HousingHandbookReference data

U.S. ZIP Code · FL34972

Okeechobee County

Typical home value

$307,494[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.4%
5-year / yr
+9.3%
10-year / yr
+10.8%

Relative price

vs U.S.
+8.2%
vs metro
vs state
-11.3%
ZIP 34972 location in FL
Location of ZIP 34972 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 34972 is worth $307,494. Over the past year, values have risen 0.4%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$2,281[3]

#Climate risk

FEMA National Risk Index ratings for Okeechobee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
No Rating
Wildfire
Relatively Moderate
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively High
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
No Rating

#Who lives here

Population
20,066[3]
Median household income
$61,040[3]

#Migration

Household moves in and out of Okeechobee County over a year, from IRS tax-return data.

Net migration
+243[5]
Moved in
1,275
Moved out
1,032

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
2
Middle
1
High
2
  • OKEECHOBEE HIGH SCHOOL

    High · Grades 9–12 · OKEECHOBEE

    1,741 students

  • YEARLING MIDDLE SCHOOL

    Middle · Grades 6–8 · OKEECHOBEE

    625 students

  • NORTH ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · OKEECHOBEE

    558 students

  • SEMINOLE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · OKEECHOBEE

    541 students

  • OKEECHOBEE ACHIEVEMENT ACADEMY

    Other · Grades PK–12 · OKEECHOBEE

    179 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,555
Loan principal$245,995
Down payment$61,499
Total interest paid$313,754

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,001
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 34972?
The typical home in 34972 is worth $307,494, based on the Zillow Home Value Index.
Are home values rising in 34972?
Home values in 34972 are up 0.4% over the past year, and up 9.3% a year over five years.
What is the property tax rate in 34972?
The effective property tax rate in 34972 is 0.7% — roughly $2,281 a year on a typical home.
Who lives in 34972?
ZIP code 34972 has a population of 20,066 and a median household income of $61,040.

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Pit ZIP 34972 against any other ZIP — full side-by-side table.

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