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 | Bonner County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,861 | $74,676 | $78,145 |
| Median Personal Income | $49,238 | $54,802 | $61,726 |
| Average income growth | 5.8% | 6.2% | 5.1% |
| Six-Figure Earners | 9.0% | 9.8% | 13.2% |
The median household income in Bonner County is about 13% lower than in Idaho. Income has been growing slower in Bonner County (5.8%/yr) than in Idaho (6.2%/yr).
About 9% of adults in Bonner County earn six figures ($100,000 or more) a year, lower than the Idaho average of 10%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Bonner County, Idaho grew by 51.2% from 2009 to 2023, reaching $64,861 in 2023. That's an average of about 5.8% per year.
Economic Inequality in Bonner County | Gender Pay Gap | Gini Coefficient
| Metric | Bonner County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.543 | 0.553 | 0.570 |
| Male Median Income | $57,801 | $61,839 | $67,746 |
| Female Median Income | $42,788 | $46,302 | $54,793 |
| Gender Pay Gap | 26.0% | 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 Bonner County, it is 0.543, 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 35% more than women's income in Bonner County, Idaho. Over a 35-year career, a 35% wage gap accumulates to roughly $525,455 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bonner County, Idaho has widened from about 25% to 26% in 2023. In dollar terms, the gap has widened by $4,824 since 2009.
Employment
| Metric | Bonner County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 3.7% | 5.2% |
| Working from Home | 11.6% | 12.2% | 13.4% |
| Commute time (minutes) | 17 | 17 | 22 |
Approximately 826 people are unemployed in Bonner County, Idaho.
The average commute time in Bonner County is 17 minutes, about the same as in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bonner County, Idaho has fallen from 6.3% to 3.9% in 2023.
Conclusion
Considering all these factors, Bonner 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 Bonner County, Idaho.
How Rich Is Bonner County, Idaho?
Bonner 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 $64,861, about 13% lower than the Idaho average of $74,676.
What is the current median household income in Bonner County, Idaho?
As of 2023, the median household income in Bonner County, Idaho is $64,861.
What was the median household income in Bonner County in 2023?
In 2023, the median household income in Bonner County, Idaho was $64,861.
What was the median household income in Bonner County in 2020?
In 2020, the median household income in Bonner County, Idaho was $51,432.
What is the Gini coefficient in Bonner County, Idaho?
The Gini coefficient in Bonner County is 0.543. 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 Bonner County, Idaho?
Since 2009, the income gap between men and women in Bonner County, Idaho has widened from about 25% to 26% in 2023. In dollar terms, the gap has widened by $4,824 since 2009.