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 | Post Falls | Idaho Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,025 | $74,676 | $78,145 |
| Median Personal Income | $56,592 | $54,802 | $61,726 |
| Average income growth | 6.0% | 6.2% | 5.1% |
| Six-Figure Earners | 6.4% | 9.8% | 13.2% |
The median household income in Post Falls is about 1% lower than in Idaho. Income has been growing slower in Post Falls (6.0%/yr) than in Idaho (6.2%/yr).
About 6% of adults in Post Falls 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 Post Falls, Idaho grew by 57.3% from 2009 to 2023, reaching $74,025 in 2023. That's an average of about 6.0% per year.
Economic Inequality in Post Falls | Gender Pay Gap | Gini Coefficient
| Metric | Post Falls | Idaho Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.501 | 0.553 | 0.570 |
| Male Median Income | $63,624 | $61,839 | $67,746 |
| Female Median Income | $47,733 | $46,302 | $54,793 |
| Gender Pay Gap | 25.0% | 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 Post Falls, it is 0.501, 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 33% more than women's income in Post Falls, Idaho. Over a 35-year career, a 33% wage gap accumulates to roughly $556,185 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Post Falls, Idaho has widened from about 24% to 25% in 2023. In dollar terms, the gap has widened by $6,457 since 2009.
Employment
| Metric | Post Falls | Idaho Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 3.7% | 5.2% |
| Working from Home | 11.9% | 12.2% | 13.4% |
| Commute time (minutes) | 20 | 17 | 22 |
Approximately 594 people are unemployed in Post Falls, Idaho.
The average commute time in Post Falls is 20 minutes, longer than the 17 minutes in Idaho.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Post Falls, Idaho has fallen from 8.9% to 3.6% in 2023.
Conclusion
Considering all these factors, Post Falls, 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 Post Falls, Idaho.
How Rich Is Post Falls, Idaho?
Post Falls 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 $74,025, about 1% lower than the Idaho average of $74,676.
What is the current median household income in Post Falls, Idaho?
As of 2023, the median household income in Post Falls, Idaho is $74,025.
What was the median household income in Post Falls in 2023?
In 2023, the median household income in Post Falls, Idaho was $74,025.
What was the median household income in Post Falls in 2020?
In 2020, the median household income in Post Falls, Idaho was $60,210.
What is the Gini coefficient in Post Falls, Idaho?
The Gini coefficient in Post Falls is 0.501. 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 Post Falls, Idaho?
Since 2009, the income gap between men and women in Post Falls, Idaho has widened from about 24% to 25% in 2023. In dollar terms, the gap has widened by $6,457 since 2009.