Wealth Index
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 | Marana | Arizona Avg | US Average |
|---|---|---|---|
| Median Household Income | $101,905 | $77,100 | $78,145 |
| Median Personal Income | $71,639 | $58,256 | $61,726 |
| Average income growth | 5.0% | 5.9% | 5.1% |
| Six-Figure Earners | 16.7% | 11.7% | 13.2% |
The median household income in Marana is about 32% higher than in Arizona. Income has been growing slower in Marana (5.0%/yr) than in Arizona (5.9%/yr).
About 17% of adults in Marana earn six figures ($100,000 or more) a year, higher than the Arizona average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Marana, Arizona grew by 51.8% from 2009 to 2023, reaching $101,905 in 2023. That's an average of about 5.0% per year.
Economic Inequality in Marana | Gender Pay Gap | Gini Coefficient
| Metric | Marana | Arizona Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.571 | 0.570 |
| Male Median Income | $82,604 | $63,179 | $67,746 |
| Female Median Income | $59,668 | $52,803 | $54,793 |
| Gender Pay Gap | 27.8% | 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 Marana, it is 0.536, lower than Arizona's 0.571, 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 38% more than women's income in Marana, Arizona. Over a 35-year career, a 38% wage gap accumulates to roughly $802,760 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Marana, Arizona has narrowed from about 31% to 28% in 2023. In dollar terms, the gap has widened by $5,593 since 2009.
Employment
| Metric | Marana | Arizona Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 5.1% | 5.2% |
| Working from Home | 19.7% | 16.5% | 13.4% |
| Commute time (minutes) | 28 | 22 | 22 |
Approximately 1,369 people are unemployed in Marana, Arizona.
The average commute time in Marana is 28 minutes, longer than the 22 minutes in Arizona.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marana, Arizona has fallen from 7.7% to 5.2% in 2023.
Conclusion
Considering all these factors, Marana, Arizona has an overall wealth index grade of B, making it somewhat better than Arizona, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Marana, Arizona.
How Rich Is Marana, Arizona?
Marana has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $101,905, about 32% higher than the Arizona average of $77,100.
What is the current median household income in Marana, Arizona?
As of 2023, the median household income in Marana, Arizona is $101,905.
What was the median household income in Marana in 2023?
In 2023, the median household income in Marana, Arizona was $101,905.
What was the median household income in Marana in 2020?
In 2020, the median household income in Marana, Arizona was $85,796.
What is the Gini coefficient in Marana, Arizona?
The Gini coefficient in Marana is 0.536. 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 Marana, Arizona?
Since 2009, the income gap between men and women in Marana, Arizona has narrowed from about 31% to 28% in 2023. In dollar terms, the gap has widened by $5,593 since 2009.