Bingham County, Idaho Income Statistics
Bingham 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.
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C
Bingham County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bingham County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $77,597 | $78,141 | $80,455 |
| Median Personal Income | $50,758 | $54,089 | $60,758 |
| Average Yearly Income Growth | 5.7% | 6.0% | 4.8% |
| Six-Figure Earners | 8.9% | 10.7% | 13.9% |
| $200k+ Households | 7.5% | 9.2% | 13.2% |
The median household income in Bingham County is about 1% lower than in Idaho. Income has been growing slower in Bingham County (5.7%/yr) than in Idaho (6.0%/yr).
About 9% of adults in Bingham 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 Bingham County, Idaho grew by 74.4% from 2009 to 2024, reaching $77,597 in 2024. That's an average of about 5.7% per year.
Income Inequality and the Gender Pay Gap in Bingham County
| Metric | Bingham County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.556 | 0.542 | 0.552 |
| Male Median Income | $61,217 | $64,507 | $69,667 |
| Female Median Income | $45,365 | $48,475 | $56,850 |
| Gender Pay Gap | 25.9% | 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 Bingham County, it is 0.556, higher than Idaho's 0.542, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 35% more than women's income in Bingham County, Idaho. Over a 35-year career, a 35% wage gap accumulates to roughly $554,820 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bingham County, Idaho has narrowed from about 33% to 26% in 2024. Over that period the gap was widest at 36% in 2010, and was narrowest at 19% in 2022. In dollar terms, the gap has widened by $2,505 since 2009.
Employment
| Metric | Bingham County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 3.7% | 5.2% |
| Working from Home | 6.5% | 13.3% | 15.0% |
| Commute time (minutes) | 18 | 17 | 22 |
Approximately 1,278 people are unemployed in Bingham County, Idaho.
The average commute time in Bingham County is 18 minutes, longer than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bingham County, Idaho has fallen from 5.9% to 5.4% in 2024. Over that period the rate peaked at 7.6% in 2013 and fell as low as 4.3% in 2018.
Bingham County, ID Wealth Compared With Nearby Counties
Bingham County, ID is the 3rd largest of the 6 counties compared here, 49,662 residents against a local median of 33,153. Where Bingham County, ID breaks from the counties next to it is unemployment, sitting 25% above the local median of 4.4% at 5.4%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $77,597 against a local median of $67,110, 16% above it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while unemployment runs behind it, so Bingham County, ID is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.9% on unemployment, so Bingham County, ID sits at one end of an already wide local range rather than apart from it. Bingham County, ID has the 5th 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. |
|---|---|---|---|---|---|
| Bingham County, ID | 49,662 | $77,597 #3/6 | 5.7%/yr #2/6 | 5.4% #5/6 | 0.556 #4/6 |
| Bannock County, ID | 89,452 | $67,110 | 5.1%/yr | 4.3% | 0.539 |
| Jefferson County, ID | 33,153 | $86,175 | 5.9%/yr | 2.7% | 0.560 |
| Power County, ID | 8,133 | $60,894 | 3.3%/yr | 5.6% | 0.552 |
| Bonneville County, ID | 129,518 | $80,129 | 5.3%/yr | 4.5% | 0.552 |
| Butte County, ID | 2,683 | $52,808 | 4.1%/yr | 4.4% | 0.560 |
Conclusion
Considering all these factors, Bingham 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 Bingham County, Idaho.
How Rich Is Bingham County, Idaho?
Bingham 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 $77,597, about 1% lower than the Idaho average of $78,141.
How fast is household income rising in Bingham County, Idaho?
Between 2009 and 2024, the median household income in Bingham County, Idaho rose 74%, from $44,502 to $77,597. Over the same years, income here outpaced Idaho as a whole: +74% against +69%.
What was the median household income in Bingham County in 2023?
In 2023, the median household income in Bingham County, Idaho was $76,908, up 10% from $70,045 in 2022. The Idaho median that year was $74,676.
What was the median household income in Bingham County in 2020?
In 2020, the median household income in Bingham County, Idaho was $57,973. By 2024 it had risen 34% to $77,597.
Is it hard to find a job in Bingham County, Idaho?
Unemployment in Bingham County, Idaho is 5.4%, well above the Idaho rate of 3.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Bingham County, Idaho?
The Gini coefficient in Bingham County is 0.556. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Bingham County, Idaho?
Since 2009, the income gap between men and women in Bingham County, Idaho has narrowed from about 33% to 26% in 2024. Over that period the gap was widest at 36% in 2010, and was narrowest at 19% in 2022. In dollar terms, the gap has widened by $2,505 since 2009.
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