Gainesville is a city in Florida state in USA with a population of 133611 residents.. The poverty rate of Gainesville is 29.7%, which is 112% higher than national average. The typical household in Gainesville earns $38028 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Gainesville, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Gainesville remained 5.1%, which is 9% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Gainesville, only 48% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Gainesville is 99, which is 1% lower than national average. Median home value in Gainesville is $179500 , which is 22% lower than national average. While median income in Gainesville remained $38028, which is 44% lower than national average.