Posey County, Indiana Income Statistics
Posey 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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B
Posey County Around averageWealthier than 90% of counties in Indiana
Source: Map AI Methodology
Income Statistics Overview
| Metric | Posey County | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,859 | $71,967 | $80,455 |
| Median Personal Income | $58,701 | $55,757 | $60,758 |
| Average Yearly Income Growth | 3.8% | 4.5% | 4.8% |
| Six-Figure Earners | 12.0% | 10.2% | 13.9% |
| $200k+ Households | 7.5% | 8.2% | 13.2% |
The median household income in Posey County is about 12% higher than in Indiana. Income has been growing slower in Posey County (3.8%/yr) than in Indiana (4.5%/yr).
About 12% of adults in Posey 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
Median household income in Posey County, Indiana grew by 40.6% from 2009 to 2024, reaching $80,859 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Posey County
| Metric | Posey County | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.515 | 0.534 | 0.552 |
| Male Median Income | $67,505 | $65,086 | $69,667 |
| Female Median Income | $54,498 | $51,220 | $56,850 |
| Gender Pay Gap | 19.3% | 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 Posey County, it is 0.515, 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 24% more than women's income in Posey County, Indiana. Over a 35-year career, a 24% wage gap accumulates to roughly $455,245 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Posey County, Indiana has narrowed from about 38% to 19% in 2024. Over that period the gap was widest at 42% in 2010. In dollar terms, the gap has narrowed by $7,886 since 2009.
Employment
| Metric | Posey County | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.8% | 4.3% | 5.2% |
| Working from Home | 6.0% | 10.7% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 231 people are unemployed in Posey County, Indiana.
The average commute time in Posey County is 22 minutes, longer than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Posey County, Indiana has fallen from 7.1% to 1.8% in 2024.
Posey County, IN Wealth Compared With Nearby Counties
Posey County, IN is the 4th largest of the 6 counties compared here, 25,116 residents against a local median of 32,996. Where Posey County, IN breaks from the counties next to it is median household income, sitting 34% above the local median of $60,386 at $80,859. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 1.8% against a local median of 2.7%, 32% below it. Every measure here with a clear better direction points the same way, so Posey County, IN is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread $14,594 on median household income, so Posey County, IN sits at one end of an already wide local range rather than apart from it. Posey 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. |
|---|---|---|---|---|---|
| Posey County, IN | 25,116 | $80,859 #1/6 | 3.8%/yr #5/6 | 1.8% #1/6 | 0.515 #3/6 |
| Vanderburgh County, IN | 180,116 | $61,861 | 4.5%/yr | 4.2% | 0.511 |
| White County, IL | 13,619 | $54,539 | 2.8%/yr | 4.0% | 0.539 |
| Union County, KY | 13,258 | $60,386 | 4.8%/yr | 2.7% | 0.546 |
| Henderson County, KY | 44,257 | $58,734 | 4.2%/yr | 2.5% | 0.532 |
| Gibson County, IN | 32,996 | $69,133 | 4.2%/yr | 2.3% | 0.515 |
Conclusion
Considering all these factors, Posey County, 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 Posey County, Indiana.
How Rich Is Posey County, Indiana?
Posey County 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 $80,859, about 12% higher than the Indiana average of $71,967.
How fast is household income rising in Posey County, Indiana?
Between 2009 and 2024, the median household income in Posey County, Indiana rose 41%, from $57,512 to $80,859. Over the same years, income here lagged behind Indiana as a whole: +41% against +52%.
What was the median household income in Posey County in 2023?
In 2023, the median household income in Posey County, Indiana was $78,561, up 4% from $75,614 in 2022. The Indiana median that year was $70,115.
What was the median household income in Posey County in 2020?
In 2020, the median household income in Posey County, Indiana was $66,205. By 2024 it had risen 22% to $80,859.
How strong is the job market in Posey County, Indiana?
Unemployment in Posey County, Indiana is only 1.8%, 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 Posey County, Indiana?
The Gini coefficient in Posey 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 Posey County, Indiana?
Since 2009, the income gap between men and women in Posey County, Indiana has narrowed from about 38% to 19% in 2024. Over that period the gap was widest at 42% in 2010. In dollar terms, the gap has narrowed by $7,886 since 2009.
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