Greenacres, Florida Income Statistics
Greenacres 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
Greenacres Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Greenacres | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,065 | $74,580 | $80,455 |
| Median Personal Income | $42,522 | $52,322 | $60,758 |
| Average Yearly Income Growth | 6.2% | 5.4% | 4.8% |
| Six-Figure Earners | 5.2% | 11.6% | 13.9% |
| $200k+ Households | 5.5% | 11.0% | 13.2% |
The median household income in Greenacres is about 11% lower than in Florida. Income has been growing faster in Greenacres (6.2%/yr) than in Florida (5.4%/yr).
About 5% of adults in Greenacres 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 Greenacres, Florida grew by 66.2% from 2009 to 2024, reaching $66,065 in 2024. That's an average of about 6.2% per year.
Greenacres has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has narrowed from 22% in 2009 to 18% in 2024, the closest it has been.
Income Distribution in Greenacres
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 4,095 households (28.0% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 24.5% of households in Greenacres had an income under $35,000 and 12.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Greenacres has a larger share of households earning $50,000 to $74,999 (20.7% vs 15.5%) and a smaller share earning $200,000 or more (5.5% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 572 | 3.9% | 5.1% |
| $10,000 to $14,999 | 439 | 3.0% | 3.5% |
| $15,000 to $24,999 | 1,417 | 9.7% | 6.4% |
| $25,000 to $34,999 | 1,145 | 7.8% | 6.7% |
| $35,000 to $49,999 | 1,809 | 12.4% | 10.1% |
| $50,000 to $74,999 | 3,027 | 20.7% | 15.5% |
| $75,000 to $99,999 | 2,097 | 14.4% | 12.6% |
| $100,000 to $149,999 | 2,307 | 15.8% | 17.4% |
| $150,000 to $199,999 | 990 | 6.8% | 9.5% |
| $200,000 or more | 798 | 5.5% | 13.2% |
Shares are of all 14,602 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 1,775 residents (5.2% 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 6.0% of residents who have any income.
In 2024, 13.2% of Greenacres residents aged 15 and over reported no personal income, 33.6% had some income but less than $25,000, and 9.7% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Greenacres has a larger share of residents earning $15,000 to $24,999 (15.1% vs 10.5%) and a smaller share earning $100,000 or more (5.2% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,512 | 13.2% | 12.8% |
| $1 to $9,999 | 3,574 | 10.5% | 11.2% |
| $10,000 to $14,999 | 2,738 | 8.0% | 7.0% |
| $15,000 to $24,999 | 5,164 | 15.1% | 10.5% |
| $25,000 to $34,999 | 4,447 | 13.0% | 9.5% |
| $35,000 to $49,999 | 5,571 | 16.3% | 12.6% |
| $50,000 to $74,999 | 4,853 | 14.2% | 14.3% |
| $75,000 to $99,999 | 1,543 | 4.5% | 8.2% |
| $100,000 or more | 1,775 | 5.2% | 13.9% |
Shares are of the 34,178 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 13.2% 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 Greenacres
| Metric | Greenacres | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.515 | 0.551 | 0.552 |
| Male Median Income | $46,046 | $60,595 | $69,667 |
| Female Median Income | $44,026 | $50,762 | $56,850 |
| Gender Pay Gap | 4.4% | 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 Greenacres, it is 0.515, 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 5% more than women's income in Greenacres, Florida. Over a 35-year career, a 5% wage gap accumulates to roughly $70,700 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Greenacres, Florida has narrowed from about 5% to 4% in 2024. Over that period the gap was widest at 7% in 2016, and in 2021 women out-earned men by 7%. In dollar terms, the gap has widened by $125 since 2009.
Employment
| Metric | Greenacres | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.9% | 4.8% | 5.2% |
| Working from Home | 5.4% | 15.7% | 15.0% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 1,481 people are unemployed in Greenacres, Florida.
The average commute time in Greenacres is 27 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Greenacres, Florida has fallen from 10.8% to 6.9% in 2024. Over that period the rate peaked at 12.9% in 2012 and fell as low as 5.9% in 2021.
Greenacres has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2021, at 0.3 points higher. The gap has held fairly steady over the period.
Greenacres, FL Wealth Compared With Nearby Cities
How Greenacres, FL compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Greenacres, FL | 41,954 | $66,065 #2/2 | 6.2%/yr #2/2 | 6.9% #2/2 | 0.515 #1/2 |
| Palm Springs, FL | 30,360 | $68,896 | 8.4%/yr | 6.6% | 0.535 |
Conclusion
Considering all these factors, Greenacres, 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 Greenacres, Florida.
How Rich Is Greenacres, Florida?
Greenacres 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 $66,065, about 11% lower than the Florida average of $74,580.
How has median household income changed in Greenacres, Florida?
Between 2009 and 2024, the median household income in Greenacres, Florida rose 66%, from $39,741 to $66,065. Over the same years, income here outpaced Florida as a whole: +66% against +57%.
What was the median household income in Greenacres in 2023?
In 2023, the median household income in Greenacres, Florida was $57,798, up 4% from $55,451 in 2022. The Florida median that year was $71,864.
What was the median household income in Greenacres in 2020?
In 2020, the median household income in Greenacres, Florida was $44,478. By 2024 it had risen 49% to $66,065.
Is it hard to find a job in Greenacres, Florida?
Unemployment in Greenacres, Florida is 6.9%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Greenacres, Florida?
The Gini coefficient in Greenacres is 0.515. 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 Greenacres, Florida?
Since 2009, the income gap between men and women in Greenacres, Florida has narrowed from about 5% to 4% in 2024. Over that period the gap was widest at 7% in 2016, and in 2021 women out-earned men by 7%. In dollar terms, the gap has widened by $125 since 2009.
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