Area Insights of 34974, Okeechobee, FL

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 175 homes were sold with 44 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

34974, Okeechobee, FL

Date

03-15-2023

Price Ratio

98%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Rock Solid Christian Academy

PK to 8

Middle School

Osceola Middle School

6 to 8

Ratings

C-

High School

Okeechobee Virtual Franchise

6 to 12

Ratings

D+

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 7% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (23,249)
12,071 Male
11,178 Female
Education
35% High School
9% Associate
13% Bachelor
5% Graduate
Age

Average Age is 45 Years

Household Details

The area's household landscape is diverse, with 79% owner-occupied homes and 21% renter-occupied properties. Family households represent 64% of the population, indicating a strong community focus on family living. The average home value stands at $338,034, which suggests ample demand for multi-bedroom properties.

Total Households
9,123
Average home value
$338,034
Owned
79%
Rented
21%
Vacant
26%
Families
64%
Married
49%
With children
24%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 1% Asian, 5% Black, and 2% Native residents, alongside 75% White and 18% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 20% of households earning over $100,000 annually, while 27% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
3%
Healthcare
13%
Professional
3%
Education
11%
Services
28%
Labor
16%
Retail
13%
Other
13%