Gadsden County, Florida
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Gadsden County Compares
Detailed Income Statistics
Income Advisory: Gadsden County
Income Verdict
Gadsden County has a median household income of $46,047 and per capita income of $23,206 — a gap of $22,841, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $792/month and a median household income of $46,047, rent consumes approximately 20.6% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $46,047, residents of Gadsden County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $23,206 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Gadsden County earns approximately 29.7% below the Florida state median household income of $65,468.
Data Story
About Household Income in Gadsden County, Florida
Gadsden's income gap widens nationally
Gadsden County's median household income of $46,047 falls significantly below the national median of $74,755—a gap of nearly $29,000. The county's per capita income of $23,206 is also well below national averages, indicating substantial economic challenges requiring targeted financial strategies.
Among Florida's lowest-income counties
Gadsden's median household income of $46,047 ranks in Florida's lowest quartile, running 29.6% below the state average of $65,468. The county's per capita income of $23,206 is significantly lower than Florida's state average of $35,698, reflecting limited economic opportunities and wages.
Gadsden faces steeper income challenges
Gadsden's $46,047 median household income trails most adjacent North Florida counties, including Leon County (the capital region) and rural neighbors. The county's income gap signals unique structural economic challenges compared to neighboring areas with more diverse employment bases.
Housing remains affordable despite low income
Gadsden's rent-to-income ratio of 20.6% is well below the 30% threshold, providing strong housing affordability even for lower-income households. However, the median home value of $154,700 still represents significant burden relative to the county's $46,047 median household income, requiring careful financial management.
Build wealth through intentional planning
Gadsden residents should prioritize budgeting, emergency savings, and exploring higher-wage employment opportunities or career advancement. Community resources, vocational training, and local economic development initiatives can help households increase earning potential and build long-term financial security.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Gadsden County
Your income is above the Gadsden County median
County median: $46,047 per year
vs. County Median
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vs. State Average
-30%
vs. National Median
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Income Adequacy
Your monthly income ($3,837) vs. median rent ($792/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.