Citrus County, Florida
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Citrus County Compares
Detailed Income Statistics
Income Advisory: Citrus County
Income Verdict
Citrus County has a median household income of $55,355 and per capita income of $35,586 — a gap of $19,769, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,069/month and a median household income of $55,355, rent consumes approximately 23.2% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $55,355, residents of Citrus County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $35,586 is in line with national norms for individual earners.
Neighbor Context
Citrus County earns approximately 15.4% below the Florida state median household income of $65,468.
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.