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 | Queen Creek | Arizona Avg | US Average |
|---|---|---|---|
| Median Household Income | $132,140 | $77,100 | $78,145 |
| Median Personal Income | $78,402 | $58,256 | $61,726 |
| Average income growth | 6.1% | 5.9% | 5.1% |
| Six-Figure Earners | 20.1% | 11.7% | 13.2% |
The median household income in Queen Creek is about 71% higher than in Arizona. Income has been growing faster in Queen Creek (6.1%/yr) than in Arizona (5.9%/yr).
About 20% of adults in Queen Creek 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 Queen Creek, Arizona grew by 67.4% from 2009 to 2023, reaching $132,140 in 2023. That's an average of about 6.1% per year.
Economic Inequality in Queen Creek | Gender Pay Gap | Gini Coefficient
| Metric | Queen Creek | Arizona Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.583 | 0.571 | 0.570 |
| Male Median Income | $93,817 | $63,179 | $67,746 |
| Female Median Income | $63,311 | $52,803 | $54,793 |
| Gender Pay Gap | 32.5% | 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 Queen Creek, it is 0.583, 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 48% more than women's income in Queen Creek, Arizona. Over a 35-year career, a 48% wage gap accumulates to roughly $1,067,710 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Queen Creek, Arizona has widened from about 27% to 33% in 2023. In dollar terms, the gap has widened by $15,052 since 2009.
Employment
| Metric | Queen Creek | Arizona Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.1% | 5.1% | 5.2% |
| Working from Home | 21.9% | 16.5% | 13.4% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 1,333 people are unemployed in Queen Creek, Arizona.
The average commute time in Queen Creek is 31 minutes, longer than the 22 minutes in Arizona.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Queen Creek, Arizona has fallen from 7.2% to 4.1% in 2023.
Conclusion
Considering all these factors, Queen Creek, Arizona has an overall wealth index grade of A, making it notably better than Arizona, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Queen Creek, Arizona.
How Rich Is Queen Creek, Arizona?
Queen Creek has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $132,140, about 71% higher than the Arizona average of $77,100.
What is the current median household income in Queen Creek, Arizona?
As of 2023, the median household income in Queen Creek, Arizona is $132,140.
What was the median household income in Queen Creek in 2023?
In 2023, the median household income in Queen Creek, Arizona was $132,140.
What was the median household income in Queen Creek in 2020?
In 2020, the median household income in Queen Creek, Arizona was $102,179.
What is the Gini coefficient in Queen Creek, Arizona?
The Gini coefficient in Queen Creek is 0.583. 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 Queen Creek, Arizona?
Since 2009, the income gap between men and women in Queen Creek, Arizona has widened from about 27% to 33% in 2023. In dollar terms, the gap has widened by $15,052 since 2009.