Gulf County, Florida Income Statistics
Gulf 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
Gulf County Well below averageLess wealthy than 71% of counties in Florida
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gulf County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,079 | $74,580 | $80,455 |
| Median Personal Income | $49,267 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.6% | 5.4% | 4.8% |
| Six-Figure Earners | 8.3% | 11.6% | 13.9% |
| $200k+ Households | 8.9% | 11.0% | 13.2% |
The median household income in Gulf County is about 17% lower than in Florida. Income has been growing faster in Gulf County (5.6%/yr) than in Florida (5.4%/yr).
About 8% of adults in Gulf 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 Gulf County, Florida grew by 60.2% from 2009 to 2024, reaching $62,079 in 2024. That's an average of about 5.6% per year.
Income Inequality and the Gender Pay Gap in Gulf County
| Metric | Gulf County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.597 | 0.551 | 0.552 |
| Male Median Income | $60,835 | $60,595 | $69,667 |
| Female Median Income | $48,437 | $50,762 | $56,850 |
| Gender Pay Gap | 20.4% | 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 Gulf County, it is 0.597, 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 26% more than women's income in Gulf County, Florida. Over a 35-year career, a 26% wage gap accumulates to roughly $433,930 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gulf County, Florida has widened from about 10% to 20% in 2024. Over that period the gap was widest at 22% in 2020, and was narrowest at 4% in 2018. In dollar terms, the gap has widened by $8,996 since 2009.
Sharply against the trend: the pay gap in Gulf County widened by 10.5 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Gulf County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 4.8% | 5.2% |
| Working from Home | 9.3% | 15.7% | 15.0% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 145 people are unemployed in Gulf County, Florida.
The average commute time in Gulf County is 18 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gulf County, Florida has fallen from 10.5% to 2.6% in 2024. Over that period the rate peaked at 13.2% in 2012.
Gulf County, FL Wealth Compared With Nearby Counties
Gulf County, FL is typical in size for this group, 15,130 residents against a local median of 13,492, so the measures below are close to a like for like comparison. Gulf County, FL's unemployment, at 2.6%, runs 60% below the 6.6% typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread 4.9% on unemployment, so Gulf County, FL sits at one end of an already wide local range rather than apart from it. Gulf County, FL has the 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. |
|---|---|---|---|---|---|
| Gulf County, FL | 15,130 | $62,079 #3/6 | 5.6%/yr #3/6 | 2.6% #1/6 | 0.597 #3/6 |
| Bay County, FL | 186,393 | $73,432 | 5.3%/yr | 3.8% | 0.529 |
| Franklin County, FL | 12,553 | $65,488 | 6.2%/yr | 8.5% | 0.603 |
| Liberty County, FL | 7,687 | $58,017 | 5.5%/yr | 6.6% | 0.631 |
| Calhoun County, FL | 13,492 | $50,996 | 4.0%/yr | 8.0% | 0.601 |
| Washington County, FL | 25,529 | $59,460 | 5.8%/yr | 3.6% | 0.574 |
Conclusion
Considering all these factors, Gulf 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 Gulf County, Florida.
How Rich Is Gulf County, Florida?
Gulf 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 $62,079, about 17% lower than the Florida average of $74,580.
Are incomes growing in Gulf County, Florida?
Between 2009 and 2024, the median household income in Gulf County, Florida rose 60%, from $38,747 to $62,079. Over the same years, income here outpaced Florida as a whole: +60% against +57%.
What was the median household income in Gulf County in 2023?
In 2023, the median household income in Gulf County, Florida was $66,802, up 17% from $56,872 in 2022. The Florida median that year was $71,864.
What was the median household income in Gulf County in 2020?
In 2020, the median household income in Gulf County, Florida was $51,255. By 2024 it had risen 21% to $62,079.
Is it hard to find a job in Gulf County, Florida?
Unemployment in Gulf County, Florida is only 2.6%, 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 Gulf County, Florida?
The Gini coefficient in Gulf County is 0.597. 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 Gulf County, Florida?
Since 2009, the income gap between men and women in Gulf County, Florida has widened from about 10% to 20% in 2024. Over that period the gap was widest at 22% in 2020, and was narrowest at 4% in 2018. In dollar terms, the gap has widened by $8,996 since 2009.
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