Weston, FL Income

The inflation-adjusted median household income in Weston was $132,875, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$132,875
Median household income
0.4351
Gini coefficient
** (N/A)
Highest median income age group
$607,243
Income of top 5%

All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates

TABLE OF CONTENTS

Gender

In Weston, the population consists of 32,961 males (48.37%) and 35,187 females (51.63%). Here are the primary highlights from the gender-based income distribution analysis:

  • In Weston, the median income for all workers aged 15 years and older, regardless of work hours, was $63,518 for males and $36,801 for females.
  • However, when specifically considering full-time, year-round workers within the same age group, the median income was $103,494 for males and $77,405 for females.
  • In Weston, the median income for all workers aged 15 years and older, regardless of work hours, was $63,518 for males and $36,801 for females.
  • In Weston, among full-time, year-round workers aged 15 years and older, males earned a median income of $103,494, while females earned $77,405, leading to a 25% gender pay gap among full-time workers. This illustrates that women earn 75 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
Line chart showing the annual median income trends in Weston, FL for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).
Weston, FL gender based income disparity: Gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals, in 2022 inflation adjusted dollars. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Weston, FL income by gender ➔

Race

In Weston, the population is predominantly White, constituting 65.27% of the total residents. Here are the key highlights from the analysis of income distribution by race:

  • The median household income for White households is $159,515.
  • In Weston, White is both the largest group and the one with the highest median household income, which stands at $159,515.
  • In Weston, the median household income for the households where the householder is White increased by $51,781(48.06%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $107,734 in 2012 and $159,515 in 2022.
  • Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
The bar chart shows Weston, FL median household income across all racial categories identified by the U.S. Census Bureau.
Weston, FL median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Weston, FL median household income by race ➔

Year by year

Weston, FL median household income trends by year, family type and household size (2010-2021):

  • From 2010 to 2021, the median household income for Weston increased by $6,646 (5.27%), as per the American Community Survey estimates.
  • Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
  • The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 6,867 (from $117,035 to $123,902). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 3,738 (from $117,431 to $113,693).
  • It then further increased to $241,009 for 7-person households, the largest household size for which the bureau reported a median household income.
  • With a Gini coefficient of 0.4351, it is evident that income distribution in Weston, FL exihibits characterstics of moderate inequality .
  • For the family households, the median income (in 2022 inflation-adjusted dollars) was $132,908. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $51,039.
The line chart shows Weston, FL median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Weston, FL median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Weston, FL median household income ➔

References

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Weston, FL Demographics

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Median household income of places that contain Weston (in 2022 dollars)

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Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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