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 | Pinal County | Arizona Avg | US Average |
|---|---|---|---|
| Median Household Income | $78,302 | $77,100 | $78,145 |
| Median Personal Income | $55,719 | $58,256 | $61,726 |
| Average income growth | 6.3% | 5.9% | 5.1% |
| Six-Figure Earners | 8.5% | 11.7% | 13.2% |
The median household income in Pinal County is about 2% higher than in Arizona. Income has been growing faster in Pinal County (6.3%/yr) than in Arizona (5.9%/yr).
About 9% of adults in Pinal 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 Pinal County, Arizona grew by 58.9% from 2009 to 2023, reaching $78,302 in 2023. That's an average of about 6.3% per year.
Economic Inequality in Pinal County | Gender Pay Gap | Gini Coefficient
| Metric | Pinal County | Arizona Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.579 | 0.571 | 0.570 |
| Male Median Income | $62,030 | $63,179 | $67,746 |
| Female Median Income | $49,547 | $52,803 | $54,793 |
| Gender Pay Gap | 20.1% | 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 Pinal County, it is 0.579, 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 25% more than women's income in Pinal County, Arizona. Over a 35-year career, a 25% wage gap accumulates to roughly $436,905 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pinal County, Arizona has narrowed from about 23% to 20% in 2023. In dollar terms, the gap has widened by $2,071 since 2009.
Employment
| Metric | Pinal County | Arizona Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.8% | 5.1% | 5.2% |
| Working from Home | 14.9% | 16.5% | 13.4% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 11,244 people are unemployed in Pinal County, Arizona.
The average commute time in Pinal County is 31 minutes, longer than the 22 minutes in Arizona.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pinal County, Arizona has fallen from 9.9% to 5.8% in 2023.
Conclusion
Considering all these factors, Pinal County, Arizona has an overall wealth index grade of D, making it about on par with Arizona, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pinal County, Arizona.
How Rich Is Pinal County, Arizona?
Pinal County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $78,302, about 2% higher than the Arizona average of $77,100.
What is the current median household income in Pinal County, Arizona?
As of 2023, the median household income in Pinal County, Arizona is $78,302.
What was the median household income in Pinal County in 2023?
In 2023, the median household income in Pinal County, Arizona was $78,302.
What was the median household income in Pinal County in 2020?
In 2020, the median household income in Pinal County, Arizona was $61,110.
What is the Gini coefficient in Pinal County, Arizona?
The Gini coefficient in Pinal County is 0.579. 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 Pinal County, Arizona?
Since 2009, the income gap between men and women in Pinal County, Arizona has narrowed from about 23% to 20% in 2023. In dollar terms, the gap has widened by $2,071 since 2009.