Sumter County, Florida Income Statistics
Sumter 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.
-
D
Sumter County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Sumter County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,563 | $74,580 | $80,455 |
| Median Personal Income | $49,837 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.9% | 5.4% | 4.8% |
| Six-Figure Earners | 11.8% | 11.6% | 13.9% |
| $200k+ Households | 8.3% | 11.0% | 13.2% |
The median household income in Sumter County is about 3% higher than in Florida. Income has been growing slower in Sumter County (4.9%/yr) than in Florida (5.4%/yr).
About 12% of adults in Sumter County earn six figures ($100,000 or more) a year, about the same as the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Sumter County, Florida grew by 87.3% from 2009 to 2024, reaching $76,563 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Sumter County
| Metric | Sumter County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.516 | 0.551 | 0.552 |
| Male Median Income | $59,184 | $60,595 | $69,667 |
| Female Median Income | $47,728 | $50,762 | $56,850 |
| Gender Pay Gap | 19.4% | 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 Sumter County, it is 0.516, 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 24% more than women's income in Sumter County, Florida. Over a 35-year career, a 24% wage gap accumulates to roughly $400,960 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Sumter County, Florida has stayed about the same since 2009, at around 19%. Over that period the gap was widest at 25% in 2012, and was narrowest at 11% in 2018. In dollar terms, the gap has widened by $4,270 since 2009.
Employment
| Metric | Sumter County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 4.8% | 5.2% |
| Working from Home | 13.9% | 15.7% | 15.0% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 1,890 people are unemployed in Sumter County, Florida.
The average commute time in Sumter County is 23 minutes, about the same as in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sumter County, Florida has fallen from 11.2% to 5.4% in 2024. Over that period the rate peaked at 13.2% in 2013 and fell as low as 3.7% in 2019.
Sumter County, FL Wealth Compared With Nearby Counties
Sumter County, FL is the smallest of the 6 counties compared here, 143,408 residents against a local median of 400,073. Nothing separates Sumter County, FL sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median household income, 14% above the local median at $76,563 against $66,909. Sumter County, FL has the highest median household income 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. |
|---|---|---|---|---|---|
| Sumter County, FL | 143,408 | $76,563 #1/6 | 4.9%/yr #5/6 | 5.4% #5/6 | 0.516 #1/6 |
| Lake County, FL | 412,915 | $73,226 | 5.6%/yr | 5.0% | 0.526 |
| Hernando County, FL | 207,007 | $66,909 | 5.9%/yr | 5.3% | 0.522 |
| Marion County, FL | 400,073 | $61,094 | 5.3%/yr | 4.8% | 0.530 |
| Citrus County, FL | 162,471 | $56,112 | 4.6%/yr | 6.3% | 0.543 |
| Pasco County, FL | 611,333 | $70,925 | 5.5%/yr | 4.9% | 0.540 |
Conclusion
Considering all these factors, Sumter County, 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 Sumter County, Florida.
How Rich Is Sumter County, Florida?
Sumter 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 $76,563, about 3% higher than the Florida average of $74,580.
Are incomes growing in Sumter County, Florida?
Between 2009 and 2024, the median household income in Sumter County, Florida rose 87%, from $40,886 to $76,563. Over the same years, income here outpaced Florida as a whole: +87% against +57%.
What was the median household income in Sumter County in 2023?
In 2023, the median household income in Sumter County, Florida was $73,368, up 5% from $70,043 in 2022. The Florida median that year was $71,864.
What was the median household income in Sumter County in 2020?
In 2020, the median household income in Sumter County, Florida was $59,722. By 2024 it had risen 28% to $76,563.
What is the Gini coefficient in Sumter County, Florida?
The Gini coefficient in Sumter County is 0.516. 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 Sumter County, Florida?
The income gap between men and women in Sumter County, Florida has stayed about the same since 2009, at around 19%. Over that period the gap was widest at 25% in 2012, and was narrowest at 11% in 2018. In dollar terms, the gap has widened by $4,270 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 →