1. What is Income Percentile?

Income percentile represents where your income falls compared to other Florida residents. For example, if your income is at the 75th percentile, you earn more than 75% of Florida residents.

2. How Does the Calculator Work?

The calculator uses Florida income distribution data to determine your position relative to other residents:

The calculation is based on the latest available income distribution data for Florida from official sources.

3. Importance of Income Percentile

Details: Understanding your income percentile helps contextualize your earnings within the Florida economy, assists with financial planning, and provides insight into economic inequality within the state.

4. Using the Calculator

Tips: Enter your annual pre-tax income in dollars. The calculator will show what percentage of Florida residents earn less than you.

5. Frequently Asked Questions (FAQ)

Q1: What data source is used for Florida income percentiles?
A: This calculator uses the most recent Census Bureau American Community Survey data for Florida income distribution.

Q2: Does this include all types of income?
A: The percentile calculation is based on pre-tax total money income including wages, salaries, investment income, and government transfers.

Q3: How often is the income data updated?
A: Official income distribution data is typically updated annually with new Census Bureau releases.

Q4: Are there different percentiles for different household sizes?
A: This calculator provides overall percentiles. More detailed breakdowns by household size and composition are available from official sources.

Q5: How does Florida's income distribution compare to other states?
A: Florida's income distribution tends to have slightly higher inequality than the national average, with a larger gap between high and low earners.