Columbus, Indiana Income Statistics
Columbus 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.
-
B
Columbus Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Columbus | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,995 | $71,967 | $80,455 |
| Median Personal Income | $64,895 | $55,757 | $60,758 |
| Average Yearly Income Growth | 3.4% | 4.5% | 4.8% |
| Six-Figure Earners | 13.1% | 10.2% | 13.9% |
| $200k+ Households | 10.4% | 8.2% | 13.2% |
The median household income in Columbus is about 1% lower than in Indiana. Income has been growing slower in Columbus (3.4%/yr) than in Indiana (4.5%/yr).
About 13% of adults in Columbus earn six figures ($100,000 or more) a year, higher than the Indiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Columbus, Indiana grew by 47.7% from 2009 to 2024, reaching $70,995 in 2024. That's an average of about 3.4% per year.
Income Inequality and the Gender Pay Gap in Columbus
| Metric | Columbus | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.535 | 0.534 | 0.552 |
| Male Median Income | $71,960 | $65,086 | $69,667 |
| Female Median Income | $57,574 | $51,220 | $56,850 |
| Gender Pay Gap | 20.0% | 21.3% | 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 Columbus, it is 0.535, about the same as Indiana's 0.534, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Columbus, Indiana. Over a 35-year career, a 25% wage gap accumulates to roughly $503,510 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Columbus, Indiana has narrowed from about 35% to 20% in 2024. Over that period the gap was widest at 38% in 2010. In dollar terms, the gap has narrowed by $4,210 since 2009.
Employment
| Metric | Columbus | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 4.3% | 5.2% |
| Working from Home | 15.8% | 10.7% | 15.0% |
| Commute time (minutes) | 15 | 21 | 22 |
Approximately 975 people are unemployed in Columbus, Indiana.
The average commute time in Columbus is 15 minutes, shorter than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Columbus, Indiana has fallen from 7.4% to 5.0% in 2024. Over that period the rate peaked at 7.5% in 2013 and fell as low as 4.2% in 2022.
Conclusion
Considering all these factors, Columbus, Indiana has an overall wealth index grade of B, making it somewhat better than Indiana, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Columbus, Indiana.
How Rich Is Columbus, Indiana?
Columbus 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 $70,995, about 1% lower than the Indiana average of $71,967.
How has median household income changed in Columbus, Indiana?
Between 2009 and 2024, the median household income in Columbus, Indiana rose 48%, from $48,074 to $70,995. Over the same years, income here lagged behind Indiana as a whole: +48% against +52%.
What was the median household income in Columbus in 2023?
In 2023, the median household income in Columbus, Indiana was $71,921, up 2% from $70,556 in 2022. The Indiana median that year was $70,115.
What was the median household income in Columbus in 2020?
In 2020, the median household income in Columbus, Indiana was $63,017. By 2024 it had risen 13% to $70,995.
What is the Gini coefficient in Columbus, Indiana?
The Gini coefficient in Columbus is 0.535. 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 Columbus, Indiana?
Since 2009, the income gap between men and women in Columbus, Indiana has narrowed from about 35% to 20% in 2024. Over that period the gap was widest at 38% in 2010. In dollar terms, the gap has narrowed by $4,210 since 2009.
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