What is the median household income in Hernando, FL?
The median household income in Hernando, FL is $43,076 (±$8,638) a year (2020–2024 American Community Survey).
Paying the median gross rent of $964 a month would take about $38,600 a year at the common guideline of spending no more than 30% of income on rent.
In Hernando, the median household income went from $34,356 in 2015–2019 to $43,076 in 2020–2024 (+25.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $43,076 (±$8,638)
- Median renter income
- $39,338 (±$21,654)
- Income to afford median rent
- about $38,600
Income in Hernando against Citrus County, its state and the nation
| Hernando | Citrus County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $43,076 (±$8,638) | $56,546 (±$1,701) | $74,568 (±$284) | $80,734 |
| Median renter household income | $39,338 (±$21,654) | $37,570 (±$4,151) | $53,617 (±$353) | $52,966 |
| Median owner household income | $49,703 (±$9,582) | $59,957 (±$2,313) | $88,144 (±$469) | $100,009 |
| Median gross rent | $964 (±$211) | $1,107 (±$50) | $1,669 (±$5) | $1,413 |
In Hernando, median household income is lower than in Citrus County ($56,546).
It is also lower than in Florida ($74,568).
It is lower than the national figure ($80,734).
In Citrus County, Hernando ranks 15 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 788 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Hernando
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $964 a month ($11,568 a year) needs an income of about $38,600 a year.
The median renting household in Hernando earns $39,338 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $34,356 (±$2,959) | $43,076 (±$8,638) | +25.4% | No measurable change after inflation |
| Median gross rent | $682 (±$174) | $964 (±$211) | +41.3% | No measurable change after inflation |
| Median home value | $89,200 (±$13,755) | $209,700 (±$28,620) | +135.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Hernando
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Hernando | — | $43,076 (±$8,638) | — |
| Beverly Hills | 4.5 mi | $46,488 (±$3,960) | Not measurably different |
| Citrus Springs | 4.8 mi | $68,011 (±$12,826) | Higher |
| Citrus Hills | 5.2 mi | $85,837 (±$5,041) | Higher |
| Pine Ridge (Citrus County) | 5.2 mi | $71,014 (±$17,928) | Higher |
| Inverness Highlands North | 6.3 mi | $63,281 (±$16,200) | Higher |
| Black Diamond | 7.0 mi | $96,305 (±$20,840) | Higher |
| Dunnellon | 7.5 mi | $40,545 (±$9,930) | Not measurably different |
| Inverness | 8.2 mi | $43,523 (±$7,703) | Not measurably different |
Nearby places with a measurably higher figure: Citrus Springs, FL ($68,011), Citrus Hills, FL ($85,837), Pine Ridge (Citrus County), FL ($71,014).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Citrus County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 9 | Lecanto | $56,215 (±$32,154) |
| 10 | Crystal River | $54,405 (±$18,066) |
| 11 | Homosassa | $52,154 (±$21,148) |
| 12 | Homosassa Springs | $48,049 (±$5,722) |
| 13 | Beverly Hills | $46,488 (±$3,960) |
| 14 | Inverness | $43,523 (±$7,703) |
| 15 | Hernando | $43,076 (±$8,638) |
Showing 7 of 15 places in Citrus County, ranked from highest to lowest.
Hernando is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hernando
What is the median household income in Hernando?
The median household income in Hernando is $43,076 (±$8,638) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Hernando?
About $38,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $964 a month.
Have incomes in Hernando kept up with inflation?
In Hernando, the median household income went from $34,356 in 2015–2019 to $43,076 in 2020–2024 (+25.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Hernando?
The median renting household in Hernando, FL earns $39,338 (±$21,654) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hernando CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hernando CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hernando CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hernando CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hernando CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hernando CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hernando CDP, Florida (place:29425, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Home values in Hernando
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- Population growth in Hernando
- How long people stay in Hernando
- Crowding and facilities in Hernando
- Florida landlord and tenant rules
- Housing across Citrus County
- Florida places ranked by median household income
- Housing data for every place in Florida