Wealth Index
Least wealthy county in Arizona
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 | Apache County | Arizona Avg | US Average |
|---|---|---|---|
| Median Household Income | $40,316 | $77,100 | $78,145 |
| Median Personal Income | $45,092 | $58,256 | $61,726 |
| Average income growth | 3.2% | 5.9% | 5.1% |
| Six-Figure Earners | 3.6% | 11.7% | 13.2% |
The median household income in Apache County is about 48% lower than in Arizona. Income has been growing slower in Apache County (3.2%/yr) than in Arizona (5.9%/yr).
About 4% of adults in Apache County earn six figures ($100,000 or more) a year, lower than the Arizona average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Apache County, Arizona grew by 42.8% from 2009 to 2023, reaching $40,316 in 2023. That's an average of about 3.2% per year.
Economic Inequality in Apache County | Gender Pay Gap | Gini Coefficient
| Metric | Apache County | Arizona Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.661 | 0.571 | 0.570 |
| Male Median Income | $51,731 | $63,179 | $67,746 |
| Female Median Income | $41,855 | $52,803 | $54,793 |
| Gender Pay Gap | 19.1% | 16.4% | 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 Apache County, it is 0.661, higher than Arizona's 0.571, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 24% more than women's income in Apache County, Arizona. Over a 35-year career, a 24% wage gap accumulates to roughly $345,660 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Apache County, Arizona has widened from about 17% to 19% in 2023. In dollar terms, the gap has widened by $3,707 since 2009.
Employment
| Metric | Apache County | Arizona Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 10.0% | 5.1% | 5.2% |
| Working from Home | 9.3% | 16.5% | 13.4% |
| Commute time (minutes) | 21 | 22 | 22 |
Approximately 2,057 people are unemployed in Apache County, Arizona.
The average commute time in Apache County is 21 minutes, shorter than the 22 minutes in Arizona.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Apache County, Arizona has fallen from 18.8% to 10.0% in 2023.
Conclusion
Considering all these factors, Apache County, Arizona has an overall wealth index grade of F, making it worse than Arizona, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Apache County, Arizona.
How Wealthy Is Apache County, Arizona?
Apache County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $40,316, about 48% lower than the Arizona average of $77,100.
What is the current median household income in Apache County, Arizona?
As of 2023, the median household income in Apache County, Arizona is $40,316.
What was the median household income in Apache County in 2023?
In 2023, the median household income in Apache County, Arizona was $40,316.
What was the median household income in Apache County in 2020?
In 2020, the median household income in Apache County, Arizona was $33,831.
What is the Gini coefficient in Apache County, Arizona?
The Gini coefficient in Apache County is 0.661. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Apache County, Arizona?
Since 2009, the income gap between men and women in Apache County, Arizona has widened from about 17% to 19% in 2023. In dollar terms, the gap has widened by $3,707 since 2009.