Walton County, Florida Income Statistics
Walton 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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B
Walton County Around averageWealthier than 83% of counties in Florida
Source: Map AI Methodology
Income Statistics Overview
| Metric | Walton County | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $83,983 | $74,580 | $80,455 |
| Median Personal Income | $57,242 | $52,322 | $60,758 |
| Average Yearly Income Growth | 7.6% | 5.4% | 4.8% |
| Six-Figure Earners | 14.8% | 11.6% | 13.9% |
| $200k+ Households | 14.9% | 11.0% | 13.2% |
The median household income in Walton County is about 13% higher than in Florida. Income has been growing faster in Walton County (7.6%/yr) than in Florida (5.4%/yr).
About 15% of adults in Walton County 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 Walton County, Florida grew by 81.0% from 2009 to 2024, reaching $83,983 in 2024. That's an average of about 7.6% per year.
Income Inequality and the Gender Pay Gap in Walton County
| Metric | Walton County | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.543 | 0.551 | 0.552 |
| Male Median Income | $66,816 | $60,595 | $69,667 |
| Female Median Income | $56,699 | $50,762 | $56,850 |
| Gender Pay Gap | 15.1% | 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 Walton County, it is 0.543, 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 18% more than women's income in Walton County, Florida. Over a 35-year career, a 18% wage gap accumulates to roughly $354,095 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Walton County, Florida has narrowed from about 21% to 15% in 2024. Over that period the gap was widest at 26% in 2012, and was narrowest at 9% in 2022. In dollar terms, the gap has widened by $1,362 since 2009.
Employment
| Metric | Walton County | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 4.8% | 5.2% |
| Working from Home | 16.3% | 15.7% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 1,934 people are unemployed in Walton County, Florida.
The average commute time in Walton County is 25 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Walton County, Florida has fallen from 9.9% to 4.8% in 2024. Over that period the rate peaked at 9.9% in 2012 and fell as low as 4.6% in 2021.
Walton County, FL Wealth Compared With Nearby Counties
Walton County, FL is the 3rd largest of the 6 counties compared here, 82,948 residents against a local median of 26,887. The measure that sets Walton County, FL apart most is income growth: 7.6%/yr, 49% above the local median of 5.1%/yr. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $83,983 against a local median of $59,460, 41% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Walton County, FL is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.4%/yr on income growth, so Walton County, FL sits at one end of an already wide local range rather than apart from it. Walton County, FL has the highest income growth 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. |
|---|---|---|---|---|---|
| Walton County, FL | 82,948 | $83,983 #1/6 | 7.6%/yr #1/6 | 4.8% #5/6 | 0.543 #4/6 |
| Okaloosa County, FL | 216,584 | $82,690 | 4.6%/yr | 3.4% | 0.531 |
| Holmes County, FL | 19,513 | $49,151 | 3.4%/yr | 4.5% | 0.569 |
| Washington County, FL | 25,529 | $59,460 | 5.8%/yr | 3.6% | 0.574 |
| Geneva County, AL | 26,887 | $54,060 | 5.1%/yr | 5.6% | 0.538 |
| Bay County, FL | 186,393 | $73,432 | 5.3%/yr | 3.8% | 0.529 |
Conclusion
Considering all these factors, Walton County, 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 Walton County, Florida.
How Rich Is Walton County, Florida?
Walton County 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 $83,983, about 13% higher than the Florida average of $74,580.
How fast is household income rising in Walton County, Florida?
Between 2009 and 2024, the median household income in Walton County, Florida rose 81%, from $46,391 to $83,983. Over the same years, income here outpaced Florida as a whole: +81% against +57%.
What was the median household income in Walton County in 2023?
In 2023, the median household income in Walton County, Florida was $79,189, up 6% from $74,828 in 2022. The Florida median that year was $71,864.
What was the median household income in Walton County in 2020?
In 2020, the median household income in Walton County, Florida was $66,035. By 2024 it had risen 27% to $83,983.
What is the Gini coefficient in Walton County, Florida?
The Gini coefficient in Walton County is 0.543. 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 Walton County, Florida?
Since 2009, the income gap between men and women in Walton County, Florida has narrowed from about 21% to 15% in 2024. Over that period the gap was widest at 26% in 2012, and was narrowest at 9% in 2022. In dollar terms, the gap has widened by $1,362 since 2009.
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