You're In The Top 10% Of Households In Florida If Your Income Is Above This Number

Florida is one of the four states where the wealthiest people in America live, but you don't need to be Jeff Bezos to qualify as among the state's top 10% of households. According to a MoneyLion analysis of 2024 data from the Bureau of Labor Statistics (BLS), if you lived in Florida and your household income was $280,649 or more — roughly $5,397 per week — you were among the top 10%. In comparison, the state's average weekly per person wage was $1,228, as of September 2026, per the BLS.

Florida's median income was $77,735 in 2024 (updated to $80,846, as of 2025 U.S. Census data), meaning those in the top 10% earned roughly 261% more. Meanwhile, the median household income nationwide in 2025 was $84,780 per the U.S. Census. The good news is that the Bureau of Economic Analysis (BEA) reports that Florida was among the states with the biggest jump in personal income in Q2 2026, with an annualized average increase of 5.7% — compared to 4.7% nationwide.

Across all states, Florida actually falls in the middle range for both its top 10% threshold and its median income. Connecticut boasted the highest income needed to crack the top 10%, at $370,003, while West Virginia had the lowest, with $201,400. And when it comes to median incomes, Massachusetts came out on top with $104,828, while Mississippi ranked at the bottom with $59,127. That said, it's worth noting that people living in Washington, D.C., actually earn the highest salaries in the U.S., but the district wasn't included in MoneyLion's analysis.

Florida has long been considered a fairly affordable state, so it makes sense that Florida's top 10% rank alongside states like Minnesota at $284,139, and Delaware at $277,672 — as opposed to states like New York, where top earners take home 310% more than the median income. However, the income needed to live in Florida has been steadily increasing in recent years. According to the BEA, Florida had the highest percentage increase of personal consumption expenses in 2025 — a 7% jump to $66,061 per person. Healthcare, housing, and utilities were among the primary reasons, and there's also the concern that the influx of ultra-wealthy residents is actually driving up costs for everyone. These rising costs are even among the reasons that many retirees are leaving Florida altogether.