Golden Gate, Florida Income Statistics
Golden Gate 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
Golden Gate Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Golden Gate | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,586 | $74,580 | $80,455 |
| Median Personal Income | $38,414 | $52,322 | $60,758 |
| Average Yearly Income Growth | 6.2% | 5.4% | 4.8% |
| Six-Figure Earners | 4.4% | 11.6% | 13.9% |
| $200k+ Households | 6.8% | 11.0% | 13.2% |
The median household income in Golden Gate is about 8% lower than in Florida. Income has been growing faster in Golden Gate (6.2%/yr) than in Florida (5.4%/yr).
About 4% of adults in Golden Gate 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 Golden Gate, Florida grew by 57.3% from 2009 to 2024, reaching $68,586 in 2024. That's an average of about 6.2% per year.
Golden Gate 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 2009, at 15% lower. The gap has held fairly steady over the period.
Income Distribution in Golden Gate
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 2,579 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, 19.9% of households in Golden Gate had an income under $35,000 and 15.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Golden Gate has a larger share of households earning $35,000 to $49,999 (17.0% vs 10.1%) and a smaller share earning $200,000 or more (6.8% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 248 | 3.1% | 5.1% |
| $10,000 to $14,999 | 334 | 4.2% | 3.5% |
| $15,000 to $24,999 | 396 | 4.9% | 6.4% |
| $25,000 to $34,999 | 618 | 7.7% | 6.7% |
| $35,000 to $49,999 | 1,363 | 17.0% | 10.1% |
| $50,000 to $74,999 | 1,399 | 17.4% | 15.5% |
| $75,000 to $99,999 | 1,100 | 13.7% | 12.6% |
| $100,000 to $149,999 | 1,344 | 16.7% | 17.4% |
| $150,000 to $199,999 | 685 | 8.5% | 9.5% |
| $200,000 or more | 550 | 6.8% | 13.2% |
Shares are of all 8,036 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 1,029 residents (4.4% 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 5.4% of residents who have any income.
In 2024, 17.3% of Golden Gate residents aged 15 and over reported no personal income, 31.6% had some income but less than $25,000, and 8.2% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Golden Gate has a larger share of residents earning $35,000 to $49,999 (18.3% vs 12.6%) and a smaller share earning $100,000 or more (4.4% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,017 | 17.3% | 12.8% |
| $1 to $9,999 | 2,221 | 9.6% | 11.2% |
| $10,000 to $14,999 | 2,096 | 9.0% | 7.0% |
| $15,000 to $24,999 | 3,013 | 13.0% | 10.5% |
| $25,000 to $34,999 | 3,301 | 14.2% | 9.5% |
| $35,000 to $49,999 | 4,241 | 18.3% | 12.6% |
| $50,000 to $74,999 | 2,380 | 10.3% | 14.3% |
| $75,000 to $99,999 | 883 | 3.8% | 8.2% |
| $100,000 or more | 1,029 | 4.4% | 13.9% |
Shares are of the 23,178 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 17.3% 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 Golden Gate
| Metric | Golden Gate | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.529 | 0.551 | 0.552 |
| Male Median Income | $42,617 | $60,595 | $69,667 |
| Female Median Income | $36,397 | $50,762 | $56,850 |
| Gender Pay Gap | 14.6% | 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 Golden Gate, it is 0.529, 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 Golden Gate, Florida. Over a 35-year career, a 17% wage gap accumulates to roughly $217,700 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Golden Gate, Florida has widened from about 11% to 15% in 2024. Over that period the gap was widest at 20% in 2017, and was narrowest at 0% in 2022. In dollar terms, the gap has widened by $2,944 since 2009.
Sharply against the trend: the pay gap in Golden Gate widened by 3.2 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Golden Gate | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.8% | 4.8% | 5.2% |
| Working from Home | 8.2% | 15.7% | 15.0% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 450 people are unemployed in Golden Gate, Florida.
The average commute time in Golden Gate is 21 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Golden Gate, Florida has fallen from 10.8% to 2.8% in 2024. Over that period the rate peaked at 11.3% in 2013.
Golden Gate started 2.1 points above the U.S. unemployment rate in 2011 but had dropped below it by 2019, and has not been above it since. In 2024 its rate was 2.5 points lower.
Conclusion
Considering all these factors, Golden Gate, 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 Golden Gate, Florida.
How Rich Is Golden Gate, Florida?
Golden Gate 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 $68,586, about 8% lower than the Florida average of $74,580.
How has median household income changed in Golden Gate, Florida?
Between 2009 and 2024, the median household income in Golden Gate, Florida rose 57%, from $43,596 to $68,586. Over the same years, income here kept pace with Florida as a whole: +57% against +57%.
What was the median household income in Golden Gate in 2023?
In 2023, the median household income in Golden Gate, Florida was $63,953, up 2% from $62,476 in 2022. The Florida median that year was $71,864.
What was the median household income in Golden Gate in 2020?
In 2020, the median household income in Golden Gate, Florida was $51,919. By 2024 it had risen 32% to $68,586.
How strong is the job market in Golden Gate, Florida?
Unemployment in Golden Gate, Florida is only 2.8%, 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 Golden Gate, Florida?
The Gini coefficient in Golden Gate is 0.529. 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 Golden Gate, Florida?
Since 2009, the income gap between men and women in Golden Gate, Florida has widened from about 11% to 15% in 2024. Over that period the gap was widest at 20% in 2017, and was narrowest at 0% in 2022. In dollar terms, the gap has widened by $2,944 since 2009.
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