)



Household Size By Vehicles Available
(Okaloosa County, Florida)

1-person household:

No vehicle available : 2,398

1 vehicle available : 14,484

2 vehicles available : 3,023

3 vehicles available : 364

4 or more vehicles available : 66

2-person household:

No vehicle available : 598

1 vehicle available : 6,718

2 vehicles available : 15,144

3 vehicles available : 4,190

4 or more vehicles available : 584

3-person household:

No vehicle available : 391

1 vehicle available : 2,225

2 vehicles available : 5,205

3 vehicles available : 3,026

4 or more vehicles available : 1,007

4-or-more-person household:

No vehicle available : 331

1 vehicle available : 2,591

2 vehicles available : 6,389

3 vehicles available : 3,211

4 or more vehicles available : 1,893


(updated 2013)



Household Size By Number Of Workers In Household
(Okaloosa County, Florida)

1-person household:

No workers : 8,667

1 worker : 11,668

2-person household:

No workers : 8,859

1 worker : 8,948

2 workers : 9,427

3-person household:

No workers : 941

1 worker : 4,747

2 workers : 4,660

3 workers : 1,506

4-or-more-person household:

No workers : 784

1 worker : 5,804

2 workers : 5,488

3 or more workers : 2,339


(updated 2013)



Means of Transportation To Work
(Okaloosa County, Florida)

Car, truck, or van:

Drove alone : 74,240

Carpooled:

In 2-person carpool : 5,514

In 3-person carpool : 784

In 4-person carpool : 482

In 5- or 6-person carpool : 185

In 7-or-more-person carpool : 108

Public transportation (excluding taxicab):

Bus or trolley bus : 793

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

Subway or elevated : 3

Railroad : 0

Ferryboat : 0

Taxicab : 103

Motorcycle : 304

Bicycle : 504

Walked : 1,269

Other means : 2,262

Worked at home : 2,263


(updated 2013)



Travel Time To Work
(Okaloosa County, Florida)

Less than 5 minutes : 3,272

5 to 9 minutes : 10,887

10 to 14 minutes : 13,043

15 to 19 minutes : 13,333

20 to 24 minutes : 11,655

25 to 29 minutes : 5,760

30 to 34 minutes : 12,965

35 to 39 minutes : 2,359

40 to 44 minutes : 2,940

45 to 59 minutes : 6,136

60 to 89 minutes : 2,870

90 or more minutes : 1,331


(updated 2013)



Occupations in Okaloosa County, Florida

Male:


  • Management, Professional, And Related Occupations: 11,839  (31.5%)
  • Service Occupations: 5,952  (15.8%)
  • Sales And Office Occupations: 6,023  (16.0%)
  • Farming, Fishing, And Forestry Occupations 296  (0.8%)
  • Construction, Extraction, And Maintenance Occupations: 8,461  (22.5%)

Female:


  • Management, Professional, And Related Occupations: 11,232  (32.6%)
  • Service Occupations: 7,736  (22.5%)
  • Sales And Office Occupations: 13,332  (38.7%)
  • Farming, Fishing, And Forestry Occupations 50  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 423  (1.2%)


(updated 2010)



Most Common Industries in Okaloosa County, Florida

Male:

 

Agriculture, Forestry, Fishing And Hunting, And Mining:

 

Agriculture, Forestry, Fishing And Hunting

0.44%

Mining

0.12%

Construction

7.60%

Manufacturing

3.54%

Wholesale Trade

1.22%

Retail Trade

6.24%

Transportation And Warehousing, And Utilities:

 

Transportation And Warehousing

2.49%

Utilities

0.72%

Information

1.13%

Finance, Insurance, Real Estate And Rental And Leasing:

 

Finance And Insurance

0.98%

Real Estate And Rental And Leasing

1.79%

Professional, Scientific, Management, Administrative, And Waste Management Services:

 

Professional, Scientific, And Technical Services

4.34%

Management Of Companies And Enterprises

0.0%

Administrative And Support And Waste Management Services

1.98%

Educational, Health And Social Services:

 

Educational Services

1.77%

Health Care And Social Assistance

1.86%

Arts, Entertainment, Recreation, Accommodation And Food Services:

 

Arts, Entertainment, And Recreation

1.23%

Accommodation And Food Services

4.86%

Other Services (except Public Administration)

2.73%

Public Administration

7.17%

Female:

 

Agriculture, Forestry, Fishing And Hunting, And Mining:

 

Agriculture, Forestry, Fishing And Hunting

0.14%

Mining

0.04%

Construction

1.04%

Manufacturing

1.58%

Wholesale Trade

0.31%

Retail Trade

7.88%

Transportation And Warehousing, And Utilities:

 

Transportation And Warehousing

0.59%

Utilities

0.18%

Information

1.16%

Finance, Insurance, Real Estate And Rental And Leasing:

 

Finance And Insurance

2.31%

Real Estate And Rental And Leasing

2.10%

Professional, Scientific, Management, Administrative, And Waste Management Services:

 

Professional, Scientific, And Technical Services

2.73%

Management Of Companies And Enterprises

0.0%

Administrative And Support And Waste Management Services

1.64%

Educational, Health And Social Services:

