Wakulla County, Florida: commercial real estate data.
Wakulla County, Florida had an estimated 37,115 residents on July 1, 2024, up 9.9 percent since the 2020 census base of 33,766, across 606 square miles. County output reached $1.16 bn in 2024, 509 establishments operate here, and the SBA record carries 11 7(a) approvals worth $8.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wakulla County
How many people live in Wakulla County
- Population, American Community Survey 2020-202435,387
- Households12,745
- Average household size2.78
- Median household income$81,895
- Median age42.3
- Median gross rent$1,108 per month
- Median owner-occupied home value$258,300
- Home value to household income3.2 times
- Annual rent as a share of median income16.2 percent
- Adults 25 and over with a bachelor degree or higher23.3 percent
- Adults 25 and over with a graduate degree8.5 percent
- Adults 25 and over25,584
- Population under 187,314
- Share under 1820.7 percent
- Population 65 and over5,841
- Share 65 and over16.5 percent
- Working age population, 18 to 6422,232
- Civilian labor force17,011
- Unemployment rate3.3 percent
- Labor force participation, adults 18 and over60.6 percent
- Rank by population among Florida counties48th of 67
- Rank by population among US county-equivalents, Puerto Rico included1331st of 3,222
Wakulla County is the 48th largest of 67 Florida counties by population. A median home costs 3.2 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 20.7 percent against 16.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wakulla County
Is Wakulla County's population growing?
- Population, July 1, 202437,115
- Census 2020 base population33,766
- Population change since the 2020 census base9.92 percent
- Population change, 2023 to 2024643
- Births, 2024338
- Deaths, 2024382
- Natural change, 2024-44
- Net domestic migration, 2024636
- Net international migration, 202450
- Total net migration, 2024686
- Cumulative net domestic migration, 2021 to 20243,340
- Rank by growth among US county-equivalents150th of 3,144
The county has grown 9.92 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wakulla County
Where are people moving to Wakulla County from?
- Tax returns filed by households arriving1,348
- People arriving, from those returns2,518
- Tax returns filed by households leaving835
- Net household movement513
- Adjusted gross income arriving$82.2 m
- Net adjusted gross income movement$37.2 m
- Average income of an arriving household$60,970
- Average income of a leaving household$53,819
- Largest single originLeon County (555 households)
- Largest single destinationLeon County (343 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Leon County | 555 | 999 | $29.2 m |
| Franklin County | 31 | 64 | $2.1 m |
| Gadsden County | 23 | 53 | $1.9 m |
| Hillsborough County | 22 | 33 | $1.1 m |
Households arriving report $7,151 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Leon County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Wakulla County
What is the Wakulla County economy?
- County GDP, 2024$1.16 bn
- County GDP, 2023$1.09 bn
- GDP change, 2023 to 20246.5 percent
- GDP change over five years43.5 percent
- Rank by GDP among the Florida areas BEA publishes50th of 67
- Rank by GDP among the US county areas BEA publishes1718th of 3,127
- GDP per resident$32,810
Output grew 6.5 percent in the latest year and 43.5 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Wakulla County
Employment by industry in Wakulla County
- Covered employment, annual average6,620
- Establishments reporting634
- Average annual pay$48,580
- Average weekly wage$934
- Retail trade, employment1,033
- Retail trade, average annual pay$29,432
- Accommodation and food services, employment776
- Accommodation and food services, average annual pay$21,278
- Construction, employment591
- Construction, average annual pay$51,366
- Manufacturing, employment541
- Manufacturing, average annual pay$79,572
- Health care and social assistance, employment444
- Professional, scientific and technical services, employment350
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 1,033 | 86 | $29,432 |
| Accommodation and food services | 776 | 60 | $21,278 |
| Construction | 591 | 120 | $51,366 |
| Manufacturing | 541 | 21 | $79,572 |
| Health care and social assistance | 444 | 52 | $39,014 |
| Professional, scientific and technical services | 350 | 56 | $92,655 |
| Other services, except public administration | 207 | 45 | $34,743 |
| Finance and insurance | 162 | 22 | $89,531 |
Retail trade is the largest private sector at 1,033 jobs, 15.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Wakulla County
How many businesses are in Wakulla County?
