Rogue waves are ocean surface waves larger than the surrounding sea that can pose a danger to ships and offshore structures. They are often deemed unpredictable without complex measurement of the wavefield and computationally intensive calculation, which is infeasible in most applications; consequently, there a need for fast predictors. Here we collate, quality control, and analyze the largest data set of single‐point field measurements from surface following wave buoys to search for predictors of rogue wave occurrence. We find that analysis of the sea state parameters in bulk yields no predictors, as the subset of seas containing rogue waves sits within the set of seas without. However, spectral bandwidth parameters of rogue seas display different probability distributions to normal seas, but these parameters are rarely provided in wave forecasts. When location is accounted for, trends can be identified in the occurrence of rogue waves as a function of the average sea state characteristics at that location. These trends follow a power law relationship with the characteristic sea state parameters: mean significant wave height and mean zero upcrossing wave period. We find that frequency of occurrence of rogue waves and their generating mechanism is not spatially uniform, and each location is likely to have its own unique sensitivities, which increase in the coastal seas. We conclude that forecastable predictors of rogue wave occurrence will need to be location specific and reflective of their generation mechanism. Therefore, given location and a sufficiently long historical record of sea state characteristics, the likelihood of occurrence can be obtained for mariners and offshore operators.