HomeFlorida › Valparaiso

Valparaiso, Florida

city · Okaloosa County

At a glance

4,885
Population
$394,700
Median home value (all homes)
30% above U.S. median
$331,979
Typical market value
Zillow, 2026-07
$1,366/mo
Median rent
1% above U.S. median
$90,110
Median household income
15% above U.S. median
17.4 min
Average commute
85.6%
Homes with broadband
99.87%
Locations with fiber available
4.4%
Unemployment

Cost of living (Clay Affordability Index)

CAI 109 — 9% above the national average. how it's computed

Housing48% above
Goods & services2% below
Utilities7% above
Taxes63% below
Insurance49% above
Commute cost37% below
For business: Florida is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college3 mi
Nearest community college41 mi
Nearest technical college7 mi
High school graduates99.7%
College graduates45.9%

Doing business here

Economic development contacts, most local first:

state Enterprise Florida
Florida-based economic development organization page offering business development, export resources, and international trade information, with contact details for a regional business development team.
state Florida Economic Development Council
Florida Economic Development Council is a Florida-based economic development organization with a board of directors and staff, offering membership, advocacy, events, and professional development for Florida's economic development professionals.
State sales taxYes
State income taxNone
Right-to-work stateYes

Similar towns nearby

Niceville, FL 1 mi · pop 16,544 · $424k
Shalimar, FL 6 mi · pop 885 · $477k
Destin, FL 8 mi · pop 14,077 · $490k
Cinco Bayou, FL 9 mi · pop 609 · $349k
Fort Walton Beach, FL 9 mi · pop 21,025 · $322k