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Okaloosa County has the 10th highest job growth rate of the 300 Metropolitan Statistical Areas (MSA) across the United States.

High Technology Industry—Cybercity
#3 in Florida, 2007
American Electronics Association

Best Cities for Doing Business
Inc. Magazine, 2007

#2 Business Vitality
The Wall Street Journal, 2007

Best Small Places for Business & Careers
Forbes Magazine, 2002

Top 10 Least Stressed Areas
The Wadley-Donovan Group, 2001

Top Ten Fastest Growing Metro In America
Taimerica Management Company, 2000

Click here to view an occupational wage table providing a sampling of the most requested wage rates for Okaloosa County; the Ft. Walton Beach/Crestview/Destin MSA.  You may contact the EDC for a more comprehensive list or a specific occupation.

Unlike most Florida metropolitan areas Okaloosa County offers a prime working age population.


Source: Census Bureau

Okaloosa County Demographic Profile

Retired or otherwise separated military veterans make up 1/3 of Okaloosa's population.

 


Source: UWF Haas Center
US = United States, FL = Florida, FWB = Fort Walton Beach MSA, PC = Panama City, PNS = Pensacola, TAL = Tallahassee

 

Okaloosa Employment
2010 1st Qrtr 2nd Qrtr 3rd Qrtr 4th Qrtr
Labor Force 97,021 TBD TBD TBD
Employment 88,298 TBD TBD TBD
Unemployment 8,723 TBD TBD TBD
Unemployment Rate 9% TBD TBD TBD
2009 1st Qrtr 2nd Qrtr 3rd Qrtr 4th Qrtr
Labor Force 96,370 97,895 97,811 97,353
Employment 89,415 91,167 90,870 89,541
Unemployment 6,955 6,728 6,941 7,812
Unemployment Rate 7.2% 6.9% 7.1% 8%
2008 1st Qrtr 2nd Qrtr 3rd Qrtr 4th Qrtr
Labor Force 97,389 99,039 99,861 97,510
Employment 93,832 95,283 95,052 91,108
Unemployment 2,557 3,756 4,808 5,403
Unemployment Rate 3.7% 3.8% 4.8% 5.5%
2007 1st Qrtr 2nd Qrtr 3rd Qrtr 4th Qrtr
Labor Force 98,595 101,186 102,983 97,830
Employment 96,038 98,651 99,895 94,673
Unemployment 2,557 2,535 3,088 3,157
Unemployment Rate 2.6% 2.5% 3.0% 3.2%
2006 1st Qrtr 2nd Qrtr 3rd Qrtr 4th Qrtr
Labor Force 96,741 100,820 102,852 99,179
Employment 94,327 98,515 100,186 96,879
Unemployment 2,414 2,305 2,666 2,301
Unemployment Rate 2.5% 2.3% 2.6% 2.3%
2005 1st Qrtr 2nd Qrtr 3rd Qrtr 4th Qrtr
Labor Force 88,718 98,436 100,064 96,632
Employment 85,454 95,510 97,134 94,061
Unemployment 3,264 2,926 2,930 2,571
Unemployment Rate 3.68% 2.97% 2.9% 2.7%
Source: UWF Haas Center

Defense Contractors

The large military presence draws a great diversity of technology-based firms.  With over 3,000 military men and women separating from the military and staying in the area each year our labor market offers an educated, highly-skilled and highly disciplined work force.  This coveted workforce supplements the defense contractors' needs.

Over 300 local technology-based firms contract with the local military bases.

The EDC created TeCMEN in its commitment to growing its technology industries. The Technology Coast Manufacturing and Engineering Network (TeCMEN) is a collaborative network of high-technology manufacturing and engineering service companies working together to  gain access to larger projects by partnering and teaming. Assisting in this commitment are Okaloosa's learning institutions that offer associate, undergraduate, master's and doctoral degrees, as well as certification programs and technology-transfer services.

