Morgan County, Illinois Income Statistics

Morgan 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.

  • D
    Morgan County Well below average
    Less wealthy than 77% of counties in Illinois

Source: Map AI Methodology

Morgan County
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Wealth grade

Income Statistics Overview

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Metric Morgan County Illinois Avg US Average
Median Household Income $65,762 $84,042 $80,455
Median Personal Income $49,679 $64,565 $60,758
Average Yearly Income Growth 4.1% 4.5% 4.8%
Six-Figure Earners 7.1% 15.0% 13.9%
$200k+ Households 6.8% 13.8% 13.2%

The median household income in Morgan County is about 22% lower than in Illinois. Income has been growing slower in Morgan County (4.1%/yr) than in Illinois (4.5%/yr).

About 7% of adults in Morgan County earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Morgan County
United States

Median household income in Morgan County, Illinois grew by 47.6% from 2009 to 2024, reaching $65,762 in 2024. That's an average of about 4.1% per year.

Year Morgan County United States

Income Inequality and the Gender Pay Gap in Morgan County

Metric Morgan County Illinois Avg US Average
Gini Coefficient 0.524 0.547 0.552
Male Median Income $61,120 $73,933 $69,667
Female Median Income $46,623 $60,067 $56,850
Gender Pay Gap 23.7% 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 Morgan County, it is 0.524, lower than Illinois's 0.547, 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 31% more than women's income in Morgan County, Illinois. Over a 35-year career, a 31% wage gap accumulates to roughly $507,395 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Morgan County, Illinois has narrowed from about 31% to 24% in 2024. Over that period the gap was narrowest at 21% in 2019. In dollar terms, the gap has widened by $687 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Morgan County Illinois Avg US Average
Unemployment Rate 5.4% 5.8% 5.2%
Working from Home 8.9% 15.9% 15.0%
Commute time (minutes) 13 23 22

Approximately 833 people are unemployed in Morgan County, Illinois.

The average commute time in Morgan County is 13 minutes, shorter than the 23 minutes in Illinois.

Unemployment Rate Over Time

Morgan County
United States

Since 2011, the unemployment rate in Morgan County, Illinois has fallen from 8.5% to 5.4% in 2024. Over that period the rate peaked at 8.8% in 2014.

Year Morgan County United States

Morgan County, IL Wealth Compared With Nearby Counties

Morgan County, IL is the 2nd largest of the 6 counties compared here, 33,021 residents against a local median of 12,095. The measure that sets Morgan County, IL apart most is unemployment: 5.4%, 46% above the local median of 3.7%. That is the weaker end of the local range on this measure.

The counties themselves spread 2.1% on unemployment, so Morgan County, IL sits at one end of an already wide local range rather than apart from it. Morgan County, IL has the 6th 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.
Morgan County, IL 33,021 $65,762 #5/6 4.1%/yr #5/6 5.4% #6/6 0.524 #3/6
Cass County, IL 12,785 $67,734 4.2%/yr 4.2% 0.538
Scott County, IL 4,937 $66,777 4.8%/yr 2.7% 0.527
Greene County, IL 11,683 $64,089 5.2%/yr 4.9% 0.532
Menard County, IL 12,095 $84,868 4.4%/yr 3.5% 0.496
Macoupin County, IL 44,343 $72,437 4.1%/yr 3.7% 0.522

Conclusion

Considering all these factors, Morgan County, Illinois has an overall wealth index grade of D, making it somewhat worse than Illinois, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Morgan County, Illinois.

How Rich Is Morgan County, Illinois?

Morgan County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $65,762, about 22% lower than the Illinois average of $84,042.

Are incomes growing in Morgan County, Illinois?

Between 2009 and 2024, the median household income in Morgan County, Illinois rose 48%, from $44,560 to $65,762. Over the same years, income here lagged behind Illinois as a whole: +48% against +52%.

What was the median household income in Morgan County in 2023?

In 2023, the median household income in Morgan County, Illinois was $65,438, up 6% from $61,547 in 2022. The Illinois median that year was $82,182.

What was the median household income in Morgan County in 2020?

In 2020, the median household income in Morgan County, Illinois was $53,677. By 2024 it had risen 23% to $65,762.

What is the Gini coefficient in Morgan County, Illinois?

The Gini coefficient in Morgan County is 0.524. 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 Morgan County, Illinois?

Since 2009, the income gap between men and women in Morgan County, Illinois has narrowed from about 31% to 24% in 2024. Over that period the gap was narrowest at 21% in 2019. In dollar terms, the gap has widened by $687 since 2009.

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