Okeechobee, FL
Population 5,376 · Florida
About Okeechobee, FL
Okeechobee is a small town located in Florida with a population of 5,376 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,365 per year, which is 33% below the national median of $75,149. The median age of 37.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Okeechobee features a median home value of $187,400, which is 23% below the national median of $244,900. This positions Okeechobee in a moderately priced market relative to the rest of the country. Median monthly rent is $1,008, 13% below the national average of $1,163/month. Of the 1,983 total housing units, 66% are owner-occupied (1,199 units) and 34% are renter-occupied (607 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Okeechobee shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 23.3%, above the national average of 12.4%. Workers in Okeechobee have an average one-way commute time of 18.2 minutes, one of the shorter commutes in the region.
Education & Demographics
20.5% of Okeechobee residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 19.2% White, 0.3% Hispanic or Latino, 1.3% Black or African American, and 2.1% Asian residents, with 9.3% of the population being foreign-born.
Cost of Living in Okeechobee, FL
Compared to national averages, Okeechobee has a median household income of $50,365 (33% below the national median of $75,149). Home values average $187,400, which is 23% below the national median. Monthly rent at $1,008 is 13% below the US average of $1,163. Within Florida, Okeechobee's income is 34% below the state average of $75,893, and home values are 47% below the state median of $353,675.
Why Live in Okeechobee, FL?
Okeechobee offers affordable housing with a median home value of $187,400, below the US average of $244,900, and rent that’s lower than the national average at $1,008/month, and short commute times averaging just 18.2 minutes.
Potential considerations include median household income ($50,365) that falls below the national average. However, Okeechobee’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Okeechobee has a population of 5,376 with a median age of 37.7 years. Compare Okeechobee with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Okeechobee
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Orangetree | 5,377 | $102,133 | $473,800 | Compare |
| Tice | 5,377 | $54,833 | $185,900 | Compare |
| White City | 5,373 | $96,042 | $350,800 | Compare |
| Balm | 5,362 | $104,347 | $312,600 | Compare |
| Rio Pinar | 5,396 | $100,574 | $381,800 | Compare |
| Cocoa West | 5,416 | $32,746 | $135,000 | Compare |
| Zephyrhills South | 5,422 | $39,884 | $41,900 | Compare |
| South Pasadena | 5,324 | $51,369 | $319,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Okeechobee With Other Cities
Frequently Asked Questions about Okeechobee
What is the population of Okeechobee, FL?
The population of Okeechobee, FL is 5,376 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Florida.
What is the median household income in Okeechobee?
The median household income in Okeechobee, FL is $50,365 per year, which is 33% below the national median of $75,149.
What is the median home value in Okeechobee?
The median home value in Okeechobee, FL is $187,400, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Okeechobee?
The median monthly rent in Okeechobee, FL is $1,008, which is 13% below the national average of $1,163/month.
What is the unemployment rate in Okeechobee?
The unemployment rate in Okeechobee, FL is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Okeechobee, FL a good place to live?
Okeechobee offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,376 and a median age of 37.7, the city appeals to a broad range of residents.
How educated is Okeechobee, FL?
20.5% of residents in Okeechobee aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Okeechobee?
Key cost-of-living indicators for Okeechobee, FL: median home value is $187,400 (23% below national), median rent is $1,008/month, and median household income is $50,365. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Okeechobee?
The poverty rate in Okeechobee, FL is 23.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Okeechobee, FL?
Okeechobee's population is 19.2% White, 0.3% Hispanic or Latino, 1.3% Black or African American, 2.1% Asian, and 16.0% two or more races. 9.3% of residents are foreign-born.