Wealth Index
Wealthier than 77% of counties in Kansas
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 | Morris County | Kansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,512 | $72,682 | $78,145 |
| Median Personal Income | $50,988 | $56,764 | $61,726 |
| Average income growth | 2.7% | 4.3% | 5.1% |
| Six-Figure Earners | 7.4% | 10.6% | 13.2% |
The median household income in Morris County is about 21% lower than in Kansas. Income has been growing slower in Morris County (2.7%/yr) than in Kansas (4.3%/yr).
About 7% of adults in Morris 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 Morris County, Kansas grew by 45.7% from 2009 to 2023, reaching $57,512 in 2023. That's an average of about 2.7% per year.
Economic Inequality in Morris County | Gender Pay Gap | Gini Coefficient
| Metric | Morris County | Kansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.502 | 0.539 | 0.570 |
| Male Median Income | $53,459 | $63,363 | $67,746 |
| Female Median Income | $46,742 | $49,832 | $54,793 |
| Gender Pay Gap | 12.6% | 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 Morris County, it is 0.502, 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 14% more than women's income in Morris County, Kansas. Over a 35-year career, a 14% wage gap accumulates to roughly $235,095 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Morris County, Kansas has narrowed from about 32% to 13% in 2023. In dollar terms, the gap has narrowed by $5,070 since 2009.
Employment
| Metric | Morris County | Kansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.0% | 3.9% | 5.2% |
| Working from Home | 7.8% | 10.7% | 13.4% |
| Commute time (minutes) | 13 | 17 | 22 |
Approximately 56 people are unemployed in Morris County, Kansas.
The average commute time in Morris County is 13 minutes, shorter than the 17 minutes in Kansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Morris County, Kansas has fallen from 4.5% to 2.0% in 2023.
Conclusion
Considering all these factors, Morris County, Kansas has an overall wealth index grade of B, making it somewhat better than Kansas, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Morris County, Kansas.
How Rich Is Morris County, Kansas?
Morris 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 $57,512, about 21% lower than the Kansas average of $72,682.
What is the current median household income in Morris County, Kansas?
As of 2023, the median household income in Morris County, Kansas is $57,512.
What was the median household income in Morris County in 2023?
In 2023, the median household income in Morris County, Kansas was $57,512.
What was the median household income in Morris County in 2020?
In 2020, the median household income in Morris County, Kansas was $54,666.
What is the Gini coefficient in Morris County, Kansas?
The Gini coefficient in Morris County is 0.502. 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 Morris County, Kansas?
Since 2009, the income gap between men and women in Morris County, Kansas has narrowed from about 32% to 13% in 2023. In dollar terms, the gap has narrowed by $5,070 since 2009.