Daytona Beach, Florida Income Statistics

Daytona Beach 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.

  • D
    Daytona Beach Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Daytona Beach Florida Avg US Average
Median Household Income $52,644 $74,580 $80,455
Median Personal Income $43,021 $52,322 $60,758
Average Yearly Income Growth 7.3% 5.4% 4.8%
Six-Figure Earners 5.8% 11.6% 13.9%
$200k+ Households 4.2% 11.0% 13.2%

The median household income in Daytona Beach is about 29% lower than in Florida. Income has been growing faster in Daytona Beach (7.3%/yr) than in Florida (5.4%/yr).

About 6% of adults in Daytona Beach 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

Daytona Beach
United States

Median household income in Daytona Beach, Florida grew by 71.0% from 2009 to 2024, reaching $52,644 in 2024. That's an average of about 7.3% per year.

Daytona Beach has been far below the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 40% in 2009 to 35% in 2024, the closest it has been.

Year Daytona Beach United States

Income Distribution in Daytona Beach

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

Households by income, 2024

Daytona Beach
United States

Income range calculator

About 6,663 households (19.5% of all households) have an income of $100,000 or more.

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

In 2024, 33.6% of households in Daytona Beach had an income under $35,000 and 8.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Daytona Beach has a larger share of households earning $25,000 to $34,999 (11.1% vs 6.7%) and a smaller share earning $200,000 or more (4.2% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 2,844 8.3% 5.1%
$10,000 to $14,999 1,689 4.9% 3.5%
$15,000 to $24,999 3,170 9.3% 6.4%
$25,000 to $34,999 3,781 11.1% 6.7%
$35,000 to $49,999 4,865 14.2% 10.1%
$50,000 to $74,999 6,317 18.5% 15.5%
$75,000 to $99,999 4,884 14.3% 12.6%
$100,000 to $149,999 3,939 11.5% 17.4%
$150,000 to $199,999 1,281 3.7% 9.5%
$200,000 or more 1,443 4.2% 13.2%

Shares are of all 34,212 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 Daytona Beach

Metric Daytona Beach Florida Avg US Average
Gini Coefficient 0.562 0.551 0.552
Male Median Income $47,220 $60,595 $69,667
Female Median Income $44,423 $50,762 $56,850
Gender Pay Gap 5.9% 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 Daytona Beach, it is 0.562, 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 6% more than women's income in Daytona Beach, Florida. Over a 35-year career, a 6% wage gap accumulates to roughly $97,895 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

The income gap between men and women in Daytona Beach, Florida has stayed about the same since 2009, at around 6%. Over that period the gap was widest at 15% in 2012, and in 2019 women out-earned men by 1%. In dollar terms, the gap has widened by $716 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Daytona Beach Florida Avg US Average
Unemployment Rate 5.1% 4.8% 5.2%
Working from Home 10.8% 15.7% 15.0%
Commute time (minutes) 17 23 22

Approximately 1,758 people are unemployed in Daytona Beach, Florida.

The average commute time in Daytona Beach is 17 minutes, shorter than the 23 minutes in Florida.

Unemployment Rate Over Time

Daytona Beach
United States

Since 2011, the unemployment rate in Daytona Beach, Florida has fallen from 12.9% to 5.1% in 2024. Over that period the rate peaked at 13.4% in 2013 and fell as low as 5.0% in 2023.

Daytona Beach started 4.2 points above the U.S. unemployment rate in 2011 but had dropped below it by 2021, and has not been above it since. In 2024 its rate was 0.1 points lower.

Year Daytona Beach United States

Daytona Beach, FL Wealth Compared With Nearby Cities

How Daytona Beach, 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.
Daytona Beach, FL 78,722 $52,644 #3/3 7.3%/yr #1/3 5.1% #3/3 0.562 #3/3
Ormond Beach, FL 37,847 $69,704 4.9%/yr 3.5% 0.523
Port Orange, FL 51,713 $72,026 6.4%/yr 4.0% 0.514

Conclusion

Considering all these factors, Daytona Beach, 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 Daytona Beach, Florida.

How Rich Is Daytona Beach, Florida?

Daytona Beach 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 $52,644, about 29% lower than the Florida average of $74,580.

How has median household income changed in Daytona Beach, Florida?

Between 2009 and 2024, the median household income in Daytona Beach, Florida rose 71%, from $30,786 to $52,644. Over the same years, income here outpaced Florida as a whole: +71% against +57%.

What was the median household income in Daytona Beach in 2023?

In 2023, the median household income in Daytona Beach, Florida was $50,398, up 5% from $48,102 in 2022. The Florida median that year was $71,864.

What was the median household income in Daytona Beach in 2020?

In 2020, the median household income in Daytona Beach, Florida was $38,898. By 2024 it had risen 35% to $52,644.

What is the Gini coefficient in Daytona Beach, Florida?

The Gini coefficient in Daytona Beach is 0.562. 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 Daytona Beach, Florida?

The income gap between men and women in Daytona Beach, Florida has stayed about the same since 2009, at around 6%. Over that period the gap was widest at 15% in 2012, and in 2019 women out-earned men by 1%. In dollar terms, the gap has widened by $716 since 2009.

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