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Economy & jobs
Statistics · City
estimate
Median household income in Coconut Grove
2021 – 2024 · 4 data points
6 of 17 · Towns of Florida
Updated Nov 6, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2021 – 2024
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Overview
7 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$103,420
+12%
since 2023 ± $15,173 · margin of error
Towns of Florida · 2024
6 of 17
Place 1 is the highest value.
vs Miami-Dade County
+44%
Miami-Dade County: $71,753 · 2024
Median household income, 2021 – 2024 US Dollar · Coconut Grove · Miami-Dade County · Florida · United States
$40,000
$60,000
$80,000
$100K
$120K
2021
2024
Coconut Grove
Miami-Dade County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2021 – 2024
Compared with Median household income · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Coconut Grove · 2021 – 2024
Latest value
$103,420 · 2024
First value
$76,560 · 2021
Highest
$103,420 · 2024
Lowest
$76,560 · 2021
Average change
+10.5% a year on average
Data points
4
By year
All years · 2021 – 2024
| Year | Coconut Grove | ± | Change | Miami-Dade County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $103,420 | $15,173 | +12% | $71,753 | $74,568 | $80,734 |
| 2023estimate | $92,734 | $10,326 | +5.5% | $68,694 | $71,711 | $78,538 |
| 2022estimate | $87,924 | $11,295 | +15% | $64,215 | $67,917 | $75,149 |
| 2021estimate | $76,560 | $11,222 | $57,815 | $61,777 | $69,021 |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2021 – 2024
Ranking · Towns of Florida
2024 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 1 | Inlet Beach | $146K | |
| 2 | Clearwater Beach | $117K | |
| 3 | Pensacola Beach | $116K | |
| 4 | Santa Rosa Beach | $108K | |
| 5 | Ochopee | $107K | |
| 6 | Coconut Grove | $103K | |
| 7 | Myakka City | $92,005 | |
| 8 | Elkton | $86,185 | |
| 9 | Cantonment | $86,087 | |
| 10 | Placida | $85,848 | |
| 11 | Everglades City | $85,000 | |
| 12 | Baker | $84,992 | |
| 13 | McDavid | $79,279 | |
| 14 | Carol City | $62,286 | |
| 15 | Youngstown | $60,337 | |
| 16 | Holt | $59,875 | |
| 17 | Fountain | $50,000 |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2024
What it means
The income in the middle: half the households earn more, half earn less.
How it is calculated
Median of total annual household income from the survey, in dollars of the survey's last year.
Economy & jobs
Coconut Grove in numbers
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$261B
2024 · Miami-Dade County
Economic growth
3.4%
2024 · Miami-Dade County
Inflation
2.9%
2024 · United States
Unemployment rate
2.7%
2025 · Miami-Dade County
Unemployment rate, latest month
2.7%
Aug 2026 · Miami-Dade County
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
71.9%
2024
Labour force
1.4M
2025 · Miami-Dade County
Household income per person
$64,167
2024 · Florida