Leesburg, Florida Income Statistics

Leesburg 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.

  • D
    Leesburg Well below average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric Leesburg Florida Avg US Average
Median Household Income $53,977 $74,580 $80,455
Median Personal Income $42,080 $52,322 $60,758
Average Yearly Income Growth 4.1% 5.4% 4.8%
Six-Figure Earners 6.5% 11.6% 13.9%
$200k+ Households 4.3% 11.0% 13.2%

The median household income in Leesburg is about 28% lower than in Florida. Income has been growing slower in Leesburg (4.1%/yr) than in Florida (5.4%/yr).

About 7% of adults in Leesburg 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

Leesburg
United States

Median household income in Leesburg, Florida grew by 34.9% from 2009 to 2024, reaching $53,977 in 2024. That's an average of about 4.1% per year.

Leesburg 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 widened from 22% in 2009, the closest it has been, to 33% in 2024.

Year Leesburg United States

Income Distribution in Leesburg

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

Households by income, 2024

Leesburg
United States

Income range calculator

About 2,076 households (20.9% of all households) have an income of $100,000 or more.

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

In 2024, 32.8% of households in Leesburg had an income under $35,000 and 9.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Leesburg has a larger share of households earning $25,000 to $34,999 (13.0% vs 6.7%) and a smaller share earning $200,000 or more (4.3% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 850 8.5% 5.1%
$10,000 to $14,999 514 5.2% 3.5%
$15,000 to $24,999 614 6.2% 6.4%
$25,000 to $34,999 1,290 13.0% 6.7%
$35,000 to $49,999 1,394 14.0% 10.1%
$50,000 to $74,999 2,019 20.3% 15.5%
$75,000 to $99,999 1,193 12.0% 12.6%
$100,000 to $149,999 1,134 11.4% 17.4%
$150,000 to $199,999 517 5.2% 9.5%
$200,000 or more 425 4.3% 13.2%

Shares are of all 9,951 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 Leesburg

Metric Leesburg Florida Avg US Average
Gini Coefficient 0.533 0.551 0.552
Male Median Income $51,858 $60,595 $69,667
Female Median Income $43,430 $50,762 $56,850
Gender Pay Gap 16.3% 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 Leesburg, it is 0.533, 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 19% more than women's income in Leesburg, Florida. Over a 35-year career, a 19% wage gap accumulates to roughly $294,980 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 Leesburg, Florida has widened from about 14% to 16% in 2024. Over that period the gap was widest at 24% in 2016, and in 2022 women out-earned men by 2%. In dollar terms, the gap has widened by $3,543 since 2009.

Sharply against the trend: the pay gap in Leesburg widened by 2.7 points while Florida's narrowed by 2.5 points.

Year Male Income Female Income Gap %

Employment

Metric Leesburg Florida Avg US Average
Unemployment Rate 9.2% 4.8% 5.2%
Working from Home 13.1% 15.7% 15.0%
Commute time (minutes) 21 23 22

Approximately 775 people are unemployed in Leesburg, Florida.

The average commute time in Leesburg is 21 minutes, shorter than the 23 minutes in Florida.

Unemployment Rate Over Time

Leesburg
United States

Since 2011, the unemployment rate in Leesburg, Florida has risen from 7.7% to 9.2% in 2024. Over that period the rate peaked at 15.3% in 2014 and fell as low as 7.4% in 2020.

Leesburg started 1.0 point below the U.S. unemployment rate in 2011 but had risen above it by 2012, and has not been below it since. In 2024 its rate was 3.9 points higher.

Year Leesburg United States

Leesburg, FL Wealth Compared With Nearby Cities

How Leesburg, 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.
Leesburg, FL 22,742 $53,977 #2/2 4.1%/yr #2/2 9.2% #2/2 0.533 #2/2
Wildwood, FL 20,550 $78,042 5.7%/yr 8.6% 0.506

Conclusion

Considering all these factors, Leesburg, 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 Leesburg, Florida.

How Rich Is Leesburg, Florida?

Leesburg 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 $53,977, about 28% lower than the Florida average of $74,580.

How fast is household income rising in Leesburg, Florida?

Between 2009 and 2024, the median household income in Leesburg, Florida rose 35%, from $40,011 to $53,977. Over the same years, income here lagged behind Florida as a whole: +35% against +57%.

What was the median household income in Leesburg in 2023?

In 2023, the median household income in Leesburg, Florida was $49,889, up 7% from $46,809 in 2022. The Florida median that year was $71,864.

What was the median household income in Leesburg in 2020?

In 2020, the median household income in Leesburg, Florida was $39,943. By 2024 it had risen 35% to $53,977.

How strong is the job market in Leesburg, Florida?

Unemployment in Leesburg, Florida is 9.2%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Leesburg, Florida?

The Gini coefficient in Leesburg is 0.533. 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 Leesburg, Florida?

Since 2009, the income gap between men and women in Leesburg, Florida has widened from about 14% to 16% in 2024. Over that period the gap was widest at 24% in 2016, and in 2022 women out-earned men by 2%. In dollar terms, the gap has widened by $3,543 since 2009.

Analyze any area in the US

Get local demographics for any address, aggregated by drive time or radius, on the interactive map.

Explore the map →