Volusia County, Florida Income Statistics
Volusia 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.
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D
Volusia County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Volusia County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,504 | $74,580 | $80,455 |
| Median Personal Income | $50,364 | $52,322 | $60,758 |
| Average Yearly Income Growth | 6.5% | 5.4% | 4.8% |
| Six-Figure Earners | 9.3% | 11.6% | 13.9% |
| $200k+ Households | 7.4% | 11.0% | 13.2% |
The median household income in Volusia County is about 5% lower than in Florida. Income has been growing faster in Volusia County (6.5%/yr) than in Florida (5.4%/yr).
About 9% of adults in Volusia County 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 Volusia County, Florida grew by 63.6% from 2009 to 2024, reaching $70,504 in 2024. That's an average of about 6.5% per year.
Income Inequality and the Gender Pay Gap in Volusia County
| Metric | Volusia County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.533 | 0.551 | 0.552 |
| Male Median Income | $58,582 | $60,595 | $69,667 |
| Female Median Income | $48,814 | $50,762 | $56,850 |
| Gender Pay Gap | 16.7% | 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 Volusia County, it is 0.533, 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 20% more than women's income in Volusia County, Florida. Over a 35-year career, a 20% wage gap accumulates to roughly $341,880 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Volusia County, Florida has narrowed from about 20% to 17% in 2024. Over that period the gap was widest at 22% in 2010, and was narrowest at 12% in 2015. In dollar terms, the gap has widened by $1,662 since 2009.
Employment
| Metric | Volusia County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.1% | 4.8% | 5.2% |
| Working from Home | 14.4% | 15.7% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 11,066 people are unemployed in Volusia County, Florida.
The average commute time in Volusia County is 22 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Volusia County, Florida has fallen from 9.4% to 4.1% in 2024. Over that period the rate peaked at 11.2% in 2013 and fell as low as 4.0% in 2023.
Volusia County, FL Wealth Compared With Nearby Counties
Volusia County, FL is the 2nd largest of the 6 counties compared here, 579,612 residents against a local median of 412,915. The measure that sets Volusia County, FL apart most is unemployment: 4.1%, 17% below the local median of 5.0%. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 6.5%/yr against a local median of 5.6%/yr, 15% above it. Every measure here with a clear better direction points the same way, so Volusia County, FL is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 3.2% on unemployment, so Volusia County, FL sits at one end of an already wide local range rather than apart from it. Volusia County, FL has the lowest unemployment 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. |
|---|---|---|---|---|---|
| Volusia County, FL | 579,612 | $70,504 #5/6 | 6.5%/yr #1/6 | 4.1% #1/6 | 0.533 #2/6 |
| Seminole County, FL | 481,459 | $86,462 | 4.9%/yr | 4.1% | 0.538 |
| Flagler County, FL | 126,528 | $77,522 | 6.0%/yr | 4.3% | 0.538 |
| Orange County, FL | 1,470,874 | $80,245 | 6.3%/yr | 5.5% | 0.561 |
| Lake County, FL | 412,915 | $73,226 | 5.6%/yr | 5.0% | 0.526 |
| Putnam County, FL | 75,164 | $48,004 | 4.8%/yr | 7.4% | 0.549 |
Conclusion
Considering all these factors, Volusia 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 Volusia County, Florida.
How Rich Is Volusia County, Florida?
Volusia 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 $70,504, about 5% lower than the Florida average of $74,580.
How has median household income changed in Volusia County, Florida?
Between 2009 and 2024, the median household income in Volusia County, Florida rose 64%, from $43,104 to $70,504. Over the same years, income here outpaced Florida as a whole: +64% against +57%.
What was the median household income in Volusia County in 2023?
In 2023, the median household income in Volusia County, Florida was $67,001, up 6% from $63,119 in 2022. The Florida median that year was $71,864.
What was the median household income in Volusia County in 2020?
In 2020, the median household income in Volusia County, Florida was $52,997. By 2024 it had risen 33% to $70,504.
What is the Gini coefficient in Volusia County, Florida?
The Gini coefficient in Volusia County is 0.533. 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 Volusia County, Florida?
Since 2009, the income gap between men and women in Volusia County, Florida has narrowed from about 20% to 17% in 2024. Over that period the gap was widest at 22% in 2010, and was narrowest at 12% in 2015. In dollar terms, the gap has widened by $1,662 since 2009.
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