Suwannee County, Florida
Income Data
At a Glance
How Suwannee County Compares
Detailed Income Statistics
Data Story
About Household Income in Suwannee County, Florida
Suwannee significantly below national
Suwannee County's median household income of $55,479 trails the U.S. median of $74,755 by 26%. The county faces real earnings challenges compared to national averages, requiring households to stretch budgets further.
Lower-income Florida county
Suwannee County's $55,479 median income runs $9,989 below Florida's state average of $65,468, placing it in the lower third of the state's 67 counties. Per capita income of $26,484 also falls significantly below state norms.
Struggles against region
Suwannee's $55,479 median income lags all nearby comparables, including Union County ($64,922) and Sumter County ($73,297). The county's earnings gap reflects limited access to high-wage employment opportunities.
Rents are relative bargain
Suwannee's rent-to-income ratio of just 18.4% offers relief, with housing costs low relative to earnings. A median home value of $160,900 means housing remains affordable, though lower median incomes limit overall buying power.
Every dollar counts here
Suwannee households earning $55,479 should prioritize building emergency reserves and eliminating high-interest debt before investing. Even small contributions to retirement accounts yield meaningful growth over decades of compounding.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Suwannee County
Your income is above the Suwannee County median
County median: $55,479 per year
vs. County Median
+0%
vs. State Average
-15%
vs. National Median
-26%
Income Adequacy
Your monthly income ($4,623) vs. median rent ($849/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.