Putnam County, Florida Income Statistics
Putnam 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
Putnam County Well below averageLess wealthy than 77% of counties in Florida
Source: Map AI Methodology
Income Statistics Overview
| Metric | Putnam County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $48,004 | $74,580 | $80,455 |
| Median Personal Income | $43,588 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.8% | 5.4% | 4.8% |
| Six-Figure Earners | 5.4% | 11.6% | 13.9% |
| $200k+ Households | 4.1% | 11.0% | 13.2% |
The median household income in Putnam County is about 36% lower than in Florida. Income has been growing slower in Putnam County (4.8%/yr) than in Florida (5.4%/yr).
About 5% of adults in Putnam 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 Putnam County, Florida grew by 41.8% from 2009 to 2024, reaching $48,004 in 2024. That's an average of about 4.8% per year.
Income Inequality and the Gender Pay Gap in Putnam County
| Metric | Putnam County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.549 | 0.551 | 0.552 |
| Male Median Income | $49,832 | $60,595 | $69,667 |
| Female Median Income | $43,926 | $50,762 | $56,850 |
| Gender Pay Gap | 11.9% | 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 Putnam County, it is 0.549, about the same as Florida's 0.551, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 13% more than women's income in Putnam County, Florida. Over a 35-year career, a 13% wage gap accumulates to roughly $206,710 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Putnam County, Florida has narrowed from about 27% to 12% in 2024. In dollar terms, the gap has narrowed by $4,404 since 2009.
Employment
| Metric | Putnam County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.4% | 4.8% | 5.2% |
| Working from Home | 9.8% | 15.7% | 15.0% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 2,136 people are unemployed in Putnam County, Florida.
The average commute time in Putnam County is 27 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Putnam County, Florida has fallen from 12.7% to 7.4% in 2024. Over that period the rate peaked at 14.1% in 2013 and fell as low as 7.1% in 2023.
Putnam County, FL Wealth Compared With Nearby Counties
Putnam County, FL is the 5th largest of the 6 counties compared here, 75,164 residents against a local median of 225,443. Where Putnam County, FL breaks from the counties next to it is unemployment, sitting 70% above the local median of 4.3% at 7.4%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $48,004 against a local median of $77,522, 38% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Putnam County, FL reads weaker than its neighbours on all of them. The counties themselves sit within 1.5% of each other on unemployment, a tighter band than the gap between any of them and Putnam County, FL, which makes it a genuine outlier here rather than one end of a wide local spread. Putnam County, FL has the 6th 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. |
|---|---|---|---|---|---|
| Putnam County, FL | 75,164 | $48,004 #6/6 | 4.8%/yr #6/6 | 7.4% #6/6 | 0.549 #5/6 |
| Clay County, FL | 225,443 | $88,122 | 5.1%/yr | 3.7% | 0.535 |
| St. Johns County, FL | 306,934 | $110,606 | 5.8%/yr | 3.3% | 0.539 |
| Flagler County, FL | 126,528 | $77,522 | 6.0%/yr | 4.3% | 0.538 |
| Marion County, FL | 400,073 | $61,094 | 5.3%/yr | 4.8% | 0.530 |
| Bradford County, FL | 27,885 | $62,931 | 5.0%/yr | 4.7% | 0.590 |
Conclusion
Considering all these factors, Putnam 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 Putnam County, Florida.
How Rich Is Putnam County, Florida?
Putnam 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 $48,004, about 36% lower than the Florida average of $74,580.
How has median household income changed in Putnam County, Florida?
Between 2009 and 2024, the median household income in Putnam County, Florida rose 42%, from $33,860 to $48,004. Over the same years, income here lagged behind Florida as a whole: +42% against +57%.
What was the median household income in Putnam County in 2023?
In 2023, the median household income in Putnam County, Florida was $47,051, up 5% from $44,871 in 2022. The Florida median that year was $71,864.
What was the median household income in Putnam County in 2020?
In 2020, the median household income in Putnam County, Florida was $40,078. By 2024 it had risen 20% to $48,004.
Is it hard to find a job in Putnam County, Florida?
Unemployment in Putnam County, Florida is 7.4%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Putnam County, Florida?
The Gini coefficient in Putnam County is 0.549. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Putnam County, Florida?
Since 2009, the income gap between men and women in Putnam County, Florida has narrowed from about 27% to 12% in 2024. In dollar terms, the gap has narrowed by $4,404 since 2009.
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