Wealth Index
Less wealthy than 76% of counties in Alaska
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Dillingham Census Area | Alaska Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,624 | $90,338 | $78,145 |
| Median Personal Income | $69,807 | $69,250 | $61,726 |
| Average income growth | 4.3% | 2.8% | 5.1% |
| Six-Figure Earners | 14.2% | 15.9% | 13.2% |
The median household income in Dillingham Census Area is about 17% lower than in Alaska. Income has been growing faster in Dillingham Census Area (4.3%/yr) than in Alaska (2.8%/yr).
About 14% of adults in Dillingham Census Area earn six figures ($100,000 or more) a year, lower than the Alaska average of 16%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Dillingham Census Area, Alaska grew by 22.4% from 2009 to 2023, reaching $74,624 in 2023. That's an average of about 4.3% per year.
Economic Inequality in Dillingham Census Area | Gender Pay Gap | Gini Coefficient
| Metric | Dillingham Census Area | Alaska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.558 | 0.540 | 0.570 |
| Male Median Income | $70,831 | $73,954 | $67,746 |
| Female Median Income | $67,777 | $63,633 | $54,793 |
| Gender Pay Gap | 4.3% | 14.0% | 19.1% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Dillingham Census Area, it is 0.558, higher than Alaska's 0.540, so income is less evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 5% more than women's income in Dillingham Census Area, Alaska. Over a 35-year career, a 5% wage gap accumulates to roughly $106,890 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Dillingham Census Area, Alaska has widened from about 1% to 4% in 2023. In dollar terms, the gap has widened by $2,785 since 2009.
Employment
| Metric | Dillingham Census Area | Alaska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 10.7% | 5.4% | 5.2% |
| Working from Home | 7.2% | 8.8% | 13.4% |
| Commute time (minutes) | 8 | 16 | 22 |
Approximately 224 people are unemployed in Dillingham Census Area, Alaska.
The average commute time in Dillingham Census Area is 8 minutes, shorter than the 16 minutes in Alaska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Dillingham Census Area, Alaska has fallen from 15.3% to 10.7% in 2023.
Conclusion
Considering all these factors, Dillingham Census Area, Alaska has an overall wealth index grade of C, making it somewhat worse than Alaska, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Dillingham Census Area, Alaska.
How Rich Is Dillingham Census Area, Alaska?
Dillingham Census Area has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $74,624, about 17% lower than the Alaska average of $90,338.
What is the current median household income in Dillingham Census Area, Alaska?
As of 2023, the median household income in Dillingham Census Area, Alaska is $74,624.
What was the median household income in Dillingham Census Area in 2023?
In 2023, the median household income in Dillingham Census Area, Alaska was $74,624.
What was the median household income in Dillingham Census Area in 2020?
In 2020, the median household income in Dillingham Census Area, Alaska was $57,648.
What is the Gini coefficient in Dillingham Census Area, Alaska?
The Gini coefficient in Dillingham Census Area is 0.558. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Dillingham Census Area, Alaska?
Since 2009, the income gap between men and women in Dillingham Census Area, Alaska has widened from about 1% to 4% in 2023. In dollar terms, the gap has widened by $2,785 since 2009.