Income & Economy in Frostproof, FL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$39,301

-46% vs national

Per Capita Income

$24,934

-33% vs national

Poverty Rate

21.5%

+58% vs national

Gini Index

0.3983

0 = perfect equality

Unemployment

7.5%

+44% vs national

SNAP Recipients

30.0%

of households

How Frostproof Compares

Source: Census ACS (2023)

Frostproof vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Frostproof is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Frostproof. The median household income here is $39,301.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
18.8%
$25-50K
40.4%
$50-75K
15.6%
$75-100K
10.7%
$100-150K
10.9%
$150-200K
0.4%
$200K+
3.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

7.5%

+53% vs FL avg

Labor Force

1,025

Employed

948

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

9.2%

of adults 25+

High School Diploma+

34.9%

of adults 25+

Median Age

55.3

Work from Home

12.3%

of workers

The median household income in Frostproof, FL is $39,301, which is 46.3% below the national average of $73,224. Per capita income is $24,934. The poverty rate of 21.5% is higher than the FL state average of 13.5%. The Gini index of income inequality is 0.3983, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.5%, compared to the state average of 4.9%. 9.2% of adults hold a bachelor's degree or higher.