St. Petersburg, Florida Income Statistics
St. Petersburg 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.
-
B
St. Petersburg Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | St. Petersburg | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $75,015 | $74,580 | $80,455 |
| Median Personal Income | $57,759 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.6% | 5.4% | 4.8% |
| Six-Figure Earners | 14.8% | 11.6% | 13.9% |
| $200k+ Households | 12.2% | 11.0% | 13.2% |
The median household income in St. Petersburg is about 1% higher than in Florida. Income has been growing faster in St. Petersburg (5.6%/yr) than in Florida (5.4%/yr).
About 15% of adults in St. Petersburg 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 St. Petersburg, Florida grew by 71.7% from 2009 to 2024, reaching $75,015 in 2024. That's an average of about 5.6% per year.
St. Petersburg has stayed below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2022, at 5.4% lower. The gap has narrowed from 15% in 2009 to 6.8% in 2024.
Income Distribution in St. Petersburg
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 43,913 households (37.1% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 21.9% of households in St. Petersburg had an income under $35,000 and 20.6% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., St. Petersburg has a larger share of households earning $50,000 to $74,999 (17.4% vs 15.5%) and a smaller share earning $150,000 to $199,999 (8.3% vs 9.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 6,139 | 5.2% | 5.1% |
| $10,000 to $14,999 | 4,248 | 3.6% | 3.5% |
| $15,000 to $24,999 | 7,596 | 6.4% | 6.4% |
| $25,000 to $34,999 | 7,955 | 6.7% | 6.7% |
| $35,000 to $49,999 | 12,572 | 10.6% | 10.1% |
| $50,000 to $74,999 | 20,624 | 17.4% | 15.5% |
| $75,000 to $99,999 | 15,240 | 12.9% | 12.6% |
| $100,000 to $149,999 | 19,589 | 16.6% | 17.4% |
| $150,000 to $199,999 | 9,839 | 8.3% | 9.5% |
| $200,000 or more | 14,485 | 12.2% | 13.2% |
Shares are of all 118,288 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 33,537 residents (14.8% 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 16.4% of residents who have any income.
In 2024, 9.7% of St. Petersburg residents aged 15 and over reported no personal income, 27.4% had some income but less than $25,000, and 23.1% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., St. Petersburg has a larger share of residents earning $50,000 to $74,999 (16.2% vs 14.3%) and a smaller share with no personal income (9.7% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 22,005 | 9.7% | 12.8% |
| $1 to $9,999 | 21,254 | 9.4% | 11.2% |
| $10,000 to $14,999 | 15,610 | 6.9% | 7.0% |
| $15,000 to $24,999 | 25,177 | 11.1% | 10.5% |
| $25,000 to $34,999 | 22,900 | 10.1% | 9.5% |
| $35,000 to $49,999 | 30,716 | 13.5% | 12.6% |
| $50,000 to $74,999 | 36,784 | 16.2% | 14.3% |
| $75,000 to $99,999 | 18,745 | 8.3% | 8.2% |
| $100,000 or more | 33,537 | 14.8% | 13.9% |
Shares are of the 226,727 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 9.7% 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 St. Petersburg
| Metric | St. Petersburg | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.523 | 0.551 | 0.552 |
| Male Median Income | $65,620 | $60,595 | $69,667 |
| Female Median Income | $58,843 | $50,762 | $56,850 |
| Gender Pay Gap | 10.3% | 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 St. Petersburg, it is 0.523, 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 12% more than women's income in St. Petersburg, Florida. Over a 35-year career, a 12% wage gap accumulates to roughly $237,195 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in St. Petersburg, Florida has narrowed from about 16% to 10% in 2024. Over that period the gap was widest at 17% in 2011. In dollar terms, the gap has widened by $327 since 2009.
Employment
| Metric | St. Petersburg | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 4.8% | 5.2% |
| Working from Home | 21.2% | 15.7% | 15.0% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 6,668 people are unemployed in St. Petersburg, Florida.
The average commute time in St. Petersburg is 21 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in St. Petersburg, Florida has fallen from 9.5% to 4.6% in 2024. Over that period the rate peaked at 11.6% in 2013 and fell as low as 4.6% in 2022.
St. Petersburg started 0.8 points above the U.S. unemployment rate in 2011 but had dropped below it by 2017, and has not been above it since. In 2024 its rate was 0.6 points lower.
Conclusion
Considering all these factors, St. Petersburg, 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 St. Petersburg, Florida.
How Rich Is St. Petersburg, Florida?
St. Petersburg 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 $75,015, about 1% higher than the Florida average of $74,580.
How has median household income changed in St. Petersburg, Florida?
Between 2009 and 2024, the median household income in St. Petersburg, Florida rose 72%, from $43,677 to $75,015. Over the same years, income here outpaced Florida as a whole: +72% against +57%.
What was the median household income in St. Petersburg in 2023?
In 2023, the median household income in St. Petersburg, Florida was $73,144, up 4% from $70,484 in 2022. The Florida median that year was $71,864.
What was the median household income in St. Petersburg in 2020?
In 2020, the median household income in St. Petersburg, Florida was $60,692. By 2024 it had risen 24% to $75,015.
What is the Gini coefficient in St. Petersburg, Florida?
The Gini coefficient in St. Petersburg is 0.523. 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 St. Petersburg, Florida?
Since 2009, the income gap between men and women in St. Petersburg, Florida has narrowed from about 16% to 10% in 2024. Over that period the gap was widest at 17% in 2011. In dollar terms, the gap has widened by $327 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →