Bannock County, Idaho Income Statistics
Bannock County Wealth Score
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.
-
C
Bannock County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bannock County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,110 | $78,141 | $80,455 |
| Median Personal Income | $52,699 | $54,089 | $60,758 |
| Average Yearly Income Growth | 5.1% | 6.0% | 4.8% |
| Six-Figure Earners | 8.2% | 10.7% | 13.9% |
| $200k+ Households | 6.9% | 9.2% | 13.2% |
The median household income in Bannock County is about 14% lower than in Idaho. Income has been growing slower in Bannock County (5.1%/yr) than in Idaho (6.0%/yr).
About 8% of adults in Bannock County earn six figures ($100,000 or more) a year, lower than the Idaho average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bannock County, Idaho grew by 52.3% from 2009 to 2024, reaching $67,110 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Bannock County
| Metric | Bannock County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.539 | 0.542 | 0.552 |
| Male Median Income | $62,366 | $64,507 | $69,667 |
| Female Median Income | $48,702 | $48,475 | $56,850 |
| Gender Pay Gap | 21.9% | 24.9% | 18.4% |
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 Bannock County, it is 0.539, about the same as Idaho's 0.542, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 28% more than women's income in Bannock County, Idaho. Over a 35-year career, a 28% wage gap accumulates to roughly $478,240 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bannock County, Idaho has narrowed from about 35% to 22% in 2024. Over that period the gap was widest at 35% in 2014. In dollar terms, the gap has narrowed by $1,355 since 2009.
Employment
| Metric | Bannock County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 3.7% | 5.2% |
| Working from Home | 11.4% | 13.3% | 15.0% |
| Commute time (minutes) | 13 | 17 | 22 |
Approximately 1,901 people are unemployed in Bannock County, Idaho.
The average commute time in Bannock County is 13 minutes, shorter than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bannock County, Idaho has fallen from 7.1% to 4.3% in 2024. Over that period the rate peaked at 8.2% in 2013.
Bannock County, ID Wealth Compared With Nearby Counties
Bannock County, ID is the largest of the 6 counties compared here, 89,452 residents against a local median of 8,133. The measure that sets Bannock County, ID apart most is unemployment: 4.3%, 80% above the local median of 2.4%. That is the weaker end of the local range on this measure.
The counties themselves spread 4.2% on unemployment, so Bannock County, ID sits at one end of an already wide local range rather than apart from it. Bannock County, ID has the 4th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Bannock County, ID | 89,452 | $67,110 #5/6 | 5.1%/yr #3/6 | 4.3% #4/6 | 0.539 #3/6 |
| Oneida County, ID | 4,768 | $74,954 | 8.1%/yr | 1.4% | 0.532 |
| Bingham County, ID | 49,662 | $77,597 | 5.7%/yr | 5.4% | 0.556 |
| Power County, ID | 8,133 | $60,894 | 3.3%/yr | 5.6% | 0.552 |
| Franklin County, ID | 15,053 | $73,904 | 5.0%/yr | 2.4% | 0.560 |
| Caribou County, ID | 7,162 | $68,001 | 2.1%/yr | 1.9% | 0.527 |
Conclusion
Considering all these factors, Bannock County, Idaho has an overall wealth index grade of C, making it about on par with Idaho, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bannock County, Idaho.
How Rich Is Bannock County, Idaho?
Bannock County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,110, about 14% lower than the Idaho average of $78,141.
Are incomes growing in Bannock County, Idaho?
Between 2009 and 2024, the median household income in Bannock County, Idaho rose 52%, from $44,056 to $67,110. Over the same years, income here lagged behind Idaho as a whole: +52% against +69%.
What was the median household income in Bannock County in 2023?
In 2023, the median household income in Bannock County, Idaho was $65,263, up 7% from $60,964 in 2022. The Idaho median that year was $74,676.
What was the median household income in Bannock County in 2020?
In 2020, the median household income in Bannock County, Idaho was $52,161. By 2024 it had risen 29% to $67,110.
What is the Gini coefficient in Bannock County, Idaho?
The Gini coefficient in Bannock County is 0.539. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Bannock County, Idaho?
Since 2009, the income gap between men and women in Bannock County, Idaho has narrowed from about 35% to 22% in 2024. Over that period the gap was widest at 35% in 2014. In dollar terms, the gap has narrowed by $1,355 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →