Gadsden County, Florida Income Statistics
Gadsden County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Gadsden County Well below averageLess wealthy than 74% of counties in Florida
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gadsden County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $48,630 | $74,580 | $80,455 |
| Median Personal Income | $44,431 | $52,322 | $60,758 |
| Average Yearly Income Growth | 3.0% | 5.4% | 4.8% |
| Six-Figure Earners | 4.3% | 11.6% | 13.9% |
| $200k+ Households | 3.1% | 11.0% | 13.2% |
The median household income in Gadsden County is about 35% lower than in Florida. Income has been growing slower in Gadsden County (3.0%/yr) than in Florida (5.4%/yr).
About 4% of adults in Gadsden County 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 Gadsden County, Florida grew by 37.1% from 2009 to 2024, reaching $48,630 in 2024. That's an average of about 3.0% per year.
Income Inequality and the Gender Pay Gap in Gadsden County
| Metric | Gadsden County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.596 | 0.551 | 0.552 |
| Male Median Income | $50,777 | $60,595 | $69,667 |
| Female Median Income | $45,078 | $50,762 | $56,850 |
| Gender Pay Gap | 11.2% | 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 Gadsden County, it is 0.596, 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 13% more than women's income in Gadsden County, Florida. Over a 35-year career, a 13% wage gap accumulates to roughly $199,465 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gadsden County, Florida has narrowed from about 14% to 11% in 2024. Over that period the gap was widest at 17% in 2021, and was narrowest at 10% in 2017. In dollar terms, the gap has widened by $950 since 2009.
Employment
| Metric | Gadsden County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 4.8% | 5.2% |
| Working from Home | 9.0% | 15.7% | 15.0% |
| Commute time (minutes) | 31 | 23 | 22 |
Approximately 842 people are unemployed in Gadsden County, Florida.
The average commute time in Gadsden County is 31 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gadsden County, Florida has fallen from 13.2% to 5.0% in 2024. Over that period the rate peaked at 14.1% in 2013 and fell as low as 4.0% in 2021.
Gadsden County, FL Wealth Compared With Nearby Counties
Gadsden County, FL is the 2nd largest of the 6 counties compared here, 43,710 residents against a local median of 26,108. Where Gadsden County, FL breaks from the counties next to it is income growth, sitting 45% below the local median of 5.5%/yr at 3.0%/yr. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $48,630 against a local median of $58,017, 16% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Gadsden County, FL is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.5%/yr on income growth, so Gadsden County, FL sits at one end of an already wide local range rather than apart from it. Gadsden County, FL has the 6th highest income growth 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. |
|---|---|---|---|---|---|
| Gadsden County, FL | 43,710 | $48,630 #6/6 | 3.0%/yr #6/6 | 5.0% #2/6 | 0.596 #5/6 |
| Decatur County, GA | 29,195 | $52,778 | 6.0%/yr | 6.3% | 0.580 |
| Leon County, FL | 297,542 | $66,521 | 4.1%/yr | 5.7% | 0.566 |
| Liberty County, FL | 7,687 | $58,017 | 5.5%/yr | 6.6% | 0.631 |
| Seminole County, GA | 9,156 | $49,190 | 4.4%/yr | 6.0% | 0.579 |
| Grady County, GA | 26,108 | $59,303 | 6.7%/yr | 3.7% | 0.555 |
Conclusion
Considering all these factors, Gadsden County, 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 Gadsden County, Florida.
How Rich Is Gadsden County, Florida?
Gadsden County 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 $48,630, about 35% lower than the Florida average of $74,580.
How has median household income changed in Gadsden County, Florida?
Between 2009 and 2024, the median household income in Gadsden County, Florida rose 37%, from $35,461 to $48,630. Over the same years, income here lagged behind Florida as a whole: +37% against +57%.
What was the median household income in Gadsden County in 2023?
In 2023, the median household income in Gadsden County, Florida was $45,989, about the same as in 2022. The Florida median that year was $71,864.
What was the median household income in Gadsden County in 2020?
In 2020, the median household income in Gadsden County, Florida was $41,055. By 2024 it had risen 18% to $48,630.
What is the Gini coefficient in Gadsden County, Florida?
The Gini coefficient in Gadsden County is 0.596. 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 Gadsden County, Florida?
Since 2009, the income gap between men and women in Gadsden County, Florida has narrowed from about 14% to 11% in 2024. Over that period the gap was widest at 17% in 2021, and was narrowest at 10% in 2017. In dollar terms, the gap has widened by $950 since 2009.
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