Valrico, Florida Income Statistics
Valrico 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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B
Valrico Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Valrico | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $103,562 | $74,580 | $80,455 |
| Median Personal Income | $60,469 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.4% | 4.8% |
| Six-Figure Earners | 14.8% | 11.6% | 13.9% |
| $200k+ Households | 14.6% | 11.0% | 13.2% |
The median household income in Valrico is about 39% higher than in Florida. Income has been growing slower in Valrico (5.3%/yr) than in Florida (5.4%/yr).
About 15% of adults in Valrico 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 Valrico, Florida grew by 37.0% from 2009 to 2024, reaching $103,562 in 2024. That's an average of about 5.3% per year.
Valrico has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2020, at 16% higher. The gap has narrowed from 48% in 2009 to 29% in 2024.
Income Distribution in Valrico
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 6,892 households (51.6% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 15.1% of households in Valrico had an income under $35,000 and 28.9% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Valrico has a larger share of households earning $100,000 to $149,999 (22.7% vs 17.4%) and a smaller share earning $50,000 to $74,999 (11.2% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 588 | 4.4% | 5.1% |
| $10,000 to $14,999 | 281 | 2.1% | 3.5% |
| $15,000 to $24,999 | 470 | 3.5% | 6.4% |
| $25,000 to $34,999 | 671 | 5.0% | 6.7% |
| $35,000 to $49,999 | 1,154 | 8.6% | 10.1% |
| $50,000 to $74,999 | 1,493 | 11.2% | 15.5% |
| $75,000 to $99,999 | 1,803 | 13.5% | 12.6% |
| $100,000 to $149,999 | 3,034 | 22.7% | 17.4% |
| $150,000 to $199,999 | 1,915 | 14.3% | 9.5% |
| $200,000 or more | 1,943 | 14.6% | 13.2% |
Shares are of all 13,351 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 4,584 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 16.8% of residents who have any income.
In 2024, 11.9% of Valrico residents aged 15 and over reported no personal income, 24.6% had some income but less than $25,000, and 24.3% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Valrico has a larger share of residents earning $25,000 to $34,999 (12.4% vs 9.5%) and a smaller share earning $15,000 to $24,999 (9.1% vs 10.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,685 | 11.9% | 12.8% |
| $1 to $9,999 | 3,103 | 10.0% | 11.2% |
| $10,000 to $14,999 | 1,717 | 5.5% | 7.0% |
| $15,000 to $24,999 | 2,818 | 9.1% | 10.5% |
| $25,000 to $34,999 | 3,856 | 12.4% | 9.5% |
| $35,000 to $49,999 | 3,819 | 12.3% | 12.6% |
| $50,000 to $74,999 | 4,452 | 14.4% | 14.3% |
| $75,000 to $99,999 | 2,961 | 9.6% | 8.2% |
| $100,000 or more | 4,584 | 14.8% | 13.9% |
Shares are of the 30,996 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 11.9% 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 Valrico
| Metric | Valrico | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.535 | 0.551 | 0.552 |
| Male Median Income | $73,374 | $60,595 | $69,667 |
| Female Median Income | $58,738 | $50,762 | $56,850 |
| Gender Pay Gap | 19.9% | 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 Valrico, it is 0.535, 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 25% more than women's income in Valrico, Florida. Over a 35-year career, a 25% wage gap accumulates to roughly $512,260 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Valrico, Florida has narrowed from about 30% to 20% in 2024. Over that period the gap was widest at 31% in 2010. In dollar terms, the gap has narrowed by $3,625 since 2009.
Employment
| Metric | Valrico | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 4.8% | 5.2% |
| Working from Home | 23.4% | 15.7% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 699 people are unemployed in Valrico, Florida.
The average commute time in Valrico is 30 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Valrico, Florida has fallen from 6.3% to 3.5% in 2024. Over that period the rate peaked at 7.6% in 2013.
Valrico has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2019, at 0.8 points lower. The gap has narrowed from 2.4 points in 2011 to 1.7 points in 2024.
Valrico, FL Wealth Compared With Nearby Cities
Valrico, FL is the 2nd largest of the 4 cities compared here, 37,088 residents against a local median of 23,822. Valrico, FL's income growth, at 5.3%/yr, runs 104% above the 2.6%/yr typical of the cities around it. That is the better end of the local range on this measure.
The cities themselves spread 2.2%/yr on income growth, so Valrico, FL sits at one end of an already wide local range rather than apart from it. Valrico, FL has the highest income growth of the 4 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. |
|---|---|---|---|---|---|
| Valrico, FL | 37,088 | $103,562 #2/4 | 5.3%/yr #1/4 | 3.5% #2/4 | 0.535 #2/4 |
| Bloomingdale, FL | 23,822 | $103,282 | 2.6%/yr | 3.5% | 0.547 |
| Fish Hawk, FL | 21,269 | $123,169 | 1.9%/yr | 3.8% | 0.585 |
| Brandon, FL | 119,418 | $80,046 | 4.1%/yr | 4.5% | 0.531 |
Conclusion
Considering all these factors, Valrico, 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 Valrico, Florida.
How Rich Is Valrico, Florida?
Valrico 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 $103,562, about 39% higher than the Florida average of $74,580.
How has median household income changed in Valrico, Florida?
Between 2009 and 2024, the median household income in Valrico, Florida rose 37%, from $75,583 to $103,562. Over the same years, income here lagged behind Florida as a whole: +37% against +57%.
What was the median household income in Valrico in 2023?
In 2023, the median household income in Valrico, Florida was $97,798, up 6% from $91,872 in 2022. The Florida median that year was $71,864.
What was the median household income in Valrico in 2020?
In 2020, the median household income in Valrico, Florida was $74,872. By 2024 it had risen 38% to $103,562.
How strong is the job market in Valrico, Florida?
Unemployment in Valrico, Florida is only 3.5%, well below the Florida rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Valrico, Florida?
The Gini coefficient in Valrico is 0.535. 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 Valrico, Florida?
Since 2009, the income gap between men and women in Valrico, Florida has narrowed from about 30% to 20% in 2024. Over that period the gap was widest at 31% in 2010. In dollar terms, the gap has narrowed by $3,625 since 2009.
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