Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Bonita Springs | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $91,995 | $71,865 | $78,145 |
| Median Personal Income | $54,599 | $53,537 | $61,726 |
| Average income growth | 6.5% | 5.7% | 5.1% |
| Six-Figure Earners | 17.2% | 10.9% | 13.2% |
The median household income in Bonita Springs is about 28% higher than in Florida. Income has been growing faster in Bonita Springs (6.5%/yr) than in Florida (5.7%/yr).
About 17% of adults in Bonita Springs earn six figures ($100,000 or more) a year, higher than the Florida average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Bonita Springs, Florida grew by 66.8% from 2009 to 2023, reaching $91,995 in 2023. That's an average of about 6.5% per year.
Economic Inequality in Bonita Springs | Gender Pay Gap | Gini Coefficient
| Metric | Bonita Springs | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.549 | 0.566 | 0.570 |
| Male Median Income | $56,587 | $58,426 | $67,746 |
| Female Median Income | $53,124 | $48,893 | $54,793 |
| Gender Pay Gap | 6.1% | 16.3% | 19.1% |
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 Bonita Springs, it is 0.549, lower than Florida's 0.566, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 7% more than women's income in Bonita Springs, Florida. Over a 35-year career, a 7% wage gap accumulates to roughly $121,205 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bonita Springs, Florida has narrowed from about 13% to 6% in 2023. In dollar terms, the gap has narrowed by $2,150 since 2009.
Employment
| Metric | Bonita Springs | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.8% | 5.2% |
| Working from Home | 17.7% | 13.9% | 13.4% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 691 people are unemployed in Bonita Springs, Florida.
The average commute time in Bonita Springs is 22 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bonita Springs, Florida has fallen from 9.2% to 3.2% in 2023.
Conclusion
Considering all these factors, Bonita Springs, Florida has an overall wealth index grade of B, making it somewhat better than Florida, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bonita Springs, Florida.
How Rich Is Bonita Springs, Florida?
Bonita Springs has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $91,995, about 28% higher than the Florida average of $71,865.
What is the current median household income in Bonita Springs, Florida?
As of 2023, the median household income in Bonita Springs, Florida is $91,995.
What was the median household income in Bonita Springs in 2023?
In 2023, the median household income in Bonita Springs, Florida was $91,995.
What was the median household income in Bonita Springs in 2020?
In 2020, the median household income in Bonita Springs, Florida was $72,525.
What is the Gini coefficient in Bonita Springs, Florida?
The Gini coefficient in Bonita Springs is 0.549. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Bonita Springs, Florida?
Since 2009, the income gap between men and women in Bonita Springs, Florida has narrowed from about 13% to 6% in 2023. In dollar terms, the gap has narrowed by $2,150 since 2009.