Tarpon Springs, Florida Income Statistics
Tarpon Springs 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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C
Tarpon Springs Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Tarpon Springs | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,750 | $74,580 | $80,455 |
| Median Personal Income | $55,287 | $52,322 | $60,758 |
| Average Yearly Income Growth | 7.0% | 5.4% | 4.8% |
| Six-Figure Earners | 12.3% | 11.6% | 13.9% |
| $200k+ Households | 12.7% | 11.0% | 13.2% |
The median household income in Tarpon Springs is about 3% higher than in Florida. Income has been growing faster in Tarpon Springs (7.0%/yr) than in Florida (5.4%/yr).
About 12% of adults in Tarpon Springs 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 Tarpon Springs, Florida grew by 69.3% from 2009 to 2024, reaching $76,750 in 2024. That's an average of about 7.0% per year.
Tarpon Springs has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has narrowed from 11% in 2009 to 4.6% in 2024, the closest it has been.
Income Distribution in Tarpon Springs
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 3,811 households (39.4% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 21.1% of households in Tarpon Springs had an income under $35,000 and 18.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Tarpon Springs has a larger share of households earning $35,000 to $49,999 (14.4% vs 10.1%) and a smaller share earning $150,000 to $199,999 (5.7% vs 9.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 413 | 4.3% | 5.1% |
| $10,000 to $14,999 | 366 | 3.8% | 3.5% |
| $15,000 to $24,999 | 510 | 5.3% | 6.4% |
| $25,000 to $34,999 | 749 | 7.7% | 6.7% |
| $35,000 to $49,999 | 1,389 | 14.4% | 10.1% |
| $50,000 to $74,999 | 1,332 | 13.8% | 15.5% |
| $75,000 to $99,999 | 1,103 | 11.4% | 12.6% |
| $100,000 to $149,999 | 2,037 | 21.1% | 17.4% |
| $150,000 to $199,999 | 548 | 5.7% | 9.5% |
| $200,000 or more | 1,225 | 12.7% | 13.2% |
Shares are of all 9,673 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 2,298 residents (12.3% 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 13.6% of residents who have any income.
In 2024, 9.7% of Tarpon Springs residents aged 15 and over reported no personal income, 26.5% had some income but less than $25,000, and 21.1% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Tarpon Springs has a larger share of residents earning $10,000 to $14,999 (9.9% vs 7.0%) and a smaller share earning $1 to $9,999 (6.5% vs 11.2%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 1,811 | 9.7% | 12.8% |
| $1 to $9,999 | 1,219 | 6.5% | 11.2% |
| $10,000 to $14,999 | 1,855 | 9.9% | 7.0% |
| $15,000 to $24,999 | 1,873 | 10.0% | 10.5% |
| $25,000 to $34,999 | 2,198 | 11.8% | 9.5% |
| $35,000 to $49,999 | 2,737 | 14.7% | 12.6% |
| $50,000 to $74,999 | 3,026 | 16.2% | 14.3% |
| $75,000 to $99,999 | 1,640 | 8.8% | 8.2% |
| $100,000 or more | 2,298 | 12.3% | 13.9% |
Shares are of the 18,658 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 Tarpon Springs
| Metric | Tarpon Springs | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.508 | 0.551 | 0.552 |
| Male Median Income | $64,616 | $60,595 | $69,667 |
| Female Median Income | $52,378 | $50,762 | $56,850 |
| Gender Pay Gap | 18.9% | 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 Tarpon Springs, it is 0.508, 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 23% more than women's income in Tarpon Springs, Florida. Over a 35-year career, a 23% wage gap accumulates to roughly $428,330 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tarpon Springs, Florida has narrowed from about 30% to 19% in 2024. Over that period the gap was widest at 31% in 2010, and in 2022 women out-earned men by 1%. In dollar terms, the gap has narrowed by $3,059 since 2009.
Employment
| Metric | Tarpon Springs | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 4.8% | 5.2% |
| Working from Home | 21.5% | 15.7% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 385 people are unemployed in Tarpon Springs, Florida.
The average commute time in Tarpon Springs is 30 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tarpon Springs, Florida has fallen from 12.3% to 3.8% in 2024. Over that period the rate peaked at 13.3% in 2014.
Tarpon Springs started 3.6 points above the U.S. unemployment rate in 2011 but had dropped below it by 2022, and has not been above it since. In 2024 its rate was 1.4 points lower.
Tarpon Springs, FL Wealth Compared With Nearby Cities
How Tarpon Springs, FL compares with the 2 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. |
|---|---|---|---|---|---|
| Tarpon Springs, FL | 20,755 | $76,750 #2/3 | 7.0%/yr #1/3 | 3.8% #2/3 | 0.508 #2/3 |
| Holiday, FL | 22,615 | $47,111 | 4.6%/yr | 4.8% | 0.505 |
| Palm Harbor, FL | 57,735 | $79,658 | 4.8%/yr | 3.4% | 0.529 |
Conclusion
Considering all these factors, Tarpon Springs, Florida has an overall wealth index grade of C, making it about on par with Florida, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Tarpon Springs, Florida.
How Rich Is Tarpon Springs, Florida?
Tarpon Springs has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $76,750, about 3% higher than the Florida average of $74,580.
How has median household income changed in Tarpon Springs, Florida?
Between 2009 and 2024, the median household income in Tarpon Springs, Florida rose 69%, from $45,341 to $76,750. Over the same years, income here outpaced Florida as a whole: +69% against +57%.
What was the median household income in Tarpon Springs in 2023?
In 2023, the median household income in Tarpon Springs, Florida was $69,297, up 10% from $62,901 in 2022. The Florida median that year was $71,864.
What was the median household income in Tarpon Springs in 2020?
In 2020, the median household income in Tarpon Springs, Florida was $52,330. By 2024 it had risen 47% to $76,750.
What is the Gini coefficient in Tarpon Springs, Florida?
The Gini coefficient in Tarpon Springs is 0.508. 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 Tarpon Springs, Florida?
Since 2009, the income gap between men and women in Tarpon Springs, Florida has narrowed from about 30% to 19% in 2024. Over that period the gap was widest at 31% in 2010, and in 2022 women out-earned men by 1%. In dollar terms, the gap has narrowed by $3,059 since 2009.
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