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 | Waipahu | Hawaii Avg | US Average |
|---|---|---|---|
| Median Household Income | $101,506 | $98,332 | $78,145 |
| Median Personal Income | $48,142 | $63,498 | $61,726 |
| Average income growth | 4.5% | 4.5% | 5.1% |
| Six-Figure Earners | 5.6% | 14.2% | 13.2% |
The median household income in Waipahu is about 3% higher than in Hawaii. Income has been growing faster in Waipahu (4.5%/yr) than in Hawaii (4.5%/yr).
About 6% of adults in Waipahu earn six figures ($100,000 or more) a year, lower than the Hawaii average of 14%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Waipahu, Hawaii grew by 51.5% from 2009 to 2023, reaching $101,506 in 2023. That's an average of about 4.5% per year.
Economic Inequality in Waipahu | Gender Pay Gap | Gini Coefficient
| Metric | Waipahu | Hawaii Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.520 | 0.535 | 0.570 |
| Male Median Income | $51,311 | $68,848 | $67,746 |
| Female Median Income | $45,321 | $57,717 | $54,793 |
| Gender Pay Gap | 11.7% | 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 Waipahu, it is 0.520, 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 13% more than women's income in Waipahu, Hawaii. Over a 35-year career, a 13% wage gap accumulates to roughly $209,650 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Waipahu, Hawaii has narrowed from about 15% to 12% in 2023. In dollar terms, the gap has widened by $417 since 2009.
Employment
| Metric | Waipahu | Hawaii Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 4.7% | 5.2% |
| Working from Home | 4.2% | 8.8% | 13.4% |
| Commute time (minutes) | 30 | 22 | 22 |
Approximately 786 people are unemployed in Waipahu, Hawaii.
The average commute time in Waipahu is 30 minutes, longer than the 22 minutes in Hawaii.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Waipahu, Hawaii has fallen from 6.0% to 4.0% in 2023.
Conclusion
Considering all these factors, Waipahu, Hawaii has an overall wealth index grade of D, making it somewhat worse than Hawaii, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Waipahu, Hawaii.
How Rich Is Waipahu, Hawaii?
Waipahu 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 $101,506, about 3% higher than the Hawaii average of $98,332.
What is the current median household income in Waipahu, Hawaii?
As of 2023, the median household income in Waipahu, Hawaii is $101,506.
What was the median household income in Waipahu in 2023?
In 2023, the median household income in Waipahu, Hawaii was $101,506.
What was the median household income in Waipahu in 2020?
In 2020, the median household income in Waipahu, Hawaii was $78,782.
What is the Gini coefficient in Waipahu, Hawaii?
The Gini coefficient in Waipahu is 0.520. 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 Waipahu, Hawaii?
Since 2009, the income gap between men and women in Waipahu, Hawaii has narrowed from about 15% to 12% in 2023. In dollar terms, the gap has widened by $417 since 2009.