Wealth Index
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.
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Income Statistics Overview
| Metric | Merrillville | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,554 | $70,132 | $78,145 |
| Median Personal Income | $66,554 | $70,132 | $78,145 |
| Average income growth | 3.3% | 3.3% | 3.3% |
Household Income Trend
Median Household Income Over Time
Merrillville
United States
Economic Inequality in Merrillville | Gender Pay Gap | Gini Index
| Metric | Merrillville | Indiana Avg | US Average |
|---|---|---|---|
| Gini Index | 0.527 | 0.544 | 0.570 |
| Male Median Income | $68,593 | $63,558 | $67,746 |
| Female Median Income | $54,577 | $49,036 | $54,793 |
| Gender Pay Gap | 20.4% | 22.8% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Merrillville | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.1% | 4.3% | 5.2% |
| Working from Home | 8.0% | 9.6% | 13.4% |
| Commute time (minutes) | 26 | 21 | 22 |
Unemployment Rate Over Time
Merrillville
United States