Wealth Index
Wealthier than 88% 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 | Bonneville County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,970 | $74,676 | $78,145 |
| Median Personal Income | $53,988 | $54,802 | $61,726 |
| Average income growth | 5.5% | 6.2% | 5.1% |
| Six-Figure Earners | 10.4% | 9.8% | 13.2% |
The median household income in Bonneville County is about 3% higher than in Idaho. Income has been growing slower in Bonneville County (5.5%/yr) than in Idaho (6.2%/yr).
About 10% of adults in Bonneville 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 Bonneville County, Idaho grew by 54.5% from 2009 to 2023, reaching $76,970 in 2023. That's an average of about 5.5% per year.
Economic Inequality in Bonneville County | Gender Pay Gap | Gini Coefficient
| Metric | Bonneville County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.571 | 0.553 | 0.570 |
| Male Median Income | $65,254 | $61,839 | $67,746 |
| Female Median Income | $42,095 | $46,302 | $54,793 |
| Gender Pay Gap | 35.5% | 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 Bonneville County, it is 0.571, higher than Idaho's 0.553, so income is less evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 55% more than women's income in Bonneville County, Idaho. Over a 35-year career, a 55% wage gap accumulates to roughly $810,565 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bonneville County, Idaho has widened from about 34% to 35% in 2023. In dollar terms, the gap has widened by $7,705 since 2009.
Employment
| Metric | Bonneville County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 3.7% | 5.2% |
| Working from Home | 9.2% | 12.2% | 13.4% |
| Commute time (minutes) | 15 | 17 | 22 |
Approximately 2,324 people are unemployed in Bonneville County, Idaho.
The average commute time in Bonneville County is 15 minutes, shorter than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bonneville County, Idaho has fallen from 5.6% to 3.8% in 2023.
Conclusion
Considering all these factors, Bonneville 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 Bonneville County, Idaho.
How Rich Is Bonneville County, Idaho?
Bonneville 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 $76,970, about 3% higher than the Idaho average of $74,676.
What is the current median household income in Bonneville County, Idaho?
As of 2023, the median household income in Bonneville County, Idaho is $76,970.
What was the median household income in Bonneville County in 2023?
In 2023, the median household income in Bonneville County, Idaho was $76,970.
What was the median household income in Bonneville County in 2020?
In 2020, the median household income in Bonneville County, Idaho was $61,988.
What is the Gini coefficient in Bonneville County, Idaho?
The Gini coefficient in Bonneville County is 0.571. 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 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Bonneville County, Idaho?
Since 2009, the income gap between men and women in Bonneville County, Idaho has widened from about 34% to 35% in 2023. In dollar terms, the gap has widened by $7,705 since 2009.