Wealth Index
Among the top 5 wealthiest counties in Alabama
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 | Autauga County | Alabama Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,369 | $62,318 | $78,145 |
| Median Personal Income | $54,942 | $53,379 | $61,726 |
| Average income growth | 4.0% | 4.8% | 5.1% |
| Six-Figure Earners | 9.4% | 9.0% | 13.2% |
The median household income in Autauga County is about 13% higher than in Alabama. Income has been growing slower in Autauga County (4.0%/yr) than in Alabama (4.8%/yr).
About 9% of adults in Autauga County earn six figures ($100,000 or more) a year, about the same as the Alabama average of 9%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Autauga County, Alabama grew by 36.9% from 2009 to 2023, reaching $70,369 in 2023. That's an average of about 4.0% per year.
Economic Inequality in Autauga County | Gender Pay Gap | Gini Coefficient
| Metric | Autauga County | Alabama Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.572 | 0.570 |
| Male Median Income | $63,656 | $61,248 | $67,746 |
| Female Median Income | $44,322 | $45,616 | $54,793 |
| Gender Pay Gap | 30.4% | 25.5% | 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 Autauga County, it is 0.560, lower than Alabama's 0.572, so income is more 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 44% more than women's income in Autauga County, Alabama. Over a 35-year career, a 44% wage gap accumulates to roughly $676,690 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Autauga County, Alabama has narrowed from about 33% to 30% in 2023. In dollar terms, the gap has widened by $3,867 since 2009.
Employment
| Metric | Autauga County | Alabama Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.5% | 4.8% | 5.2% |
| Working from Home | 5.8% | 7.8% | 13.4% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 688 people are unemployed in Autauga County, Alabama.
The average commute time in Autauga County is 23 minutes, longer than the 22 minutes in Alabama.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Autauga County, Alabama has fallen from 7.4% to 2.5% in 2023.
Conclusion
Considering all these factors, Autauga County, Alabama has an overall wealth index grade of C, making it somewhat better than Alabama, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Autauga County, Alabama.
How Wealthy Is Autauga County, Alabama?
Autauga County 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 $70,369, about 13% higher than the Alabama average of $62,318.
What is the current median household income in Autauga County, Alabama?
As of 2023, the median household income in Autauga County, Alabama is $70,369.
What was the median household income in Autauga County in 2023?
In 2023, the median household income in Autauga County, Alabama was $70,369.
What was the median household income in Autauga County in 2020?
In 2020, the median household income in Autauga County, Alabama was $58,560.
What is the Gini coefficient in Autauga County, Alabama?
The Gini coefficient in Autauga County is 0.560. 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 Autauga County, Alabama?
Since 2009, the income gap between men and women in Autauga County, Alabama has narrowed from about 33% to 30% in 2023. In dollar terms, the gap has widened by $3,867 since 2009.