Citrus County, Florida
Income Data
At a Glance
How Citrus County Compares
Detailed Income Statistics
Data Story
About Household Income in Citrus County, Florida
Citrus County earns below the national average
At $55,355, Citrus County's median household income trails the U.S. median of $74,755 by nearly $20,000—a gap of 26%. This places the county in the lower-income tier nationally, meaning households here earn notably less than typical American families.
Below Florida's income rank
Citrus County's median income falls short of Florida's state average of $65,468 by about $10,000. Among Florida's 67 counties, this income level positions Citrus in the lower third, reflecting economic challenges shared with rural parts of the state.
Income gap with nearby counties
Compared to neighboring Duval County ($68,447), Citrus County households earn roughly $13,000 less annually. Even nearby Columbia County ($55,070) is nearly equivalent, underscoring the consistent income pressures across this region of Florida.
Rent manageable, but income tight overall
With a rent-to-income ratio of 23.2%, Citrus County falls slightly above the recommended 20% threshold—meaning renters spend roughly $1,070 monthly on housing from median income. The median home value of $223,200 remains affordable relative to income, but overall household earning power limits access to quality services and savings.
Build stability through intentional planning
Households earning near $55,000 have limited margin for error; building an emergency fund and exploring low-cost retirement accounts like IRAs should be priorities. Even modest contributions to employer 401(k)s or automated savings plans can compound significantly over time, creating a financial cushion.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Citrus County
Your income is above the Citrus County median
County median: $55,355 per year
vs. County Median
+0%
vs. State Average
-15%
vs. National Median
-26%
Income Adequacy
Your monthly income ($4,613) vs. median rent ($1,069/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.