Wealth Index
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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Income Statistics Overview
| Metric | Lake Worth Beach | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,374 | $71,865 | $78,145 |
| Median Personal Income | $61,374 | $71,865 | $78,145 |
| Average income growth | 7.7% | 7.7% | 7.7% |
Household Income Trend
Median Household Income Over Time
Lake Worth Beach
United States
Economic Inequality in Lake Worth Beach | Gender Pay Gap | Gini Index
| Metric | Lake Worth Beach | Florida Avg | US Average |
|---|---|---|---|
| Gini Index | 0.561 | 0.566 | 0.570 |
| Male Median Income | $39,947 | $58,426 | $67,746 |
| Female Median Income | $44,824 | $48,893 | $54,793 |
| Gender Pay Gap | -12.2% | 16.3% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Lake Worth Beach | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 4.8% | 5.2% |
| Working from Home | 7.2% | 13.9% | 13.4% |
| Commute time (minutes) | 26 | 23 | 22 |
Unemployment Rate Over Time
Lake Worth Beach
United States