Gainesville, Florida Income Statistics
Gainesville 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
Gainesville Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gainesville | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $45,202 | $74,580 | $80,455 |
| Median Personal Income | $45,096 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.4% | 5.4% | 4.8% |
| Six-Figure Earners | 6.2% | 11.6% | 13.9% |
| $200k+ Households | 5.3% | 11.0% | 13.2% |
The median household income in Gainesville is about 39% lower than in Florida. Income has been growing slower in Gainesville (4.4%/yr) than in Florida (5.4%/yr).
About 6% of adults in Gainesville 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 Gainesville, Florida grew by 62.0% from 2009 to 2024, reaching $45,202 in 2024. That's an average of about 4.4% per year.
Gainesville has been far below the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2018, its income was 40% lower. The gap has held fairly steady over the period.
Income Distribution in Gainesville
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 11,597 households (20.0% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 40.8% of households in Gainesville had an income under $35,000 and 10.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Gainesville has a larger share of households earning under $10,000 (13.2% vs 5.1%) and a smaller share earning $200,000 or more (5.3% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 7,670 | 13.2% | 5.1% |
| $10,000 to $14,999 | 3,727 | 6.4% | 3.5% |
| $15,000 to $24,999 | 5,891 | 10.1% | 6.4% |
| $25,000 to $34,999 | 6,414 | 11.0% | 6.7% |
| $35,000 to $49,999 | 8,146 | 14.0% | 10.1% |
| $50,000 to $74,999 | 8,573 | 14.7% | 15.5% |
| $75,000 to $99,999 | 6,108 | 10.5% | 12.6% |
| $100,000 to $149,999 | 5,693 | 9.8% | 17.4% |
| $150,000 to $199,999 | 2,823 | 4.9% | 9.5% |
| $200,000 or more | 3,082 | 5.3% | 13.2% |
Shares are of all 58,126 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 7,824 residents (6.2% 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 7.6% of residents who have any income.
In 2024, 18.6% of Gainesville residents aged 15 and over reported no personal income, 40.4% had some income but less than $25,000, and 10.7% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Gainesville has a larger share of residents earning $1 to $9,999 (20.3% vs 11.2%) and a smaller share earning $100,000 or more (6.2% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 23,323 | 18.6% | 12.8% |
| $1 to $9,999 | 25,474 | 20.3% | 11.2% |
| $10,000 to $14,999 | 11,285 | 9.0% | 7.0% |
| $15,000 to $24,999 | 14,091 | 11.2% | 10.5% |
| $25,000 to $34,999 | 12,548 | 10.0% | 9.5% |
| $35,000 to $49,999 | 14,165 | 11.3% | 12.6% |
| $50,000 to $74,999 | 11,346 | 9.0% | 14.3% |
| $75,000 to $99,999 | 5,663 | 4.5% | 8.2% |
| $100,000 or more | 7,824 | 6.2% | 13.9% |
Shares are of the 125,718 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 18.6% 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 Gainesville
| Metric | Gainesville | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.627 | 0.551 | 0.552 |
| Male Median Income | $50,551 | $60,595 | $69,667 |
| Female Median Income | $45,334 | $50,762 | $56,850 |
| Gender Pay Gap | 10.3% | 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 Gainesville, it is 0.627, 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 12% more than women's income in Gainesville, Florida. Over a 35-year career, a 12% wage gap accumulates to roughly $182,595 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gainesville, Florida has narrowed from about 13% to 10% in 2024. Over that period the gap was widest at 17% in 2016, and was narrowest at 2% in 2011. In dollar terms, the gap has widened by $590 since 2009.
Employment
| Metric | Gainesville | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 4.8% | 5.2% |
| Working from Home | 14.6% | 15.7% | 15.0% |
| Commute time (minutes) | 17 | 23 | 22 |
Approximately 3,971 people are unemployed in Gainesville, Florida.
The average commute time in Gainesville is 17 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gainesville, Florida has fallen from 8.4% to 5.5% in 2024. Over that period the rate peaked at 9.6% in 2014 and fell as low as 4.7% in 2023.
Gainesville has crossed the U.S. unemployment rate 3 times since 2011, most recently moving above it in 2024, at 0.2 points higher.
Conclusion
Considering all these factors, Gainesville, 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 Gainesville, Florida.
How Rich Is Gainesville, Florida?
Gainesville 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 $45,202, about 39% lower than the Florida average of $74,580.
How has median household income changed in Gainesville, Florida?
Between 2009 and 2024, the median household income in Gainesville, Florida rose 62%, from $27,911 to $45,202. Over the same years, income here outpaced Florida as a whole: +62% against +57%.
What was the median household income in Gainesville in 2023?
In 2023, the median household income in Gainesville, Florida was $45,059, up 4% from $43,442 in 2022. The Florida median that year was $71,864.
What was the median household income in Gainesville in 2020?
In 2020, the median household income in Gainesville, Florida was $37,857. By 2024 it had risen 19% to $45,202.
What is the Gini coefficient in Gainesville, Florida?
The Gini coefficient in Gainesville is 0.627. 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 Gainesville, Florida?
Since 2009, the income gap between men and women in Gainesville, Florida has narrowed from about 13% to 10% in 2024. Over that period the gap was widest at 17% in 2016, and was narrowest at 2% in 2011. In dollar terms, the gap has widened by $590 since 2009.
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