Wesley Chapel, Florida Income Statistics
Wesley Chapel 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
Wesley Chapel Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Wesley Chapel | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $108,787 | $74,580 | $80,455 |
| Median Personal Income | $64,914 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.0% | 5.4% | 4.8% |
| Six-Figure Earners | 16.4% | 11.6% | 13.9% |
| $200k+ Households | 17.0% | 11.0% | 13.2% |
The median household income in Wesley Chapel is about 46% higher than in Florida. Income has been growing slower in Wesley Chapel (5.0%/yr) than in Florida (5.4%/yr).
About 16% of adults in Wesley Chapel 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 Wesley Chapel, Florida grew by 57.2% from 2009 to 2024, reaching $108,787 in 2024. That's an average of about 5.0% per year.
Income Inequality and the Gender Pay Gap in Wesley Chapel
| Metric | Wesley Chapel | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.544 | 0.551 | 0.552 |
| Male Median Income | $76,857 | $60,595 | $69,667 |
| Female Median Income | $61,646 | $50,762 | $56,850 |
| Gender Pay Gap | 19.8% | 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 Wesley Chapel, it is 0.544, 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 Wesley Chapel, Florida. Over a 35-year career, a 25% wage gap accumulates to roughly $532,385 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Wesley Chapel, Florida has narrowed from about 22% to 20% in 2024. Over that period the gap was widest at 28% in 2014, and was narrowest at 11% in 2021. In dollar terms, the gap has widened by $3,346 since 2009.
Employment
| Metric | Wesley Chapel | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 4.8% | 5.2% |
| Working from Home | 27.0% | 15.7% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 1,739 people are unemployed in Wesley Chapel, Florida.
The average commute time in Wesley Chapel is 30 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Wesley Chapel, Florida has fallen from 7.4% to 4.5% in 2024. Over that period the rate fell as low as 3.9% in 2021.
Wesley Chapel, FL Wealth Compared With Nearby Cities
How Wesley Chapel, FL compares with the 2 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. |
|---|---|---|---|---|---|
| Wesley Chapel, FL | 70,865 | $108,787 #1/3 | 5.0%/yr #2/3 | 4.5% #2/3 | 0.544 #3/3 |
| Pasadena Hills, FL | 21,330 | $84,802 | 7.1%/yr | 4.0% | 0.538 |
| Land O' Lakes, FL | 36,189 | $99,621 | 4.2%/yr | 5.2% | 0.526 |
Conclusion
Considering all these factors, Wesley Chapel, 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 Wesley Chapel, Florida.
How Rich Is Wesley Chapel, Florida?
Wesley Chapel 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 $108,787, about 46% higher than the Florida average of $74,580.
Are incomes growing in Wesley Chapel, Florida?
Between 2009 and 2024, the median household income in Wesley Chapel, Florida rose 57%, from $69,208 to $108,787. Over the same years, income here kept pace with Florida as a whole: +57% against +57%.
What was the median household income in Wesley Chapel in 2023?
In 2023, the median household income in Wesley Chapel, Florida was $107,624, up 7% from $100,610 in 2022. The Florida median that year was $71,864.
What was the median household income in Wesley Chapel in 2020?
In 2020, the median household income in Wesley Chapel, Florida was $86,129. By 2024 it had risen 26% to $108,787.
Do many residents of Wesley Chapel, Florida earn over $100,000?
Yes. 16% of adults in Wesley Chapel, Florida earn $100,000 or more a year (about 1 in 6), against 12% (about 1 in 9) in Florida. 17% of households have a combined income of $200,000 or more, compared with 11% in Florida.
What is the Gini coefficient in Wesley Chapel, Florida?
The Gini coefficient in Wesley Chapel is 0.544. 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 Wesley Chapel, Florida?
Since 2009, the income gap between men and women in Wesley Chapel, Florida has narrowed from about 22% to 20% in 2024. Over that period the gap was widest at 28% in 2014, and was narrowest at 11% in 2021. In dollar terms, the gap has widened by $3,346 since 2009.
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