When it comes to wealth in Florida, Monroe County takes the lead with a median home value just below $1 million ($957,819). However, it doesn’t hold the top spot for median income ($73,153).

If you’re dreaming of a luxurious retirement or seeking a prosperous place to spend your younger days, Florida’s wealthiest counties might pique your interest.

The wealthiest county among Florida’s 67 counties boasts a median home value nearly three times higher than the state’s median of $326,286.

SmartAsset conducted a study to determine the wealthiest counties in Florida, analyzing data from the Census Bureau, real estate site Zillow, and the U.S. Internal Revenue Service.

Here’s the Top 10 list:

  1. Monroe County
    Median income: $73,153
    Investment income: $221,843
    Median home value: $957,819
  2. Collier County
    Median income: $75,543
    Investment income: $196,655
    Median home value: $594,299
  3. St. Johns County
    Median income: $88,794
    Investment income: $62,320
    Median home value: $515,056
  4. Miami-Dade County
    Median income: $57,815
    Investment income: $119,023
    Median home value: $479,969
  5. Palm Beach County
    Median income: $68,874
    Investment income: $149,636
    Median home value: $458,834
  6. Martin County
    Median income: $69,769
    Investment income: $155,692
    Median home value: $460,905
  7. Broward County
    Median income: $64,522
    Investment income: $62,691
    Median home value: $414,387
  8. Sarasota County
    Median income: $69,490
    Investment income: $82,509
    Median home value: $460,560
  9. Seminole County
    Median income: $73,002
    Investment income: $37,534
    Median home value: $395,298
  10. Sumter County
    Median income: $63,323
    Investment income: $37,116
    Median home value: $407,525

© 2023 Miami Herald. Distributed by Tribune Content Agency, LLC.

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