Ormond Beach, Florida Income Statistics
Ormond Beach 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
Ormond Beach Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Ormond Beach | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,704 | $74,580 | $80,455 |
| Median Personal Income | $54,945 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.9% | 5.4% | 4.8% |
| Six-Figure Earners | 11.7% | 11.6% | 13.9% |
| $200k+ Households | 9.6% | 11.0% | 13.2% |
The median household income in Ormond Beach is about 7% lower than in Florida. Income has been growing slower in Ormond Beach (4.9%/yr) than in Florida (5.4%/yr).
About 12% of adults in Ormond Beach earn six figures ($100,000 or more) a year, about the same as the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Ormond Beach, Florida grew by 46.2% from 2009 to 2024, reaching $69,704 in 2024. That's an average of about 4.9% per year.
Ormond Beach has stayed below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2010, at 6.5% lower. The gap has widened from 6.7% in 2009 to 13% in 2024.
Income Distribution in Ormond Beach
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 5,601 households (33.1% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 23.1% of households in Ormond Beach had an income under $35,000 and 17.6% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Ormond Beach has a larger share of households earning $50,000 to $74,999 (20.6% vs 15.5%) and a smaller share earning $200,000 or more (9.6% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 711 | 4.2% | 5.1% |
| $10,000 to $14,999 | 476 | 2.8% | 3.5% |
| $15,000 to $24,999 | 1,206 | 7.1% | 6.4% |
| $25,000 to $34,999 | 1,523 | 9.0% | 6.7% |
| $35,000 to $49,999 | 1,728 | 10.2% | 10.1% |
| $50,000 to $74,999 | 3,493 | 20.6% | 15.5% |
| $75,000 to $99,999 | 2,206 | 13.0% | 12.6% |
| $100,000 to $149,999 | 2,623 | 15.5% | 17.4% |
| $150,000 to $199,999 | 1,354 | 8.0% | 9.5% |
| $200,000 or more | 1,624 | 9.6% | 13.2% |
Shares are of all 16,945 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).
Residents 15+ by personal income, 2024
Income range calculator
About 3,784 residents (11.7% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 12.8% of residents who have any income.
In 2024, 9.0% of Ormond Beach residents aged 15 and over reported no personal income, 31.0% had some income but less than $25,000, and 20.3% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Ormond Beach has a larger share of residents earning $15,000 to $24,999 (13.0% vs 10.5%) and a smaller share with no personal income (9.0% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,916 | 9.0% | 12.8% |
| $1 to $9,999 | 3,356 | 10.4% | 11.2% |
| $10,000 to $14,999 | 2,492 | 7.7% | 7.0% |
| $15,000 to $24,999 | 4,195 | 13.0% | 10.5% |
| $25,000 to $34,999 | 3,561 | 11.0% | 9.5% |
| $35,000 to $49,999 | 4,197 | 13.0% | 12.6% |
| $50,000 to $74,999 | 5,085 | 15.7% | 14.3% |
| $75,000 to $99,999 | 2,792 | 8.6% | 8.2% |
| $100,000 or more | 3,784 | 11.7% | 13.9% |
Shares are of the 32,377 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 9.0% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Ormond Beach
| Metric | Ormond Beach | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.523 | 0.551 | 0.552 |
| Male Median Income | $64,645 | $60,595 | $69,667 |
| Female Median Income | $55,008 | $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 Ormond Beach, it is 0.523, 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 Ormond Beach, Florida. Over a 35-year career, a 18% wage gap accumulates to roughly $337,295 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ormond Beach, Florida has narrowed from about 25% to 15% in 2024. Over that period the gap was widest at 26% in 2010, and was narrowest at 9% in 2016. In dollar terms, the gap has narrowed by $1,885 since 2009.
Employment
| Metric | Ormond Beach | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 4.8% | 5.2% |
| Working from Home | 14.9% | 15.7% | 15.0% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 624 people are unemployed in Ormond Beach, Florida.
The average commute time in Ormond Beach is 18 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ormond Beach, Florida has fallen from 7.2% to 3.5% in 2024. Over that period the rate peaked at 10.0% in 2014 and fell as low as 2.5% in 2022.
Ormond Beach has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2014-2017 (as much as 0.8 points higher). In 2024 its rate was 1.8 points lower.
Ormond Beach, FL Wealth Compared With Nearby Cities
How Ormond Beach, 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. |
|---|---|---|---|---|---|
| Ormond Beach, FL | 37,847 | $69,704 #1/2 | 4.9%/yr #2/2 | 3.5% #1/2 | 0.523 #1/2 |
| Daytona Beach, FL | 78,722 | $52,644 | 7.3%/yr | 5.1% | 0.562 |
Conclusion
Considering all these factors, Ormond Beach, 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 Ormond Beach, Florida.
How Wealthy Is Ormond Beach, Florida?
Ormond Beach 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 $69,704, about 7% lower than the Florida average of $74,580.
How has median household income changed in Ormond Beach, Florida?
Between 2009 and 2024, the median household income in Ormond Beach, Florida rose 46%, from $47,679 to $69,704. Over the same years, income here lagged behind Florida as a whole: +46% against +57%.
What was the median household income in Ormond Beach in 2023?
In 2023, the median household income in Ormond Beach, Florida was $67,268, up 5% from $64,330 in 2022. The Florida median that year was $71,864.
What was the median household income in Ormond Beach in 2020?
In 2020, the median household income in Ormond Beach, Florida was $55,074. By 2024 it had risen 27% to $69,704.
Is unemployment high in Ormond Beach, Florida?
Unemployment in Ormond Beach, Florida is only 3.5%, 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 Ormond Beach, Florida?
The Gini coefficient in Ormond Beach is 0.523. 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 Ormond Beach, Florida?
Since 2009, the income gap between men and women in Ormond Beach, Florida has narrowed from about 25% to 15% in 2024. Over that period the gap was widest at 26% in 2010, and was narrowest at 9% in 2016. In dollar terms, the gap has narrowed by $1,885 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 →