Income & Economy in Lake Mystic, FL

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

Income Overview

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

Median Household Income

$58,375

-20% vs national

Per Capita Income

$40,160

+8% vs national

Poverty Rate

3.4%

-75% vs national

Gini Index

0.3453

0 = perfect equality

Unemployment

22.9%

+340% vs national

SNAP Recipients

32.2%

of households

How Lake Mystic Compares

Source: Census ACS (2023)

Lake Mystic vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lake Mystic 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 Lake Mystic. The median household income here is $58,375.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.5%
$25-50K
30.8%
$50-75K
31.9%
$75-100K
5.1%
$100-150K
16.1%
$150-200K
6.2%
$200K+
3.4%

Employment Snapshot

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

Unemployment Rate

22.9%

+367% vs FL avg

Labor Force

262

Employed

202

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+

32.5%

of adults 25+

High School Diploma+

54.5%

of adults 25+

Median Age

45.9

Work from Home

0.0%

of workers

The median household income in Lake Mystic, FL is $58,375, which is 20.3% below the national average of $73,224. Per capita income is $40,160. The poverty rate of 3.4% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.3453, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 22.9%, compared to the state average of 4.9%. 32.5% of adults hold a bachelor's degree or higher.