Clearwater, Florida Income Statistics
Clearwater 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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C
Clearwater Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Clearwater | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,539 | $74,580 | $80,455 |
| Median Personal Income | $51,371 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.4% | 5.4% | 4.8% |
| Six-Figure Earners | 11.8% | 11.6% | 13.9% |
| $200k+ Households | 10.3% | 11.0% | 13.2% |
The median household income in Clearwater is about 9% lower than in Florida. Income has been growing faster in Clearwater (5.4%/yr) than in Florida (5.4%/yr).
About 12% of adults in Clearwater 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 Clearwater, Florida grew by 63.0% from 2009 to 2024, reaching $67,539 in 2024. That's an average of about 5.4% per year.
Clearwater 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 narrowed from 19% in 2009 to 16% in 2024, the closest it has been.
Income Distribution in Clearwater
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 15,525 households (34.0% 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 Clearwater had an income under $35,000 and 18.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Clearwater has a larger share of households earning $25,000 to $34,999 (9.3% vs 6.7%) and a smaller share earning $200,000 or more (10.3% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 2,658 | 5.8% | 5.1% |
| $10,000 to $14,999 | 1,546 | 3.4% | 3.5% |
| $15,000 to $24,999 | 3,700 | 8.1% | 6.4% |
| $25,000 to $34,999 | 4,254 | 9.3% | 6.7% |
| $35,000 to $49,999 | 5,443 | 11.9% | 10.1% |
| $50,000 to $74,999 | 7,519 | 16.4% | 15.5% |
| $75,000 to $99,999 | 5,065 | 11.1% | 12.6% |
| $100,000 to $149,999 | 7,194 | 15.7% | 17.4% |
| $150,000 to $199,999 | 3,613 | 7.9% | 9.5% |
| $200,000 or more | 4,718 | 10.3% | 13.2% |
Shares are of all 45,709 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 10,895 residents (11.8% 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 13.3% of residents who have any income.
In 2024, 11.3% of Clearwater residents aged 15 and over reported no personal income, 30.6% had some income but less than $25,000, and 19.5% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Clearwater has a larger share of residents earning $25,000 to $34,999 (11.8% vs 9.5%) and a smaller share earning $100,000 or more (11.8% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 10,495 | 11.3% | 12.8% |
| $1 to $9,999 | 10,074 | 10.9% | 11.2% |
| $10,000 to $14,999 | 7,042 | 7.6% | 7.0% |
| $15,000 to $24,999 | 11,247 | 12.2% | 10.5% |
| $25,000 to $34,999 | 10,925 | 11.8% | 9.5% |
| $35,000 to $49,999 | 12,201 | 13.2% | 12.6% |
| $50,000 to $74,999 | 12,503 | 13.5% | 14.3% |
| $75,000 to $99,999 | 7,166 | 7.7% | 8.2% |
| $100,000 or more | 10,895 | 11.8% | 13.9% |
Shares are of the 92,547 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 11.3% 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 Clearwater
| Metric | Clearwater | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.542 | 0.551 | 0.552 |
| Male Median Income | $60,582 | $60,595 | $69,667 |
| Female Median Income | $50,558 | $50,762 | $56,850 |
| Gender Pay Gap | 16.5% | 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 Clearwater, it is 0.542, 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 20% more than women's income in Clearwater, Florida. Over a 35-year career, a 20% wage gap accumulates to roughly $350,840 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Clearwater, Florida has widened from about 7% to 17% in 2024. Over that period the gap was widest at 18% in 2023. In dollar terms, the gap has widened by $7,685 since 2009.
Sharply against the trend: the pay gap in Clearwater widened by 9.9 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Clearwater | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.1% | 4.8% | 5.2% |
| Working from Home | 20.3% | 15.7% | 15.0% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 2,163 people are unemployed in Clearwater, Florida.
The average commute time in Clearwater is 21 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Clearwater, Florida has fallen from 8.3% to 4.1% in 2024. Over that period the rate peaked at 9.7% in 2013.
Clearwater has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2017-2021 (as much as 1.3 points higher). In 2024 its rate was 1.1 points lower.
Clearwater, FL Wealth Compared With Nearby Cities
How Clearwater, FL compares with the 2 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. |
|---|---|---|---|---|---|
| Clearwater, FL | 107,767 | $67,539 #2/3 | 5.4%/yr #3/3 | 4.1% #1/3 | 0.542 #3/3 |
| Dunedin, FL | 36,661 | $74,115 | 6.6%/yr | 4.7% | 0.509 |
| Largo, FL | 84,816 | $61,971 | 5.6%/yr | 4.9% | 0.508 |
Conclusion
Considering all these factors, Clearwater, 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 Clearwater, Florida.
How Rich Is Clearwater, Florida?
Clearwater 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 $67,539, about 9% lower than the Florida average of $74,580.
Are incomes growing in Clearwater, Florida?
Between 2009 and 2024, the median household income in Clearwater, Florida rose 63%, from $41,423 to $67,539. Over the same years, income here outpaced Florida as a whole: +63% against +57%.
What was the median household income in Clearwater in 2023?
In 2023, the median household income in Clearwater, Florida was $65,577, up 12% from $58,546 in 2022. The Florida median that year was $71,864.
What was the median household income in Clearwater in 2020?
In 2020, the median household income in Clearwater, Florida was $50,608. By 2024 it had risen 33% to $67,539.
What is the Gini coefficient in Clearwater, Florida?
The Gini coefficient in Clearwater is 0.542. 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 Clearwater, Florida?
Since 2009, the income gap between men and women in Clearwater, Florida has widened from about 7% to 17% in 2024. Over that period the gap was widest at 18% in 2023. In dollar terms, the gap has widened by $7,685 since 2009.
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