Sanford, Florida Income Statistics
Sanford 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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D
Sanford Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Sanford | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,598 | $74,580 | $80,455 |
| Median Personal Income | $46,946 | $52,322 | $60,758 |
| Average Yearly Income Growth | 6.0% | 5.4% | 4.8% |
| Six-Figure Earners | 6.7% | 11.6% | 13.9% |
| $200k+ Households | 6.1% | 11.0% | 13.2% |
The median household income in Sanford is about 12% lower than in Florida. Income has been growing faster in Sanford (6.0%/yr) than in Florida (5.4%/yr).
About 7% of adults in Sanford 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 Sanford, Florida grew by 55.3% from 2009 to 2024, reaching $65,598 in 2024. That's an average of about 6.0% per year.
Sanford has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2009, at 17% lower. The gap has held fairly steady over the period.
Income Distribution in Sanford
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 6,130 households (29.4% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 24.1% of households in Sanford had an income under $35,000 and 12.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Sanford has a larger share of households earning $50,000 to $74,999 (20.5% vs 15.5%) and a smaller share earning $200,000 or more (6.1% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 973 | 4.7% | 5.1% |
| $10,000 to $14,999 | 682 | 3.3% | 3.5% |
| $15,000 to $24,999 | 1,830 | 8.8% | 6.4% |
| $25,000 to $34,999 | 1,535 | 7.4% | 6.7% |
| $35,000 to $49,999 | 2,576 | 12.3% | 10.1% |
| $50,000 to $74,999 | 4,280 | 20.5% | 15.5% |
| $75,000 to $99,999 | 2,860 | 13.7% | 12.6% |
| $100,000 to $149,999 | 3,543 | 17.0% | 17.4% |
| $150,000 to $199,999 | 1,315 | 6.3% | 9.5% |
| $200,000 or more | 1,272 | 6.1% | 13.2% |
Shares are of all 20,865 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 2,931 residents (6.7% 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 7.7% of residents who have any income.
In 2024, 13.1% of Sanford residents aged 15 and over reported no personal income, 28.9% had some income but less than $25,000, and 13.3% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Sanford has a larger share of residents earning $25,000 to $34,999 (12.7% vs 9.5%) and a smaller share earning $100,000 or more (6.7% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 5,759 | 13.1% | 12.8% |
| $1 to $9,999 | 3,836 | 8.7% | 11.2% |
| $10,000 to $14,999 | 3,575 | 8.1% | 7.0% |
| $15,000 to $24,999 | 5,280 | 12.0% | 10.5% |
| $25,000 to $34,999 | 5,581 | 12.7% | 9.5% |
| $35,000 to $49,999 | 6,648 | 15.1% | 12.6% |
| $50,000 to $74,999 | 7,395 | 16.8% | 14.3% |
| $75,000 to $99,999 | 2,888 | 6.6% | 8.2% |
| $100,000 or more | 2,931 | 6.7% | 13.9% |
Shares are of the 43,893 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 13.1% 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 Sanford
| Metric | Sanford | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.512 | 0.551 | 0.552 |
| Male Median Income | $53,759 | $60,595 | $69,667 |
| Female Median Income | $47,752 | $50,762 | $56,850 |
| Gender Pay Gap | 11.2% | 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 Sanford, it is 0.512, 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 13% more than women's income in Sanford, Florida. Over a 35-year career, a 13% wage gap accumulates to roughly $210,245 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sanford, Florida has narrowed from about 20% to 11% in 2024. Over that period the gap was narrowest at 10% in 2023. In dollar terms, the gap has narrowed by $1,400 since 2009.
Employment
| Metric | Sanford | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 4.8% | 5.2% |
| Working from Home | 18.7% | 15.7% | 15.0% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 1,263 people are unemployed in Sanford, Florida.
The average commute time in Sanford is 21 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sanford, Florida has fallen from 11.7% to 4.5% in 2024. Over that period the rate peaked at 14.7% in 2013.
Sanford started 3.0 points above the U.S. unemployment rate in 2011 but had dropped below it by 2023, and has not been above it since. In 2024 its rate was 0.8 points lower.
Sanford, FL Wealth Compared With Nearby Cities
Sanford, FL is the largest of the 4 cities compared here, 52,563 residents against a local median of 23,279. Where Sanford, FL breaks from the cities next to it is median household income, sitting 27% below the local median of $90,363 at $65,598. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 6.0%/yr against a local median of 7.9%/yr, 24% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Sanford, FL reads weaker than its neighbours on all of them. The cities themselves sit within $3,370 of each other on median household income, a tighter band than the gap between any of them and Sanford, FL, which makes it a genuine outlier here rather than one end of a wide local spread. Sanford, FL has the 4th highest median household income of the 4 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. |
|---|---|---|---|---|---|
| Sanford, FL | 52,563 | $65,598 #4/4 | 6.0%/yr #3/4 | 4.5% #4/4 | 0.512 #3/4 |
| Midway, FL | 671 | $93,396 | 13.5%/yr | 1.1% | 0.504 |
| Winter Springs, FL | 33,252 | $90,363 | 4.5%/yr | 3.8% | 0.527 |
| DeBary, FL | 23,279 | $90,026 | 7.9%/yr | 4.4% | 0.510 |
Conclusion
Considering all these factors, Sanford, Florida has an overall wealth index grade of D, making it about on par with Florida, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Sanford, Florida.
How Rich Is Sanford, Florida?
Sanford 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 $65,598, about 12% lower than the Florida average of $74,580.
How has median household income changed in Sanford, Florida?
Between 2009 and 2024, the median household income in Sanford, Florida rose 55%, from $42,247 to $65,598. Over the same years, income here lagged behind Florida as a whole: +55% against +57%.
What was the median household income in Sanford in 2023?
In 2023, the median household income in Sanford, Florida was $61,153, up 5% from $58,053 in 2022. The Florida median that year was $71,864.
What was the median household income in Sanford in 2020?
In 2020, the median household income in Sanford, Florida was $52,070. By 2024 it had risen 26% to $65,598.
What is the Gini coefficient in Sanford, Florida?
The Gini coefficient in Sanford is 0.512. 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 Sanford, Florida?
Since 2009, the income gap between men and women in Sanford, Florida has narrowed from about 20% to 11% in 2024. Over that period the gap was narrowest at 10% in 2023. In dollar terms, the gap has narrowed by $1,400 since 2009.
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