By Morgan Watkins | The Gainesville Sun
The median household income for Alachua County last year was the highest it has been since 2008 but fell below the state and national medians for the same category, according to data the U.S. Census Bureau released Thursday.
The county's median household income for 2012 was $41,669. That isn't as high as Alachua County's 2008 figure of $43,098, but it is an increase over 2011, when the median household income was $39,636, according to American Community Survey data for those years.
Florida's median household income for 2012 was $45,040 and the median household income for the U.S. overall was $51,371, according to the 2012 American Community Survey.
Although the county's median household income for 2012 is up from 2011 and the highest it has been since 2008, that figure has fluctuated over the past few years.
It dropped from $43,098 in 2008 to $38,019 in 2009, before going up again in 2010 to $40,358. The median household income dipped again in 2011 before increasing once more in 2012.
It's always good to see important economic indicators such as this one trend upward, according to Alachua County Communications Coordinator Mark Sexton.
“It's good news for the economy, good news for the tax base and certainly good news for the citizens,” he said.
Sexton mentioned the county's participation in the state's Qualified Target Industry program, which is a tax-refund program that provides incentives for high-wage job creation in certain industries, as one way the county is attracting businesses to the area and encouraging job growth. The state pays 80 percent of the tax refund for the QTI program, while local governments pay the other 20 percent.
Sexton also pointed to the recent emergence of new high-tech jobs offering good average salaries in the county as another positive development.
Contact Morgan Watkins at 338-3104 or firstname.lastname@example.org.