Gilchrist County, Florida
Income Data
At a Glance
How Gilchrist County Compares
Detailed Income Statistics
Data Story
About Household Income in Gilchrist County, Florida
Gilchrist's income trails U.S. average
Gilchrist County's median household income of $61,070 falls short of the national median of $74,755 by about $13,700. The county's per capita income of $33,507 is also below national benchmarks, reflecting the economic profile of a small, rural North Florida community.
Below-average earner in Florida
Gilchrist's median household income of $61,070 sits 6.7% below Florida's state average of $65,468, placing it in the lower-middle tier of Florida counties. The per capita income of $33,507 is slightly lower than the state average of $35,698, indicating modest earning power across the county.
Gilchrist matches small rural county pattern
Gilchrist's $61,070 median household income is comparable to nearby Franklin County ($62,734) and slightly above Hamilton County ($47,696). The county's rural character limits employment diversity, but its income levels remain stable relative to other North Florida small counties.
Strong housing affordability for residents
Gilchrist's rent-to-income ratio of 16.8% is among Florida's lowest, well below the 30% affordability threshold. The median home value of $191,000 is very manageable relative to household incomes, providing genuine housing security for Gilchrist residents.
Leverage affordability to build savings
Gilchrist's low housing costs free up household budgets for savings, retirement accounts, and debt reduction—key wealth-building tools. Focus on career development and exploring remote work opportunities to supplement local income sources and accelerate financial progress.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Gilchrist County median
County median: $61,070 per year
vs. County Median
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vs. State Average
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vs. National Median
-18%
Income Adequacy
Your monthly income ($5,089) vs. median rent ($855/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.