Wabash County, Illinois Income Statistics
Wabash 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.
-
C
Wabash County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Wabash County | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,796 | $84,042 | $80,455 |
| Median Personal Income | $50,166 | $64,565 | $60,758 |
| Average Yearly Income Growth | 2.6% | 4.5% | 4.8% |
| Six-Figure Earners | 7.6% | 15.0% | 13.9% |
| $200k+ Households | 5.3% | 13.8% | 13.2% |
The median household income in Wabash County is about 31% lower than in Illinois. Income has been growing slower in Wabash County (2.6%/yr) than in Illinois (4.5%/yr).
About 8% of adults in Wabash 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 Wabash County, Illinois grew by 29.3% from 2009 to 2024, reaching $57,796 in 2024. That's an average of about 2.6% per year.
Income Inequality and the Gender Pay Gap in Wabash County
| Metric | Wabash County | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.515 | 0.547 | 0.552 |
| Male Median Income | $66,882 | $73,933 | $69,667 |
| Female Median Income | $48,225 | $60,067 | $56,850 |
| Gender Pay Gap | 27.9% | 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 Wabash County, it is 0.515, 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 39% more than women's income in Wabash County, Illinois. Over a 35-year career, a 39% wage gap accumulates to roughly $652,995 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Wabash County, Illinois has narrowed from about 33% to 28% in 2024. Over that period the gap was widest at 39% in 2011. In dollar terms, the gap has widened by $2,846 since 2009.
Employment
| Metric | Wabash County | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 5.8% | 5.2% |
| Working from Home | 4.7% | 15.9% | 15.0% |
| Commute time (minutes) | 20 | 23 | 22 |
Approximately 220 people are unemployed in Wabash County, Illinois.
The average commute time in Wabash County is 20 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Wabash County, Illinois has fallen from 6.5% to 4.4% in 2024. Over that period the rate peaked at 9.0% in 2014 and fell as low as 3.4% in 2019.
Wabash County, IL Wealth Compared With Nearby Counties
Wabash County, IL is the 5th largest of the 6 counties compared here, 11,116 residents against a local median of 15,599. The measure that sets Wabash County, IL apart most is unemployment: 4.4%, 40% above the local median of 3.1%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 2.6%/yr against a local median of 3.8%/yr, 31% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Wabash County, IL reads weaker than its neighbours on all of them. The counties themselves spread 6.3% on unemployment, so Wabash County, IL sits at one end of an already wide local range rather than apart from it. Wabash County, IL has the 4th 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. |
|---|---|---|---|---|---|
| Wabash County, IL | 11,116 | $57,796 #5/6 | 2.6%/yr #6/6 | 4.4% #4/6 | 0.515 #2/6 |
| Edwards County, IL | 6,071 | $60,682 | 3.3%/yr | 5.6% | 0.524 |
| Gibson County, IN | 32,996 | $69,133 | 4.2%/yr | 2.3% | 0.515 |
| Lawrence County, IL | 15,031 | $57,568 | 3.8%/yr | 8.1% | 0.576 |
| Richland County, IL | 15,599 | $63,325 | 4.3%/yr | 3.1% | 0.491 |
| Posey County, IN | 25,116 | $80,859 | 3.8%/yr | 1.8% | 0.515 |
Conclusion
Considering all these factors, Wabash County, Illinois has an overall wealth index grade of C, making it about on par with Illinois, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Wabash County, Illinois.
How Rich Is Wabash County, Illinois?
Wabash County 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 $57,796, about 31% lower than the Illinois average of $84,042.
Are incomes growing in Wabash County, Illinois?
Between 2009 and 2024, the median household income in Wabash County, Illinois rose 29%, from $44,703 to $57,796. Over the same years, income here lagged behind Illinois as a whole: +29% against +52%.
What was the median household income in Wabash County in 2023?
In 2023, the median household income in Wabash County, Illinois was $55,117, about the same as in 2022. The Illinois median that year was $82,182.
What was the median household income in Wabash County in 2020?
In 2020, the median household income in Wabash County, Illinois was $48,952. By 2024 it had risen 18% to $57,796.
Is unemployment high in Wabash County, Illinois?
Unemployment in Wabash County, Illinois is only 4.4%, 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 Wabash County, Illinois?
The Gini coefficient in Wabash County is 0.515. 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 Wabash County, Illinois?
Since 2009, the income gap between men and women in Wabash County, Illinois has narrowed from about 33% to 28% in 2024. Over that period the gap was widest at 39% in 2011. In dollar terms, the gap has widened by $2,846 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →