East Lake, Florida Income Statistics
East Lake 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
East Lake Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | East Lake | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $98,862 | $74,580 | $80,455 |
| Median Personal Income | $73,465 | $52,322 | $60,758 |
| Average Yearly Income Growth | 2.8% | 5.4% | 4.8% |
| Six-Figure Earners | 19.6% | 11.6% | 13.9% |
| $200k+ Households | 19.6% | 11.0% | 13.2% |
The median household income in East Lake is about 33% higher than in Florida. Income has been growing slower in East Lake (2.8%/yr) than in Florida (5.4%/yr).
About 20% of adults in East Lake 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 East Lake, Florida grew by 31.1% from 2009 to 2024, reaching $98,862 in 2024. That's an average of about 2.8% per year.
East Lake has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2023, at 21% higher. The gap has narrowed from 48% in 2009 to 23% in 2024.
Income Distribution in East Lake
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 6,418 households (49.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 15.0% of households in East Lake had an income under $35,000 and 31.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., East Lake has a larger share of households earning $200,000 or more (19.6% vs 13.2%) and a smaller share earning $10,000 to $14,999 (1.0% vs 3.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 444 | 3.4% | 5.1% |
| $10,000 to $14,999 | 130 | 1.0% | 3.5% |
| $15,000 to $24,999 | 775 | 6.0% | 6.4% |
| $25,000 to $34,999 | 600 | 4.6% | 6.7% |
| $35,000 to $49,999 | 1,276 | 9.8% | 10.1% |
| $50,000 to $74,999 | 1,842 | 14.2% | 15.5% |
| $75,000 to $99,999 | 1,485 | 11.5% | 12.6% |
| $100,000 to $149,999 | 2,401 | 18.5% | 17.4% |
| $150,000 to $199,999 | 1,481 | 11.4% | 9.5% |
| $200,000 or more | 2,536 | 19.6% | 13.2% |
Shares are of all 12,971 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 5,362 residents (19.6% 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 22.2% of residents who have any income.
In 2024, 11.9% of East Lake residents aged 15 and over reported no personal income, 26.2% had some income but less than $25,000, and 28.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., East Lake has a larger share of residents earning $100,000 or more (19.6% vs 13.9%) and a smaller share earning $35,000 to $49,999 (10.2% vs 12.6%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,273 | 11.9% | 12.8% |
| $1 to $9,999 | 2,588 | 9.4% | 11.2% |
| $10,000 to $14,999 | 1,694 | 6.2% | 7.0% |
| $15,000 to $24,999 | 2,895 | 10.6% | 10.5% |
| $25,000 to $34,999 | 2,447 | 8.9% | 9.5% |
| $35,000 to $49,999 | 2,802 | 10.2% | 12.6% |
| $50,000 to $74,999 | 4,045 | 14.8% | 14.3% |
| $75,000 to $99,999 | 2,301 | 8.4% | 8.2% |
| $100,000 or more | 5,362 | 19.6% | 13.9% |
Shares are of the 27,406 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 11.9% 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 East Lake
| Metric | East Lake | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.541 | 0.551 | 0.552 |
| Male Median Income | $94,928 | $60,595 | $69,667 |
| Female Median Income | $64,361 | $50,762 | $56,850 |
| Gender Pay Gap | 32.2% | 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 East Lake, it is 0.541, 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 47% more than women's income in East Lake, Florida. Over a 35-year career, a 47% wage gap accumulates to roughly $1,069,845 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in East Lake, Florida has narrowed from about 37% to 32% in 2024. Over that period the gap was widest at 41% in 2013. In dollar terms, the gap has widened by $953 since 2009.
Employment
| Metric | East Lake | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 4.8% | 5.2% |
| Working from Home | 25.2% | 15.7% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 742 people are unemployed in East Lake, Florida.
The average commute time in East Lake is 25 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in East Lake, Florida has fallen from 7.7% to 5.0% in 2024. Over that period the rate peaked at 8.9% in 2012.
East Lake has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2019-2023 (as much as 1.4 points higher). In 2024 its rate was 0.3 points lower.
East Lake, FL Wealth Compared With Nearby Cities
East Lake, FL is the 2nd largest of the 4 cities compared here, 31,654 residents against a local median of 26,445. East Lake, FL's unemployment, at 5.0%, runs 47% above the 3.4% typical of the cities around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 2.8%/yr against a local median of 4.8%/yr, 41% below it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while unemployment runs behind it, so East Lake, FL is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 1.6% on unemployment, so East Lake, FL sits at one end of an already wide local range rather than apart from it. East Lake, FL has the 4th lowest unemployment of the 4 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. |
|---|---|---|---|---|---|
| East Lake, FL | 31,654 | $98,862 #2/4 | 2.8%/yr #4/4 | 5.0% #4/4 | 0.541 #3/4 |
| Palm Harbor, FL | 57,735 | $79,658 | 4.8%/yr | 3.4% | 0.529 |
| Holiday, FL | 22,615 | $47,111 | 4.6%/yr | 4.8% | 0.505 |
| Keystone, FL | 26,445 | $158,718 | 4.9%/yr | 3.2% | 0.541 |
Conclusion
Considering all these factors, East Lake, 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 East Lake, Florida.
How Wealthy Is East Lake, Florida?
East Lake 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 $98,862, about 33% higher than the Florida average of $74,580.
Are incomes growing in East Lake, Florida?
Between 2009 and 2024, the median household income in East Lake, Florida rose 31%, from $75,439 to $98,862. Over the same years, income here lagged behind Florida as a whole: +31% against +57%.
What was the median household income in East Lake in 2023?
In 2023, the median household income in East Lake, Florida was $94,573, about the same as in 2022. The Florida median that year was $71,864.
What was the median household income in East Lake in 2020?
In 2020, the median household income in East Lake, Florida was $80,457. By 2024 it had risen 23% to $98,862.
Is East Lake, Florida a high-income area?
Yes. 20% of adults in East Lake, Florida earn $100,000 or more a year (about 1 in 5), against 12% (about 1 in 9) in Florida. 20% of households have a combined income of $200,000 or more, compared with 11% in Florida.
What is the Gini coefficient in East Lake, Florida?
The Gini coefficient in East Lake is 0.541. 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 East Lake, Florida?
Since 2009, the income gap between men and women in East Lake, Florida has narrowed from about 37% to 32% in 2024. Over that period the gap was widest at 41% in 2013. In dollar terms, the gap has widened by $953 since 2009.
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