Casselberry, Florida Income Statistics

Casselberry 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.

  • C
    Casselberry Below average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Casselberry Florida Avg US Average
Median Household Income $69,591 $74,580 $80,455
Median Personal Income $51,155 $52,322 $60,758
Average Yearly Income Growth 6.2% 5.4% 4.8%
Six-Figure Earners 10.0% 11.6% 13.9%
$200k+ Households 5.6% 11.0% 13.2%

The median household income in Casselberry is about 7% lower than in Florida. Income has been growing faster in Casselberry (6.2%/yr) than in Florida (5.4%/yr).

About 10% of adults in Casselberry 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

Casselberry
United States

Median household income in Casselberry, Florida grew by 46.1% from 2009 to 2024, reaching $69,591 in 2024. That's an average of about 6.2% per year.

Casselberry 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 6.9% in 2009, the closest it has been, to 14% in 2024.

Year Casselberry United States

Income Distribution in Casselberry

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

Households by income, 2024

Casselberry
United States

Income range calculator

About 3,517 households (30.6% of all households) have an income of $100,000 or more.

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

In 2024, 19.8% of households in Casselberry had an income under $35,000 and 11.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Casselberry has a larger share of households earning $50,000 to $74,999 (23.5% vs 15.5%) and a smaller share earning $200,000 or more (5.6% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 455 4.0% 5.1%
$10,000 to $14,999 381 3.3% 3.5%
$15,000 to $24,999 628 5.5% 6.4%
$25,000 to $34,999 807 7.0% 6.7%
$35,000 to $49,999 1,199 10.4% 10.1%
$50,000 to $74,999 2,705 23.5% 15.5%
$75,000 to $99,999 1,802 15.7% 12.6%
$100,000 to $149,999 2,244 19.5% 17.4%
$150,000 to $199,999 635 5.5% 9.5%
$200,000 or more 638 5.6% 13.2%

Shares are of all 11,493 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 Casselberry

Metric Casselberry Florida Avg US Average
Gini Coefficient 0.515 0.551 0.552
Male Median Income $56,784 $60,595 $69,667
Female Median Income $49,427 $50,762 $56,850
Gender Pay Gap 13.0% 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 Casselberry, it is 0.515, 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 15% more than women's income in Casselberry, Florida. Over a 35-year career, a 15% wage gap accumulates to roughly $257,495 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Casselberry, Florida has narrowed from about 21% to 13% in 2024. Over that period the gap was widest at 21% in 2010, and was narrowest at 1% in 2018. In dollar terms, the gap has narrowed by $1,376 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Casselberry Florida Avg US Average
Unemployment Rate 3.7% 4.8% 5.2%
Working from Home 18.4% 15.7% 15.0%
Commute time (minutes) 25 23 22

Approximately 554 people are unemployed in Casselberry, Florida.

The average commute time in Casselberry is 25 minutes, longer than the 23 minutes in Florida.

Unemployment Rate Over Time

Casselberry
United States

Since 2011, the unemployment rate in Casselberry, Florida has fallen from 10.9% to 3.7% in 2024. Over that period the rate peaked at 13.4% in 2013 and fell as low as 3.6% in 2023.

Casselberry started 2.3 points above the U.S. unemployment rate in 2011 but had dropped below it by 2020, and has not been above it since. In 2024 its rate was 1.5 points lower.

Year Casselberry United States

Casselberry, FL Wealth Compared With Nearby Cities

How Casselberry, 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.
Casselberry, FL 26,914 $69,591 #2/2 6.2%/yr #1/2 3.7% #1/2 0.515 #1/2
Winter Springs, FL 33,252 $90,363 4.5%/yr 3.8% 0.527

Conclusion

Considering all these factors, Casselberry, Florida has an overall wealth index grade of C, making it about on par with Florida, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Casselberry, Florida.

How Rich Is Casselberry, Florida?

Casselberry has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $69,591, about 7% lower than the Florida average of $74,580.

How has median household income changed in Casselberry, Florida?

Between 2009 and 2024, the median household income in Casselberry, Florida rose 46%, from $47,620 to $69,591. Over the same years, income here lagged behind Florida as a whole: +46% against +57%.

What was the median household income in Casselberry in 2023?

In 2023, the median household income in Casselberry, Florida was $67,112, up 5% from $63,677 in 2022. The Florida median that year was $71,864.

What was the median household income in Casselberry in 2020?

In 2020, the median household income in Casselberry, Florida was $54,470. By 2024 it had risen 28% to $69,591.

How strong is the job market in Casselberry, Florida?

Unemployment in Casselberry, Florida is only 3.7%, well below the Florida rate of 4.8%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Casselberry, Florida?

The Gini coefficient in Casselberry is 0.515. 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 Casselberry, Florida?

Since 2009, the income gap between men and women in Casselberry, Florida has narrowed from about 21% to 13% in 2024. Over that period the gap was widest at 21% in 2010, and was narrowest at 1% in 2018. In dollar terms, the gap has narrowed by $1,376 since 2009.

Analyze any area in the US

Get local demographics for any address, aggregated by drive time or radius, on the interactive map.

Explore the map →