Bradenton, Florida Income Statistics

Bradenton 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.

  • D
    Bradenton Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Bradenton Florida Avg US Average
Median Household Income $60,902 $74,580 $80,455
Median Personal Income $47,228 $52,322 $60,758
Average Yearly Income Growth 4.6% 5.4% 4.8%
Six-Figure Earners 7.3% 11.6% 13.9%
$200k+ Households 5.7% 11.0% 13.2%

The median household income in Bradenton is about 18% lower than in Florida. Income has been growing slower in Bradenton (4.6%/yr) than in Florida (5.4%/yr).

About 7% of adults in Bradenton 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

Bradenton
United States

Median household income in Bradenton, Florida grew by 41.7% from 2009 to 2024, reaching $60,902 in 2024. That's an average of about 4.6% per year.

Bradenton has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has widened from 16% in 2009, the closest it has been, to 24% in 2024.

Year Bradenton United States

Income Distribution in Bradenton

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Bradenton
United States

Income range calculator

About 5,951 households (27.4% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 26.6% of households in Bradenton had an income under $35,000 and 12.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Bradenton has a larger share of households earning $35,000 to $49,999 (14.6% vs 10.1%) and a smaller share earning $200,000 or more (5.7% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 1,406 6.5% 5.1%
$10,000 to $14,999 954 4.4% 3.5%
$15,000 to $24,999 1,750 8.1% 6.4%
$25,000 to $34,999 1,671 7.7% 6.7%
$35,000 to $49,999 3,160 14.6% 10.1%
$50,000 to $74,999 4,072 18.8% 15.5%
$75,000 to $99,999 2,743 12.6% 12.6%
$100,000 to $149,999 3,336 15.4% 17.4%
$150,000 to $199,999 1,372 6.3% 9.5%
$200,000 or more 1,243 5.7% 13.2%

Shares are of all 21,707 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).

Income Inequality and the Gender Pay Gap in Bradenton

Metric Bradenton Florida Avg US Average
Gini Coefficient 0.523 0.551 0.552
Male Median Income $52,622 $60,595 $69,667
Female Median Income $52,529 $50,762 $56,850
Gender Pay Gap 0.2% 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 Bradenton, it is 0.523, 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 0% more than women's income in Bradenton, Florida.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Bradenton, Florida has narrowed from about 24% to 0% in 2024. Over that period the gap was widest at 24% in 2010. In dollar terms, the gap has narrowed by $9,530 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Bradenton Florida Avg US Average
Unemployment Rate 6.0% 4.8% 5.2%
Working from Home 10.4% 15.7% 15.0%
Commute time (minutes) 21 23 22

Approximately 1,396 people are unemployed in Bradenton, Florida.

The average commute time in Bradenton is 21 minutes, shorter than the 23 minutes in Florida.

Unemployment Rate Over Time

Bradenton
United States

Since 2011, the unemployment rate in Bradenton, Florida has fallen from 11.8% to 6.0% in 2024. Over that period the rate peaked at 13.9% in 2013 and fell as low as 5.6% in 2020.

Bradenton has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2020, at 0.2 points higher. The gap has narrowed from 3.1 points in 2011 to 0.8 points in 2024.

Year Bradenton United States

Bradenton, FL Wealth Compared With Nearby Cities

How Bradenton, 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.
Bradenton, FL 52,171 $60,902 #1/2 4.6%/yr #2/2 6.0% #2/2 0.523 #2/2
South Bradenton, FL 26,643 $49,973 5.8%/yr 5.1% 0.502

Conclusion

Considering all these factors, Bradenton, Florida has an overall wealth index grade of D, making it about on par with Florida, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Bradenton, Florida.

How Rich Is Bradenton, Florida?

Bradenton 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 $60,902, about 18% lower than the Florida average of $74,580.

How has median household income changed in Bradenton, Florida?

Between 2009 and 2024, the median household income in Bradenton, Florida rose 42%, from $42,972 to $60,902. Over the same years, income here lagged behind Florida as a whole: +42% against +57%.

What was the median household income in Bradenton in 2023?

In 2023, the median household income in Bradenton, Florida was $61,241, up 6% from $57,591 in 2022. The Florida median that year was $71,864.

What was the median household income in Bradenton in 2020?

In 2020, the median household income in Bradenton, Florida was $51,073. By 2024 it had risen 19% to $60,902.

Is it hard to find a job in Bradenton, Florida?

Unemployment in Bradenton, Florida is 6.0%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Bradenton, Florida?

The Gini coefficient in Bradenton is 0.523. 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 Bradenton, Florida?

Since 2009, the income gap between men and women in Bradenton, Florida has narrowed from about 24% to 0% in 2024. Over that period the gap was widest at 24% in 2010. In dollar terms, the gap has narrowed by $9,530 since 2009.

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