Plantation, Florida Income Statistics
Plantation 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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B
Plantation Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Plantation | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $92,972 | $74,580 | $80,455 |
| Median Personal Income | $57,428 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.2% | 5.4% | 4.8% |
| Six-Figure Earners | 16.8% | 11.6% | 13.9% |
| $200k+ Households | 17.5% | 11.0% | 13.2% |
The median household income in Plantation is about 25% higher than in Florida. Income has been growing slower in Plantation (4.2%/yr) than in Florida (5.4%/yr).
About 17% of adults in Plantation earn six figures ($100,000 or more) a year, higher than the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Plantation, Florida grew by 42.1% from 2009 to 2024, reaching $92,972 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Plantation
| Metric | Plantation | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.542 | 0.551 | 0.552 |
| Male Median Income | $67,327 | $60,595 | $69,667 |
| Female Median Income | $56,845 | $50,762 | $56,850 |
| Gender Pay Gap | 15.6% | 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 Plantation, it is 0.542, 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 Plantation, Florida. Over a 35-year career, a 18% wage gap accumulates to roughly $366,870 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Plantation, Florida has narrowed from about 20% to 16% in 2024. Over that period the gap was widest at 21% in 2010, and was narrowest at 11% in 2022. In dollar terms, the gap has widened by $12 since 2009.
Employment
| Metric | Plantation | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 4.8% | 5.2% |
| Working from Home | 17.6% | 15.7% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 2,189 people are unemployed in Plantation, Florida.
The average commute time in Plantation is 25 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Plantation, Florida has fallen from 7.7% to 4.0% in 2024. Over that period the rate peaked at 8.5% in 2013.
Plantation, FL Wealth Compared With Nearby Cities
Plantation, FL is typical in size for this group, 96,427 residents against a local median of 86,417, so the measures below are close to a like for like comparison. The measure that sets Plantation, FL apart most is unemployment: 4.0%, 43% below the local median of 7.1%. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $92,972 against a local median of $65,062, 43% above it. Every measure here with a clear better direction points the same way, so Plantation, FL is not trading one advantage for another, it reads stronger than its neighbours across the board. The cities themselves spread 3.6% on unemployment, so Plantation, FL sits at one end of an already wide local range rather than apart from it. Plantation, FL has the lowest unemployment of the 5 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. |
|---|---|---|---|---|---|
| Plantation, FL | 96,427 | $92,972 #1/5 | 4.2%/yr #3/5 | 4.0% #1/5 | 0.542 #4/5 |
| Sunrise, FL | 98,854 | $79,176 | 5.6%/yr | 4.9% | 0.529 |
| Lauderhill, FL | 73,979 | $50,949 | 3.8%/yr | 8.5% | 0.533 |
| Davie, FL | 105,718 | $85,749 | 4.0%/yr | 5.8% | 0.563 |
| Lauderdale Lakes, FL | 35,781 | $50,621 | 4.7%/yr | 8.5% | 0.541 |
Conclusion
Considering all these factors, Plantation, Florida has an overall wealth index grade of B, making it somewhat better than Florida, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Plantation, Florida.
How Rich Is Plantation, Florida?
Plantation has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $92,972, about 25% higher than the Florida average of $74,580.
How has median household income changed in Plantation, Florida?
Between 2009 and 2024, the median household income in Plantation, Florida rose 42%, from $65,447 to $92,972. Over the same years, income here lagged behind Florida as a whole: +42% against +57%.
What was the median household income in Plantation in 2023?
In 2023, the median household income in Plantation, Florida was $87,405, up 5% from $83,388 in 2022. The Florida median that year was $71,864.
What was the median household income in Plantation in 2020?
In 2020, the median household income in Plantation, Florida was $75,275. By 2024 it had risen 24% to $92,972.
How many people earn six figures in Plantation, Florida?
Yes. 17% of adults in Plantation, Florida earn $100,000 or more a year (about 1 in 6), against 12% (about 1 in 9) in Florida. 17% of households have a combined income of $200,000 or more, compared with 11% in Florida.
What is the Gini coefficient in Plantation, Florida?
The Gini coefficient in Plantation is 0.542. 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 Plantation, Florida?
Since 2009, the income gap between men and women in Plantation, Florida has narrowed from about 20% to 16% in 2024. Over that period the gap was widest at 21% in 2010, and was narrowest at 11% in 2022. In dollar terms, the gap has widened by $12 since 2009.
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