Wealth Index
Less wealthy than 75% of counties in Colorado
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 | Sedgwick County | Colorado Avg | US Average |
|---|---|---|---|
| Median Household Income | $52,686 | $93,055 | $78,145 |
| Median Personal Income | $50,944 | $69,173 | $61,726 |
| Average income growth | 1.8% | 5.8% | 5.1% |
| Six-Figure Earners | 4.1% | 17.0% | 13.2% |
The median household income in Sedgwick County is about 43% lower than in Colorado. Income has been growing slower in Sedgwick County (1.8%/yr) than in Colorado (5.8%/yr).
About 4% of adults in Sedgwick County earn six figures ($100,000 or more) a year, lower than the Colorado average of 17%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Sedgwick County, Colorado grew by 39.6% from 2009 to 2023, reaching $52,686 in 2023. That's an average of about 1.8% per year.
Economic Inequality in Sedgwick County | Gender Pay Gap | Gini Coefficient
| Metric | Sedgwick County | Colorado Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.514 | 0.547 | 0.570 |
| Male Median Income | $61,211 | $75,396 | $67,746 |
| Female Median Income | $41,599 | $61,821 | $54,793 |
| Gender Pay Gap | 32.0% | 18.0% | 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 Sedgwick County, it is 0.514, lower than Colorado's 0.547, 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 47% more than women's income in Sedgwick County, Colorado. Over a 35-year career, a 47% wage gap accumulates to roughly $686,420 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sedgwick County, Colorado has widened from about 28% to 32% in 2023. In dollar terms, the gap has widened by $8,751 since 2009.
Employment
| Metric | Sedgwick County | Colorado Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.3% | 4.4% | 5.2% |
| Working from Home | 7.6% | 18.8% | 13.4% |
| Commute time (minutes) | 13 | 22 | 22 |
Approximately 26 people are unemployed in Sedgwick County, Colorado.
The average commute time in Sedgwick County is 13 minutes, shorter than the 22 minutes in Colorado.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sedgwick County, Colorado has fallen from 7.0% to 2.3% in 2023.
Conclusion
Considering all these factors, Sedgwick County, Colorado has an overall wealth index grade of D, making it somewhat worse than Colorado, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Sedgwick County, Colorado.
How Rich Is Sedgwick County, Colorado?
Sedgwick 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 $52,686, about 43% lower than the Colorado average of $93,055.
What is the current median household income in Sedgwick County, Colorado?
As of 2023, the median household income in Sedgwick County, Colorado is $52,686.
What was the median household income in Sedgwick County in 2023?
In 2023, the median household income in Sedgwick County, Colorado was $52,686.
What was the median household income in Sedgwick County in 2020?
In 2020, the median household income in Sedgwick County, Colorado was $43,874.
What is the Gini coefficient in Sedgwick County, Colorado?
The Gini coefficient in Sedgwick County is 0.514. 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 Sedgwick County, Colorado?
Since 2009, the income gap between men and women in Sedgwick County, Colorado has widened from about 28% to 32% in 2023. In dollar terms, the gap has widened by $8,751 since 2009.