South Bradenton, Florida Income Statistics
South Bradenton 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
South Bradenton Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | South Bradenton | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,973 | $74,580 | $80,455 |
| Median Personal Income | $41,399 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.8% | 5.4% | 4.8% |
| Six-Figure Earners | 4.9% | 11.6% | 13.9% |
| $200k+ Households | 2.7% | 11.0% | 13.2% |
The median household income in South Bradenton is about 33% lower than in Florida. Income has been growing faster in South Bradenton (5.8%/yr) than in Florida (5.4%/yr).
About 5% of adults in South Bradenton 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 South Bradenton, Florida grew by 50.0% from 2009 to 2024, reaching $49,973 in 2024. That's an average of about 5.8% per year.
South Bradenton has been far below the U.S. median household income in every year from 2009 to 2024. The gap has widened from 35% in 2009, the closest it has been, to 38% in 2024.
Income Distribution in South Bradenton
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 2,175 households (18.4% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 35.2% of households in South Bradenton had an income under $35,000 and 5.9% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., South Bradenton has a larger share of households earning $25,000 to $34,999 (13.6% vs 6.7%) and a smaller share earning $200,000 or more (2.7% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 684 | 5.8% | 5.1% |
| $10,000 to $14,999 | 616 | 5.2% | 3.5% |
| $15,000 to $24,999 | 1,250 | 10.6% | 6.4% |
| $25,000 to $34,999 | 1,611 | 13.6% | 6.7% |
| $35,000 to $49,999 | 1,747 | 14.8% | 10.1% |
| $50,000 to $74,999 | 2,417 | 20.5% | 15.5% |
| $75,000 to $99,999 | 1,309 | 11.1% | 12.6% |
| $100,000 to $149,999 | 1,474 | 12.5% | 17.4% |
| $150,000 to $199,999 | 384 | 3.3% | 9.5% |
| $200,000 or more | 317 | 2.7% | 13.2% |
Shares are of all 11,809 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 1,126 residents (4.9% 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 5.3% of residents who have any income.
In 2024, 8.8% of South Bradenton residents aged 15 and over reported no personal income, 37.7% had some income but less than $25,000, and 8.8% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., South Bradenton has a larger share of residents earning $25,000 to $34,999 (16.2% vs 9.5%) and a smaller share earning $100,000 or more (4.9% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,027 | 8.8% | 12.8% |
| $1 to $9,999 | 3,041 | 13.2% | 11.2% |
| $10,000 to $14,999 | 2,127 | 9.2% | 7.0% |
| $15,000 to $24,999 | 3,557 | 15.4% | 10.5% |
| $25,000 to $34,999 | 3,745 | 16.2% | 9.5% |
| $35,000 to $49,999 | 3,385 | 14.6% | 12.6% |
| $50,000 to $74,999 | 3,209 | 13.9% | 14.3% |
| $75,000 to $99,999 | 898 | 3.9% | 8.2% |
| $100,000 or more | 1,126 | 4.9% | 13.9% |
Shares are of the 23,115 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 8.8% 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 South Bradenton
| Metric | South Bradenton | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.502 | 0.551 | 0.552 |
| Male Median Income | $47,873 | $60,595 | $69,667 |
| Female Median Income | $43,073 | $50,762 | $56,850 |
| Gender Pay Gap | 10.0% | 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 South Bradenton, it is 0.502, 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 11% more than women's income in South Bradenton, Florida. Over a 35-year career, a 11% wage gap accumulates to roughly $168,000 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in South Bradenton, Florida has narrowed from about 12% to 10% in 2024. Over that period the gap was widest at 21% in 2022, and was narrowest at 3% in 2017. In dollar terms, the gap has widened by $988 since 2009.
Employment
| Metric | South Bradenton | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 4.8% | 5.2% |
| Working from Home | 4.2% | 15.7% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 706 people are unemployed in South Bradenton, Florida.
The average commute time in South Bradenton is 22 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in South Bradenton, Florida has fallen from 14.1% to 5.1% in 2024. Over that period the rate peaked at 15.6% in 2013.
South Bradenton stayed above the U.S. unemployment rate from 2011 to 2023, starting 5.4 points higher, and dropped below it in the latest figures (2024), at 0.1 points lower.
South Bradenton, FL Wealth Compared With Nearby Cities
How South Bradenton, 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. |
|---|---|---|---|---|---|
| South Bradenton, FL | 26,643 | $49,973 #2/2 | 5.8%/yr #1/2 | 5.1% #1/2 | 0.502 #1/2 |
| Bradenton, FL | 52,171 | $60,902 | 4.6%/yr | 6.0% | 0.523 |
Conclusion
Considering all these factors, South Bradenton, 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 South Bradenton, Florida.
How Rich Is South Bradenton, Florida?
South Bradenton 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 $49,973, about 33% lower than the Florida average of $74,580.
How fast is household income rising in South Bradenton, Florida?
Between 2009 and 2024, the median household income in South Bradenton, Florida rose 50%, from $33,323 to $49,973. Over the same years, income here lagged behind Florida as a whole: +50% against +57%.
What was the median household income in South Bradenton in 2023?
In 2023, the median household income in South Bradenton, Florida was $48,598, up 8% from $45,048 in 2022. The Florida median that year was $71,864.
What was the median household income in South Bradenton in 2020?
In 2020, the median household income in South Bradenton, Florida was $39,466. By 2024 it had risen 27% to $49,973.
What is the Gini coefficient in South Bradenton, Florida?
The Gini coefficient in South Bradenton is 0.502. 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 South Bradenton, Florida?
Since 2009, the income gap between men and women in South Bradenton, Florida has narrowed from about 12% to 10% in 2024. Over that period the gap was widest at 21% in 2022, and was narrowest at 3% in 2017. In dollar terms, the gap has widened by $988 since 2009.
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