Citrus Park, Florida Income Statistics
Citrus Park 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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B
Citrus Park Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Citrus Park | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $87,436 | $74,580 | $80,455 |
| Median Personal Income | $58,455 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.9% | 5.4% | 4.8% |
| Six-Figure Earners | 12.0% | 11.6% | 13.9% |
| $200k+ Households | 12.9% | 11.0% | 13.2% |
The median household income in Citrus Park is about 17% higher than in Florida. Income has been growing slower in Citrus Park (4.9%/yr) than in Florida (5.4%/yr).
About 12% of adults in Citrus Park earn six figures ($100,000 or more) a year, about the same as the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Citrus Park, Florida grew by 45.1% from 2009 to 2024, reaching $87,436 in 2024. That's an average of about 4.9% per year.
Citrus Park has been above the U.S. median household income in most years since 2009, but briefly dipped below it in 2020 (3.3% lower). In 2024 its income was 8.7% higher.
Income Distribution in Citrus Park
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 4,835 households (45.1% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 21.7% of households in Citrus Park had an income under $35,000 and 22.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Citrus Park has a larger share of households earning $100,000 to $149,999 (22.4% vs 17.4%) and a smaller share earning $35,000 to $49,999 (6.2% vs 10.1%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 516 | 4.8% | 5.1% |
| $10,000 to $14,999 | 453 | 4.2% | 3.5% |
| $15,000 to $24,999 | 428 | 4.0% | 6.4% |
| $25,000 to $34,999 | 934 | 8.7% | 6.7% |
| $35,000 to $49,999 | 668 | 6.2% | 10.1% |
| $50,000 to $74,999 | 1,842 | 17.2% | 15.5% |
| $75,000 to $99,999 | 1,040 | 9.7% | 12.6% |
| $100,000 to $149,999 | 2,399 | 22.4% | 17.4% |
| $150,000 to $199,999 | 1,050 | 9.8% | 9.5% |
| $200,000 or more | 1,386 | 12.9% | 13.2% |
Shares are of all 10,715 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 2,853 residents (12.0% 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 14.1% of residents who have any income.
In 2024, 14.9% of Citrus Park residents aged 15 and over reported no personal income, 25.0% had some income but less than $25,000, and 19.7% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Citrus Park has a larger share of residents with no personal income (14.9% vs 12.8%) and a smaller share earning $100,000 or more (12.0% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,560 | 14.9% | 12.8% |
| $1 to $9,999 | 2,336 | 9.8% | 11.2% |
| $10,000 to $14,999 | 1,530 | 6.4% | 7.0% |
| $15,000 to $24,999 | 2,088 | 8.8% | 10.5% |
| $25,000 to $34,999 | 2,637 | 11.1% | 9.5% |
| $35,000 to $49,999 | 3,139 | 13.2% | 12.6% |
| $50,000 to $74,999 | 3,875 | 16.2% | 14.3% |
| $75,000 to $99,999 | 1,838 | 7.7% | 8.2% |
| $100,000 or more | 2,853 | 12.0% | 13.9% |
Shares are of the 23,856 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 14.9% 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 Citrus Park
| Metric | Citrus Park | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.545 | 0.551 | 0.552 |
| Male Median Income | $56,017 | $60,595 | $69,667 |
| Female Median Income | $67,121 | $50,762 | $56,850 |
| Gender Pay Gap | -19.8% | 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 Park, it is 0.545, 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.
Women's income is about 20% more than men's income in Citrus Park, Florida. Over a 35-year career, a 20% wage gap accumulates to roughly $388,640 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Citrus Park, Florida has widened from about 17% to -20% in 2024. Over that period the gap was widest at 20% in 2016, and in 2023 women out-earned men by 21%. In dollar terms, the gap has narrowed by $18,627 since 2009.
Employment
| Metric | Citrus Park | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 4.8% | 5.2% |
| Working from Home | 22.6% | 15.7% | 15.0% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 780 people are unemployed in Citrus Park, Florida.
The average commute time in Citrus Park is 27 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Citrus Park, Florida has fallen from 10.7% to 5.0% in 2024. Over that period the rate peaked at 12.0% in 2013 and fell as low as 2.9% in 2019.
Citrus Park started 2.0 points above the U.S. unemployment rate in 2011 but had dropped below it by 2015, and has not been above it since. In 2024 its rate was 0.2 points lower.
Citrus Park, FL Wealth Compared With Nearby Cities
Citrus Park, FL is typical in size for this group, 27,910 residents against a local median of 26,445, so the measures below are close to a like for like comparison. The measure that sets Citrus Park, FL apart most is unemployment: 5.0%, 40% above the local median of 3.6%. That is the weaker end of the local range on this measure.
The cities themselves spread 1.6% on unemployment, so Citrus Park, FL sits at one end of an already wide local range rather than apart from it. Citrus Park, 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 Park, FL | 27,910 | $87,436 #4/6 | 4.9%/yr #2/6 | 5.0% #6/6 | 0.545 #6/6 |
| Northdale, FL | 24,991 | $100,830 | 5.1%/yr | 3.6% | 0.509 |
| Westchase, FL | 24,886 | $124,300 | 3.6%/yr | 3.6% | 0.523 |
| Carrollwood, FL | 37,566 | $84,172 | 3.9%/yr | 4.4% | 0.526 |
| Town 'n' Country, FL | 84,768 | $72,958 | 4.6%/yr | 4.8% | 0.536 |
| Keystone, FL | 26,445 | $158,718 | 4.9%/yr | 3.2% | 0.541 |
Conclusion
Considering all these factors, Citrus Park, 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 Citrus Park, Florida.
How Rich Is Citrus Park, Florida?
Citrus Park 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 $87,436, about 17% higher than the Florida average of $74,580.
How fast is household income rising in Citrus Park, Florida?
Between 2009 and 2024, the median household income in Citrus Park, Florida rose 45%, from $60,240 to $87,436. Over the same years, income here lagged behind Florida as a whole: +45% against +57%.
What was the median household income in Citrus Park in 2023?
In 2023, the median household income in Citrus Park, Florida was $81,103, up 5% from $76,898 in 2022. The Florida median that year was $71,864.
What was the median household income in Citrus Park in 2020?
In 2020, the median household income in Citrus Park, Florida was $62,659. By 2024 it had risen 40% to $87,436.
What is the Gini coefficient in Citrus Park, Florida?
The Gini coefficient in Citrus Park is 0.545. 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 Park, Florida?
Since 2009, the income gap between men and women in Citrus Park, Florida has widened from about 17% to -20% in 2024. Over that period the gap was widest at 20% in 2016, and in 2023 women out-earned men by 21%. In dollar terms, the gap has narrowed by $18,627 since 2009.
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