Gooding County, Idaho Income Statistics
Gooding County Wealth Score
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.
-
C
Gooding County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gooding County | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,898 | $78,141 | $80,455 |
| Median Personal Income | $43,811 | $54,089 | $60,758 |
| Average Yearly Income Growth | 5.8% | 6.0% | 4.8% |
| Six-Figure Earners | 5.2% | 10.7% | 13.9% |
| $200k+ Households | 5.2% | 9.2% | 13.2% |
The median household income in Gooding County is about 18% lower than in Idaho. Income has been growing slower in Gooding County (5.8%/yr) than in Idaho (6.0%/yr).
About 5% of adults in Gooding County earn six figures ($100,000 or more) a year, lower than the Idaho average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Gooding County, Idaho grew by 70.0% from 2009 to 2024, reaching $63,898 in 2024. That's an average of about 5.8% per year.
Income Inequality and the Gender Pay Gap in Gooding County
| Metric | Gooding County | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.527 | 0.542 | 0.552 |
| Male Median Income | $51,814 | $64,507 | $69,667 |
| Female Median Income | $42,760 | $48,475 | $56,850 |
| Gender Pay Gap | 17.5% | 24.9% | 18.4% |
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 Gooding County, it is 0.527, lower than Idaho's 0.542, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 21% more than women's income in Gooding County, Idaho. Over a 35-year career, a 21% wage gap accumulates to roughly $316,890 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gooding County, Idaho has narrowed from about 25% to 17% in 2024. Over that period the gap was widest at 30% in 2018, and was narrowest at 9% in 2014. In dollar terms, the gap has widened by $625 since 2009.
Employment
| Metric | Gooding County | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 3.7% | 5.2% |
| Working from Home | 8.3% | 13.3% | 15.0% |
| Commute time (minutes) | 17 | 17 | 22 |
Approximately 295 people are unemployed in Gooding County, Idaho.
The average commute time in Gooding County is 17 minutes, about the same as in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gooding County, Idaho has fallen from 4.4% to 3.8% in 2024. Over that period the rate peaked at 6.4% in 2014 and fell as low as 3.5% in 2022.
Gooding County, ID Wealth Compared With Nearby Counties
Gooding County, ID is the 4th largest of the 6 counties compared here, 15,931 residents against a local median of 25,173. Nothing separates Gooding County, ID sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is unemployment, 6% above the local median at 3.8% against 3.6%. Gooding County, ID has the 4th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Gooding County, ID | 15,931 | $63,898 #5/6 | 5.8%/yr #3/6 | 3.8% #4/6 | 0.527 #3/6 |
| Camas County, ID | 1,123 | $57,692 | 5.5%/yr | 1.0% | 0.574 |
| Jerome County, ID | 25,173 | $71,652 | 6.2%/yr | 3.6% | 0.545 |
| Twin Falls County, ID | 89,838 | $68,126 | 5.2%/yr | 3.0% | 0.529 |
| Lincoln County, ID | 5,355 | $71,394 | 6.1%/yr | 4.9% | 0.507 |
| Elmore County, ID | 29,321 | $66,194 | 5.3%/yr | 4.7% | 0.515 |
Conclusion
Considering all these factors, Gooding 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 Gooding County, Idaho.
How Rich Is Gooding County, Idaho?
Gooding 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 $63,898, about 18% lower than the Idaho average of $78,141.
Are incomes growing in Gooding County, Idaho?
Between 2009 and 2024, the median household income in Gooding County, Idaho rose 70%, from $37,587 to $63,898. Over the same years, income here kept pace with Idaho as a whole: +70% against +69%.
What was the median household income in Gooding County in 2023?
In 2023, the median household income in Gooding County, Idaho was $62,442, up 3% from $60,428 in 2022. The Idaho median that year was $74,676.
What was the median household income in Gooding County in 2020?
In 2020, the median household income in Gooding County, Idaho was $50,084. By 2024 it had risen 28% to $63,898.
What is the Gini coefficient in Gooding County, Idaho?
The Gini coefficient in Gooding County is 0.527. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Gooding County, Idaho?
Since 2009, the income gap between men and women in Gooding County, Idaho has narrowed from about 25% to 17% in 2024. Over that period the gap was widest at 30% in 2018, and was narrowest at 9% in 2014. In dollar terms, the gap has widened by $625 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →