Exploring the Economic Landscape of Volusia and Flagler Counties

Volusia County median household income

Recent data from the American Community Survey (ACS) highlights an interesting economic landscape in Volusia and Flagler counties. While Florida’s median household income of $69,303 lags behind the U.S. median of $74,755, there are notable exceptions and surprises within these counties. Here is an overview of the Volusia County median household income.

Ponce Inlet: The Pinnacle of Prosperity

Ponce Inlet, a picturesque enclave at the tip of a peninsula, tops the region with a median household income of $98,125. Known for its historic lighthouse, scenic waterfront, and Marine Science Center, Ponce Inlet is a small yet affluent community with a population just shy of 3,400. The town’s charm and affluence make it a standout in Volusia County and making it the highest ranking Volusia County median household income.

Lake Helen: A Surprising Upsurge

Lake Helen, a quaint, rural enclave with a population of 2,836, saw a dramatic 57% increase in median household income, reaching $91,861. This significant rise, despite minimal population growth, raises questions about the underlying factors driving such economic changes in this historic town.

DeBary: Commuter Convenience and Growth

DeBary, with its strategic SunRail stop, offers a convenient commute to Orlando, contributing to its median household income of $83,678. This southwestern city is also developing a new downtown near the train station, promising further economic growth and community development.

Other Noteworthy Cities

Several other cities in the region, while not surpassing the national median income, still present notable figures:

  • Oak Hill: $73,350
  • Deltona: $73,115
  • New Smyrna Beach: $73,096
  • DeLand: $71,439

The Economic Spectrum

The data showcases a broad spectrum of economic conditions across the region:

  • Palm Coast: $68,434
  • Daytona Beach Shores: $65,334
  • Ormond Beach: $65,238
  • Port Orange: $65,026
  • Flagler Beach: $64,242

At the lower end, cities like Pierson ($50,179), Orange City ($49,681), and Bunnell ($42,831) fall significantly below the national median.

Holly Hill: A City in Transition

Holly Hill, with the lowest median income in the area at $40,908, reflects both challenges and resilience. The city saw a nearly 10% increase from the previous year, despite setbacks like the relocation of Florida Health Care Plans’ headquarters. The introduction of Pictona, a pickleball complex, has brought new energy to the community, indicating potential for future growth.

Conclusion

The ACS data provides valuable insights into the diverse economic realities of Volusia and Flagler counties. While many cities trail the national median, exceptions like Ponce Inlet and Lake Helen highlight areas of significant wealth and unexpected growth. As these communities continue to evolve, understanding these economic trends will be crucial for residents and policymakers alike.

Thanks for reading,
Chris

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