Putnam County, Florida
Income Data
At a Glance
How Putnam County Compares
Detailed Income Statistics
Data Story
About Household Income in Putnam County, Florida
Putnam faces significant income challenge
Putnam County's median household income of $47,256 is 37% below the national median of $74,755, making it one of Florida's most economically challenged counties. This substantial gap reflects limited employment diversity and lower wages in North-Central Florida's rural communities.
Lowest income county in survey
At $47,256, Putnam County ranks among Florida's lowest-income counties, trailing the state average of $65,468 by $18,200—nearly 28% lower. Its per capita income of $26,908 is also the lowest in the surveyed set, indicating structural economic challenges.
Significantly behind all regional peers
Putnam's $47,256 income lags all surveyed neighbors dramatically, falling nearly $16,400 below Polk County ($63,644), the next-lowest earner. This gap suggests limited job growth, smaller employer base, and fewer opportunities for higher-wage careers in the county.
Housing most affordable, but income tight
Putnam's rent-to-income ratio of 22.9% and median home value of $147,300 represent strong housing affordability, yet tight household budgets leave little room for unexpected expenses. While homeownership is theoretically affordable, lower income means less financial cushion for maintenance and property taxes.
Focus on income growth and skills training
At $47,000 median income, Putnam County households should prioritize workforce development and credential training to access higher-wage jobs. Even modest income growth of 5-10% annually can free up resources for emergency savings and long-term wealth building.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Putnam County
Your income is above the Putnam County median
County median: $47,256 per year
vs. County Median
+0%
vs. State Average
-28%
vs. National Median
-37%
Income Adequacy
Your monthly income ($3,938) vs. median rent ($902/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.