Land O' Lakes, Florida Income Statistics

Land O' Lakes 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.

  • B
    Land O' Lakes Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Land O' Lakes Florida Avg US Average
Median Household Income $99,621 $74,580 $80,455
Median Personal Income $65,791 $52,322 $60,758
Average Yearly Income Growth 4.2% 5.4% 4.8%
Six-Figure Earners 14.1% 11.6% 13.9%
$200k+ Households 14.1% 11.0% 13.2%

The median household income in Land O' Lakes is about 34% higher than in Florida. Income has been growing slower in Land O' Lakes (4.2%/yr) than in Florida (5.4%/yr).

About 14% of adults in Land O' Lakes earn six figures ($100,000 or more) a year, higher than the Florida average of 12%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Land O' Lakes
United States

Median household income in Land O' Lakes, Florida grew by 37.3% from 2009 to 2024, reaching $99,621 in 2024. That's an average of about 4.2% per year.

Land O' Lakes has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. The gap has narrowed from 42% in 2009 to 24% in 2024, the closest it has been.

Year Land O' Lakes United States

Income Distribution in Land O' Lakes

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Land O' Lakes
United States

Income range calculator

About 6,536 households (49.8% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 14.7% of households in Land O' Lakes had an income under $35,000 and 28.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Land O' Lakes has a larger share of households earning $150,000 to $199,999 (14.0% vs 9.5%) and a smaller share earning $25,000 to $34,999 (3.4% vs 6.7%).

Household income Households Share U.S. share
Under $10,000 678 5.2% 5.1%
$10,000 to $14,999 205 1.6% 3.5%
$15,000 to $24,999 604 4.6% 6.4%
$25,000 to $34,999 443 3.4% 6.7%
$35,000 to $49,999 911 6.9% 10.1%
$50,000 to $74,999 1,909 14.5% 15.5%
$75,000 to $99,999 1,841 14.0% 12.6%
$100,000 to $149,999 2,851 21.7% 17.4%
$150,000 to $199,999 1,833 14.0% 9.5%
$200,000 or more 1,852 14.1% 13.2%

Shares are of all 13,127 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).

Income Inequality and the Gender Pay Gap in Land O' Lakes

Metric Land O' Lakes Florida Avg US Average
Gini Coefficient 0.526 0.551 0.552
Male Median Income $81,475 $60,595 $69,667
Female Median Income $55,981 $50,762 $56,850
Gender Pay Gap 31.3% 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 Land O' Lakes, it is 0.526, 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 46% more than women's income in Land O' Lakes, Florida. Over a 35-year career, a 46% wage gap accumulates to roughly $892,290 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Land O' Lakes, Florida has widened from about 22% to 31% in 2024. Over that period the gap was widest at 32% in 2023, and was narrowest at 8% in 2014. In dollar terms, the gap has widened by $14,169 since 2009.

Sharply against the trend: the pay gap in Land O' Lakes widened by 9.1 points while Florida's narrowed by 2.5 points.

Year Male Income Female Income Gap %

Employment

Metric Land O' Lakes Florida Avg US Average
Unemployment Rate 5.2% 4.8% 5.2%
Working from Home 21.5% 15.7% 15.0%
Commute time (minutes) 31 23 22

Approximately 1,008 people are unemployed in Land O' Lakes, Florida.

The average commute time in Land O' Lakes is 31 minutes, longer than the 23 minutes in Florida.

Unemployment Rate Over Time

Land O' Lakes
United States

Since 2011, the unemployment rate in Land O' Lakes, Florida has fallen from 7.1% to 5.2% in 2024. Over that period the rate peaked at 8.9% in 2013 and fell as low as 3.7% in 2019.

Land O' Lakes started 1.5 points below the U.S. unemployment rate in 2011 but had risen above it by 2023, and has not been below it since. In 2024 the two were level.

Year Land O' Lakes United States

Land O' Lakes, FL Wealth Compared With Nearby Cities

How Land O' Lakes, 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.
Land O' Lakes, FL 36,189 $99,621 #2/2 4.2%/yr #2/2 5.2% #2/2 0.526 #1/2
Lutz, FL 32,806 $104,411 6.0%/yr 3.4% 0.543

Conclusion

Considering all these factors, Land O' Lakes, Florida has an overall wealth index grade of B, making it notably better than Florida, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Land O' Lakes, Florida.

How Rich Is Land O' Lakes, Florida?

Land O' Lakes has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $99,621, about 34% higher than the Florida average of $74,580.

How has median household income changed in Land O' Lakes, Florida?

Between 2009 and 2024, the median household income in Land O' Lakes, Florida rose 37%, from $72,572 to $99,621. Over the same years, income here lagged behind Florida as a whole: +37% against +57%.

What was the median household income in Land O' Lakes in 2023?

In 2023, the median household income in Land O' Lakes, Florida was $98,240, up 4% from $94,596 in 2022. The Florida median that year was $71,864.

What was the median household income in Land O' Lakes in 2020?

In 2020, the median household income in Land O' Lakes, Florida was $84,146. By 2024 it had risen 18% to $99,621.

What is the Gini coefficient in Land O' Lakes, Florida?

The Gini coefficient in Land O' Lakes is 0.526. 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 Land O' Lakes, Florida?

Since 2009, the income gap between men and women in Land O' Lakes, Florida has widened from about 22% to 31% in 2024. Over that period the gap was widest at 32% in 2023, and was narrowest at 8% in 2014. In dollar terms, the gap has widened by $14,169 since 2009.

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