Hamilton County, Indiana Income Statistics

Hamilton 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.

  • A+
    Hamilton County Top grade
    Wealthiest county in Indiana

Source: Map AI Methodology

Hamilton County
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Wealth grade

Income Statistics Overview

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Metric Hamilton County Indiana Avg US Average
Median Household Income $121,444 $71,967 $80,455
Median Personal Income $82,902 $55,757 $60,758
Average Yearly Income Growth 4.1% 4.5% 4.8%
Six-Figure Earners 24.4% 10.2% 13.9%
$200k+ Households 25.0% 8.2% 13.2%

The median household income in Hamilton County is about 69% higher than in Indiana. Income has been growing slower in Hamilton County (4.1%/yr) than in Indiana (4.5%/yr).

About 24% of adults in Hamilton County 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

Hamilton County
United States

Median household income in Hamilton County, Indiana grew by 46.5% from 2009 to 2024, reaching $121,444 in 2024. That's an average of about 4.1% per year.

Year Hamilton County United States

Income Inequality and the Gender Pay Gap in Hamilton County

Metric Hamilton County Indiana Avg US Average
Gini Coefficient 0.517 0.534 0.552
Male Median Income $100,250 $65,086 $69,667
Female Median Income $71,992 $51,220 $56,850
Gender Pay Gap 28.2% 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 Hamilton County, it is 0.517, lower than Indiana's 0.534, 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 Hamilton County, Indiana. Over a 35-year career, a 39% wage gap accumulates to roughly $989,030 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Hamilton County, Indiana has narrowed from about 34% to 28% in 2024. Over that period the gap was widest at 35% in 2010. In dollar terms, the gap has widened by $5,207 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Hamilton County Indiana Avg US Average
Unemployment Rate 2.8% 4.3% 5.2%
Working from Home 23.3% 10.7% 15.0%
Commute time (minutes) 23 21 22

Approximately 5,581 people are unemployed in Hamilton County, Indiana.

The average commute time in Hamilton County is 23 minutes, longer than the 21 minutes in Indiana.

Unemployment Rate Over Time

Hamilton County
United States

Since 2011, the unemployment rate in Hamilton County, Indiana has fallen from 4.6% to 2.8% in 2024. Over that period the rate peaked at 5.4% in 2013 and fell as low as 2.7% in 2022.

Year Hamilton County United States

Hamilton County, IN Wealth Compared With Nearby Counties

Hamilton County, IN is the 2nd largest of the 6 counties compared here, 365,056 residents against a local median of 84,037. Where Hamilton County, IN breaks from the counties next to it is median household income, sitting 82% above the local median of $66,629 at $121,444. That is the better end of the local range on this measure.

Unemployment tells the same story from another angle: 2.8% against a local median of 5.0%, 45% below it. Every measure here with a clear better direction points the same way, so Hamilton County, IN is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread $31,557 on median household income, so Hamilton County, IN sits at one end of an already wide local range rather than apart from it. Hamilton County, IN has the highest median household income 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.
Hamilton County, IN 365,056 $121,444 #1/6 4.1%/yr #6/6 2.8% #3/6 0.517 #3/6
Tipton County, IN 15,346 $76,091 4.4%/yr 2.3% 0.504
Marion County, IN 971,946 $66,629 5.5%/yr 5.0% 0.528
Madison County, IN 131,900 $63,494 4.5%/yr 5.9% 0.522
Hancock County, IN 84,037 $95,052 4.4%/yr 2.7% 0.496
Howard County, IN 83,752 $64,338 4.3%/yr 5.8% 0.522

Conclusion

Considering all these factors, Hamilton County, Indiana has an overall wealth index grade of A+, making it far better than Indiana, and far better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Hamilton County, Indiana.

How Rich Is Hamilton County, Indiana?

Hamilton County has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $121,444, about 69% higher than the Indiana average of $71,967.

How has median household income changed in Hamilton County, Indiana?

Between 2009 and 2024, the median household income in Hamilton County, Indiana rose 46%, from $82,911 to $121,444. Over the same years, income here lagged behind Indiana as a whole: +46% against +52%.

What was the median household income in Hamilton County in 2023?

In 2023, the median household income in Hamilton County, Indiana was $117,656, up 3% from $114,339 in 2022. The Indiana median that year was $70,115.

What was the median household income in Hamilton County in 2020?

In 2020, the median household income in Hamilton County, Indiana was $99,008. By 2024 it had risen 23% to $121,444.

Do many residents of Hamilton County, Indiana earn over $100,000?

Yes. 24% of adults in Hamilton County, Indiana earn $100,000 or more a year (about 1 in 4), against 10% (about 1 in 10) in Indiana. 25% of households have a combined income of $200,000 or more, compared with 8% in Indiana.

Is unemployment high in Hamilton County, Indiana?

Unemployment in Hamilton County, Indiana is only 2.8%, well below the Indiana rate of 4.3%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Hamilton County, Indiana?

The Gini coefficient in Hamilton County is 0.517. 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 Hamilton County, Indiana?

Since 2009, the income gap between men and women in Hamilton County, Indiana has narrowed from about 34% to 28% in 2024. Over that period the gap was widest at 35% in 2010. In dollar terms, the gap has widened by $5,207 since 2009.

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