Florida's 1,238-square-mile Walton County covers two percent of the state's total land area. Of the 67 counties in Florida, Walton County ranks 41st in terms of the size of its population (63,508, according to 2015 Census estimates). Based on its natural assets, tourism and recreation define the economic landscape of Walton County. The county is also considered popular among retirees. Recent Lands of America data shows that the average price-per-acre value of land and acreage for sale in Walton County is $1,582. The average list price of property and land for sale was $1,093,413 (the most expensive listing being for $5.7 million) and the median size of land and property for sale in Walton County was 28 acres. Land for sale in Walton County totaled 5,528 acres and $8.7 million in overall land value, with the city of Defuniak Springs featuring the most land for sale in the county. With a recreation- and tourism-dependent economy, recreational acreage and property, as well as hunting lands, are most commonly sold in Walton County.