- Establishments, all industries509
- Employment at those establishments4,357
- Annual payroll$174.2 m
- Establishments per 1,000 residents14.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Wakulla County
Building permits in Wakulla County
- Housing units authorized by permit, 2024468
- Declared construction value permitted$80.2 m
- Single family units authorized468
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$171,443
- Units authorized per 1,000 households36.7
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Wakulla County
SBA loans in Wakulla County (7(a) and 504)
- 7(a) approvals recorded11
- 7(a) gross approval dollars$8.9 m
- Average 7(a) approval$807,645
- Median 7(a) approval$499,000
- Largest single approval$2,626,000
- Jobs reported supported, 7(a)172
- Jobs per approval15.6
- Distinct 7(a) lenders active7
- Distinct industries receiving approvals9
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer36.4 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter6
- Franchise loans0
- Franchise share of approvals0.0 percent
- Most active lenderNortheast Bank (3)
- 504 approvals recorded6
- 504 gross approval dollars$4.8 m
- Average 504 approval$802,333
- Median 504 approval$716,500
- Distinct CDCs active2
- 504 jobs per approval10.8
- 504 jobs per million dollars approved13.5
- Most active CDCFlorida First Capital Finance Corporation, Inc. (5)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$13.7 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wakulla County
SBA loan default and charge-off rates in Wakulla County
Do SBA loans in Wakulla County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Exempt from disclosure7
- Status: Cancelled2
- Status: Committed, not yet disbursed1
Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wakulla County
SBA lending by place in Wakulla County
- Borrower cities with recorded lending2
- Crawfordville, approvals7
- Panacea, approvals4
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Crawfordville | 7 | $3,812,600 |
| Panacea | 4 | $5,071,500 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wakulla County
How large is Wakulla County?
- Land area606 sq mi
- Rank by land area among Florida counties42nd of 67
- Width, east to west38.2 mi
- Height, north to south23.7 mi
- Geographies sharing a boundary4
- Residents per square mile of land58
- Establishments per square mile0.84
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Wakulla County
Flood risk in Wakulla County
- Participation of the county's own NFIP community Wakulla County, unincorporated areasParticipating, community 120315
- Community Rating System class of the county's own communityClass 7
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class2
- Radon levels in Wakulla County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Wakulla County (community 120315), participates in the National Flood Insurance Program and carries Community Rating System class 7, a flood insurance premium discount for policies written there. The EPA places Wakulla County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 7, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Wakulla County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Wakulla County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202435,387
- Households12,745
- Average household size2.78
- Median household income$81,895
- Median age42.3
Common questions
Wakulla County questions, answered from the record.
How many people live in Wakulla County, Florida?
The Census Bureau estimates 37,115 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 35,387, in 12,745 households, ranking 48th of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wakulla County's population growing?
The population has grown 9.92 percent since the 2020 census base of 33,766, to 37,115 on July 1, 2024. In 2024 there were 338 births against 382 deaths, with net migration of 686. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wakulla County?
$81,895. The median owner-occupied home is valued at $258,300, which is 3.2 times income, and median gross rent is $1,108 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Wakulla County?
509 establishments, employing 4,357 people with an annual payroll of $174.2 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Wakulla County?
Retail trade is the largest private sector at 1,033 jobs, 15.6 percent of covered employment. Covered employment averages 6,620 jobs at an average annual pay of $48,580, or $934 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wakulla County?
11 7(a) approvals totaling $8.9 m since FY2020, across 7 lenders, with a median approval of $499,000, plus 6 504 approvals worth $4.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Wakulla County?
468 housing units were authorized by permit in 2024, with a declared construction value of $80.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wakulla County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Wakulla County come from?
The largest single origin is Leon County, with 555 households. Arriving households report an average income of $60,970 against $53,819 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Wakulla County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Wakulla County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Wakulla County
Cities and places in Wakulla.
4 Census places lie wholly or partly in Wakulla County. All 4 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Crawfordville | CDP | 5,732 | 7 | Wholly in this county |
| Panacea | CDP | 894 | 4 | Wholly in this county |
| Sopchoppy | city | 496 | None recorded | Wholly in this county |
| St. Marks | city | 243 | None recorded | Wholly in this county |
Nearby