Income & Economy in Westwood Lakes, FL

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

Income Overview

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

Median Household Income

$87,341

+19% vs national

Per Capita Income

$34,233

-8% vs national

Poverty Rate

8.0%

-41% vs national

Gini Index

0.4322

0 = perfect equality

Unemployment

7.4%

+43% vs national

SNAP Recipients

29.8%

of households

How Westwood Lakes Compares

Source: Census ACS (2023)

Westwood Lakes vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Westwood Lakes 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 Westwood Lakes. The median household income here is $87,341.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.5%
$25-50K
17.0%
$50-75K
12.2%
$75-100K
16.3%
$100-150K
25.4%
$150-200K
7.9%
$200K+
8.7%

Employment Snapshot

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

Unemployment Rate

7.4%

+52% vs FL avg

Labor Force

5,553

Employed

5,140

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+

20.2%

of adults 25+

High School Diploma+

41.6%

of adults 25+

Median Age

48.4

Work from Home

7.5%

of workers

The median household income in Westwood Lakes, FL is $87,341, which is 19.3% above the national average of $73,224. Per capita income is $34,233. The poverty rate of 8.0% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.4322, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.4%, compared to the state average of 4.9%. 20.2% of adults hold a bachelor's degree or higher.