Welaka, FL

Full City Profile · Florida · Putnam County County

2.8 /5.0
C+ Fair
1,059 Population 716/sq mi density
$51,528 Median Income $29,107 per capita
$271,200 Home Value $263,449 Zillow
$949 Median Rent 51.0% income on rent
71°F Avg Temperature
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$51,528 median income, 7.8% unemployment
B+
Affordability
3.7 / 5.0
$271,200 home value, $949/mo rent
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher

Income Overview

Median Household Income
$51,528
31% below
US avg: $75,149
Per Capita Income
$29,107
25% below
US avg: $39,052
Unemployment Rate
7.8%
117% above
US avg: 3.6%
Poverty Rate
16.6%
34% above
US avg: 12.4%

Income Comparison: Welaka vs. U.S. Average

Each bar shows Welaka’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$51,528
69%
Per Capita
US: $39,052
$29,107
75%
IRS Avg AGI
US: $72,000
$51,965
72%
Avg Weekly Wage
US: $1,432
$992
69%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$992
31% below US avg ($1,432)
Mean Commute Time
37 min
33% above US avg (28 min)
Work From Home
6.4%
58% below US avg (15.2%)
Drive Alone
69.2%
5% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,499M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 69.2%
Public Transit 0%
Work From Home 6.4%
Other 24.4%
Average commute time
37 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,593
Restaurants
116
Healthcare
154
Retail
209
Manufacturing
40

Tax & Financial

IRS Avg Adjusted Gross Income
$51,965
28% below US avg ($72,000)
Avg Property Tax
$4,798
37% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$51,528
Per Capita Income$29,107
IRS Avg Adjusted Gross Income$51,965
Avg Weekly Wage$992
County GDP$3,499M

Hardship Indicators

Unemployment Rate7.8%
Poverty Rate16.6%
Gini Coefficient0.480
Cost of Living Index103.4

Commute

Mean Commute37 minutes
Drive Alone69.2%
Public Transit0.0%
Work From Home6.4%

Businesses

Total Establishments1,593
Restaurants116
Healthcare154
Retail209
Manufacturing40

Tax

IRS Avg AGI$51,965
Avg Property Tax$4,798