Wekiwa Springs, Florida Income Statistics

Wekiwa 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.

  • B
    Wekiwa Springs Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Wekiwa Springs Florida Avg US Average
Median Household Income $111,975 $74,580 $80,455
Median Personal Income $74,354 $52,322 $60,758
Average Yearly Income Growth 5.1% 5.4% 4.8%
Six-Figure Earners 20.8% 11.6% 13.9%
$200k+ Households 21.7% 11.0% 13.2%

The median household income in Wekiwa Springs is about 50% higher than in Florida. Income has been growing slower in Wekiwa Springs (5.1%/yr) than in Florida (5.4%/yr).

About 21% of adults in Wekiwa 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

Wekiwa Springs
United States

Median household income in Wekiwa Springs, Florida grew by 50.1% from 2009 to 2024, reaching $111,975 in 2024. That's an average of about 5.1% per year.

Wekiwa Springs has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2022, its income was 32% higher. The gap has narrowed from 46% in 2009 to 39% in 2024.

Year Wekiwa Springs United States

Income Distribution in Wekiwa 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

Wekiwa Springs
United States

Income range calculator

About 4,866 households (56.5% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 14.8% of households in Wekiwa Springs had an income under $35,000 and 34.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Wekiwa Springs has a larger share of households earning $200,000 or more (21.7% vs 13.2%) and a smaller share earning $50,000 to $74,999 (11.4% vs 15.5%).

Household income Households Share U.S. share
Under $10,000 241 2.8% 5.1%
$10,000 to $14,999 121 1.4% 3.5%
$15,000 to $24,999 370 4.3% 6.4%
$25,000 to $34,999 542 6.3% 6.7%
$35,000 to $49,999 607 7.1% 10.1%
$50,000 to $74,999 979 11.4% 15.5%
$75,000 to $99,999 879 10.2% 12.6%
$100,000 to $149,999 1,922 22.3% 17.4%
$150,000 to $199,999 1,073 12.5% 9.5%
$200,000 or more 1,871 21.7% 13.2%

Shares are of all 8,606 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).

Income Inequality and the Gender Pay Gap in Wekiwa Springs

Metric Wekiwa Springs Florida Avg US Average
Gini Coefficient 0.520 0.551 0.552
Male Median Income $90,790 $60,595 $69,667
Female Median Income $63,851 $50,762 $56,850
Gender Pay Gap 29.7% 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 Wekiwa Springs, it is 0.520, 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 42% more than women's income in Wekiwa Springs, Florida. Over a 35-year career, a 42% wage gap accumulates to roughly $942,865 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Wekiwa Springs, Florida has widened from about 26% to 30% in 2024. Over that period the gap was widest at 38% in 2017, and was narrowest at 13% in 2012. In dollar terms, the gap has widened by $10,459 since 2009.

Sharply against the trend: the pay gap in Wekiwa Springs widened by 3.9 points while Florida's narrowed by 2.5 points.

Year Male Income Female Income Gap %

Employment

Metric Wekiwa Springs Florida Avg US Average
Unemployment Rate 3.6% 4.8% 5.2%
Working from Home 26.7% 15.7% 15.0%
Commute time (minutes) 23 23 22

Approximately 410 people are unemployed in Wekiwa Springs, Florida.

The average commute time in Wekiwa Springs is 23 minutes, about the same as in Florida.

Unemployment Rate Over Time

Wekiwa Springs
United States

Since 2011, the unemployment rate in Wekiwa Springs, Florida has fallen from 8.1% to 3.6% in 2024. Over that period the rate peaked at 9.5% in 2013.

Wekiwa Springs has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2016-2017 and 2020. In 2024 its rate was 1.6 points lower.

Year Wekiwa Springs United States

Wekiwa Springs, FL Wealth Compared With Nearby Cities

How Wekiwa Springs, FL compares with the 1 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.
Wekiwa Springs, FL 21,415 $111,975 #1/2 5.1%/yr #1/2 3.6% #1/2 0.520 #2/2
Altamonte Springs, FL 42,393 $67,739 3.7%/yr 5.1% 0.502

Conclusion

Considering all these factors, Wekiwa Springs, Florida has an overall wealth index grade of B, making it notably better than Florida, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Wekiwa Springs, Florida.

How Rich Is Wekiwa Springs, Florida?

Wekiwa Springs 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 $111,975, about 50% higher than the Florida average of $74,580.

How fast is household income rising in Wekiwa Springs, Florida?

Between 2009 and 2024, the median household income in Wekiwa Springs, Florida rose 50%, from $74,608 to $111,975. Over the same years, income here lagged behind Florida as a whole: +50% against +57%.

What was the median household income in Wekiwa Springs in 2023?

In 2023, the median household income in Wekiwa Springs, Florida was $108,478, up 10% from $98,371 in 2022. The Florida median that year was $71,864.

What was the median household income in Wekiwa Springs in 2020?

In 2020, the median household income in Wekiwa Springs, Florida was $85,738. By 2024 it had risen 31% to $111,975.

How many people earn six figures in Wekiwa Springs, Florida?

Yes. 21% of adults in Wekiwa Springs, Florida earn $100,000 or more a year (about 1 in 5), against 12% (about 1 in 9) in Florida. 22% of households have a combined income of $200,000 or more, compared with 11% in Florida.

Is unemployment high in Wekiwa Springs, Florida?

Unemployment in Wekiwa Springs, Florida is only 3.6%, 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 Wekiwa Springs, Florida?

The Gini coefficient in Wekiwa Springs is 0.520. 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 Wekiwa Springs, Florida?

Since 2009, the income gap between men and women in Wekiwa Springs, Florida has widened from about 26% to 30% in 2024. Over that period the gap was widest at 38% in 2017, and was narrowest at 13% in 2012. In dollar terms, the gap has widened by $10,459 since 2009.

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