Plant City, Florida Income Statistics
Plant City 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
Plant City Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Plant City | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,504 | $74,580 | $80,455 |
| Median Personal Income | $44,371 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.4% | 4.8% |
| Six-Figure Earners | 7.2% | 11.6% | 13.9% |
| $200k+ Households | 5.3% | 11.0% | 13.2% |
The median household income in Plant City is about 12% lower than in Florida. Income has been growing slower in Plant City (5.3%/yr) than in Florida (5.4%/yr).
About 7% of adults in Plant City 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 Plant City, Florida grew by 40.8% from 2009 to 2024, reaching $65,504 in 2024. That's an average of about 5.3% per year.
Plant City has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has widened from 9.0% in 2009, the closest it has been, to 19% in 2024.
Income Distribution in Plant City
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 4,005 households (28.4% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 20.4% of households in Plant City had an income under $35,000 and 12.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Plant City has a larger share of households earning $35,000 to $49,999 (16.5% vs 10.1%) and a smaller share earning $200,000 or more (5.3% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 734 | 5.2% | 5.1% |
| $10,000 to $14,999 | 453 | 3.2% | 3.5% |
| $15,000 to $24,999 | 796 | 5.6% | 6.4% |
| $25,000 to $34,999 | 890 | 6.3% | 6.7% |
| $35,000 to $49,999 | 2,334 | 16.5% | 10.1% |
| $50,000 to $74,999 | 2,943 | 20.9% | 15.5% |
| $75,000 to $99,999 | 1,946 | 13.8% | 12.6% |
| $100,000 to $149,999 | 2,241 | 15.9% | 17.4% |
| $150,000 to $199,999 | 1,022 | 7.2% | 9.5% |
| $200,000 or more | 742 | 5.3% | 13.2% |
Shares are of all 14,100 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 2,278 residents (7.2% 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 8.3% of residents who have any income.
In 2024, 14.0% of Plant City residents aged 15 and over reported no personal income, 31.2% had some income but less than $25,000, and 12.6% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Plant City has a larger share of residents earning $35,000 to $49,999 (17.2% vs 12.6%) and a smaller share earning $100,000 or more (7.2% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,455 | 14.0% | 12.8% |
| $1 to $9,999 | 3,502 | 11.0% | 11.2% |
| $10,000 to $14,999 | 2,001 | 6.3% | 7.0% |
| $15,000 to $24,999 | 4,399 | 13.9% | 10.5% |
| $25,000 to $34,999 | 4,031 | 12.7% | 9.5% |
| $35,000 to $49,999 | 5,446 | 17.2% | 12.6% |
| $50,000 to $74,999 | 3,905 | 12.3% | 14.3% |
| $75,000 to $99,999 | 1,731 | 5.5% | 8.2% |
| $100,000 or more | 2,278 | 7.2% | 13.9% |
Shares are of the 31,747 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 14.0% 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 Plant City
| Metric | Plant City | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.551 | 0.552 |
| Male Median Income | $49,788 | $60,595 | $69,667 |
| Female Median Income | $43,331 | $50,762 | $56,850 |
| Gender Pay Gap | 13.0% | 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 Plant City, it is 0.536, 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 15% more than women's income in Plant City, Florida. Over a 35-year career, a 15% wage gap accumulates to roughly $225,995 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Plant City, Florida has widened from about 11% to 13% in 2024. Over that period the gap was widest at 22% in 2017, and was narrowest at 8% in 2011. In dollar terms, the gap has widened by $2,561 since 2009.
Against the trend: the pay gap in Plant City widened by 2.0 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Plant City | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.4% | 4.8% | 5.2% |
| Working from Home | 8.7% | 15.7% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 668 people are unemployed in Plant City, Florida.
The average commute time in Plant City is 22 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Plant City, Florida has fallen from 7.6% to 3.4% in 2024. Over that period the rate peaked at 11.6% in 2013.
Plant City was below the U.S. unemployment rate in 2011, rose above it by 2012, peaking at 3.7 points higher in 2016, then fell back below it by 2020. In 2024 its rate was 1.8 points lower.
Plant City, FL Wealth Compared With Nearby Cities
How Plant City, 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. |
|---|---|---|---|---|---|
| Plant City, FL | 39,357 | $65,504 #2/2 | 5.3%/yr #2/2 | 3.4% #1/2 | 0.536 #2/2 |
| Valrico, FL | 37,088 | $103,562 | 5.3%/yr | 3.5% | 0.535 |
Conclusion
Considering all these factors, Plant City, 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 Plant City, Florida.
How Rich Is Plant City, Florida?
Plant City 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 $65,504, about 12% lower than the Florida average of $74,580.
How fast is household income rising in Plant City, Florida?
Between 2009 and 2024, the median household income in Plant City, Florida rose 41%, from $46,509 to $65,504. Over the same years, income here lagged behind Florida as a whole: +41% against +57%.
What was the median household income in Plant City in 2023?
In 2023, the median household income in Plant City, Florida was $62,869, up 3% from $61,237 in 2022. The Florida median that year was $71,864.
What was the median household income in Plant City in 2020?
In 2020, the median household income in Plant City, Florida was $53,111. By 2024 it had risen 23% to $65,504.
Is it hard to find a job in Plant City, Florida?
Unemployment in Plant City, Florida is only 3.4%, 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 Plant City, Florida?
The Gini coefficient in Plant City is 0.536. 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 Plant City, Florida?
Since 2009, the income gap between men and women in Plant City, Florida has widened from about 11% to 13% in 2024. Over that period the gap was widest at 22% in 2017, and was narrowest at 8% in 2011. In dollar terms, the gap has widened by $2,561 since 2009.
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