Free 2023 Data Update When You Buy Now. Details
The average income for households in Florida is $96,992,
which is 8% lower than the US average.
The median income for households in Florida is $67,917,
which is 10% lower than the US median.
More Texas income data: Richest Zips | Salaries | Individuals | Families | Retirement | Levels | By Age
by Kristen Carney
Updated: July 18, 2024
The richest zip code in Florida is 33109 with an average household income of $900,203 and 792 people according to the most current Census data available (citation).
per the most current (2022) Census data with at least 500 people and a reasonable margin of error
Rank | Zip Code | Population | Mean Income | Median Household Income |
---|---|---|---|---|
1 | 33109 | 792 | $900,203 | $250,001 |
2 | 33480 | 10,853 | $333,795 | $163,929 |
3 | 33158 | 6,536 | $284,824 | $177,917 |
4 | 33149 | 14,639 | $264,439 | $169,792 |
5 | 32963 | 15,117 | $248,440 | $143,438 |
6 | 34102 | 10,767 | $243,094 | $111,742 |
7 | 33156 | 32,582 | $231,573 | $133,862 |
8 | 34228 | 7,479 | $226,348 | $141,250 |
9 | 33629 | 26,625 | $223,527 | $152,044 |
10 | 34103 | 11,214 | $223,130 | $99,615 |
To identify the richest zip codes in Florida, we downloaded the most current income data from the US Census Bureau, excluded zips with fewer than 500 people, excluded the zips with margins of error greater than 50% of the income estimate and sorted by mean income. Click on the links above in the chart to see more income statistics for these wealthy Florida zips codes or learn more about the highest income zip codes in the US.
The salary data above comes from the most current (2022) US Census’ American Community Survey (ACS) 5-year dataset and is based on earnings data for full-time workers. Note that earnings data includes both wage and salary data. The Bureau of Labor Statistics also publishes wage and salary data, but their dataset doesn’t include self-employed workers whereas the ACS dataset does include self-employed workers. Get help in the Median versus Average section to decide which statistic is best for your purposes.
Family income reflects the combined income of all earners in a family unit. Single-person households are not included in this calculation, as family income specifically refers to households with more than one person. Get help in the Median versus Average section to decide which statistic is best for your purposes.
Retirement income includes not only regular payments from pensions and retirement accounts like 401(k)s or IRAs but also survivor benefits for spouses or children of deceased individuals and disability pensions for those unable to work due to a disability. Social Security income includes payments from Social Security and U.S. railroad retirement pensions, survivor benefits, and disability insurance from the Social Security Administration, but excludes Medicare reimbursements.
Households | 8,353,441 | 100% |
---|---|---|
Less than $10,000 | 432,707 | 5% |
$10,000 to $14,999 | 310,031 | 4% |
$15,000 to $19,999 | 300,883 | 4% |
$20,000 to $24,999 | 337,713 | 4% |
$25,000 to $29,999 | 349,938 | 4% |
$30,000 to $34,999 | 346,993 | 4% |
$35,000 to $39,999 | 336,384 | 4% |
$40,000 to $44,999 | 331,788 | 4% |
$45,000 to $49,999 | 341,798 | 4% |
$50,000 to $59,999 | 642,392 | 8% |
$60,000 to $74,999 | 827,314 | 10% |
$75,000 to $99,999 | 1,099,260 | 13% |
$100,000 to $124,999 | 794,559 | 10% |
$125,000 to $149,999 | 538,175 | 6% |
$150,000 to $199,999 | 615,715 | 7% |
$200,000 or more | 747,791 | 9% |
Florida | |
---|---|
Householder under 25 years | $41,020 |
Householder 25 to 44 years | $73,861 |
Householder 45 to 64 years | $80,393 |
Householder 65 years and over | $53,384 |
This table illustrates the median household income in Florida by the age of the householder. Younger householders under 25 years old have low median income at $41,020. Income levels increase significantly for householders in the middle age ranges. However, income tends to decrease for householders aged 65 and over, with a median income of $53,384. This pattern reflects typical income trends, where earnings tend to peak during mid-career years and taper off as individuals transition into retirement.
We usually suggest using median income data – either instead of or in addition to – average income data as a true indicator of wealth. If you haven’t thought about median versus average since your last standardized test, you aren’t alone. Here’s what they are:
Now let’s say you had the following simplified set of income data.
Household 1: $30,000
Household 2: $50,000
Household 3: $1,000,000
The average income for this set is $360,000. The outlier data point ($1,000,000) skews the average WAY up. Conversely, the average income would be skewed WAY down if someone had an income of $500. The median income for the same data set is $50,000. Outlier data doesn’t skew the median.
So most business owners should use the median income as a true indicator of wealth, because it provides a more accurate representation of a typical income, especially in areas with significant income disparity.
If your target market is high-income households, the average income may be more relevant. This is because the average income can highlight the presence of a higher concentration of wealthy individuals, which is beneficial for luxury goods and services marketing. We’re using average income on this page because using the Census’s highest reported median value of $250,001 could result in multiple ties for the richest geography.
The Census' American Community Survey uses $250,000+ as a jam value for median income estimates to protect privacy, ensure data consistency, and simplify reporting. A "jam value" in survey data refers to a placeholder or default value used when actual data points are unavailable, incomplete, or exceed certain thresholds. We represent this jam value as $250,001 to make it easy for you to sort.
All statistics for Florida are the most current, comparable statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. The income values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.
The following data tables were used:
U.S. Department of Health and Human Services. (2022). Annual update of the HHS poverty guidelines. Federal Register.
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Get all zip codes in your state or the entire US with data such as median household income.