Edwardsville, Illinois Income Statistics
Edwardsville Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Edwardsville Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Edwardsville | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $91,352 | $84,042 | $80,455 |
| Median Personal Income | $71,689 | $64,565 | $60,758 |
| Average Yearly Income Growth | 4.9% | 4.5% | 4.8% |
| Six-Figure Earners | 16.7% | 15.0% | 13.9% |
| $200k+ Households | 14.5% | 13.8% | 13.2% |
The median household income in Edwardsville is about 9% higher than in Illinois. Income has been growing faster in Edwardsville (4.9%/yr) than in Illinois (4.5%/yr).
About 17% of adults in Edwardsville earn six figures ($100,000 or more) a year, higher than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Edwardsville, Illinois grew by 43.7% from 2009 to 2024, reaching $91,352 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Edwardsville
| Metric | Edwardsville | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.549 | 0.547 | 0.552 |
| Male Median Income | $83,207 | $73,933 | $69,667 |
| Female Median Income | $69,673 | $60,067 | $56,850 |
| Gender Pay Gap | 16.3% | 18.8% | 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 Edwardsville, it is 0.549, about the same as Illinois's 0.547, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 19% more than women's income in Edwardsville, Illinois. Over a 35-year career, a 19% wage gap accumulates to roughly $473,690 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Edwardsville, Illinois has narrowed from about 22% to 16% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 15% in 2022. In dollar terms, the gap has widened by $1,573 since 2009.
Employment
| Metric | Edwardsville | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 5.8% | 5.2% |
| Working from Home | 15.5% | 15.9% | 15.0% |
| Commute time (minutes) | 21 | 23 | 22 |
Approximately 535 people are unemployed in Edwardsville, Illinois.
The average commute time in Edwardsville is 21 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Edwardsville, Illinois has fallen from 5.9% to 4.9% in 2024. Over that period the rate peaked at 7.4% in 2020 and fell as low as 4.7% in 2023.
Conclusion
Considering all these factors, Edwardsville, Illinois has an overall wealth index grade of B, making it somewhat better than Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Edwardsville, Illinois.
How Wealthy Is Edwardsville, Illinois?
Edwardsville 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 $91,352, about 9% higher than the Illinois average of $84,042.
How fast is household income rising in Edwardsville, Illinois?
Between 2009 and 2024, the median household income in Edwardsville, Illinois rose 44%, from $63,593 to $91,352. Over the same years, income here lagged behind Illinois as a whole: +44% against +52%.
What was the median household income in Edwardsville in 2023?
In 2023, the median household income in Edwardsville, Illinois was $90,045, up 8% from $83,391 in 2022. The Illinois median that year was $82,182.
What was the median household income in Edwardsville in 2020?
In 2020, the median household income in Edwardsville, Illinois was $72,342. By 2024 it had risen 26% to $91,352.
What is the Gini coefficient in Edwardsville, Illinois?
The Gini coefficient in Edwardsville is 0.549. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Edwardsville, Illinois?
Since 2009, the income gap between men and women in Edwardsville, Illinois has narrowed from about 22% to 16% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 15% in 2022. In dollar terms, the gap has widened by $1,573 since 2009.
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