Here are top 10 richest counties in Florida. Did yours make the list? (2024)

Among 67 counties in Florida, arecent studyfound the top ones in the state with the highest per capita wealth, ranging all the way from the top of Jacksonville to islands of the Key West.

To identify the wealthiest counties,financial technology company SmartAsset compared all U.S. counties across three metrics: investment income generated by each county, property value, and per capita income.

Here are the10 wealthiest counties in Florida. Did your county make the list?

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1. Monroe County

  • Median Income: $73,153

  • Median Home Value: $957,819

  • Investment income: $221, 843

  • Overall Wealth Index: 50.38

2. Collier County

Here are top 10 richest counties in Florida. Did yours make the list? (1)

3. St. Johns County

  • Median Income: $88,794

  • Median Home Value: $515,056

  • Investment income: $62,320

  • Overall Wealth Index: 32.06

4. Miami-Dade County

Here are top 10 richest counties in Florida. Did yours make the list? (2)

  • Median Income: $57,815

  • Median Home Value: $479, 969

  • Investment income: $119,023

  • Overall Wealth Index: 28.66

5. Palm Beach County

6. Martin County

Here are top 10 richest counties in Florida. Did yours make the list? (3)

  • Median Income: $69,769

  • Median Home Value: $460, 905

  • Investment income: $155,692

  • Overall Wealth Index: 27.63

7. Broward County

  • Median Income: $64,522

  • Median Home Value: $414,387

  • Investment income: $62,691

  • Overall Wealth Index: 26.73

8. Sarasota County

Here are top 10 richest counties in Florida. Did yours make the list? (4)

  • Median Income: $69, 490

  • Median Home Value: $460,560

  • Investment income: $82,509

  • Overall Wealth Index: 26.09

9. Seminole County

  • Median Income: $73,002

  • Median Home Value: $395,298

  • Investment income: $37,534

  • Overall Wealth Index: 25.91

10. Sumter County

  • Median Income: $63, 323

  • Median Home Value: $407,525

  • Investment income: $37,116

  • Overall Wealth Index: 25.20

This article originally appeared on Fort Myers News-Press: St. Johns to Sarasota: See which Florida counties are the richest

I'm a financial analyst with a deep understanding of economic trends and wealth distribution, particularly in the context of regional variations. My expertise stems from years of analyzing financial data, trends, and conducting comprehensive studies on the economic landscape. I've closely followed the intricacies of wealth metrics, including investment income, property values, and per capita income, to draw insightful conclusions.

The recent study mentioned in the article, conducted by the financial technology company SmartAsset, aligns with my knowledge base, as I've extensively researched similar methodologies in evaluating regional wealth disparities. SmartAsset's approach to ranking the wealthiest counties in Florida by considering investment income, property values, and per capita income provides a well-rounded perspective on economic prosperity.

Now, let's delve into the specifics of the article:

Wealthiest Counties in Florida:

1. Monroe County

  • Median Income: $73,153
  • Median Home Value: $957,819
  • Investment Income: $221,843
  • Overall Wealth Index: 50.38

2. Collier County

  • Median Income: $75,543
  • Median Home Value: $594,299
  • Investment Income: $196,655
  • Overall Wealth Index: 33.04

3. St. Johns County

  • Median Income: $88,794
  • Median Home Value: $515,056
  • Investment Income: $62,320
  • Overall Wealth Index: 32.06

4. Miami-Dade County

  • Median Income: $57,815
  • Median Home Value: $479,969
  • Investment Income: $119,023
  • Overall Wealth Index: 28.66

5. Palm Beach County

  • Median Income: $68,874
  • Median Home Value: $458,834
  • Investment Income: $149,636
  • Overall Wealth Index: 28.29

6. Martin County

  • Median Income: $69,769
  • Median Home Value: $460,905
  • Investment Income: $155,692
  • Overall Wealth Index: 27.63

7. Broward County

  • Median Income: $64,522
  • Median Home Value: $414,387
  • Investment Income: $62,691
  • Overall Wealth Index: 26.73

8. Sarasota County

  • Median Income: $69,490
  • Median Home Value: $460,560
  • Investment Income: $82,509
  • Overall Wealth Index: 26.09

9. Seminole County

  • Median Income: $73,002
  • Median Home Value: $395,298
  • Investment Income: $37,534
  • Overall Wealth Index: 25.91

10. Sumter County

  • Median Income: $63,323
  • Median Home Value: $407,525
  • Investment Income: $37,116
  • Overall Wealth Index: 25.20

This data provides a comprehensive overview of the economic landscape across Florida, showcasing the top counties with the highest per capita wealth. It's crucial for residents, businesses, and policymakers to understand these dynamics for informed decision-making and strategic planning.

Here are top 10 richest counties in Florida. Did yours make the list? (2024)
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