Ferry Pass, Florida Income Statistics

Ferry Pass 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
    Ferry Pass Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Ferry Pass Florida Avg US Average
Median Household Income $66,266 $74,580 $80,455
Median Personal Income $50,829 $52,322 $60,758
Average Yearly Income Growth 5.4% 5.4% 4.8%
Six-Figure Earners 9.6% 11.6% 13.9%
$200k+ Households 6.3% 11.0% 13.2%

The median household income in Ferry Pass is about 11% lower than in Florida. Income has been growing faster in Ferry Pass (5.4%/yr) than in Florida (5.4%/yr).

About 10% of adults in Ferry Pass 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

Ferry Pass
United States

Median household income in Ferry Pass, Florida grew by 48.7% from 2009 to 2024, reaching $66,266 in 2024. That's an average of about 5.4% per year.

Ferry Pass has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2022, at 12% lower. The gap has widened from 13% in 2009 to 18% in 2024.

Year Ferry Pass United States

Income Distribution in Ferry Pass

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

Households by income, 2024

Ferry Pass
United States

Income range calculator

About 4,288 households (32.1% of all households) have an income of $100,000 or more.

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

In 2024, 24.4% of households in Ferry Pass had an income under $35,000 and 14.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Ferry Pass has a larger share of households earning $35,000 to $49,999 (13.9% vs 10.1%) and a smaller share earning $200,000 or more (6.3% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 810 6.1% 5.1%
$10,000 to $14,999 355 2.7% 3.5%
$15,000 to $24,999 934 7.0% 6.4%
$25,000 to $34,999 1,157 8.7% 6.7%
$35,000 to $49,999 1,859 13.9% 10.1%
$50,000 to $74,999 2,348 17.6% 15.5%
$75,000 to $99,999 1,615 12.1% 12.6%
$100,000 to $149,999 2,420 18.1% 17.4%
$150,000 to $199,999 1,028 7.7% 9.5%
$200,000 or more 841 6.3% 13.2%

Shares are of all 13,366 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 Ferry Pass

Metric Ferry Pass Florida Avg US Average
Gini Coefficient 0.525 0.551 0.552
Male Median Income $62,221 $60,595 $69,667
Female Median Income $46,434 $50,762 $56,850
Gender Pay Gap 25.4% 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 Ferry Pass, it is 0.525, 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 34% more than women's income in Ferry Pass, Florida. Over a 35-year career, a 34% wage gap accumulates to roughly $552,545 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Ferry Pass, Florida has widened from about 21% to 25% in 2024. Over that period the gap was widest at 28% in 2013, and was narrowest at 13% in 2017. In dollar terms, the gap has widened by $7,032 since 2009.

Sharply against the trend: the pay gap in Ferry Pass widened by 4.1 points while Florida's narrowed by 2.5 points.

Year Male Income Female Income Gap %

Employment

Metric Ferry Pass Florida Avg US Average
Unemployment Rate 5.6% 4.8% 5.2%
Working from Home 15.5% 15.7% 15.0%
Commute time (minutes) 18 23 22

Approximately 918 people are unemployed in Ferry Pass, Florida.

The average commute time in Ferry Pass is 18 minutes, shorter than the 23 minutes in Florida.

Unemployment Rate Over Time

Ferry Pass
United States

Since 2011, the unemployment rate in Ferry Pass, Florida has fallen from 8.4% to 5.6% in 2024. Over that period the rate peaked at 8.7% in 2014 and fell as low as 5.2% in 2023.

Ferry Pass started 0.3 points below the U.S. unemployment rate in 2011 but had risen above it by 2017, and has not been below it since. In 2024 its rate was 0.4 points higher.

Year Ferry Pass United States

Ferry Pass, FL Wealth Compared With Nearby Cities

Ferry Pass, FL is the 2nd largest of the 4 cities compared here, 32,041 residents against a local median of 21,878. The measure that sets Ferry Pass, FL apart most is income growth: 5.4%/yr, 41% above the local median of 3.9%/yr. That is the better end of the local range on this measure.

The cities themselves spread 2.7%/yr on income growth, so Ferry Pass, FL sits at one end of an already wide local range rather than apart from it. Ferry Pass, FL has the 2nd highest income growth 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.
Ferry Pass, FL 32,041 $66,266 #2/4 5.4%/yr #2/4 5.6% #1/4 0.525 #2/4
Brent, FL 21,878 $51,880 3.9%/yr 6.1% 0.567
Pensacola, FL 53,225 $71,863 6.3%/yr 6.1% 0.536
Ensley, FL 21,380 $59,942 3.6%/yr 7.1% 0.499

Conclusion

Considering all these factors, Ferry Pass, Florida has an overall wealth index grade of D, making it about on par with Florida, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Ferry Pass, Florida.

How Rich Is Ferry Pass, Florida?

Ferry Pass 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 $66,266, about 11% lower than the Florida average of $74,580.

Are incomes growing in Ferry Pass, Florida?

Between 2009 and 2024, the median household income in Ferry Pass, Florida rose 49%, from $44,551 to $66,266. Over the same years, income here lagged behind Florida as a whole: +49% against +57%.

What was the median household income in Ferry Pass in 2023?

In 2023, the median household income in Ferry Pass, Florida was $67,837, up 3% from $65,702 in 2022. The Florida median that year was $71,864.

What was the median household income in Ferry Pass in 2020?

In 2020, the median household income in Ferry Pass, Florida was $53,876. By 2024 it had risen 23% to $66,266.

What is the Gini coefficient in Ferry Pass, Florida?

The Gini coefficient in Ferry Pass is 0.525. 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 Ferry Pass, Florida?

Since 2009, the income gap between men and women in Ferry Pass, Florida has widened from about 21% to 25% in 2024. Over that period the gap was widest at 28% in 2013, and was narrowest at 13% in 2017. In dollar terms, the gap has widened by $7,032 since 2009.

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