Westchase, Florida Income Statistics
Westchase 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.
-
A
Westchase Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Westchase | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $124,300 | $74,580 | $80,455 |
| Median Personal Income | $94,673 | $52,322 | $60,758 |
| Average Yearly Income Growth | 3.6% | 5.4% | 4.8% |
| Six-Figure Earners | 27.6% | 11.6% | 13.9% |
| $200k+ Households | 26.0% | 11.0% | 13.2% |
The median household income in Westchase is about 67% higher than in Florida. Income has been growing slower in Westchase (3.6%/yr) than in Florida (5.4%/yr).
About 28% of adults in Westchase 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 Westchase, Florida grew by 40.4% from 2009 to 2024, reaching $124,300 in 2024. That's an average of about 3.6% per year.
Westchase has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2021, its income was 49% higher. The gap has narrowed from 73% in 2009 to 54% in 2024.
Income Distribution in Westchase
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 5,783 households (57.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 13.5% of households in Westchase had an income under $35,000 and 40.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Westchase has a larger share of households earning $200,000 or more (26.0% vs 13.2%) and a smaller share earning $50,000 to $74,999 (10.7% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 463 | 4.6% | 5.1% |
| $10,000 to $14,999 | 127 | 1.3% | 3.5% |
| $15,000 to $24,999 | 256 | 2.5% | 6.4% |
| $25,000 to $34,999 | 511 | 5.1% | 6.7% |
| $35,000 to $49,999 | 636 | 6.3% | 10.1% |
| $50,000 to $74,999 | 1,078 | 10.7% | 15.5% |
| $75,000 to $99,999 | 1,203 | 12.0% | 12.6% |
| $100,000 to $149,999 | 1,763 | 17.5% | 17.4% |
| $150,000 to $199,999 | 1,409 | 14.0% | 9.5% |
| $200,000 or more | 2,611 | 26.0% | 13.2% |
Shares are of all 10,057 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 5,661 residents (27.6% 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 31.4% of residents who have any income.
In 2024, 12.4% of Westchase residents aged 15 and over reported no personal income, 19.7% had some income but less than $25,000, and 35.7% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Westchase has a larger share of residents earning $100,000 or more (27.6% vs 13.9%) and a smaller share earning $15,000 to $24,999 (6.6% vs 10.5%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,543 | 12.4% | 12.8% |
| $1 to $9,999 | 1,928 | 9.4% | 11.2% |
| $10,000 to $14,999 | 765 | 3.7% | 7.0% |
| $15,000 to $24,999 | 1,351 | 6.6% | 10.5% |
| $25,000 to $34,999 | 1,587 | 7.7% | 9.5% |
| $35,000 to $49,999 | 2,280 | 11.1% | 12.6% |
| $50,000 to $74,999 | 2,764 | 13.5% | 14.3% |
| $75,000 to $99,999 | 1,664 | 8.1% | 8.2% |
| $100,000 or more | 5,661 | 27.6% | 13.9% |
Shares are of the 20,544 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 12.4% 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 Westchase
| Metric | Westchase | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.523 | 0.551 | 0.552 |
| Male Median Income | $116,851 | $60,595 | $69,667 |
| Female Median Income | $81,852 | $50,762 | $56,850 |
| Gender Pay Gap | 30.0% | 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 Westchase, it is 0.523, 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 43% more than women's income in Westchase, Florida. Over a 35-year career, a 43% wage gap accumulates to roughly $1,224,965 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Westchase, Florida has widened from about 26% to 30% in 2024. Over that period the gap was widest at 43% in 2018, and was narrowest at 23% in 2013. In dollar terms, the gap has widened by $16,324 since 2009.
Sharply against the trend: the pay gap in Westchase widened by 3.8 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Westchase | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 4.8% | 5.2% |
| Working from Home | 31.6% | 15.7% | 15.0% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 498 people are unemployed in Westchase, Florida.
The average commute time in Westchase is 26 minutes, longer than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Westchase, Florida has fallen from 8.3% to 3.6% in 2024. Over that period the rate peaked at 8.7% in 2013 and fell as low as 2.6% in 2022.
Westchase has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. The gap has widened from 0.4 points in 2011, the closest it has been, to 1.7 points in 2024.
Westchase, FL Wealth Compared With Nearby Cities
Westchase, FL is the smallest of the 5 cities compared here, 24,886 residents against a local median of 32,738. Where Westchase, FL breaks from the cities next to it is median household income, sitting 45% above the local median of $85,804 at $124,300. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 3.6%/yr against a local median of 4.8%/yr, 25% below it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so Westchase, FL is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread $85,760 on median household income, so Westchase, FL sits at one end of an already wide local range rather than apart from it. Westchase, FL has the 2nd highest median household income of the 5 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. |
|---|---|---|---|---|---|
| Westchase, FL | 24,886 | $124,300 #2/5 | 3.6%/yr #5/5 | 3.6% #2/5 | 0.523 #1/5 |
| Citrus Park, FL | 27,910 | $87,436 | 4.9%/yr | 5.0% | 0.545 |
| Town 'n' Country, FL | 84,768 | $72,958 | 4.6%/yr | 4.8% | 0.536 |
| Keystone, FL | 26,445 | $158,718 | 4.9%/yr | 3.2% | 0.541 |
| Carrollwood, FL | 37,566 | $84,172 | 3.9%/yr | 4.4% | 0.526 |
Conclusion
Considering all these factors, Westchase, Florida has an overall wealth index grade of A, making it far better than Florida, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Westchase, Florida.
How Rich Is Westchase, Florida?
Westchase has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $124,300, about 67% higher than the Florida average of $74,580.
How has median household income changed in Westchase, Florida?
Between 2009 and 2024, the median household income in Westchase, Florida rose 40%, from $88,521 to $124,300. Over the same years, income here lagged behind Florida as a whole: +40% against +57%.
What was the median household income in Westchase in 2023?
In 2023, the median household income in Westchase, Florida was $119,052, up 3% from $115,488 in 2022. The Florida median that year was $71,864.
What was the median household income in Westchase in 2020?
In 2020, the median household income in Westchase, Florida was $99,323. By 2024 it had risen 25% to $124,300.
Is Westchase, Florida a high-income area?
Yes. 28% of adults in Westchase, Florida earn $100,000 or more a year (about 1 in 4), against 12% (about 1 in 9) in Florida. 26% of households have a combined income of $200,000 or more, compared with 11% in Florida.
Is unemployment high in Westchase, Florida?
Unemployment in Westchase, 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 Westchase, Florida?
The Gini coefficient in Westchase is 0.523. 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 Westchase, Florida?
Since 2009, the income gap between men and women in Westchase, Florida has widened from about 26% to 30% in 2024. Over that period the gap was widest at 43% in 2018, and was narrowest at 23% in 2013. In dollar terms, the gap has widened by $16,324 since 2009.
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