Wealth Index
Wealthier than 74% of counties in Illinois
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 | Clark County | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,175 | $82,179 | $78,145 |
| Median Personal Income | $57,471 | $65,365 | $61,726 |
| Average income growth | 5.5% | 4.8% | 5.1% |
| Six-Figure Earners | 7.2% | 14.4% | 13.2% |
The median household income in Clark County is about 15% lower than in Illinois. Income has been growing faster in Clark County (5.5%/yr) than in Illinois (4.8%/yr).
About 7% of adults in Clark County earn six figures ($100,000 or more) a year, lower than the Illinois average of 14%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Clark County, Illinois grew by 61.4% from 2009 to 2023, reaching $70,175 in 2023. That's an average of about 5.5% per year.
Economic Inequality in Clark County | Gender Pay Gap | Gini Coefficient
| Metric | Clark County | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.496 | 0.567 | 0.570 |
| Male Median Income | $66,617 | $72,139 | $67,746 |
| Female Median Income | $49,314 | $58,023 | $54,793 |
| Gender Pay Gap | 26.0% | 19.6% | 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 Clark County, it is 0.496, lower than Illinois's 0.567, 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 Clark County, Illinois. Over a 35-year career, a 35% wage gap accumulates to roughly $605,605 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Clark County, Illinois has narrowed from about 27% to 26% in 2023. In dollar terms, the gap has widened by $6,201 since 2009.
Employment
| Metric | Clark County | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 5.8% | 5.2% |
| Working from Home | 5.4% | 14.0% | 13.4% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 290 people are unemployed in Clark County, Illinois.
The average commute time in Clark County is 22 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Clark County, Illinois has fallen from 7.5% to 4.0% in 2023.
Conclusion
Considering all these factors, Clark County, Illinois has an overall wealth index grade of B, making it about on par with Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Clark County, Illinois.
How Rich Is Clark County, Illinois?
Clark County 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 $70,175, about 15% lower than the Illinois average of $82,179.
What is the current median household income in Clark County, Illinois?
As of 2023, the median household income in Clark County, Illinois is $70,175.
What was the median household income in Clark County in 2023?
In 2023, the median household income in Clark County, Illinois was $70,175.
What was the median household income in Clark County in 2020?
In 2020, the median household income in Clark County, Illinois was $59,573.
What is the Gini coefficient in Clark County, Illinois?
The Gini coefficient in Clark County is 0.496. 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 Clark County, Illinois?
Since 2009, the income gap between men and women in Clark County, Illinois has narrowed from about 27% to 26% in 2023. In dollar terms, the gap has widened by $6,201 since 2009.