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 | Mililani Town | Hawaii Avg | US Average |
|---|---|---|---|
| Median Household Income | $123,821 | $98,332 | $78,145 |
| Median Personal Income | $74,485 | $63,498 | $61,726 |
| Average income growth | 4.0% | 4.5% | 5.1% |
| Six-Figure Earners | 18.8% | 14.2% | 13.2% |
The median household income in Mililani Town is about 26% higher than in Hawaii. Income has been growing slower in Mililani Town (4.0%/yr) than in Hawaii (4.5%/yr).
About 19% of adults in Mililani Town earn six figures ($100,000 or more) a year, higher than the Hawaii average of 14%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Mililani Town, Hawaii grew by 42.8% from 2009 to 2023, reaching $123,821 in 2023. That's an average of about 4.0% per year.
Economic Inequality in Mililani Town | Gender Pay Gap | Gini Coefficient
| Metric | Mililani Town | Hawaii Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.503 | 0.535 | 0.570 |
| Male Median Income | $79,111 | $68,848 | $67,746 |
| Female Median Income | $68,385 | $57,717 | $54,793 |
| Gender Pay Gap | 13.6% | 16.2% | 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 Mililani Town, it is 0.503, lower than Hawaii's 0.535, 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 16% more than women's income in Mililani Town, Hawaii. Over a 35-year career, a 16% wage gap accumulates to roughly $375,410 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mililani Town, Hawaii has narrowed from about 27% to 14% in 2023. In dollar terms, the gap has narrowed by $4,829 since 2009.
Employment
| Metric | Mililani Town | Hawaii Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 4.7% | 5.2% |
| Working from Home | 6.8% | 8.8% | 13.4% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 395 people are unemployed in Mililani Town, Hawaii.
The average commute time in Mililani Town is 31 minutes, longer than the 22 minutes in Hawaii.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mililani Town, Hawaii has fallen from 3.9% to 3.1% in 2023.
Conclusion
Considering all these factors, Mililani Town, Hawaii has an overall wealth index grade of B, making it somewhat better than Hawaii, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Mililani Town, Hawaii.
How Rich Is Mililani Town, Hawaii?
Mililani Town 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 $123,821, about 26% higher than the Hawaii average of $98,332.
What is the current median household income in Mililani Town, Hawaii?
As of 2023, the median household income in Mililani Town, Hawaii is $123,821.
What was the median household income in Mililani Town in 2023?
In 2023, the median household income in Mililani Town, Hawaii was $123,821.
What was the median household income in Mililani Town in 2020?
In 2020, the median household income in Mililani Town, Hawaii was $105,044.
What is the Gini coefficient in Mililani Town, Hawaii?
The Gini coefficient in Mililani Town is 0.503. 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 Mililani Town, Hawaii?
Since 2009, the income gap between men and women in Mililani Town, Hawaii has narrowed from about 27% to 14% in 2023. In dollar terms, the gap has narrowed by $4,829 since 2009.