ZIP Code 32531 Demographics

Okaloosa County, Florida  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 32531 compared to county averages.

Total Population

7,235

↓ 96.6% vs county

Median HH Income

$79,258

↑ +7.1% vs county

Median Home Value

$266,900

↓ 9.6% vs county

Median Age

45.2 yrs

↓ +21.8% vs county

Unemployment Rate

3.0%

↓ +1.0% vs county

Income & Housing Comparison

How ZIP 32531 compares to Okaloosa County and Florida overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 32531 $79k Okaloosa $74k Florida $68k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 32531 $267k Okaloosa $295k Florida $292k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

15.6%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

84.8%

of occupied housing units are owner-occupied

Median Gross Rent

$874

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 32531 using local Census metrics.

Median Home Value$266,900
Down Payment (20%)$53,380
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,695P&I: $1350 | Tax: $267 | Ins: $78
Rent (Local Median)
$874
Renting is CheaperRenting is estimated to save you $821/month compared to buying costs.

How Does 32531 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 32531 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 32531, sorted by distance.

32536 9.8 mi away okaloosa county 32564 11.8 mi away okaloosa county 32541 35.6 mi away okaloosa county 32550 39.7 mi away walton county 32459 46.4 mi away walton county

About Okaloosa County

Okaloosa County is located in Florida and has a total population of 212,021. The county's median household income is $73,988 and median home value is $295,400. ZIP code 32531 is one of many ZCTAs within this county.

View all ZIP codes in Okaloosa County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.