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.
Income Statistics Overview
| Metric | Leon County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,274 | $71,865 | $78,145 |
| Median Personal Income | $52,686 | $53,537 | $61,726 |
| Average income growth | 4.5% | 5.7% | 5.1% |
| Six-Figure Earners | 9.7% | 10.9% | 13.2% |
The median household income in Leon County is about 9% lower than in Florida. Income has been growing slower in Leon County (4.5%/yr) than in Florida (5.7%/yr).
About 10% of adults in Leon County earn six figures ($100,000 or more) a year, lower than the Florida average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Leon County, Florida grew by 51.6% from 2009 to 2023, reaching $65,274 in 2023. That's an average of about 4.5% per year.
Economic Inequality in Leon County | Gender Pay Gap | Gini Coefficient
| Metric | Leon County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.578 | 0.566 | 0.570 |
| Male Median Income | $57,165 | $58,426 | $67,746 |
| Female Median Income | $49,341 | $48,893 | $54,793 |
| Gender Pay Gap | 13.7% | 16.3% | 19.1% |
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 Leon County, it is 0.578, higher than Florida's 0.566, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 16% more than women's income in Leon County, Florida. Over a 35-year career, a 16% wage gap accumulates to roughly $273,840 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Leon County, Florida has narrowed from about 16% to 14% in 2023. In dollar terms, the gap has widened by $633 since 2009.
Employment
| Metric | Leon County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 4.8% | 5.2% |
| Working from Home | 12.8% | 13.9% | 13.4% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 9,021 people are unemployed in Leon County, Florida.
The average commute time in Leon County is 18 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Leon County, Florida has fallen from 9.3% to 5.6% in 2023.
Conclusion
Considering all these factors, Leon County, 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 Leon County, Florida.
How Rich Is Leon County, Florida?
Leon County 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 $65,274, about 9% lower than the Florida average of $71,865.
What is the current median household income in Leon County, Florida?
As of 2023, the median household income in Leon County, Florida is $65,274.
What was the median household income in Leon County in 2023?
In 2023, the median household income in Leon County, Florida was $65,274.
What was the median household income in Leon County in 2020?
In 2020, the median household income in Leon County, Florida was $54,602.
What is the Gini coefficient in Leon County, Florida?
The Gini coefficient in Leon County is 0.578. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Leon County, Florida?
Since 2009, the income gap between men and women in Leon County, Florida has narrowed from about 16% to 14% in 2023. In dollar terms, the gap has widened by $633 since 2009.