Wealth Index
Among the 3 least wealthy 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 | Pulaski County | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $43,328 | $82,179 | $78,145 |
| Median Personal Income | $46,908 | $65,365 | $61,726 |
| Average income growth | 4.2% | 4.8% | 5.1% |
| Six-Figure Earners | 2.6% | 14.4% | 13.2% |
The median household income in Pulaski County is about 47% lower than in Illinois. Income has been growing slower in Pulaski County (4.2%/yr) than in Illinois (4.8%/yr).
About 3% of adults in Pulaski 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 Pulaski County, Illinois grew by 50.2% from 2009 to 2023, reaching $43,328 in 2023. That's an average of about 4.2% per year.
Economic Inequality in Pulaski County | Gender Pay Gap | Gini Coefficient
| Metric | Pulaski County | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.569 | 0.567 | 0.570 |
| Male Median Income | $52,382 | $72,139 | $67,746 |
| Female Median Income | $37,188 | $58,023 | $54,793 |
| Gender Pay Gap | 29.0% | 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 Pulaski County, it is 0.569, about the same as Illinois's 0.567, so income here is about as evenly distributed as there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 41% more than women's income in Pulaski County, Illinois. Over a 35-year career, a 41% wage gap accumulates to roughly $531,790 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pulaski County, Illinois has narrowed from about 32% to 29% in 2023. In dollar terms, the gap has widened by $2,780 since 2009.
Employment
| Metric | Pulaski County | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 5.8% | 5.2% |
| Working from Home | 6.5% | 14.0% | 13.4% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 45 people are unemployed in Pulaski County, Illinois.
The average commute time in Pulaski County is 30 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pulaski County, Illinois has fallen from 12.8% to 2.4% in 2023.
Conclusion
Considering all these factors, Pulaski 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 Pulaski County, Illinois.
How Rich Is Pulaski County, Illinois?
Pulaski 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 $43,328, about 47% lower than the Illinois average of $82,179.
What is the current median household income in Pulaski County, Illinois?
As of 2023, the median household income in Pulaski County, Illinois is $43,328.
What was the median household income in Pulaski County in 2023?
In 2023, the median household income in Pulaski County, Illinois was $43,328.
What was the median household income in Pulaski County in 2020?
In 2020, the median household income in Pulaski County, Illinois was $38,641.
What is the Gini coefficient in Pulaski County, Illinois?
The Gini coefficient in Pulaski County is 0.569. 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 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Pulaski County, Illinois?
Since 2009, the income gap between men and women in Pulaski County, Illinois has narrowed from about 32% to 29% in 2023. In dollar terms, the gap has widened by $2,780 since 2009.