Delray Beach, Florida Income Statistics
Delray 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.
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B
Delray Beach Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Delray Beach | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,808 | $74,580 | $80,455 |
| Median Personal Income | $53,986 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.6% | 5.4% | 4.8% |
| Six-Figure Earners | 15.1% | 11.6% | 13.9% |
| $200k+ Households | 14.6% | 11.0% | 13.2% |
The median household income in Delray Beach is about 8% higher than in Florida. Income has been growing faster in Delray Beach (5.6%/yr) than in Florida (5.4%/yr).
About 15% of adults in Delray Beach 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 Delray Beach, Florida grew by 69.9% from 2009 to 2024, reaching $80,808 in 2024. That's an average of about 5.6% per year.
Income Inequality and the Gender Pay Gap in Delray Beach
| Metric | Delray Beach | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.551 | 0.552 |
| Male Median Income | $62,906 | $60,595 | $69,667 |
| Female Median Income | $53,242 | $50,762 | $56,850 |
| Gender Pay Gap | 15.4% | 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 Delray Beach, it is 0.534, 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 18% more than women's income in Delray Beach, Florida. Over a 35-year career, a 18% wage gap accumulates to roughly $338,240 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Delray Beach, Florida has widened from about 9% to 15% in 2024. Over that period the gap was widest at 21% in 2023. In dollar terms, the gap has widened by $5,923 since 2009.
Sharply against the trend: the pay gap in Delray Beach widened by 6.4 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Delray Beach | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 4.8% | 5.2% |
| Working from Home | 17.8% | 15.7% | 15.0% |
| Commute time (minutes) | 20 | 23 | 22 |
Approximately 1,937 people are unemployed in Delray Beach, Florida.
The average commute time in Delray Beach is 20 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Delray Beach, Florida has fallen from 11.8% to 5.5% in 2024. Over that period the rate peaked at 13.5% in 2013.
Delray Beach, FL Wealth Compared With Nearby Cities
How Delray Beach, FL compares with the 1 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. |
|---|---|---|---|---|---|
| Delray Beach, FL | 65,408 | $80,808 #1/2 | 5.6%/yr #1/2 | 5.5% #1/2 | 0.534 #1/2 |
| Boynton Beach, FL | 78,619 | $70,960 | 5.2%/yr | 6.4% | 0.537 |
Conclusion
Considering all these factors, Delray Beach, 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 Delray Beach, Florida.
How Rich Is Delray Beach, Florida?
Delray Beach 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 $80,808, about 8% higher than the Florida average of $74,580.
How fast is household income rising in Delray Beach, Florida?
Between 2009 and 2024, the median household income in Delray Beach, Florida rose 70%, from $47,575 to $80,808. Over the same years, income here outpaced Florida as a whole: +70% against +57%.
What was the median household income in Delray Beach in 2023?
In 2023, the median household income in Delray Beach, Florida was $78,844, up 5% from $74,908 in 2022. The Florida median that year was $71,864.
What was the median household income in Delray Beach in 2020?
In 2020, the median household income in Delray Beach, Florida was $63,138. By 2024 it had risen 28% to $80,808.
Do many residents of Delray Beach, Florida earn over $100,000?
Yes. 15% of adults in Delray Beach, Florida earn $100,000 or more a year (about 1 in 7), against 12% (about 1 in 9) in Florida. 15% of households have a combined income of $200,000 or more, compared with 11% in Florida.
What is the Gini coefficient in Delray Beach, Florida?
The Gini coefficient in Delray Beach is 0.534. 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 Delray Beach, Florida?
Since 2009, the income gap between men and women in Delray Beach, Florida has widened from about 9% to 15% in 2024. Over that period the gap was widest at 21% in 2023. In dollar terms, the gap has widened by $5,923 since 2009.
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