Pasco County, Florida Income Statistics
Pasco 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.
-
C
Pasco County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pasco County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,925 | $74,580 | $80,455 |
| Median Personal Income | $54,422 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.5% | 5.4% | 4.8% |
| Six-Figure Earners | 10.5% | 11.6% | 13.9% |
| $200k+ Households | 9.4% | 11.0% | 13.2% |
The median household income in Pasco County is about 5% lower than in Florida. Income has been growing faster in Pasco County (5.5%/yr) than in Florida (5.4%/yr).
About 11% of adults in Pasco 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 Pasco County, Florida grew by 62.3% from 2009 to 2024, reaching $70,925 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Pasco County
| Metric | Pasco County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.540 | 0.551 | 0.552 |
| Male Median Income | $63,949 | $60,595 | $69,667 |
| Female Median Income | $52,216 | $50,762 | $56,850 |
| Gender Pay Gap | 18.3% | 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 Pasco County, it is 0.540, 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 22% more than women's income in Pasco County, Florida. Over a 35-year career, a 22% wage gap accumulates to roughly $410,655 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pasco County, Florida has narrowed from about 19% to 18% in 2024. Over that period the gap was widest at 21% in 2014, and was narrowest at 13% in 2019. In dollar terms, the gap has widened by $3,675 since 2009.
Employment
| Metric | Pasco County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 4.8% | 5.2% |
| Working from Home | 20.3% | 15.7% | 15.0% |
| Commute time (minutes) | 28 | 23 | 22 |
Approximately 14,164 people are unemployed in Pasco County, Florida.
The average commute time in Pasco County is 28 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pasco County, Florida has fallen from 11.1% to 4.9% in 2024. Over that period the rate peaked at 12.1% in 2013 and fell as low as 4.9% in 2023.
Pasco County, FL Wealth Compared With Nearby Counties
Pasco County, FL is the 3rd largest of the 6 counties compared here, 611,333 residents against a local median of 207,007. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Pasco County, FL an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is unemployment, 8% below the local median at 4.9% against 5.3%. Pasco County, FL has the 3rd 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. |
|---|---|---|---|---|---|
| Pasco County, FL | 611,333 | $70,925 #4/6 | 5.5%/yr #2/6 | 4.9% #3/6 | 0.540 #4/6 |
| Hernando County, FL | 207,007 | $66,909 | 5.9%/yr | 5.3% | 0.522 |
| Hillsborough County, FL | 1,519,188 | $79,532 | 5.4%/yr | 4.5% | 0.551 |
| Pinellas County, FL | 961,969 | $72,705 | 5.5%/yr | 4.4% | 0.526 |
| Citrus County, FL | 162,471 | $56,112 | 4.6%/yr | 6.3% | 0.543 |
| Sumter County, FL | 143,408 | $76,563 | 4.9%/yr | 5.4% | 0.516 |
Conclusion
Considering all these factors, Pasco 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 Pasco County, Florida.
How Rich Is Pasco County, Florida?
Pasco 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 $70,925, about 5% lower than the Florida average of $74,580.
How has median household income changed in Pasco County, Florida?
Between 2009 and 2024, the median household income in Pasco County, Florida rose 62%, from $43,692 to $70,925. Over the same years, income here outpaced Florida as a whole: +62% against +57%.
What was the median household income in Pasco County in 2023?
In 2023, the median household income in Pasco County, Florida was $67,657, up 7% from $63,394 in 2022. The Florida median that year was $71,864.
What was the median household income in Pasco County in 2020?
In 2020, the median household income in Pasco County, Florida was $53,683. By 2024 it had risen 32% to $70,925.
What is the Gini coefficient in Pasco County, Florida?
The Gini coefficient in Pasco County is 0.540. 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 Pasco County, Florida?
Since 2009, the income gap between men and women in Pasco County, Florida has narrowed from about 19% to 18% in 2024. Over that period the gap was widest at 21% in 2014, and was narrowest at 13% in 2019. In dollar terms, the gap has widened by $3,675 since 2009.
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