The gap between Florida’s richest and poorest families is
15th largest in the nation.
The richest 20 percent of families have average incomes 7.5 times as large as the poorest 20 percent of families.
This ratio was 6.3 in the late 1980s.
This growth in income inequality is the 24th largest in the nation.
The very richest families — top 5% — have average incomes 12.6 times as large as the poorest 20 percent of families
A Closer Look: Short- and Long-term Trends
Late 1990s to mid-2000s
The average income of the poorest fifth of families did not change significantly.
The average income of the middle fifth of families increased by $1,710, from $45,352 to $47,062.
The average income of the richest fifth of families increased by $17,499, from $113,341 to $130,840.
The average income of the richest 5% of families increased by $39,934, from $180,439 to $220,373.
From: Pulling apart: A state-by-state analysis of income trends
The gap between the richest and poorest families, as well as between the richest and middle-income families, grew significantly in most states over the past two decades. A new study of the latest Census Bureau data shows that the nation's long-standing trend of growing inequality has only accelerated in the last several years, as incomes fell for poor and stagnated for middle-income families in a number of states.
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