Most of Fort Walton Beach is in Okaloosa County, where a full-time job needs to pay at least $42.86 an hour before taxes to take home four times the typical studio rent.
Across the 3 ZIP codes in Fort Walton Beach with HUD rent figures, studio rents run from $1,380 to $1,420 a month. At the middle rent, $1,420, a full-time job would need to pay $43.92 an hour before taxes.
What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.
| ZIP | County | Studio rent | Pay needed |
|---|---|---|---|
| 32547 | Okaloosa County | $1,380/mo | $42.50/hr |
| 32548 | Okaloosa County | $1,420/mo | $43.92/hr |
| 32549 | Okaloosa County | $1,420/mo | $43.92/hr |
Under the Four Times Rent standard, a full-time job in Fort Walton Beach needs to pay at least $42.86 an hour before taxes, about $89,146 a year. That is the figure for Okaloosa County, where the typical studio rent is $1,390 a month.
Yes. Across the 3 ZIP codes in Fort Walton Beach with HUD rent figures, studio rents run from $1,380 to $1,420 a month. At the middle rent of $1,420, the pay needed would be $43.92 an hour.
The minimum wage in Okaloosa County is $15.00 an hour. The Four Times Rent standard there is 2.9 times that.
The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads