Bayonet Point, Florida Income Statistics
Bayonet Point Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Bayonet Point Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bayonet Point | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $43,924 | $74,580 | $80,455 |
| Median Personal Income | $43,768 | $52,322 | $60,758 |
| Average Yearly Income Growth | 3.4% | 5.4% | 4.8% |
| Six-Figure Earners | 3.3% | 11.6% | 13.9% |
| $200k+ Households | 3.1% | 11.0% | 13.2% |
The median household income in Bayonet Point is about 41% lower than in Florida. Income has been growing slower in Bayonet Point (3.4%/yr) than in Florida (5.4%/yr).
About 3% of adults in Bayonet Point earn six figures ($100,000 or more) a year, lower than the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bayonet Point, Florida grew by 35.0% from 2009 to 2024, reaching $43,924 in 2024. That's an average of about 3.4% per year.
Bayonet Point has been far below the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2010, its income was 36% lower. The gap has widened from 36% in 2009 to 45% in 2024.
Income Distribution in Bayonet Point
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 1,381 households (12.3% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 39.7% of households in Bayonet Point had an income under $35,000 and 4.6% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Bayonet Point has a larger share of households earning $15,000 to $24,999 (16.8% vs 6.4%) and a smaller share earning $200,000 or more (3.1% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 619 | 5.5% | 5.1% |
| $10,000 to $14,999 | 598 | 5.3% | 3.5% |
| $15,000 to $24,999 | 1,884 | 16.8% | 6.4% |
| $25,000 to $34,999 | 1,346 | 12.0% | 6.7% |
| $35,000 to $49,999 | 1,913 | 17.1% | 10.1% |
| $50,000 to $74,999 | 2,037 | 18.2% | 15.5% |
| $75,000 to $99,999 | 1,415 | 12.6% | 12.6% |
| $100,000 to $149,999 | 862 | 7.7% | 17.4% |
| $150,000 to $199,999 | 172 | 1.5% | 9.5% |
| $200,000 or more | 347 | 3.1% | 13.2% |
Shares are of all 11,194 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 689 residents (3.3% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 3.7% of residents who have any income.
In 2024, 10.8% of Bayonet Point residents aged 15 and over reported no personal income, 39.6% had some income but less than $25,000, and 7.6% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Bayonet Point has a larger share of residents earning $15,000 to $24,999 (17.5% vs 10.5%) and a smaller share earning $100,000 or more (3.3% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,242 | 10.8% | 12.8% |
| $1 to $9,999 | 2,166 | 10.4% | 11.2% |
| $10,000 to $14,999 | 2,426 | 11.7% | 7.0% |
| $15,000 to $24,999 | 3,643 | 17.5% | 10.5% |
| $25,000 to $34,999 | 2,990 | 14.4% | 9.5% |
| $35,000 to $49,999 | 3,334 | 16.0% | 12.6% |
| $50,000 to $74,999 | 2,428 | 11.7% | 14.3% |
| $75,000 to $99,999 | 886 | 4.3% | 8.2% |
| $100,000 or more | 689 | 3.3% | 13.9% |
Shares are of the 20,805 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 10.8% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Bayonet Point
| Metric | Bayonet Point | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.492 | 0.551 | 0.552 |
| Male Median Income | $48,860 | $60,595 | $69,667 |
| Female Median Income | $42,722 | $50,762 | $56,850 |
| Gender Pay Gap | 12.6% | 16.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Bayonet Point, it is 0.492, lower than Florida's 0.551, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 14% more than women's income in Bayonet Point, Florida. Over a 35-year career, a 14% wage gap accumulates to roughly $214,830 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bayonet Point, Florida has widened from about 7% to 13% in 2024. Over that period the gap was widest at 27% in 2013, and was narrowest at 3% in 2022. In dollar terms, the gap has widened by $3,763 since 2009.
Sharply against the trend: the pay gap in Bayonet Point widened by 5.6 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Bayonet Point | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.6% | 4.8% | 5.2% |
| Working from Home | 12.2% | 15.7% | 15.0% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 654 people are unemployed in Bayonet Point, Florida.
The average commute time in Bayonet Point is 21 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bayonet Point, Florida has fallen from 13.7% to 6.6% in 2024. Over that period the rate peaked at 16.6% in 2012.
Bayonet Point has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. The gap has narrowed from 5.0 points in 2011 to 1.4 points in 2024, the closest it has been.
Bayonet Point, FL Wealth Compared With Nearby Cities
How Bayonet Point, FL compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Bayonet Point, FL | 24,680 | $43,924 #2/2 | 3.4%/yr #2/2 | 6.6% #2/2 | 0.492 #1/2 |
| Jasmine Estates, FL | 21,759 | $50,417 | 4.9%/yr | 3.7% | 0.493 |
Conclusion
Considering all these factors, Bayonet Point, Florida has an overall wealth index grade of D, making it somewhat worse than Florida, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bayonet Point, Florida.
How Rich Is Bayonet Point, Florida?
Bayonet Point has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $43,924, about 41% lower than the Florida average of $74,580.
How has median household income changed in Bayonet Point, Florida?
Between 2009 and 2024, the median household income in Bayonet Point, Florida rose 35%, from $32,547 to $43,924. Over the same years, income here lagged behind Florida as a whole: +35% against +57%.
What was the median household income in Bayonet Point in 2023?
In 2023, the median household income in Bayonet Point, Florida was $43,365, up 4% from $41,782 in 2022. The Florida median that year was $71,864.
What was the median household income in Bayonet Point in 2020?
In 2020, the median household income in Bayonet Point, Florida was $37,543. By 2024 it had risen 17% to $43,924.
How strong is the job market in Bayonet Point, Florida?
Unemployment in Bayonet Point, Florida is 6.6%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Bayonet Point, Florida?
The Gini coefficient in Bayonet Point is 0.492. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Bayonet Point, Florida?
Since 2009, the income gap between men and women in Bayonet Point, Florida has widened from about 7% to 13% in 2024. Over that period the gap was widest at 27% in 2013, and was narrowest at 3% in 2022. In dollar terms, the gap has widened by $3,763 since 2009.
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