Wealth Index
Among the 3 least wealthy 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 | Clearwater County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,251 | $74,676 | $78,145 |
| Median Personal Income | $52,695 | $54,802 | $61,726 |
| Average income growth | 5.3% | 6.2% | 5.1% |
| Six-Figure Earners | 5.2% | 9.8% | 13.2% |
The median household income in Clearwater County is about 23% lower than in Idaho. Income has been growing slower in Clearwater County (5.3%/yr) than in Idaho (6.2%/yr).
About 5% of adults in Clearwater 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 Clearwater County, Idaho grew by 35.4% from 2009 to 2023, reaching $57,251 in 2023. That's an average of about 5.3% per year.
Economic Inequality in Clearwater County | Gender Pay Gap | Gini Coefficient
| Metric | Clearwater County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.561 | 0.553 | 0.570 |
| Male Median Income | $63,522 | $61,839 | $67,746 |
| Female Median Income | $41,542 | $46,302 | $54,793 |
| Gender Pay Gap | 34.6% | 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 Clearwater County, it is 0.561, 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 53% more than women's income in Clearwater County, Idaho. Over a 35-year career, a 53% wage gap accumulates to roughly $769,300 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Clearwater County, Idaho has widened from about 33% to 35% in 2023. In dollar terms, the gap has widened by $6,887 since 2009.
Employment
| Metric | Clearwater County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 3.7% | 5.2% |
| Working from Home | 8.8% | 12.2% | 13.4% |
| Commute time (minutes) | 15 | 17 | 22 |
Approximately 122 people are unemployed in Clearwater County, Idaho.
The average commute time in Clearwater County is 15 minutes, shorter than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Clearwater County, Idaho has fallen from 10.7% to 3.5% in 2023.
Conclusion
Considering all these factors, Clearwater County, Idaho has an overall wealth index grade of D, making it somewhat worse than Idaho, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Clearwater County, Idaho.
How Rich Is Clearwater County, Idaho?
Clearwater County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $57,251, about 23% lower than the Idaho average of $74,676.
What is the current median household income in Clearwater County, Idaho?
As of 2023, the median household income in Clearwater County, Idaho is $57,251.
What was the median household income in Clearwater County in 2023?
In 2023, the median household income in Clearwater County, Idaho was $57,251.
What was the median household income in Clearwater County in 2020?
In 2020, the median household income in Clearwater County, Idaho was $43,084.
What is the Gini coefficient in Clearwater County, Idaho?
The Gini coefficient in Clearwater County is 0.561. 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 Clearwater County, Idaho?
Since 2009, the income gap between men and women in Clearwater County, Idaho has widened from about 33% to 35% in 2023. In dollar terms, the gap has widened by $6,887 since 2009.