North Port, Florida Income Statistics

North Port 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.

  • C
    North Port Below average

Source: Map AI Methodology

Income Statistics Overview

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Metric North Port Florida Avg US Average
Median Household Income $84,442 $74,580 $80,455
Median Personal Income $53,981 $52,322 $60,758
Average Yearly Income Growth 5.6% 5.4% 4.8%
Six-Figure Earners 10.7% 11.6% 13.9%
$200k+ Households 9.5% 11.0% 13.2%

The median household income in North Port is about 13% higher than in Florida. Income has been growing faster in North Port (5.6%/yr) than in Florida (5.4%/yr).

About 11% of adults in North Port 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

North Port
United States

Median household income in North Port, Florida grew by 71.5% from 2009 to 2024, reaching $84,442 in 2024. That's an average of about 5.6% per year.

North Port started 3.7% below the U.S. median household income in 2009 but had overtaken it by 2020, and has not been below it since. In 2024 its income was 5.0% higher.

Year North Port United States

Income Distribution in North Port

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

Households by income, 2024

North Port
United States

Income range calculator

About 13,905 households (40.5% of all households) have an income of $100,000 or more.

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

In 2024, 14.2% of households in North Port had an income under $35,000 and 17.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., North Port has a larger share of households earning $100,000 to $149,999 (23.1% vs 17.4%) and a smaller share earning $200,000 or more (9.5% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 959 2.8% 5.1%
$10,000 to $14,999 437 1.3% 3.5%
$15,000 to $24,999 1,573 4.6% 6.4%
$25,000 to $34,999 1,894 5.5% 6.7%
$35,000 to $49,999 3,434 10.0% 10.1%
$50,000 to $74,999 6,885 20.1% 15.5%
$75,000 to $99,999 5,227 15.2% 12.6%
$100,000 to $149,999 7,936 23.1% 17.4%
$150,000 to $199,999 2,696 7.9% 9.5%
$200,000 or more 3,273 9.5% 13.2%

Shares are of all 34,314 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 North Port

Metric North Port Florida Avg US Average
Gini Coefficient 0.513 0.551 0.552
Male Median Income $61,999 $60,595 $69,667
Female Median Income $52,736 $50,762 $56,850
Gender Pay Gap 14.9% 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 North Port, it is 0.513, 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 18% more than women's income in North Port, Florida. Over a 35-year career, a 18% wage gap accumulates to roughly $324,205 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 North Port, Florida has narrowed from about 20% to 15% in 2024. Over that period the gap was widest at 24% in 2017, and was narrowest at 14% in 2013. In dollar terms, the gap has widened by $1,026 since 2009.

Year Male Income Female Income Gap %

Employment

Metric North Port Florida Avg US Average
Unemployment Rate 4.9% 4.8% 5.2%
Working from Home 11.7% 15.7% 15.0%
Commute time (minutes) 27 23 22

Approximately 1,885 people are unemployed in North Port, Florida.

The average commute time in North Port is 27 minutes, longer than the 23 minutes in Florida.

Unemployment Rate Over Time

North Port
United States

Since 2011, the unemployment rate in North Port, Florida has fallen from 12.1% to 4.9% in 2024. Over that period the rate peaked at 13.1% in 2013 and fell as low as 3.0% in 2021.

North Port started 3.4 points above the U.S. unemployment rate in 2011 but had dropped below it by 2017, and has not been above it since. In 2024 its rate was 0.3 points lower.

Year North Port United States

North Port, FL Wealth Compared With Nearby Cities

How North Port, 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.
North Port, FL 83,833 $84,442 #1/2 5.6%/yr #2/2 4.9% #1/2 0.513 #1/2
Port Charlotte, FL 57,766 $63,811 6.5%/yr 6.8% 0.518

Conclusion

Considering all these factors, North Port, Florida has an overall wealth index grade of C, making it somewhat better than Florida, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in North Port, Florida.

How Rich Is North Port, Florida?

North Port 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 $84,442, about 13% higher than the Florida average of $74,580.

How fast is household income rising in North Port, Florida?

Between 2009 and 2024, the median household income in North Port, Florida rose 72%, from $49,231 to $84,442. Over the same years, income here outpaced Florida as a whole: +72% against +57%.

What was the median household income in North Port in 2023?

In 2023, the median household income in North Port, Florida was $80,810, up 4% from $78,040 in 2022. The Florida median that year was $71,864.

What was the median household income in North Port in 2020?

In 2020, the median household income in North Port, Florida was $65,530. By 2024 it had risen 29% to $84,442.

What is the Gini coefficient in North Port, Florida?

The Gini coefficient in North Port is 0.513. 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 North Port, Florida?

Since 2009, the income gap between men and women in North Port, Florida has narrowed from about 20% to 15% in 2024. Over that period the gap was widest at 24% in 2017, and was narrowest at 14% in 2013. In dollar terms, the gap has widened by $1,026 since 2009.

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