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ZIP Code 32531

Okaloosa, Florida

FIPS 32531

Juniper

ZIP Code 32531 is in the top 2% nationally for appreciation 1yr %, but in the bottom 25% nationally for FEMA risk score. It also sits in the top 3% nationally for HPI growth 5yr %. And it sits in the 72th percentile nationally for median home value.

Median Home Value

$321,000

Higher than 72% of U.S. ZIP codes

HPI Growth 5yr %

75%

Higher than 97% of U.S. ZIP codes

FEMA Risk Score

83.7

Higher than 75% of U.S. ZIP codes

The basics

Total Population

7,314

Median Age

41.7

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$321,000

Higher than 72%

Median Property Tax

$1,416

Effective Tax Rate

0%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.78

Higher than 71%

Median Rent

$866

Near median

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

75%

Higher than 97%

Appreciation 1yr %

17%

Higher than 98%

Pandemic Gain %

90%

Recession Drop %

-32%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

91.7

Winter Avg Low (°F)

40.2

Avg Temperature (°F)

67

Hot Days/yr (>90°F)

97.5

Freezing Days/yr (<32°F)

38.5

Annual Precipitation (in)

63.6

Annual Snowfall (in)

0

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

83.7

Higher than 75%

EAL Flood/Coastal per $1K

0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 32531: frequently asked questions

What is the median home value in ZIP Code 32531?
The median home value in ZIP Code 32531 is $321,000, higher than 72% of U.S. ZIP codes.
How much is property tax in ZIP Code 32531?
The median annual property tax in ZIP Code 32531 is $1,416, an effective rate of 0% of home value.
Is ZIP Code 32531 expensive to live in?
Homes in ZIP Code 32531 cost about 3.78× the median household income, higher than 71% of U.S. ZIP codes.
What is the average rent in ZIP Code 32531?
The median gross rent in ZIP Code 32531 is $866 a month, near the U.S. ZIP codes median.
How much have home prices grown in ZIP Code 32531?
Home prices in ZIP Code 32531 have moved 75% over the past five years (17% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 32531?
ZIP Code 32531 averages 67°F year-round, summer highs near 91.7°F, winter lows around 40.2°F (NOAA 1991–2020 normals).
Is ZIP Code 32531 at risk of flooding or natural disasters?
ZIP Code 32531's FEMA National Risk Index score is 83.7 (higher than 75% of U.S. ZIP codes). Its greatest modeled natural hazard is hurricane. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →