South Holland, Illinois Income Statistics
South Holland 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.
-
C
South Holland Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | South Holland | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,765 | $84,042 | $80,455 |
| Median Personal Income | $55,377 | $64,565 | $60,758 |
| Average Yearly Income Growth | 4.3% | 4.5% | 4.8% |
| Six-Figure Earners | 8.5% | 15.0% | 13.9% |
| $200k+ Households | 4.8% | 13.8% | 13.2% |
The median household income in South Holland is about 4% lower than in Illinois. Income has been growing slower in South Holland (4.3%/yr) than in Illinois (4.5%/yr).
About 8% of adults in South Holland 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 South Holland, Illinois grew by 42.1% from 2009 to 2024, reaching $80,765 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in South Holland
| Metric | South Holland | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.547 | 0.552 |
| Male Median Income | $59,088 | $73,933 | $69,667 |
| Female Median Income | $60,947 | $60,067 | $56,850 |
| Gender Pay Gap | -3.1% | 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 South Holland, it is 0.554, higher than Illinois's 0.547, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Women's income is about 3% more than men's income in South Holland, Illinois. Over a 35-year career, a 3% wage gap accumulates to roughly $65,065 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in South Holland, Illinois has narrowed from about 8% to -3% in 2024. Over that period the gap was widest at 16% in 2020. In dollar terms, the gap has narrowed by $5,896 since 2009.
Employment
| Metric | South Holland | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 12.1% | 5.8% | 5.2% |
| Working from Home | 11.4% | 15.9% | 15.0% |
| Commute time (minutes) | 31 | 23 | 22 |
Approximately 1,351 people are unemployed in South Holland, Illinois.
The average commute time in South Holland is 31 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in South Holland, Illinois has fallen from 17.0% to 12.1% in 2024. Over that period the rate peaked at 18.4% in 2013 and fell as low as 10.3% in 2023.
South Holland, IL Wealth Compared With Nearby Cities
How South Holland, IL compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| South Holland, IL | 22,419 | $80,765 #1/2 | 4.3%/yr #1/2 | 12.1% #1/2 | 0.554 #1/2 |
| Dolton, IL | 20,134 | $55,942 | 3.2%/yr | 12.7% | 0.566 |
Conclusion
Considering all these factors, South Holland, Illinois has an overall wealth index grade of C, making it somewhat worse than Illinois, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in South Holland, Illinois.
How Rich Is South Holland, Illinois?
South Holland has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $80,765, about 4% lower than the Illinois average of $84,042.
Are incomes growing in South Holland, Illinois?
Between 2009 and 2024, the median household income in South Holland, Illinois rose 42%, from $56,831 to $80,765. Over the same years, income here lagged behind Illinois as a whole: +42% against +52%.
What was the median household income in South Holland in 2023?
In 2023, the median household income in South Holland, Illinois was $81,205, up 8% from $75,251 in 2022. The Illinois median that year was $82,182.
What was the median household income in South Holland in 2020?
In 2020, the median household income in South Holland, Illinois was $64,410. By 2024 it had risen 25% to $80,765.
How strong is the job market in South Holland, Illinois?
Unemployment in South Holland, Illinois is 12.1%, well above the Illinois rate of 5.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in South Holland, Illinois?
The Gini coefficient in South Holland is 0.554. 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 South Holland, Illinois?
Since 2009, the income gap between men and women in South Holland, Illinois has narrowed from about 8% to -3% in 2024. Over that period the gap was widest at 16% in 2020. In dollar terms, the gap has narrowed by $5,896 since 2009.
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