Piatt County, Illinois Income Statistics
Piatt 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.
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B
Piatt County Around averageWealthier than 91% of counties in Illinois
Source: Map AI Methodology
Income Statistics Overview
| Metric | Piatt County | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $92,291 | $84,042 | $80,455 |
| Median Personal Income | $59,671 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.8% | 4.5% | 4.8% |
| Six-Figure Earners | 12.8% | 15.0% | 13.9% |
| $200k+ Households | 11.4% | 13.8% | 13.2% |
The median household income in Piatt County is about 10% higher than in Illinois. Income has been growing slower in Piatt County (3.8%/yr) than in Illinois (4.5%/yr).
About 13% of adults in Piatt 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
Median household income in Piatt County, Illinois grew by 67.4% from 2009 to 2024, reaching $92,291 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Piatt County
| Metric | Piatt County | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.486 | 0.547 | 0.552 |
| Male Median Income | $70,588 | $73,933 | $69,667 |
| Female Median Income | $54,930 | $60,067 | $56,850 |
| Gender Pay Gap | 22.2% | 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 Piatt County, it is 0.486, 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 29% more than women's income in Piatt County, Illinois. Over a 35-year career, a 29% wage gap accumulates to roughly $548,030 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Piatt County, Illinois has narrowed from about 31% to 22% in 2024. Over that period the gap was widest at 34% in 2010, and was narrowest at 18% in 2023. In dollar terms, the gap has narrowed by $52 since 2009.
Employment
| Metric | Piatt County | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.8% | 5.8% | 5.2% |
| Working from Home | 7.3% | 15.9% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 243 people are unemployed in Piatt County, Illinois.
The average commute time in Piatt County is 25 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Piatt County, Illinois has fallen from 3.7% to 2.8% in 2024. Over that period the rate peaked at 6.3% in 2015.
Piatt County, IL Wealth Compared With Nearby Counties
Piatt County, IL is the 4th largest of the 6 counties compared here, 16,695 residents against a local median of 19,749. The measure that sets Piatt County, IL apart most is unemployment: 2.8%, 30% below the local median of 4.0%. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $92,291 against a local median of $72,471, 27% above it. Every measure here with a clear better direction points the same way, so Piatt County, IL is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 4.6% on unemployment, so Piatt County, IL sits at one end of an already wide local range rather than apart from it. Piatt County, IL has the 3rd 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. |
|---|---|---|---|---|---|
| Piatt County, IL | 16,695 | $92,291 #1/6 | 3.8%/yr #3/6 | 2.8% #3/6 | 0.486 #1/6 |
| De Witt County, IL | 15,373 | $72,569 | 3.7%/yr | 4.0% | 0.499 |
| Moultrie County, IL | 14,423 | $72,471 | 4.5%/yr | 2.2% | 0.532 |
| Macon County, IL | 101,849 | $62,654 | 3.6%/yr | 6.8% | 0.535 |
| Champaign County, IL | 208,737 | $64,164 | 3.4%/yr | 4.3% | 0.585 |
| Douglas County, IL | 19,749 | $78,945 | 5.1%/yr | 2.5% | 0.505 |
Conclusion
Considering all these factors, Piatt County, 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 Piatt County, Illinois.
How Rich Is Piatt County, Illinois?
Piatt 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 $92,291, about 10% higher than the Illinois average of $84,042.
Are incomes growing in Piatt County, Illinois?
Between 2009 and 2024, the median household income in Piatt County, Illinois rose 67%, from $55,144 to $92,291. Over the same years, income here outpaced Illinois as a whole: +67% against +52%.
What was the median household income in Piatt County in 2023?
In 2023, the median household income in Piatt County, Illinois was $86,184, up 7% from $80,920 in 2022. The Illinois median that year was $82,182.
What was the median household income in Piatt County in 2020?
In 2020, the median household income in Piatt County, Illinois was $73,619. By 2024 it had risen 25% to $92,291.
How strong is the job market in Piatt County, Illinois?
Unemployment in Piatt County, Illinois is only 2.8%, well below the Illinois rate of 5.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Piatt County, Illinois?
The Gini coefficient in Piatt County is 0.486. 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 Piatt County, Illinois?
Since 2009, the income gap between men and women in Piatt County, Illinois has narrowed from about 31% to 22% in 2024. Over that period the gap was widest at 34% in 2010, and was narrowest at 18% in 2023. In dollar terms, the gap has narrowed by $52 since 2009.
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