 

Educational Services

5.04%

Health Care And Social Assistance

7.57%

Arts, Entertainment, Recreation, Accommodation And Food Services:

 

Arts, Entertainment, And Recreation

0.76%

Accommodation And Food Services

6.37%

Other Services (except Public Administration)

2.64%

Public Administration

3.70%


(updated 2010)



Amtrak Stations in Okaloosa County, Florida

Rail Station(s)


    101 North Main Street
    Crestview, Florida 32536

(updated 2008)



Employment Rate In Okaloosa County, Florida

Employed: 96,371
Unemployed: 2,386



Minority Owned Firms of 100 or More in
Okaloosa County, Florida

  • Total Black-owned firms of 100 or more, percent 2002: 2.5%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 1.1%
  • Total Asian-owned firms of 100 or more, percent 2002: 2.9%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 4.0%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 26.6%
  • Other: 62.9%



Water Usage In Okaloosa County, Florida

Ground Water

 
Fresh 28.01 Mgal/d
Saline 0.00 Mgal/d

Total 28.01 Mgal/d
 

Surface Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d





There are 727 Farms In Okaloosa County, Florida


(updated 2008)



Banks In Okaloosa County, Florida

Fnbt.com Bank - 9 Branches


    Bank Assets: $3.3m
    Industry Specialization: Other < $1 Billion
    Total Offices: 11

Synovus Bank - 9 Branches


    Bank Assets: $236.8m
    Industry Specialization: Commercial Lending
    Total Offices: 270

Regions Bank - 8 Branches


    Bank Assets: $943.6m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Beach Community Bank - 6 Branches


    Bank Assets: $3.4m
    Industry Specialization: Commercial Lending
    Total Offices: 11

Bank Of America, National Association - 6 Branches


    Bank Assets: $8.7b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Whitney Bank - 5 Branches


    Bank Assets: $96.1m
    Industry Specialization: Commercial Lending
    Total Offices: 213

Compass Bank - 5 Branches


    Bank Assets: $377.4m
    Industry Specialization: Commercial Lending
    Total Offices: 675

Wells Fargo Bank, National Association - 5 Branches


    Bank Assets: $7.1b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

First City Bank Of Florida - 4 Branches


    Bank Assets: $903.8k
    Industry Specialization: Commercial Lending
    Total Offices: 4

First National Bank Of Crestview - 3 Branches


    Bank Assets: $249.6k
    Industry Specialization: Other < $1 Billion
    Total Offices: 3

(updated 2014)



Salary Income in Okaloosa County, Florida (1999)

With Wage Or Salary Income

78.82%

No Wage Or Salary Income

21.18%

(updated 2010)



Self-Employment Income in Okaloosa County, Florida (1999)

With Self-employment Income

10.57%

No Self-employment Income

89.43%

(updated 2010)



Airports Near Okaloosa County, Florida

  • Duke Field (Eglin Af Aux Nr 3)


    (about 2.2 miles in Duke Field Afs, Florida; Airport Code: EGI)

  • Duke Field


    (about 2.4 miles in Duke Field Afs, Florida; Airport Code: EGI)

  • Bob Sikes


    (about 9.8 miles in Crestview, Florida; Airport Code: CEW)

  • Northwest Florida Regional


    (about 11.2 miles in Valparaiso, Florida; Airport Code: VPS)

  • Hurlburt Field


    (about 16.5 miles in Hurlburt Field, Florida; Airport Code: RQZ)

  • Destin-Ft. Walton Beach


    (about 17.6 miles in Destin, Florida; Airport Code: DSI)

  • Whiting Field NAS North


    (about 27.9 miles in Milton, Florida; Airport Code: NSE)

  • Pensacola International


    (about 38.9 miles in Pensacola, Florida; Airport Code: PNS)

  • Pensacola Gulf Coast Regional


    (about 39.0 miles in Pensacola, Florida; Airport Code: PNS)

  • Pensacola Regional


    (about 39.0 miles in Pensacola, Florida; Airport Code: PNS)

  • South Alabama Regional at Bill Benton Field


    (about 47.1 miles in Andalusia, Alabama; Airport Code: AL4)

  • Saufley Field NOLF


    (about 47.7 miles in Pensacola, Florida; Airport Code: NUN)

  • Saufley NAS


    (about 47.7 miles in Pensacola, Florida; Airport Code: NUN)

  • Pensacola NAS


    (about 49.2 miles in Pensacola, Florida; Airport Code: NPA)

  • Pensacola NAS Forrest Sherman Field


    (about 49.3 miles in Pensacola, Florida; Airport Code: NPA)

  • Northwest Florida Beaches International


    (about 49.7 miles in Panama City, Florida; Airport Code: ECP)

  • Vosikas


    (about 58.1 miles in Bonifay, Florida; Airport Code: FL3)

  • Enterprise Municipal


    (about 60.1 miles in Enterprise, Alabama; Airport Code: ETS)

  • Bay County


    (about 60.3 miles in Panama City, Florida; Airport Code: PFN)

  • Middleton Field


    (about 60.6 miles in Castleberry, Alabama; Airport Code: JZW)


