University, Florida Income Statistics
University 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.
-
F
University Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | University | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $38,990 | $74,580 | $80,455 |
| Median Personal Income | $36,131 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.9% | 5.4% | 4.8% |
| Six-Figure Earners | 1.6% | 11.6% | 13.9% |
| $200k+ Households | 0.5% | 11.0% | 13.2% |
The median household income in University is about 48% lower than in Florida. Income has been growing faster in University (5.9%/yr) than in Florida (5.4%/yr).
About 2% of adults in University 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 University, Florida grew by 56.6% from 2009 to 2024, reaching $38,990 in 2024. That's an average of about 5.9% per year.
University has been far below the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2009, its income was 51% lower. The gap has held fairly steady over the period.
Income Distribution in University
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 1,711 households (8.9% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 45.0% of households in University had an income under $35,000 and 2.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., University has a larger share of households earning $35,000 to $49,999 (19.0% vs 10.1%) and a smaller share earning $200,000 or more (0.5% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 2,618 | 13.6% | 5.1% |
| $10,000 to $14,999 | 1,328 | 6.9% | 3.5% |
| $15,000 to $24,999 | 2,311 | 12.0% | 6.4% |
| $25,000 to $34,999 | 2,415 | 12.5% | 6.7% |
| $35,000 to $49,999 | 3,663 | 19.0% | 10.1% |
| $50,000 to $74,999 | 3,162 | 16.4% | 15.5% |
| $75,000 to $99,999 | 2,058 | 10.7% | 12.6% |
| $100,000 to $149,999 | 1,228 | 6.4% | 17.4% |
| $150,000 to $199,999 | 379 | 2.0% | 9.5% |
| $200,000 or more | 104 | 0.5% | 13.2% |
Shares are of all 19,265 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 618 residents (1.6% 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 1.9% of residents who have any income.
In 2024, 15.7% of University residents aged 15 and over reported no personal income, 41.8% had some income but less than $25,000, and 5.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., University has a larger share of residents earning $15,000 to $24,999 (15.8% vs 10.5%) and a smaller share earning $100,000 or more (1.6% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 6,091 | 15.7% | 12.8% |
| $1 to $9,999 | 6,324 | 16.3% | 11.2% |
| $10,000 to $14,999 | 3,790 | 9.7% | 7.0% |
| $15,000 to $24,999 | 6,161 | 15.8% | 10.5% |
| $25,000 to $34,999 | 5,389 | 13.9% | 9.5% |
| $35,000 to $49,999 | 6,281 | 16.1% | 12.6% |
| $50,000 to $74,999 | 2,928 | 7.5% | 14.3% |
| $75,000 to $99,999 | 1,318 | 3.4% | 8.2% |
| $100,000 or more | 618 | 1.6% | 13.9% |
Shares are of the 38,900 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 15.7% 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 University
| Metric | University | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.526 | 0.551 | 0.552 |
| Male Median Income | $38,920 | $60,595 | $69,667 |
| Female Median Income | $37,396 | $50,762 | $56,850 |
| Gender Pay Gap | 3.9% | 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 University, it is 0.526, 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 4% more than women's income in University, Florida. Over a 35-year career, a 4% wage gap accumulates to roughly $53,340 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in University, Florida has narrowed from about -8% to 4% in 2024. Over that period the gap was widest at 13% in 2018, and in 2010 women out-earned men by 8%. In dollar terms, the gap has widened by $3,579 since 2009.
Sharply against the trend: the pay gap in University widened by 11.5 points while Florida's narrowed by 2.5 points.
Employment
| Metric | University | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 4.8% | 5.2% |
| Working from Home | 12.1% | 15.7% | 15.0% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 1,218 people are unemployed in University, Florida.
The average commute time in University is 23 minutes, about the same as in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in University, Florida has fallen from 20.0% to 5.0% in 2024. Over that period the rate peaked at 20.0% in 2012.
University stayed above the U.S. unemployment rate from 2011 to 2023, starting 11.3 points higher, and dropped below it in the latest figures (2024), at 0.3 points lower.
University, FL Wealth Compared With Nearby Cities
University, FL is the largest of the 6 cities compared here, 45,630 residents against a local median of 32,806. University, FL's median household income, at $38,990, runs 49% below the $76,402 typical of the cities around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 5.9%/yr against a local median of 4.6%/yr, 29% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while median household income runs behind it, so University, FL is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread $49,682 on median household income, so University, FL sits at one end of an already wide local range rather than apart from it. University, FL has the 6th 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. |
|---|---|---|---|---|---|
| University, FL | 45,630 | $38,990 #6/6 | 5.9%/yr #2/6 | 5.0% #4/6 | 0.526 #3/6 |
| Lake Magdalene, FL | 31,109 | $76,402 | 4.6%/yr | 3.3% | 0.524 |
| Lutz, FL | 32,806 | $104,411 | 6.0%/yr | 3.4% | 0.543 |
| Temple Terrace, FL | 28,116 | $67,591 | 3.8%/yr | 5.1% | 0.528 |
| Carrollwood, FL | 37,566 | $84,172 | 3.9%/yr | 4.4% | 0.526 |
| Egypt Lake-Leto, FL | 35,150 | $54,729 | 4.9%/yr | 6.9% | 0.532 |
Conclusion
Considering all these factors, University, Florida has an overall wealth index grade of F, making it worse than Florida, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in University, Florida.
How Wealthy Is University, Florida?
University has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $38,990, about 48% lower than the Florida average of $74,580.
Are incomes growing in University, Florida?
Between 2009 and 2024, the median household income in University, Florida rose 57%, from $24,901 to $38,990. Over the same years, income here kept pace with Florida as a whole: +57% against +57%.
What was the median household income in University in 2023?
In 2023, the median household income in University, Florida was $37,344, up 6% from $35,160 in 2022. The Florida median that year was $71,864.
What was the median household income in University in 2020?
In 2020, the median household income in University, Florida was $29,521. By 2024 it had risen 32% to $38,990.
What is the Gini coefficient in University, Florida?
The Gini coefficient in University is 0.526. 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 University, Florida?
Since 2009, the income gap between men and women in University, Florida has narrowed from about -8% to 4% in 2024. Over that period the gap was widest at 13% in 2018, and in 2010 women out-earned men by 8%. In dollar terms, the gap has widened by $3,579 since 2009.
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