Wealth Index
Among the top 3 wealthiest counties in Idaho
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 | Blaine County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $84,649 | $74,676 | $78,145 |
| Median Personal Income | $59,134 | $54,802 | $61,726 |
| Average income growth | 5.7% | 6.2% | 5.1% |
| Six-Figure Earners | 14.3% | 9.8% | 13.2% |
The median household income in Blaine County is about 13% higher than in Idaho. Income has been growing slower in Blaine County (5.7%/yr) than in Idaho (6.2%/yr).
About 14% of adults in Blaine County earn six figures ($100,000 or more) a year, higher than the Idaho average of 10%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Blaine County, Idaho grew by 45.6% from 2009 to 2023, reaching $84,649 in 2023. That's an average of about 5.7% per year.
Economic Inequality in Blaine County | Gender Pay Gap | Gini Coefficient
| Metric | Blaine County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.516 | 0.553 | 0.570 |
| Male Median Income | $60,394 | $61,839 | $67,746 |
| Female Median Income | $57,271 | $46,302 | $54,793 |
| Gender Pay Gap | 5.2% | 25.1% | 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 Blaine County, it is 0.516, lower than Idaho's 0.553, 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 5% more than women's income in Blaine County, Idaho. Over a 35-year career, a 5% wage gap accumulates to roughly $109,305 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Blaine County, Idaho has narrowed from about 25% to 5% in 2023. In dollar terms, the gap has narrowed by $8,219 since 2009.
Employment
| Metric | Blaine County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 3.7% | 5.2% |
| Working from Home | 13.3% | 12.2% | 13.4% |
| Commute time (minutes) | 13 | 17 | 22 |
Approximately 360 people are unemployed in Blaine County, Idaho.
The average commute time in Blaine County is 13 minutes, shorter than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Blaine County, Idaho has fallen from 6.4% to 2.6% in 2023.
Conclusion
Considering all these factors, Blaine County, Idaho has an overall wealth index grade of B, making it somewhat better than Idaho, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Blaine County, Idaho.
How Rich Is Blaine County, Idaho?
Blaine County 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 $84,649, about 13% higher than the Idaho average of $74,676.
What is the current median household income in Blaine County, Idaho?
As of 2023, the median household income in Blaine County, Idaho is $84,649.
What was the median household income in Blaine County in 2023?
In 2023, the median household income in Blaine County, Idaho was $84,649.
What was the median household income in Blaine County in 2020?
In 2020, the median household income in Blaine County, Idaho was $66,590.
What is the Gini coefficient in Blaine County, Idaho?
The Gini coefficient in Blaine County is 0.516. 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 Blaine County, Idaho?
Since 2009, the income gap between men and women in Blaine County, Idaho has narrowed from about 25% to 5% in 2023. In dollar terms, the gap has narrowed by $8,219 since 2009.