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 | Harvey County | Kansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $72,459 | $72,682 | $78,145 |
| Median Personal Income | $54,629 | $56,764 | $61,726 |
| Average income growth | 4.8% | 4.3% | 5.1% |
| Six-Figure Earners | 7.1% | 10.6% | 13.2% |
The median household income in Harvey County is about the same as in Kansas. Income has been growing faster in Harvey County (4.8%/yr) than in Kansas (4.3%/yr).
About 7% of adults in Harvey County earn six figures ($100,000 or more) a year, lower than the Kansas average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Harvey County, Kansas grew by 51.5% from 2009 to 2023, reaching $72,459 in 2023. That's an average of about 4.8% per year.
Economic Inequality in Harvey County | Gender Pay Gap | Gini Coefficient
| Metric | Harvey County | Kansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.539 | 0.570 |
| Male Median Income | $63,617 | $63,363 | $67,746 |
| Female Median Income | $41,749 | $49,832 | $54,793 |
| Gender Pay Gap | 34.4% | 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 Harvey County, it is 0.506, 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 52% more than women's income in Harvey County, Kansas. Over a 35-year career, a 52% wage gap accumulates to roughly $765,380 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Harvey County, Kansas has widened from about 29% to 34% in 2023. In dollar terms, the gap has widened by $9,288 since 2009.
Employment
| Metric | Harvey County | Kansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.2% | 3.9% | 5.2% |
| Working from Home | 8.5% | 10.7% | 13.4% |
| Commute time (minutes) | 17 | 17 | 22 |
Approximately 727 people are unemployed in Harvey County, Kansas.
The average commute time in Harvey County is 17 minutes, about the same as in Kansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Harvey County, Kansas has fallen from 5.7% to 4.2% in 2023.
Conclusion
Considering all these factors, Harvey 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 Harvey County, Kansas.
How Rich Is Harvey County, Kansas?
Harvey 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 $72,459, close to the Kansas average of $72,682.
What is the current median household income in Harvey County, Kansas?
As of 2023, the median household income in Harvey County, Kansas is $72,459.
What was the median household income in Harvey County in 2023?
In 2023, the median household income in Harvey County, Kansas was $72,459.
What was the median household income in Harvey County in 2020?
In 2020, the median household income in Harvey County, Kansas was $59,117.
What is the Gini coefficient in Harvey County, Kansas?
The Gini coefficient in Harvey County is 0.506. 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 Harvey County, Kansas?
Since 2009, the income gap between men and women in Harvey County, Kansas has widened from about 29% to 34% in 2023. In dollar terms, the gap has widened by $9,288 since 2009.