Statistics About The Average Household Income Florida

In this post, we explore the intricate landscape of household income statistics in Florida. From the overall average household income in the state to specific county-level details and comparisons with national figures, the data paints a vivid picture of the economic diversity within the Sunshine State. Join us as we delve into the numbers to uncover key insights into income distribution and disparities across various regions of Florida.

Statistic 1

"As of 2019, the average household income in Florida was approximately $58,700."

Statistic 2

"Between 2017 and 2018, the average household income in Florida grew by 3.5%."

Statistic 3

"The Florida counties with the highest average income are St. John's County, Sarasota County, and Martin County."

Statistic 4

"The Florida counties with the lowest average income are DeSoto County, Hamilton County, and Washington County."

Statistic 5

"The average income in Miami-Dade County was $53,551 per household in 2019."

Statistic 6

"On average, household income in Florida increased by 8% from 2015 to 2019."

Statistic 7

"Florida's average household income is lower than the national average of $65,712."

Statistic 8

"The average income per capita in Florida in 2019 was approximately $31,500."

Statistic 9

"Florida ranked 38th in terms of average household income out of 50 states in 2019."

Statistic 10

"More than 15% of households in Florida have an income less than $15,000 per year."

Statistic 11

"About 14.5% of Florida's population lives in poverty, compared to the national average of 9.2%."

Statistic 12

"The average household income in Miami, Florida is approximately $48,932."

Statistic 13

"Leon County, Florida has the highest number of residents earning lower than average income, with 28.2% earning less than $25,000 annually."

Statistic 14

"The average income in Orlando, Florida is approximately $51,820."

Statistic 15

"Palm Beach, Florida has a high average household income amongst its residents, about $125,000."

Statistic 16

"Approximately 17% of households in Florida have an income above $100,000."

In conclusion, the statistics reveal a nuanced picture of household income dynamics in Florida. While the average household income in the state saw steady growth between 2015 and 2019, reaching $58,700 in 2019, it still lags behind the national average. Disparities exist between counties, with affluent areas such as St. John’s, Sarasota, and Martin counties contrasting with lower-income regions like DeSoto and Hamilton counties. Miami-Dade County, a significant economic hub, displayed a respectable household income level, while Miami itself had a lower average income. The data also shed light on income inequality, with a substantial portion of households earning less than $15,000 annually and a notable poverty rate above the national average. Overall, understanding these statistics is crucial for policymakers and community stakeholders working towards economic equity and well-being in Florida.