The Vine Room has a cool speakeasy vibe. Another romantic spot in downtown Naples

All the wealth in Miami can’t stack up to the riches of Naples and Collier County. In fact, only one county beats out Collier in this Overall Wealth Index Study from financial technology company SmartAsset. That county is home to the Florida Keys, Monroe County.

The company created their index by adding up three key metrics. Investment income, property value, and per capita income. Of the 67 counties in Florida, Glades County, home to Moore Haven and Palmdale finished last. According to the study, Glades County residents Median Income is $38.088. Investment Income is $20,804. And a Median Home value of $235,335. Investment income defined as Ordinary Dividends, Qualified Dividends, and Net Capital Gains. With 18.80% of the residents 65 or older Glades could be considered fairly young for Florida.

Sticking to our Southwest Florida area, Lee County ranked in as the 17th richest county in Florida. There’s definitely some money in Fort Myers. I do wonder if the data accounts for the destruction on Fort Myers Beach, Sanibel, and Captiva. Cape Coral still has a lot of blue tarps up, too.

Just to the north, Charlotte County ranks as the 26th richest county.

On a National level, the four richest counties in the country are all in California. San Mateo County is number one on the list. A Median Income of $136,837. Investment Income of $149,818. And a Median Home Value of $1,495,191. I really don’t know how anyone can afford to live in the Bay Area of California. I can barely make my Estero, Florida mortgage payment.

Here’s the 10 Wealthiest Counties in Florida. Data provided by SmartAsset.

  • 10. Sumter County

    Sumter County ranks 10th in the state with a median income of $63,323, investment income of $37,116, and median home value of $407,525. Their Overall Wealth Index is 25.20. Sumter County has the highest percentage of residents aged 65 and older—at 55.6%. Blame that on “The Villages”.

  • 9. Seminole County

    Seminole County ranks 9th in the state with a median income of $73,002, investment income of $37,534, and median home value of $395,298. Their Overall Wealth Index is 25.91. Just outside of Orlando, Sanford is the biggest city in this county.

  • 8. Sarasota County

    Sarasota County ranks 8th in the state with a median income of $69,490, investment income of $82,509, and median home value of $460,560. Their Overall Wealth Index is 26.09. Sarasota, North Port, Bradenton.

  • 7. Broward County

    Broward County ranks 7th in the state with a median income of $64,522, investment income of $62,691, and median home value of $414,387. Their Overall Wealth Index is 26.73. Fort Lauderdale and surrounding area.

  • 6. Martin County

    Martin County ranks 6th in the state with a median income of $69,769, investment income of $155,692, and median home value of $460,905. Their Overall Wealth Index is 27.63. Martin County is consistently voted as one of the best places to live in Florida.

  • 5. Palm Beach County

    Palm Beach County ranks 5th in the state with a median income of $68,874, investment income of $149,636, and median home value of $458,834. Their Overall Wealth Index is 28.29. Sticking on the east coast, this is the wealthy West Palm and Boca area.

  • 4. Miami-Dade County

    Miami-Dade County ranks 4th in the state with a median income of $57,815, investment income of $119,023, and median home value of $479,969. Their Overall Wealth Index is 28.66. The biggest county in Florida, and one of the richest.

  • 3. St. Johns County

    St. Johns County ranks 3rd in the state with a median income of $88,794, investment income of $62,320, and median home value of $515,056. Their Overall Wealth Index is 32.06. St. Augustine is here. Like many parts of Florida, traffic is becoming a mess as more people move here.

  • 2. Collier County

    Collier County ranks 2nd in the state with a median income of $75,543, investment income of $196,655, and median home value of $594,299. Their Overall Wealth Index is 33.04. Naples money. And alligators.

  • 1. Monroe County

    Monroe County ranks 1st in the state with a median income of $73,153, investment income of $221,843, and median home value of $957,819. Their Overall Wealth Index is 50.38. The Florida Keys. The median home value is what sets them on top.

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  • And bonus: 17. Lee County

    Lee County ranks 17th in the state with a median income of $63.235, investment income of $83.885, and median home value of $375,449.  The hurricane probably knocked us back a bit. With the building going on I could see Lee County in the top 10 within a few years.

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