Egypt Lake-Leto, Florida Income Statistics
Egypt Lake-Leto 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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D
Egypt Lake-Leto Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Egypt Lake-Leto | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $54,729 | $74,580 | $80,455 |
| Median Personal Income | $38,241 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.9% | 5.4% | 4.8% |
| Six-Figure Earners | 3.8% | 11.6% | 13.9% |
| $200k+ Households | 4.0% | 11.0% | 13.2% |
The median household income in Egypt Lake-Leto is about 27% lower than in Florida. Income has been growing slower in Egypt Lake-Leto (4.9%/yr) than in Florida (5.4%/yr).
About 4% of adults in Egypt Lake-Leto 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
Median household income in Egypt Lake-Leto, Florida grew by 46.0% from 2009 to 2024, reaching $54,729 in 2024. That's an average of about 4.9% per year.
Egypt Lake-Leto has been far below the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2011, its income was 26% lower. The gap has widened from 27% in 2009 to 32% in 2024.
Income Distribution in Egypt Lake-Leto
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 2,718 households (20.1% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 30.5% of households in Egypt Lake-Leto had an income under $35,000 and 7.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Egypt Lake-Leto has a larger share of households earning $35,000 to $49,999 (16.5% vs 10.1%) and a smaller share earning $200,000 or more (4.0% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 791 | 5.8% | 5.1% |
| $10,000 to $14,999 | 674 | 5.0% | 3.5% |
| $15,000 to $24,999 | 1,237 | 9.1% | 6.4% |
| $25,000 to $34,999 | 1,430 | 10.6% | 6.7% |
| $35,000 to $49,999 | 2,239 | 16.5% | 10.1% |
| $50,000 to $74,999 | 2,627 | 19.4% | 15.5% |
| $75,000 to $99,999 | 1,816 | 13.4% | 12.6% |
| $100,000 to $149,999 | 1,672 | 12.4% | 17.4% |
| $150,000 to $199,999 | 506 | 3.7% | 9.5% |
| $200,000 or more | 540 | 4.0% | 13.2% |
Shares are of all 13,532 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 1,150 residents (3.8% 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 4.3% of residents who have any income.
In 2024, 13.1% of Egypt Lake-Leto residents aged 15 and over reported no personal income, 38.5% had some income but less than $25,000, and 9.1% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Egypt Lake-Leto has a larger share of residents earning $10,000 to $14,999 (12.3% vs 7.0%) and a smaller share earning $100,000 or more (3.8% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,984 | 13.1% | 12.8% |
| $1 to $9,999 | 4,016 | 13.2% | 11.2% |
| $10,000 to $14,999 | 3,763 | 12.3% | 7.0% |
| $15,000 to $24,999 | 3,964 | 13.0% | 10.5% |
| $25,000 to $34,999 | 4,091 | 13.4% | 9.5% |
| $35,000 to $49,999 | 4,660 | 15.3% | 12.6% |
| $50,000 to $74,999 | 3,253 | 10.7% | 14.3% |
| $75,000 to $99,999 | 1,641 | 5.4% | 8.2% |
| $100,000 or more | 1,150 | 3.8% | 13.9% |
Shares are of the 30,524 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 13.1% 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 Egypt Lake-Leto
| Metric | Egypt Lake-Leto | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.551 | 0.552 |
| Male Median Income | $44,456 | $60,595 | $69,667 |
| Female Median Income | $38,125 | $50,762 | $56,850 |
| Gender Pay Gap | 14.2% | 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 Egypt Lake-Leto, it is 0.532, 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 17% more than women's income in Egypt Lake-Leto, Florida. Over a 35-year career, a 17% wage gap accumulates to roughly $221,585 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Egypt Lake-Leto, Florida has widened from about 13% to 14% in 2024. Over that period the gap was widest at 20% in 2016, and was narrowest at 6% in 2013. In dollar terms, the gap has widened by $2,026 since 2009.
Against the trend: the pay gap in Egypt Lake-Leto widened by 1.3 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Egypt Lake-Leto | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.9% | 4.8% | 5.2% |
| Working from Home | 11.4% | 15.7% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 1,390 people are unemployed in Egypt Lake-Leto, Florida.
The average commute time in Egypt Lake-Leto is 22 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Egypt Lake-Leto, Florida has fallen from 11.1% to 6.9% in 2024. Over that period the rate peaked at 12.1% in 2012 and fell as low as 5.3% in 2018.
Egypt Lake-Leto has been above the U.S. unemployment rate in most years since 2011, but dipped below it in 2017-2018 (as much as 0.8 points lower). In 2024 its rate was 1.7 points higher.
Egypt Lake-Leto, FL Wealth Compared With Nearby Cities
Egypt Lake-Leto, FL is typical in size for this group, 35,150 residents against a local median of 37,566, so the measures below are close to a like for like comparison. Egypt Lake-Leto, FL's unemployment, at 6.9%, runs 44% above the 4.8% typical of the cities around it. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $54,729 against a local median of $76,402, 28% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Egypt Lake-Leto, FL reads weaker than its neighbours on all of them. The cities themselves sit within 1.7% of each other on unemployment, a tighter band than the gap between any of them and Egypt Lake-Leto, FL, which makes it a genuine outlier here rather than one end of a wide local spread. Egypt Lake-Leto, FL has the 6th lowest unemployment of the 6 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. |
|---|---|---|---|---|---|
| Egypt Lake-Leto, FL | 35,150 | $54,729 #6/6 | 4.9%/yr #3/6 | 6.9% #6/6 | 0.532 #3/6 |
| Carrollwood, FL | 37,566 | $84,172 | 3.9%/yr | 4.4% | 0.526 |
| Tampa, FL | 395,388 | $74,904 | 6.5%/yr | 4.8% | 0.564 |
| Town 'n' Country, FL | 84,768 | $72,958 | 4.6%/yr | 4.8% | 0.536 |
| Lake Magdalene, FL | 31,109 | $76,402 | 4.6%/yr | 3.3% | 0.524 |
| Citrus Park, FL | 27,910 | $87,436 | 4.9%/yr | 5.0% | 0.545 |
Conclusion
Considering all these factors, Egypt Lake-Leto, 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 Egypt Lake-Leto, Florida.
How Wealthy Is Egypt Lake-Leto, Florida?
Egypt Lake-Leto 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 $54,729, about 27% lower than the Florida average of $74,580.
Are incomes growing in Egypt Lake-Leto, Florida?
Between 2009 and 2024, the median household income in Egypt Lake-Leto, Florida rose 46%, from $37,485 to $54,729. Over the same years, income here lagged behind Florida as a whole: +46% against +57%.
What was the median household income in Egypt Lake-Leto in 2023?
In 2023, the median household income in Egypt Lake-Leto, Florida was $54,392, up 5% from $51,683 in 2022. The Florida median that year was $71,864.
What was the median household income in Egypt Lake-Leto in 2020?
In 2020, the median household income in Egypt Lake-Leto, Florida was $46,250. By 2024 it had risen 18% to $54,729.
Is unemployment high in Egypt Lake-Leto, Florida?
Unemployment in Egypt Lake-Leto, Florida is 6.9%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Egypt Lake-Leto, Florida?
The Gini coefficient in Egypt Lake-Leto is 0.532. 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 Egypt Lake-Leto, Florida?
Since 2009, the income gap between men and women in Egypt Lake-Leto, Florida has widened from about 13% to 14% in 2024. Over that period the gap was widest at 20% in 2016, and was narrowest at 6% in 2013. In dollar terms, the gap has widened by $2,026 since 2009.
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