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Walton County, Florida Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 619   (3.8%)
5:00 A.M. TO 5:29 A.M.   : 774   (4.7%)
5:30 A.M. TO 5:59 A.M.   : 1,114   (6.8%)
6:00 A.M. TO 6:29 A.M.   : 2,067   (12.6%)
6:30 A.M. TO 6:59 A.M.   : 1,811   (11.1%)
7:00 A.M. TO 7:29 A.M.   : 2,608   (16.0%)
7:30 A.M. TO 7:59 A.M.   : 2,134   (13.1%)
8:00 A.M. TO 8:29 A.M.   : 1,511   (9.2%)
8:30 A.M. TO 8:59 A.M.   : 613   (3.7%)
9:00 A.M. TO 9:59 A.M.   : 918   (5.6%)
10:00 A.M. TO 10:59 A.M.   : 344   (2.1%)
11:00 A.M. TO 11:59 A.M.   : 97   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 849   (5.2%)
4:00 P.M. TO 11:59 P.M.   : 892   (5.5%)


(updated 2010)



Household Size By Vehicles Available
(Walton County, Florida)

1-person household:

No vehicle available : 728

1 vehicle available : 4,958

2 vehicles available : 1,325

3 vehicles available : 91

4 or more vehicles available : 28

2-person household:

No vehicle available : 144

1 vehicle available : 2,281

2 vehicles available : 5,382

3 vehicles available : 1,002

4 or more vehicles available : 233

3-person household:

No vehicle available : 39

1 vehicle available : 535

2 vehicles available : 1,493

3 vehicles available : 1,068

4 or more vehicles available : 187

4-or-more-person household:

No vehicle available : 164

1 vehicle available : 733

2 vehicles available : 1,901

3 vehicles available : 719

4 or more vehicles available : 163


(updated 2013)



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

1-person household:

No workers : 3,843

1 worker : 3,287

2-person household:

No workers : 3,029

1 worker : 3,239

2 workers : 2,774

3-person household:

No workers : 492

1 worker : 1,060

2 workers : 1,334

3 workers : 436

4-or-more-person household:

No workers : 454

1 worker : 1,592

2 workers : 1,336

3 or more workers : 298


(updated 2013)



Travel Time To Work
(Walton County, Florida)

Less than 5 minutes : 871

5 to 9 minutes : 3,598

10 to 14 minutes : 3,172

15 to 19 minutes : 3,261

20 to 24 minutes : 2,664

25 to 29 minutes : 743

30 to 34 minutes : 2,940

35 to 39 minutes : 637

40 to 44 minutes : 667

45 to 59 minutes : 2,280

60 to 89 minutes : 1,364

90 or more minutes : 586


(updated 2013)



Occupations in Walton County, Florida

Male:


  • Management, Professional, And Related Occupations: 2,123  (22.7%)
  • Service Occupations: 1,554  (16.6%)
  • Sales And Office Occupations: 1,444  (15.5%)
  • Farming, Fishing, And Forestry Occupations 213  (2.3%)
  • Construction, Extraction, And Maintenance Occupations: 2,538  (27.2%)

Female:


  • Management, Professional, And Related Occupations: 2,124  (27.1%)
  • Service Occupations: 2,215  (28.2%)
  • Sales And Office Occupations: 2,865  (36.5%)
  • Farming, Fishing, And Forestry Occupations 45  (0.6%)
  • Construction, Extraction, And Maintenance Occupations: 146  (1.9%)


(updated 2010)





Employment Rate In Walton County, Florida

Employed: 30,851
Unemployed: 662



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

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 2.6%
  • Total Asian-owned firms of 100 or more, percent 2002: 0.0%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • 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: 30.5%
  • Other: 66.9%



Water Usage In Walton County, Florida

Ground Water

 
Fresh 10.41 Mgal/d
Saline 0.00 Mgal/d

Total 10.41 Mgal/d
 

Surface Water

 
Fresh 1.81 Mgal/d
Saline 0.00 Mgal/d

Total 1.81 Mgal/d





There are 379 Farms In Walton County, Florida


(updated 2008)



