Wildwood, Florida Income Statistics
Wildwood 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.
-
C
Wildwood Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Wildwood | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $78,042 | $74,580 | $80,455 |
| Median Personal Income | $51,749 | $52,322 | $60,758 |
| Average Yearly Income Growth | 5.7% | 5.4% | 4.8% |
| Six-Figure Earners | 13.5% | 11.6% | 13.9% |
| $200k+ Households | 9.5% | 11.0% | 13.2% |
The median household income in Wildwood is about 5% higher than in Florida. Income has been growing faster in Wildwood (5.7%/yr) than in Florida (5.4%/yr).
About 14% of adults in Wildwood 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 Wildwood, Florida grew by 121.6% from 2009 to 2024, reaching $78,042 in 2024. That's an average of about 5.7% per year.
Income Inequality and the Gender Pay Gap in Wildwood
| Metric | Wildwood | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.551 | 0.552 |
| Male Median Income | $68,413 | $60,595 | $69,667 |
| Female Median Income | $50,566 | $50,762 | $56,850 |
| Gender Pay Gap | 26.1% | 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 Wildwood, it is 0.506, 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 35% more than women's income in Wildwood, Florida. Over a 35-year career, a 35% wage gap accumulates to roughly $624,645 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Wildwood, Florida has widened from about 10% to 26% in 2024. Over that period the gap was widest at 33% in 2012, and in 2022 women out-earned men by 3%. In dollar terms, the gap has widened by $14,078 since 2009.
Sharply against the trend: the pay gap in Wildwood widened by 15.6 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Wildwood | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.6% | 4.8% | 5.2% |
| Working from Home | 16.2% | 15.7% | 15.0% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 461 people are unemployed in Wildwood, Florida.
The average commute time in Wildwood is 23 minutes, about the same as in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Wildwood, Florida has fallen from 9.8% to 8.6% in 2024. Over that period the rate peaked at 12.1% in 2013 and fell as low as 3.9% in 2019.
Wildwood, FL Wealth Compared With Nearby Cities
How Wildwood, 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. |
|---|---|---|---|---|---|
| Wildwood, FL | 20,550 | $78,042 #1/2 | 5.7%/yr #1/2 | 8.6% #1/2 | 0.506 #1/2 |
| Leesburg, FL | 22,742 | $53,977 | 4.1%/yr | 9.2% | 0.533 |
Conclusion
Considering all these factors, Wildwood, Florida has an overall wealth index grade of C, making it about on par with Florida, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Wildwood, Florida.
How Rich Is Wildwood, Florida?
Wildwood has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $78,042, about 5% higher than the Florida average of $74,580.
How fast is household income rising in Wildwood, Florida?
Between 2009 and 2024, the median household income in Wildwood, Florida rose 122%, from $35,221 to $78,042. Over the same years, income here outpaced Florida as a whole: +122% against +57%.
What was the median household income in Wildwood in 2023?
In 2023, the median household income in Wildwood, Florida was $73,519, up 8% from $67,811 in 2022. The Florida median that year was $71,864.
What was the median household income in Wildwood in 2020?
In 2020, the median household income in Wildwood, Florida was $53,456. By 2024 it had risen 46% to $78,042.
Is it hard to find a job in Wildwood, Florida?
Unemployment in Wildwood, Florida is 8.6%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Wildwood, Florida?
The Gini coefficient in Wildwood is 0.506. 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 Wildwood, Florida?
Since 2009, the income gap between men and women in Wildwood, Florida has widened from about 10% to 26% in 2024. Over that period the gap was widest at 33% in 2012, and in 2022 women out-earned men by 3%. In dollar terms, the gap has widened by $14,078 since 2009.
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