Davie, Florida Income Statistics
Davie 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.
-
B
Davie Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Davie | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,749 | $74,580 | $80,455 |
| Median Personal Income | $57,625 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.0% | 5.4% | 4.8% |
| Six-Figure Earners | 14.0% | 11.6% | 13.9% |
| $200k+ Households | 14.4% | 11.0% | 13.2% |
The median household income in Davie is about 15% higher than in Florida. Income has been growing slower in Davie (4.0%/yr) than in Florida (5.4%/yr).
About 14% of adults in Davie earn six figures ($100,000 or more) a year, higher than the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Davie, Florida grew by 45.3% from 2009 to 2024, reaching $85,749 in 2024. That's an average of about 4.0% per year.
Income Inequality and the Gender Pay Gap in Davie
| Metric | Davie | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.563 | 0.551 | 0.552 |
| Male Median Income | $69,655 | $60,595 | $69,667 |
| Female Median Income | $55,630 | $50,762 | $56,850 |
| Gender Pay Gap | 20.1% | 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 Davie, it is 0.563, higher than Florida's 0.551, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 25% more than women's income in Davie, Florida. Over a 35-year career, a 25% wage gap accumulates to roughly $490,875 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Davie, Florida has narrowed from about 23% to 20% in 2024. Over that period the gap was widest at 26% in 2021, and was narrowest at 16% in 2019. In dollar terms, the gap has widened by $2,121 since 2009.
Employment
| Metric | Davie | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.8% | 4.8% | 5.2% |
| Working from Home | 15.9% | 15.7% | 15.0% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 3,319 people are unemployed in Davie, Florida.
The average commute time in Davie is 23 minutes, about the same as in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Davie, Florida has fallen from 7.7% to 5.8% in 2024. Over that period the rate peaked at 9.4% in 2013 and fell as low as 4.1% in 2019.
Davie, FL Wealth Compared With Nearby Cities
Davie, FL is typical in size for this group, 105,718 residents against a local median of 97,641, so the measures below are close to a like for like comparison. The measure that sets Davie, FL apart most is unemployment: 5.8%, 40% above the local median of 4.1%. That is the weaker end of the local range on this measure.
The cities themselves spread 1.1% on unemployment, so Davie, FL sits at one end of an already wide local range rather than apart from it. Davie, FL has the 5th lowest unemployment of the 5 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. |
|---|---|---|---|---|---|
| Davie, FL | 105,718 | $85,749 #3/5 | 4.0%/yr #4/5 | 5.8% #5/5 | 0.563 #5/5 |
| Cooper City, FL | 32,858 | $121,614 | 5.1%/yr | 4.2% | 0.539 |
| Plantation, FL | 96,427 | $92,972 | 4.2%/yr | 4.0% | 0.542 |
| Sunrise, FL | 98,854 | $79,176 | 5.6%/yr | 4.9% | 0.529 |
| Pembroke Pines, FL | 166,487 | $82,599 | 3.6%/yr | 3.8% | 0.550 |
Conclusion
Considering all these factors, Davie, 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 Davie, Florida.
How Rich Is Davie, Florida?
Davie 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 $85,749, about 15% higher than the Florida average of $74,580.
How has median household income changed in Davie, Florida?
Between 2009 and 2024, the median household income in Davie, Florida rose 45%, from $58,998 to $85,749. Over the same years, income here lagged behind Florida as a whole: +45% against +57%.
What was the median household income in Davie in 2023?
In 2023, the median household income in Davie, Florida was $85,947, up 4% from $82,649 in 2022. The Florida median that year was $71,864.
What was the median household income in Davie in 2020?
In 2020, the median household income in Davie, Florida was $74,056. By 2024 it had risen 16% to $85,749.
What is the Gini coefficient in Davie, Florida?
The Gini coefficient in Davie is 0.563. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Davie, Florida?
Since 2009, the income gap between men and women in Davie, Florida has narrowed from about 23% to 20% in 2024. Over that period the gap was widest at 26% in 2021, and was narrowest at 16% in 2019. In dollar terms, the gap has widened by $2,121 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 →