Okeechobee County, Florida Income Statistics
Okeechobee County Wealth Score
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.
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D
Okeechobee County Well below averageLess wealthy than 76% of counties in Florida
Source: Map AI Methodology
Income Statistics Overview
| Metric | Okeechobee County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,564 | $74,580 | $80,455 |
| Median Personal Income | $46,135 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.8% | 5.4% | 4.8% |
| Six-Figure Earners | 6.1% | 11.6% | 13.9% |
| $200k+ Households | 4.2% | 11.0% | 13.2% |
The median household income in Okeechobee County is about 23% lower than in Florida. Income has been growing faster in Okeechobee County (5.8%/yr) than in Florida (5.4%/yr).
About 6% of adults in Okeechobee County 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 Okeechobee County, Florida grew by 48.9% from 2009 to 2024, reaching $57,564 in 2024. That's an average of about 5.8% per year.
Income Inequality and the Gender Pay Gap in Okeechobee County
| Metric | Okeechobee County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.577 | 0.551 | 0.552 |
| Male Median Income | $54,041 | $60,595 | $69,667 |
| Female Median Income | $48,316 | $50,762 | $56,850 |
| Gender Pay Gap | 10.6% | 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 Okeechobee County, it is 0.577, higher than Florida's 0.551, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 12% more than women's income in Okeechobee County, Florida. Over a 35-year career, a 12% wage gap accumulates to roughly $200,375 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Okeechobee County, Florida has narrowed from about 17% to 11% in 2024. Over that period the gap was widest at 23% in 2019, and was narrowest at 10% in 2023. In dollar terms, the gap has widened by $642 since 2009.
Employment
| Metric | Okeechobee County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 4.8% | 5.2% |
| Working from Home | 6.6% | 15.7% | 15.0% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 739 people are unemployed in Okeechobee County, Florida.
The average commute time in Okeechobee County is 18 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Okeechobee County, Florida has fallen from 11.8% to 4.4% in 2024. Over that period the rate peaked at 15.9% in 2013.
Okeechobee County, FL Wealth Compared With Nearby Counties
Okeechobee County, FL is the 5th largest of the 6 counties compared here, 40,816 residents against a local median of 160,388. Okeechobee County, FL's unemployment, at 4.4%, runs 27% below the 6.0% typical of the counties around it. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $57,564 against a local median of $71,643, 20% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while median household income runs behind it, so Okeechobee County, FL is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.7% on unemployment, so Okeechobee County, FL sits at one end of an already wide local range rather than apart from it. Okeechobee County, FL has the lowest unemployment of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Okeechobee County, FL | 40,816 | $57,564 #4/6 | 5.8%/yr #3/6 | 4.4% #1/6 | 0.577 #5/6 |
| Indian River County, FL | 166,866 | $73,373 | 5.7%/yr | 4.5% | 0.530 |
| St. Lucie County, FL | 360,498 | $71,643 | 6.2%/yr | 6.0% | 0.534 |
| Highlands County, FL | 105,700 | $55,582 | 5.7%/yr | 6.4% | 0.518 |
| Glades County, FL | 12,560 | $46,143 | 4.0%/yr | 7.1% | 0.615 |
| Martin County, FL | 160,388 | $83,704 | 5.9%/yr | 4.9% | 0.551 |
Conclusion
Considering all these factors, Okeechobee County, 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 Okeechobee County, Florida.
How Wealthy Is Okeechobee County, Florida?
Okeechobee County 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 $57,564, about 23% lower than the Florida average of $74,580.
Are incomes growing in Okeechobee County, Florida?
Between 2009 and 2024, the median household income in Okeechobee County, Florida rose 49%, from $38,663 to $57,564. Over the same years, income here lagged behind Florida as a whole: +49% against +57%.
What was the median household income in Okeechobee County in 2023?
In 2023, the median household income in Okeechobee County, Florida was $52,606, up 4% from $50,450 in 2022. The Florida median that year was $71,864.
What was the median household income in Okeechobee County in 2020?
In 2020, the median household income in Okeechobee County, Florida was $45,949. By 2024 it had risen 25% to $57,564.
What is the Gini coefficient in Okeechobee County, Florida?
The Gini coefficient in Okeechobee County is 0.577. 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 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Okeechobee County, Florida?
Since 2009, the income gap between men and women in Okeechobee County, Florida has narrowed from about 17% to 11% in 2024. Over that period the gap was widest at 23% in 2019, and was narrowest at 10% in 2023. In dollar terms, the gap has widened by $642 since 2009.
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