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 | Sun City West | Arizona Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,259 | $77,100 | $78,145 |
| Median Personal Income | $69,421 | $58,256 | $61,726 |
| Average income growth | 5.1% | 5.9% | 5.1% |
| Six-Figure Earners | 10.3% | 11.7% | 13.2% |
The median household income in Sun City West is about 17% lower than in Arizona. Income has been growing slower in Sun City West (5.1%/yr) than in Arizona (5.9%/yr).
About 10% of adults in Sun City West 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 Sun City West, Arizona grew by 44.3% from 2009 to 2023, reaching $64,259 in 2023. That's an average of about 5.1% per year.
Economic Inequality in Sun City West | Gender Pay Gap | Gini Coefficient
| Metric | Sun City West | Arizona Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.477 | 0.571 | 0.570 |
| Male Median Income | $102,409 | $63,179 | $67,746 |
| Female Median Income | $60,980 | $52,803 | $54,793 |
| Gender Pay Gap | 40.5% | 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 Sun City West, it is 0.477, 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 68% more than women's income in Sun City West, Arizona. Over a 35-year career, a 68% wage gap accumulates to roughly $1,450,015 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sun City West, Arizona has widened from about 34% to 40% in 2023. In dollar terms, the gap has widened by $22,733 since 2009.
Employment
| Metric | Sun City West | Arizona Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 5.1% | 5.2% |
| Working from Home | 21.9% | 16.5% | 13.4% |
| Commute time (minutes) | 17 | 22 | 22 |
Approximately 134 people are unemployed in Sun City West, Arizona.
The average commute time in Sun City West is 17 minutes, shorter than the 22 minutes in Arizona.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sun City West, Arizona has fallen from 9.6% to 4.0% in 2023.
Conclusion
Considering all these factors, Sun City West, 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 Sun City West, Arizona.
How Rich Is Sun City West, Arizona?
Sun City West 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 $64,259, about 17% lower than the Arizona average of $77,100.
What is the current median household income in Sun City West, Arizona?
As of 2023, the median household income in Sun City West, Arizona is $64,259.
What was the median household income in Sun City West in 2023?
In 2023, the median household income in Sun City West, Arizona was $64,259.
What was the median household income in Sun City West in 2020?
In 2020, the median household income in Sun City West, Arizona was $56,184.
What is the Gini coefficient in Sun City West, Arizona?
The Gini coefficient in Sun City West is 0.477. 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 Sun City West, Arizona?
Since 2009, the income gap between men and women in Sun City West, Arizona has widened from about 34% to 40% in 2023. In dollar terms, the gap has widened by $22,733 since 2009.