Citrus County, Florida Income Statistics
Citrus County Wealth Score
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.
-
D
Citrus County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Citrus County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $56,112 | $74,580 | $80,455 |
| Median Personal Income | $46,915 | $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 | 5.6% | 11.0% | 13.2% |
The median household income in Citrus County is about 25% lower than in Florida. Income has been growing slower in Citrus County (4.6%/yr) than in Florida (5.4%/yr).
About 7% of adults in Citrus County 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 Citrus County, Florida grew by 47.0% from 2009 to 2024, reaching $56,112 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Citrus County
| Metric | Citrus County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.543 | 0.551 | 0.552 |
| Male Median Income | $54,150 | $60,595 | $69,667 |
| Female Median Income | $46,588 | $50,762 | $56,850 |
| Gender Pay Gap | 14.0% | 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 Citrus County, it is 0.543, 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 16% more than women's income in Citrus County, Florida. Over a 35-year career, a 16% wage gap accumulates to roughly $264,670 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Citrus County, Florida has narrowed from about 21% to 14% in 2024. Over that period the gap was widest at 25% in 2013, and was narrowest at 13% in 2019. In dollar terms, the gap has narrowed by $430 since 2009.
Employment
| Metric | Citrus County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.3% | 4.8% | 5.2% |
| Working from Home | 13.6% | 15.7% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 3,619 people are unemployed in Citrus County, Florida.
The average commute time in Citrus County is 22 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Citrus County, Florida has fallen from 15.0% to 6.3% in 2024. Over that period the rate peaked at 15.7% in 2013.
Citrus County, FL Wealth Compared With Nearby Counties
Citrus County, FL is the 4th largest of the 6 counties compared here, 162,471 residents against a local median of 207,007. Where Citrus County, FL breaks from the counties next to it is unemployment, sitting 30% above the local median of 4.9% at 6.3%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 4.6%/yr against a local median of 5.5%/yr, 17% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Citrus County, FL reads weaker than its neighbours on all of them. The counties themselves spread 1.4% on unemployment, so Citrus County, FL sits at one end of an already wide local range rather than apart from it. Citrus County, FL has the 6th lowest unemployment of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Citrus County, FL | 162,471 | $56,112 #6/6 | 4.6%/yr #6/6 | 6.3% #6/6 | 0.543 #6/6 |
| Hernando County, FL | 207,007 | $66,909 | 5.9%/yr | 5.3% | 0.522 |
| Levy County, FL | 45,384 | $57,834 | 6.4%/yr | 4.1% | 0.516 |
| Sumter County, FL | 143,408 | $76,563 | 4.9%/yr | 5.4% | 0.516 |
| Pasco County, FL | 611,333 | $70,925 | 5.5%/yr | 4.9% | 0.540 |
| Marion County, FL | 400,073 | $61,094 | 5.3%/yr | 4.8% | 0.530 |
Conclusion
Considering all these factors, Citrus County, 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 Citrus County, Florida.
How Rich Is Citrus County, Florida?
Citrus County 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 $56,112, about 25% lower than the Florida average of $74,580.
How has median household income changed in Citrus County, Florida?
Between 2009 and 2024, the median household income in Citrus County, Florida rose 47%, from $38,175 to $56,112. Over the same years, income here lagged behind Florida as a whole: +47% against +57%.
What was the median household income in Citrus County in 2023?
In 2023, the median household income in Citrus County, Florida was $55,585, up 5% from $52,867 in 2022. The Florida median that year was $71,864.
What was the median household income in Citrus County in 2020?
In 2020, the median household income in Citrus County, Florida was $45,781. By 2024 it had risen 23% to $56,112.
Is unemployment high in Citrus County, Florida?
Unemployment in Citrus County, Florida is 6.3%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Citrus County, Florida?
The Gini coefficient in Citrus County is 0.543. 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 Citrus County, Florida?
Since 2009, the income gap between men and women in Citrus County, Florida has narrowed from about 21% to 14% in 2024. Over that period the gap was widest at 25% in 2013, and was narrowest at 13% in 2019. In dollar terms, the gap has narrowed by $430 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 →