Hollywood, Florida Income Statistics
Hollywood 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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C
Hollywood Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hollywood | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,184 | $74,580 | $80,455 |
| Median Personal Income | $47,965 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.4% | 5.4% | 4.8% |
| Six-Figure Earners | 10.7% | 11.6% | 13.9% |
| $200k+ Households | 9.7% | 11.0% | 13.2% |
The median household income in Hollywood is about 10% lower than in Florida. Income has been growing slower in Hollywood (4.4%/yr) than in Florida (5.4%/yr).
About 11% of adults in Hollywood 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 Hollywood, Florida grew by 50.5% from 2009 to 2024, reaching $67,184 in 2024. That's an average of about 4.4% per year.
Hollywood has stayed below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2010, at 12% lower. The gap has widened from 13% in 2009 to 16% in 2024.
Income Distribution in Hollywood
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 19,848 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, 27.4% of households in Hollywood had an income under $35,000 and 16.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Hollywood has a larger share of households earning $25,000 to $34,999 (10.7% vs 6.7%) and a smaller share earning $200,000 or more (9.7% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 3,678 | 5.9% | 5.1% |
| $10,000 to $14,999 | 2,188 | 3.5% | 3.5% |
| $15,000 to $24,999 | 4,473 | 7.2% | 6.4% |
| $25,000 to $34,999 | 6,619 | 10.7% | 6.7% |
| $35,000 to $49,999 | 7,601 | 12.3% | 10.1% |
| $50,000 to $74,999 | 9,716 | 15.7% | 15.5% |
| $75,000 to $99,999 | 7,714 | 12.5% | 12.6% |
| $100,000 to $149,999 | 9,620 | 15.6% | 17.4% |
| $150,000 to $199,999 | 4,214 | 6.8% | 9.5% |
| $200,000 or more | 6,014 | 9.7% | 13.2% |
Shares are of all 61,837 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 13,969 residents (10.7% 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 12.4% of residents who have any income.
In 2024, 13.4% of Hollywood residents aged 15 and over reported no personal income, 31.1% had some income but less than $25,000, and 16.9% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Hollywood has a larger share of residents earning $25,000 to $34,999 (12.6% vs 9.5%) and a smaller share earning $100,000 or more (10.7% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 17,479 | 13.4% | 12.8% |
| $1 to $9,999 | 13,956 | 10.7% | 11.2% |
| $10,000 to $14,999 | 9,518 | 7.3% | 7.0% |
| $15,000 to $24,999 | 17,059 | 13.1% | 10.5% |
| $25,000 to $34,999 | 16,357 | 12.6% | 9.5% |
| $35,000 to $49,999 | 17,267 | 13.3% | 12.6% |
| $50,000 to $74,999 | 16,688 | 12.8% | 14.3% |
| $75,000 to $99,999 | 8,001 | 6.1% | 8.2% |
| $100,000 or more | 13,969 | 10.7% | 13.9% |
Shares are of the 130,293 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 13.4% 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 Hollywood
| Metric | Hollywood | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.551 | 0.552 |
| Male Median Income | $53,731 | $60,595 | $69,667 |
| Female Median Income | $50,398 | $50,762 | $56,850 |
| Gender Pay Gap | 6.2% | 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 Hollywood, it is 0.554, about the same as Florida's 0.551, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 7% more than women's income in Hollywood, Florida. Over a 35-year career, a 7% wage gap accumulates to roughly $116,655 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hollywood, Florida has narrowed from about 20% to 6% in 2024. Over that period the gap in 2022 women out-earned men by 1%. In dollar terms, the gap has narrowed by $4,945 since 2009.
Employment
| Metric | Hollywood | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 4.8% | 5.2% |
| Working from Home | 13.4% | 15.7% | 15.0% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 5,597 people are unemployed in Hollywood, Florida.
The average commute time in Hollywood is 27 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hollywood, Florida has fallen from 11.6% to 6.5% in 2024. Over that period the rate peaked at 13.2% in 2013 and fell as low as 6.2% in 2022.
Hollywood 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 2022, at 0.8 points higher. The gap has narrowed from 2.9 points in 2011 to 1.2 points in 2024.
Hollywood, FL Wealth Compared With Nearby Cities
Hollywood, FL is the largest of the 4 cities compared here, 154,994 residents against a local median of 29,392. The measure that sets Hollywood, FL apart most is income growth: 4.4%/yr, 19% below the local median of 5.4%/yr. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 6.5% against a local median of 7.7%, 16% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Hollywood, FL is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 3.9%/yr on income growth, so Hollywood, FL sits at one end of an already wide local range rather than apart from it. Hollywood, FL has the 3rd highest income growth of the 4 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. |
|---|---|---|---|---|---|
| Hollywood, FL | 154,994 | $67,184 #2/4 | 4.4%/yr #3/4 | 6.5% #2/4 | 0.554 #2/4 |
| Dania Beach, FL | 29,392 | $58,668 | 2.8%/yr | 7.8% | 0.570 |
| Hallandale Beach, FL | 40,331 | $53,028 | 5.4%/yr | 7.7% | 0.556 |
| Ives Estates, FL | 27,230 | $74,182 | 6.7%/yr | 6.0% | 0.539 |
Conclusion
Considering all these factors, Hollywood, Florida has an overall wealth index grade of C, making it about on par with Florida, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Hollywood, Florida.
How Rich Is Hollywood, Florida?
Hollywood has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,184, about 10% lower than the Florida average of $74,580.
Are incomes growing in Hollywood, Florida?
Between 2009 and 2024, the median household income in Hollywood, Florida rose 51%, from $44,640 to $67,184. Over the same years, income here lagged behind Florida as a whole: +51% against +57%.
What was the median household income in Hollywood in 2023?
In 2023, the median household income in Hollywood, Florida was $64,541, up 5% from $61,328 in 2022. The Florida median that year was $71,864.
What was the median household income in Hollywood in 2020?
In 2020, the median household income in Hollywood, Florida was $54,255. By 2024 it had risen 24% to $67,184.
Is it hard to find a job in Hollywood, Florida?
Unemployment in Hollywood, Florida is 6.5%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Hollywood, Florida?
The Gini coefficient in Hollywood is 0.554. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Hollywood, Florida?
Since 2009, the income gap between men and women in Hollywood, Florida has narrowed from about 20% to 6% in 2024. Over that period the gap in 2022 women out-earned men by 1%. In dollar terms, the gap has narrowed by $4,945 since 2009.
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