Gilchrist County, Florida Income Statistics

Gilchrist 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.

  • D
    Gilchrist County Well below average

Source: Map AI Methodology

Gilchrist County
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Wealth grade

Income Statistics Overview

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Metric Gilchrist County Florida Avg US Average
Median Household Income $65,044 $74,580 $80,455
Median Personal Income $47,277 $52,322 $60,758
Average Yearly Income Growth 5.9% 5.4% 4.8%
Six-Figure Earners 8.2% 11.6% 13.9%
$200k+ Households 6.6% 11.0% 13.2%

The median household income in Gilchrist County is about 13% lower than in Florida. Income has been growing faster in Gilchrist County (5.9%/yr) than in Florida (5.4%/yr).

About 8% of adults in Gilchrist 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

Gilchrist County
United States

Median household income in Gilchrist County, Florida grew by 57.2% from 2009 to 2024, reaching $65,044 in 2024. That's an average of about 5.9% per year.

Year Gilchrist County United States

Income Inequality and the Gender Pay Gap in Gilchrist County

Metric Gilchrist County Florida Avg US Average
Gini Coefficient 0.572 0.551 0.552
Male Median Income $60,693 $60,595 $69,667
Female Median Income $43,731 $50,762 $56,850
Gender Pay Gap 27.9% 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 Gilchrist County, it is 0.572, 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 39% more than women's income in Gilchrist County, Florida. Over a 35-year career, a 39% wage gap accumulates to roughly $593,670 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 Gilchrist County, Florida has widened from about 11% to 28% in 2024. Over that period the gap was narrowest at 3% in 2019. In dollar terms, the gap has widened by $13,172 since 2009.

Sharply against the trend: the pay gap in Gilchrist County widened by 17.1 points while Florida's narrowed by 2.5 points.

Year Male Income Female Income Gap %

Employment

Metric Gilchrist County Florida Avg US Average
Unemployment Rate 3.5% 4.8% 5.2%
Working from Home 6.4% 15.7% 15.0%
Commute time (minutes) 30 23 22

Approximately 272 people are unemployed in Gilchrist County, Florida.

The average commute time in Gilchrist County is 30 minutes, longer than the 23 minutes in Florida.

Unemployment Rate Over Time

Gilchrist County
United States

Since 2011, the unemployment rate in Gilchrist County, Florida has fallen from 12.1% to 3.5% in 2024. Over that period the rate peaked at 16.7% in 2012 and fell as low as 3.1% in 2022.

Year Gilchrist County United States

Gilchrist County, FL Wealth Compared With Nearby Counties

Gilchrist County, FL is the 4th largest of the 6 counties compared here, 19,040 residents against a local median of 45,342. Where Gilchrist County, FL breaks from the counties next to it is unemployment, sitting 20% below the local median of 4.4% at 3.5%. That is the better end of the local range on this measure.

Income growth tells the same story from another angle: 5.9%/yr against a local median of 5.1%/yr, 17% above it. Every measure here with a clear better direction points the same way, so Gilchrist County, FL is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 7.6% on unemployment, so Gilchrist County, FL sits at one end of an already wide local range rather than apart from it. Gilchrist County, FL has the 2nd 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.
Gilchrist County, FL 19,040 $65,044 #1/6 5.9%/yr #3/6 3.5% #2/6 0.572 #3/6
Alachua County, FL 285,474 $62,563 4.3%/yr 4.4% 0.588
Lafayette County, FL 8,161 $62,193 7.2%/yr 10.9% 0.631
Dixie County, FL 17,058 $50,207 4.8%/yr 3.3% 0.581
Levy County, FL 45,384 $57,834 6.4%/yr 4.1% 0.516
Suwannee County, FL 45,342 $56,397 5.1%/yr 6.3% 0.567

Conclusion

Considering all these factors, Gilchrist 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 Gilchrist County, Florida.

How Rich Is Gilchrist County, Florida?

Gilchrist 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 $65,044, about 13% lower than the Florida average of $74,580.

How has median household income changed in Gilchrist County, Florida?

Between 2009 and 2024, the median household income in Gilchrist County, Florida rose 57%, from $41,380 to $65,044. Over the same years, income here kept pace with Florida as a whole: +57% against +57%.

What was the median household income in Gilchrist County in 2023?

In 2023, the median household income in Gilchrist County, Florida was $61,162, up 8% from $56,415 in 2022. The Florida median that year was $71,864.

What was the median household income in Gilchrist County in 2020?

In 2020, the median household income in Gilchrist County, Florida was $47,668. By 2024 it had risen 36% to $65,044.

Is unemployment high in Gilchrist County, Florida?

Unemployment in Gilchrist County, Florida is only 3.5%, well below the Florida rate of 4.8%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Gilchrist County, Florida?

The Gini coefficient in Gilchrist County is 0.572. 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 Gilchrist County, Florida?

Since 2009, the income gap between men and women in Gilchrist County, Florida has widened from about 11% to 28% in 2024. Over that period the gap was narrowest at 3% in 2019. In dollar terms, the gap has widened by $13,172 since 2009.

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