(updated 2015)



Modes of Transportation in Okaloosa County, Florida

Car, Truck, Or Van:

 

Drove Alone

82.83%

Carpooled

11.68%

Public Transportation:

 

Bus Or Trolley Bus

0.12%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.19%

Motorcycle

0.34%

Bicycle

0.50%

Walked

1.49%

Other Means

0.79%

Worked At Home

2.06%



(updated 2010)



Most Common Occupations in Okaloosa County, Florida

Male:

 

Management, Professional, And Related Occupations:

 

Management, Business, And Financial Operations Occupations:

 

Management Occupations, Except Farmers And Farm Managers

5.49%

Farmers And Farm Managers

0.09%

Business And Financial Operations Occupations:

 

Business Operations Specialists

0.89%

Financial Specialists

0.71%

Professional And Related Occupations:

 

Computer And Mathematical Occupations

1.90%

Architecture And Engineering Occupations:

 

Architects, Surveyors, Cartographers, And Engineers

2.20%

Drafters, Engineering, And Mapping Technicians

0.80%

Life, Physical, And Social Science Occupations

0.23%

Community And Social Services Occupations

0.72%

Legal Occupations

0.30%

Education, Training, And Library Occupations

0.99%

Arts, Design, Entertainment, Sports, And Media Occupations

0.91%

Healthcare Practitioners And Technical Occupations:

 

Health Diagnosing And Treating Practitioners And Technical Occupations

0.84%

Health Technologists And Technicians

0.37%

Service Occupations:

 

Healthcare Support Occupations

0.28%

Protective Service Occupations:

 

Fire Fighting, Prevention, And Law Enforcement Workers, Including Supervisors

1.39%

Other Protective Service Workers, Including Supervisors

0.67%

Food Preparation And Serving Related Occupations

3.25%

Building And Grounds Cleaning And Maintenance Occupations

2.05%

Personal Care And Service Occupations

0.62%

Sales And Office Occupations:

 

Sales And Related Occupations

5.23%

Office And Administrative Support Occupations

3.14%

Farming, Fishing, And Forestry Occupations

0.41%

Construction, Extraction, And Maintenance Occupations:

 

Construction And Extraction Occupations:

 

Supervisors, Construction And Extraction Workers

1.01%

Construction Trades Workers

5.78%

Extraction Workers

0.13%

Installation, Maintenance, And Repair Occupations

4.83%

Production, Transportation, And Material Moving Occupations:

 

Production Occupations

2.45%

Transportation And Material Moving Occupations:

 

Supervisors, Transportation And Material Moving Workers

0.21%

Aircraft And Traffic Control Occupations

0.43%

Motor Vehicle Operators

2.26%

Rail, Water And Other Transportation Occupations

0.30%

Material Moving Workers

1.32%

Female:

 

Management, Professional, And Related Occupations:

 

Management, Business, And Financial Operations Occupations:

 

Management Occupations, Except Farmers And Farm Managers

3.24%

Farmers And Farm Managers

0.03%

Business And Financial Operations Occupations:

 

Business Operations Specialists

0.82%

Financial Specialists

1.12%

Professional And Related Occupations:

 

Computer And Mathematical Occupations

0.54%

Architecture And Engineering Occupations:

 

Architects, Surveyors, Cartographers, And Engineers

0.15%

Drafters, Engineering, And Mapping Technicians

0.14%

Life, Physical, And Social Science Occupations

0.11%

Community And Social Services Occupations

0.86%

Legal Occupations

0.52%

Education, Training, And Library Occupations

3.69%

Arts, Design, Entertainment, Sports, And Media Occupations

0.98%

Healthcare Practitioners And Technical Occupations:

 

Health Diagnosing And Treating Practitioners And Technical Occupations

2.05%

Health Technologists And Technicians

1.37%

Service Occupations:

 

Healthcare Support Occupations

1.28%

Protective Service Occupations:

 

Fire Fighting, Prevention, And Law Enforcement Workers, Including Supervisors

0.39%

Other Protective Service Workers, Including Supervisors

0.16%

Food Preparation And Serving Related Occupations

4.55%

Building And Grounds Cleaning And Maintenance Occupations

2.17%

Personal Care And Service Occupations

2.20%

Sales And Office Occupations:

 

Sales And Related Occupations

7.44%

Office And Administrative Support Occupations

11.07%

Farming, Fishing, And Forestry Occupations

0.07%

Construction, Extraction, And Maintenance Occupations:

 

Construction And Extraction Occupations:

 

Supervisors, Construction And Extraction Workers

0.04%

Construction Trades Workers

0.30%

Extraction Workers

0.0%

Installation, Maintenance, And Repair Occupations

0.25%

Production, Transportation, And Material Moving Occupations:

 

Production Occupations

1.45%

Transportation And Material Moving Occupations:

 

Supervisors, Transportation And Material Moving Workers

0.04%

Aircraft And Traffic Control Occupations

0.02%

Motor Vehicle Operators

0.37%

Rail, Water And Other Transportation Occupations

0.09%

Material Moving Workers

0.29%


(updated 2010)



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