The defense contracting in Okaloosa County creates the foundation for growth and expansion in high-technology segments of the economy.  Local defense contractors have increased hiring in response to the increased military spending since September 11, 2001.  Many are obtaining new contracts each year requiring hundreds of new employees.

In 2002 the EDC contracted a study reflecting Okaloosa County as a technology hub with 156 technology-based businesses per 100,000 population.

Okaloosa County is the leading technology center in Northwest Florida and continues to experience unprecedented growth.

With the military being the #1 contributor in Okaloosa's economy the EDC maintains a leading edge through the Defense Support Initiative Committee in order to ensure the retention and continual growth of the Department of Defense in Okaloosa County.  Growth management planning is also an objective of the DSI in preparation for the BRAC realignment personnel.

The EDC established Okaloosa County's first business technology incubator to cultivate and strengthen the development of technology-based start-up companies.

Workforce

The community's work force is supplemented by the spouses and dependents of the active duty military personnel and civilians, and the retired or separated military personnel from Eglin Air Force Base and Hurlburt Field.

Retired or otherwise separated military veterans make up 1/3 of Okaloosa's population.

 

Civilian Employed Population 16 Years and Over
OCCUPATION 76,840 Percentage
Management, professional, and related occupations 26,365 34.31%
Service occupations 16,166 21.04%
Sales and office occupations 18,622 24.23%
Farming, fishing, and forestry occupations 247 0.32%
Construction, extraction, maintenance and repair occupations 10,581 13.77%
Production, transportation, and material moving occupations 4,859 6.32%
Source: 2005 Census Bureau

 

INDUSTRY 76,840 Percentage
Agriculture, forestry, fishing and hunting, and mining 155 0.20%
Construction 7,846 10.21%
Manufacturing 3,097 4.03%
Wholesale trade 823 1.07%
Retail trade 10,497 13.66%
Transportation and warehousing, and utilities 2,814 3.66%
Information 1,202 1.56%
Finance and insurance, and real estate and rental and leasing 5,401 7.03%
Professional, scientific, and management, and administrative and waste management services 10,200 13.27%
Educational services, and health care, and social assistance 12,128 15.78%
Arts, entertainment, and recreation, and accommodation, and food services 9,708 12.63%
Other services, except public administration 3,664 4.77%
Public administration 9,305 12.11%
Source: 2005 Census Bureau

 

 HOUSEHOLD INCOME AND BENEFITS
(In 2005 Inflation-Adjusted Dollars)
Total households 72,402 Percentage
Less than $10,000 4,526 6.25%
$10,000 to $14,999 3,266 4.51%
$15,000 to $24,999 6,767 9.35%
$25,000 to $34,999 8,082 11.16%
$35,000 to $49,999 12,879 17.79%
$50,000 to $74,999 15,912 21.98%
$75,000 to $99,999 8,665 11.97%
$100,000 to $149,999 8,387 11.58%
$150,000 to $199,999 2,277 3.14%
$200,000 or more 1,641 2.27%
Median household income (dollars) 50,899  
Mean household income (dollars) 63,870  
Source: 2005 Census Bureau

 

TRAVEL TIME TO WORK
Less than 10 minutes 17.50%
10 to 14 minutes 17.70%
15 to 19 minutes 18.00%
20 to 24 minutes 12.90%
25 to 29 minutes 4.80%
30 to 34 minutes 15.60%
35 to 44 minutes 4.80%
45 to 59 minutes 5.30%
60 or more minutes 3.40%
Mean travel time to work (minutes) 21.2
Source: 2005 Census Bureau

 

Other factors that contribute to Okaloosa County's great workforce include:

  • Little or no union membership activity.
  • A constitutional right-to-work provision that requires a public referendum rather than a legislative vote to change it.

A listing of Okaloosa County businesses
may be viewed on the EDC membership page.

Population   l   Employment   l   Defense Contractors   l   Workforce

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Web Developer Kay Rasmussen

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