Wealth Index
Wealthier than 74% of 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 | Boise County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,072 | $74,676 | $78,145 |
| Median Personal Income | $63,201 | $54,802 | $61,726 |
| Average income growth | 9.0% | 6.2% | 5.1% |
| Six-Figure Earners | 10.4% | 9.8% | 13.2% |
The median household income in Boise County is about 7% higher than in Idaho. Income has been growing faster in Boise County (9.0%/yr) than in Idaho (6.2%/yr).
About 10% of adults in Boise 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 Boise County, Idaho grew by 62.1% from 2009 to 2023, reaching $80,072 in 2023. That's an average of about 9.0% per year.
Economic Inequality in Boise County | Gender Pay Gap | Gini Coefficient
| Metric | Boise County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.562 | 0.553 | 0.570 |
| Male Median Income | $71,639 | $61,839 | $67,746 |
| Female Median Income | $53,804 | $46,302 | $54,793 |
| Gender Pay Gap | 24.9% | 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 Boise County, it is 0.562, higher than Idaho's 0.553, so income is less 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 33% more than women's income in Boise County, Idaho. Over a 35-year career, a 33% wage gap accumulates to roughly $624,225 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Boise County, Idaho has widened from about 21% to 25% in 2023. In dollar terms, the gap has widened by $8,263 since 2009.
Employment
| Metric | Boise County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.9% | 3.7% | 5.2% |
| Working from Home | 17.8% | 12.2% | 13.4% |
| Commute time (minutes) | 35 | 17 | 22 |
Approximately 108 people are unemployed in Boise County, Idaho.
The average commute time in Boise County is 35 minutes, longer than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Boise County, Idaho has fallen from 14.3% to 2.9% in 2023.
Conclusion
Considering all these factors, Boise County, Idaho has an overall wealth index grade of C, making it somewhat better than Idaho, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Boise County, Idaho.
How Rich Is Boise County, Idaho?
Boise 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 $80,072, about 7% higher than the Idaho average of $74,676.
What is the current median household income in Boise County, Idaho?
As of 2023, the median household income in Boise County, Idaho is $80,072.
What was the median household income in Boise County in 2023?
In 2023, the median household income in Boise County, Idaho was $80,072.
What was the median household income in Boise County in 2020?
In 2020, the median household income in Boise County, Idaho was $53,772.
What is the Gini coefficient in Boise County, Idaho?
The Gini coefficient in Boise County is 0.562. 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 Boise County, Idaho?
Since 2009, the income gap between men and women in Boise County, Idaho has widened from about 21% to 25% in 2023. In dollar terms, the gap has widened by $8,263 since 2009.