Marion Oaks, Florida Income Statistics
Marion Oaks 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
Marion Oaks Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Marion Oaks | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,362 | $74,580 | $80,455 |
| Median Personal Income | $40,012 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.6% | 5.4% | 4.8% |
| Six-Figure Earners | 4.7% | 11.6% | 13.9% |
| $200k+ Households | 3.3% | 11.0% | 13.2% |
The median household income in Marion Oaks is about 7% lower than in Florida. Income has been growing faster in Marion Oaks (5.6%/yr) than in Florida (5.4%/yr).
About 5% of adults in Marion Oaks 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 Marion Oaks, Florida grew by 70.4% from 2009 to 2024, reaching $69,362 in 2024. That's an average of about 5.6% per year.
Income Inequality and the Gender Pay Gap in Marion Oaks
| Metric | Marion Oaks | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.512 | 0.551 | 0.552 |
| Male Median Income | $48,076 | $60,595 | $69,667 |
| Female Median Income | $39,661 | $50,762 | $56,850 |
| Gender Pay Gap | 17.5% | 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 Marion Oaks, it is 0.512, 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 21% more than women's income in Marion Oaks, Florida. Over a 35-year career, a 21% wage gap accumulates to roughly $294,525 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Marion Oaks, Florida has narrowed from about 24% to 18% in 2024. Over that period the gap was widest at 25% in 2022, and was narrowest at 11% in 2018. In dollar terms, the gap has narrowed by $291 since 2009.
Employment
| Metric | Marion Oaks | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.8% | 5.2% |
| Working from Home | 8.0% | 15.7% | 15.0% |
| Commute time (minutes) | 31 | 23 | 22 |
Approximately 299 people are unemployed in Marion Oaks, Florida.
The average commute time in Marion Oaks is 31 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marion Oaks, Florida has fallen from 13.4% to 3.2% in 2024. Over that period the rate peaked at 16.3% in 2012.
Marion Oaks, FL Wealth Compared With Nearby Cities
How Marion Oaks, FL compares with the 2 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. |
|---|---|---|---|---|---|
| Marion Oaks, FL | 21,418 | $69,362 #1/3 | 5.6%/yr #1/3 | 3.2% #1/3 | 0.512 #2/3 |
| Liberty Triangle, FL | 25,008 | $66,741 | 3.7%/yr | 4.4% | 0.499 |
| Ocala, FL | 65,969 | $53,073 | 4.9%/yr | 5.1% | 0.535 |
Conclusion
Considering all these factors, Marion Oaks, 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 Marion Oaks, Florida.
How Rich Is Marion Oaks, Florida?
Marion Oaks 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 $69,362, about 7% lower than the Florida average of $74,580.
How fast is household income rising in Marion Oaks, Florida?
Between 2009 and 2024, the median household income in Marion Oaks, Florida rose 70%, from $40,709 to $69,362. Over the same years, income here outpaced Florida as a whole: +70% against +57%.
What was the median household income in Marion Oaks in 2023?
In 2023, the median household income in Marion Oaks, Florida was $63,481, up 3% from $61,478 in 2022. The Florida median that year was $71,864.
What was the median household income in Marion Oaks in 2020?
In 2020, the median household income in Marion Oaks, Florida was $54,693. By 2024 it had risen 27% to $69,362.
Is unemployment high in Marion Oaks, Florida?
Unemployment in Marion Oaks, Florida is only 3.2%, well below the Florida rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Marion Oaks, Florida?
The Gini coefficient in Marion Oaks is 0.512. 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 Marion Oaks, Florida?
Since 2009, the income gap between men and women in Marion Oaks, Florida has narrowed from about 24% to 18% in 2024. Over that period the gap was widest at 25% in 2022, and was narrowest at 11% in 2018. In dollar terms, the gap has narrowed by $291 since 2009.
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