Banks In Walton County, Florida

Regions Bank - 6 Branches


    Bank Assets: $707.7m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Trustmark National Bank - 6 Branches


    Bank Assets: $72.7m
    Industry Specialization: Commercial Lending
    Total Offices: 222

Wells Fargo Bank, National Association - 2 Branches


    Bank Assets: $2.8b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Centennial Bank - 2 Branches


    Bank Assets: $13.3m
    Industry Specialization: Commercial Lending
    Total Offices: 166

Suntrust Bank - 2 Branches


    Bank Assets: $356.7m
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

Peoples National Bank - 2 Branches


    Bank Assets: $231k
    Industry Specialization: Commercial Lending
    Total Offices: 10

Bank Of America, National Association - 1 Branches


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

Bancorpsouth Bank - 1 Branches


    Bank Assets: $12.9m
    Industry Specialization: Commercial Lending
    Total Offices: 259

Whitney Bank - 1 Branches


    Bank Assets: $19.2m
    Industry Specialization: Commercial Lending
    Total Offices: 213

First Florida Bank - 1 Branches


    Bank Assets: $270.3k
    Industry Specialization: Commercial Lending
    Total Offices: 4

(updated 2014)







Airports Near Walton County, Florida

  • Duke Field


    (about 21.8 miles in Duke Field Afs, Florida; Airport Code: EGI)

  • Duke Field (Eglin Af Aux Nr 3)


    (about 22.1 miles in Duke Field Afs, Florida; Airport Code: EGI)

  • Bob Sikes


    (about 23.9 miles in Crestview, Florida; Airport Code: CEW)

  • Northwest Florida Regional


    (about 24.4 miles in Valparaiso, Florida; Airport Code: VPS)

  • Destin-Ft. Walton Beach


    (about 25.0 miles in Destin, Florida; Airport Code: DSI)

  • Northwest Florida Beaches International


    (about 28.9 miles in Panama City, Florida; Airport Code: ECP)

  • Vosikas


    (about 34.6 miles in Bonifay, Florida; Airport Code: FL3)

  • Hurlburt Field


    (about 34.8 miles in Hurlburt Field, Florida; Airport Code: RQZ)

  • Bay County


    (about 40.8 miles in Panama City, Florida; Airport Code: PFN)

  • Enterprise Municipal


    (about 48.2 miles in Enterprise, Alabama; Airport Code: ETS)

  • South Alabama Regional at Bill Benton Field


    (about 48.4 miles in Andalusia, Alabama; Airport Code: AL4)

  • Cairns AAF


    (about 51.3 miles in Daleville, Alabama; Airport Code: OZR)

  • Whiting Field NAS North


    (about 51.8 miles in Milton, Florida; Airport Code: NSE)

  • Tyndall AFB


    (about 52.3 miles in Panama City, Florida; Airport Code: PAM)

  • Pensacola International


    (about 62.4 miles in Pensacola, Florida; Airport Code: PNS)

  • Pensacola Regional


    (about 62.4 miles in Pensacola, Florida; Airport Code: PNS)

  • Pensacola Gulf Coast Regional


    (about 62.4 miles in Pensacola, Florida; Airport Code: PNS)

  • Dothan Regional


    (about 63.1 miles in Dothan, Alabama; Airport Code: DHN)

  • Headland Municipal


    (about 71.0 miles in Headland, Alabama; Airport Code: VWA)

  • Saufley Field NOLF


    (about 71.3 miles in Pensacola, Florida; Airport Code: NUN)


(updated 2015)



Modes of Transportation in Walton County, Florida

Car, Truck, Or Van:

 

Drove Alone

77.13%

Carpooled

15.34%

Public Transportation:

 

Bus Or Trolley Bus

0.17%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.06%

Taxicab

0.06%

Motorcycle

0.13%

Bicycle

0.24%

Walked

1.76%

Other Means

1.47%

Worked At Home

3.64%



(updated 2010)





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