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.
Income Statistics Overview
| Metric | Greeley County | Kansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $78,770 | $72,682 | $78,145 |
| Median Personal Income | $54,862 | $56,764 | $61,726 |
| Average income growth | 7.4% | 4.3% | 5.1% |
| Six-Figure Earners | 11.0% | 10.6% | 13.2% |
The median household income in Greeley County is about 8% higher than in Kansas. Income has been growing faster in Greeley County (7.4%/yr) than in Kansas (4.3%/yr).
About 11% of adults in Greeley County earn six figures ($100,000 or more) a year, about the same as the Kansas average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Greeley County, Kansas grew by 61.0% from 2009 to 2023, reaching $78,770 in 2023. That's an average of about 7.4% per year.
Economic Inequality in Greeley County | Gender Pay Gap | Gini Coefficient
| Metric | Greeley County | Kansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.481 | 0.539 | 0.570 |
| Male Median Income | $59,910 | $63,363 | $67,746 |
| Female Median Income | $43,999 | $49,832 | $54,793 |
| Gender Pay Gap | 26.6% | 21.4% | 19.1% |
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 Greeley County, it is 0.481, lower than Kansas's 0.539, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 36% more than women's income in Greeley County, Kansas. Over a 35-year career, a 36% wage gap accumulates to roughly $556,885 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Greeley County, Kansas has narrowed from about 35% to 27% in 2023. In dollar terms, the gap has widened by $1,224 since 2009.
Employment
| Metric | Greeley County | Kansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.0% | 3.9% | 5.2% |
| Working from Home | 21.5% | 10.7% | 13.4% |
| Commute time (minutes) | 7 | 17 | 22 |
Approximately 1 people are unemployed in Greeley County, Kansas.
The average commute time in Greeley County is 7 minutes, shorter than the 17 minutes in Kansas.
Unemployment Rate Over Time
The unemployment rate in Greeley County, Kansas has stayed about flat at 1.0% since 2011.
Conclusion
Considering all these factors, Greeley County, Kansas has an overall wealth index grade of C, making it about on par with Kansas, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Greeley County, Kansas.
How Rich Is Greeley County, Kansas?
Greeley 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 $78,770, about 8% higher than the Kansas average of $72,682.
What is the current median household income in Greeley County, Kansas?
As of 2023, the median household income in Greeley County, Kansas is $78,770.
What was the median household income in Greeley County in 2023?
In 2023, the median household income in Greeley County, Kansas was $78,770.
What was the median household income in Greeley County in 2020?
In 2020, the median household income in Greeley County, Kansas was $53,591.
What is the Gini coefficient in Greeley County, Kansas?
The Gini coefficient in Greeley County is 0.481. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Greeley County, Kansas?
Since 2009, the income gap between men and women in Greeley County, Kansas has narrowed from about 35% to 27% in 2023. In dollar terms, the gap has widened by $1,224 since 2009.