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 | Lewiston | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,323 | $74,676 | $78,145 |
| Median Personal Income | $58,708 | $54,802 | $61,726 |
| Average income growth | 5.2% | 6.2% | 5.1% |
| Six-Figure Earners | 6.7% | 9.8% | 13.2% |
The median household income in Lewiston is about 6% lower than in Idaho. Income has been growing slower in Lewiston (5.2%/yr) than in Idaho (6.2%/yr).
About 7% of adults in Lewiston 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 Lewiston, Idaho grew by 64.3% from 2009 to 2023, reaching $70,323 in 2023. That's an average of about 5.2% per year.
Economic Inequality in Lewiston | Gender Pay Gap | Gini Coefficient
| Metric | Lewiston | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.504 | 0.553 | 0.570 |
| Male Median Income | $65,470 | $61,839 | $67,746 |
| Female Median Income | $48,497 | $46,302 | $54,793 |
| Gender Pay Gap | 25.9% | 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 Lewiston, it is 0.504, 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 Lewiston, Idaho. Over a 35-year career, a 35% wage gap accumulates to roughly $594,055 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lewiston, Idaho has widened from about 21% to 26% in 2023. In dollar terms, the gap has widened by $8,091 since 2009.
Employment
| Metric | Lewiston | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 3.7% | 5.2% |
| Working from Home | 6.6% | 12.2% | 13.4% |
| Commute time (minutes) | 12 | 17 | 22 |
Approximately 290 people are unemployed in Lewiston, Idaho.
The average commute time in Lewiston is 12 minutes, shorter than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lewiston, Idaho has fallen from 4.8% to 2.6% in 2023.
Conclusion
Considering all these factors, Lewiston, Idaho has an overall wealth index grade of B, making it somewhat better than Idaho, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lewiston, Idaho.
How Rich Is Lewiston, Idaho?
Lewiston has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $70,323, about 6% lower than the Idaho average of $74,676.
What is the current median household income in Lewiston, Idaho?
As of 2023, the median household income in Lewiston, Idaho is $70,323.
What was the median household income in Lewiston in 2023?
In 2023, the median household income in Lewiston, Idaho was $70,323.
What was the median household income in Lewiston in 2020?
In 2020, the median household income in Lewiston, Idaho was $56,762.
What is the Gini coefficient in Lewiston, Idaho?
The Gini coefficient in Lewiston is 0.504. 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 Lewiston, Idaho?
Since 2009, the income gap between men and women in Lewiston, Idaho has widened from about 21% to 26% in 2023. In dollar terms, the gap has widened by $8,091 since 2009.