Pike County, Indiana Income Statistics
Pike 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.
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C
Pike County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pike County | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,639 | $71,967 | $80,455 |
| Median Personal Income | $54,112 | $55,757 | $60,758 |
| Average Yearly Income Growth | 4.9% | 4.5% | 4.8% |
| Six-Figure Earners | 8.4% | 10.2% | 13.9% |
| $200k+ Households | 5.4% | 8.2% | 13.2% |
The median household income in Pike County is about 2% lower than in Indiana. Income has been growing faster in Pike County (4.9%/yr) than in Indiana (4.5%/yr).
About 8% of adults in Pike County earn six figures ($100,000 or more) a year, lower than the Indiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Pike County, Indiana grew by 78.3% from 2009 to 2024, reaching $70,639 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Pike County
| Metric | Pike County | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.513 | 0.534 | 0.552 |
| Male Median Income | $71,418 | $65,086 | $69,667 |
| Female Median Income | $43,923 | $51,220 | $56,850 |
| Gender Pay Gap | 38.5% | 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 Pike County, it is 0.513, 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 63% more than women's income in Pike County, Indiana. Over a 35-year career, a 63% wage gap accumulates to roughly $962,325 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pike County, Indiana has widened from about 32% to 38% in 2024. Over that period the gap was widest at 39% in 2020, and was narrowest at 27% in 2015. In dollar terms, the gap has widened by $13,549 since 2009.
Sharply against the trend: the pay gap in Pike County widened by 6.3 points while Indiana's narrowed by 6.3 points.
Employment
| Metric | Pike County | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.3% | 5.2% |
| Working from Home | 5.1% | 10.7% | 15.0% |
| Commute time (minutes) | 26 | 21 | 22 |
Approximately 186 people are unemployed in Pike County, Indiana.
The average commute time in Pike County is 26 minutes, longer than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pike County, Indiana has fallen from 7.6% to 3.2% in 2024. Over that period the rate fell as low as 3.1% in 2023.
Pike County, IN Wealth Compared With Nearby Counties
Pike County, IN is the smallest of the 6 counties compared here, 12,154 residents against a local median of 35,997. Pike County, IN's unemployment, at 3.2%, runs 36% above the 2.3% typical of the counties around it. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 4.9%/yr against a local median of 4.2%/yr, 15% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Pike County, IN is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 1.6% on unemployment, so Pike County, IN sits at one end of an already wide local range rather than apart from it. Pike County, IN has the 6th 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. |
|---|---|---|---|---|---|
| Pike County, IN | 12,154 | $70,639 #3/6 | 4.9%/yr #2/6 | 3.2% #6/6 | 0.513 #4/6 |
| Warrick County, IN | 65,261 | $91,714 | 5.0%/yr | 3.1% | 0.511 |
| Daviess County, IN | 33,658 | $69,555 | 4.7%/yr | 1.5% | 0.543 |
| Knox County, IN | 35,997 | $61,328 | 4.2%/yr | 3.1% | 0.510 |
| Dubois County, IN | 43,614 | $75,837 | 3.8%/yr | 2.3% | 0.493 |
| Gibson County, IN | 32,996 | $69,133 | 4.2%/yr | 2.3% | 0.515 |
Conclusion
Considering all these factors, Pike County, Indiana has an overall wealth index grade of C, making it about on par with Indiana, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Pike County, Indiana.
How Rich Is Pike County, Indiana?
Pike 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 $70,639, about 2% lower than the Indiana average of $71,967.
How fast is household income rising in Pike County, Indiana?
Between 2009 and 2024, the median household income in Pike County, Indiana rose 78%, from $39,625 to $70,639. Over the same years, income here outpaced Indiana as a whole: +78% against +52%.
What was the median household income in Pike County in 2023?
In 2023, the median household income in Pike County, Indiana was $66,606, up 2% from $65,307 in 2022. The Indiana median that year was $70,115.
What was the median household income in Pike County in 2020?
In 2020, the median household income in Pike County, Indiana was $54,598. By 2024 it had risen 29% to $70,639.
Is unemployment high in Pike County, Indiana?
Unemployment in Pike County, Indiana is only 3.2%, 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 Pike County, Indiana?
The Gini coefficient in Pike County is 0.513. 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 Pike County, Indiana?
Since 2009, the income gap between men and women in Pike County, Indiana has widened from about 32% to 38% in 2024. Over that period the gap was widest at 39% in 2020, and was narrowest at 27% in 2015. In dollar terms, the gap has widened by $13,549 since 2009.
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