Town โ€ข 20,922 people

Fort Walton Beach, FL

Discover how far your salary goes in Fort Walton Beach. Compare taxes, rent, and living costs.

Cost Index
131
๐Ÿ“ˆ Above Average
Population

20,922

State Tax

None! ๐ŸŽ‰

1BR Rent

$1,530

/month

vs National

+9%

above avg

How far would your salary go in Fort Walton Beach?

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Rent Prices in Fort Walton Beach

๐Ÿ 

Studio

$1,224

/month

$14,688/year

Most Common
๐Ÿ›๏ธ

1 Bedroom

$1,530

/month

$18,360/year

๐Ÿก

2 Bedroom

$2,065

/month

$24,780/year

๐Ÿ˜๏ธ

3 Bedroom

$2,677

/month

$32,124/year

Taxes in Florida

State Income Tax

Florida

0%
๐ŸŽ‰

No State Income Tax!

Florida doesn't tax wagesโ€”keep more of every paycheck.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Fort Walton Beach, FL?โ–ผ

Fort Walton Beach has a cost of living index of 131, which is 31% above the national average. A 1-bedroom apartment costs around $1,530/month.

What is the state income tax in Florida?โ–ผ

Florida has no state income tax! This can save you thousands of dollars per year compared to states with income tax.

How much is rent in Fort Walton Beach?โ–ผ

The median rent for a 1-bedroom apartment in Fort Walton Beach is $1,530/month. For a 2-bedroom, expect to pay around $2,065/month. This is 9% above the national average.

Is Fort Walton Beach a good place to live?โ–ผ

Fort Walton Beach is a town with a population of 20,922. The cost of living is above average, making it more expensive than average for the US. A major advantage is zero state income tax.

See the complete picture for Fort Walton Beach

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