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 | Osage County | Kansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,370 | $72,682 | $78,145 |
| Median Personal Income | $56,026 | $56,764 | $61,726 |
| Average income growth | 4.7% | 4.3% | 5.1% |
| Six-Figure Earners | 6.8% | 10.6% | 13.2% |
The median household income in Osage County is about 2% lower than in Kansas. Income has been growing faster in Osage County (4.7%/yr) than in Kansas (4.3%/yr).
About 7% of adults in Osage 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 Osage County, Kansas grew by 51.8% from 2009 to 2023, reaching $71,370 in 2023. That's an average of about 4.7% per year.
Economic Inequality in Osage County | Gender Pay Gap | Gini Coefficient
| Metric | Osage County | Kansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.495 | 0.539 | 0.570 |
| Male Median Income | $63,538 | $63,363 | $67,746 |
| Female Median Income | $49,746 | $49,832 | $54,793 |
| Gender Pay Gap | 21.7% | 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 Osage County, it is 0.495, 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 28% more than women's income in Osage County, Kansas. Over a 35-year career, a 28% wage gap accumulates to roughly $482,720 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Osage County, Kansas has stayed about the same since 2009, at around 22%. In dollar terms, the gap has widened by $4,720 since 2009.
Employment
| Metric | Osage County | Kansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.5% | 3.9% | 5.2% |
| Working from Home | 7.9% | 10.7% | 13.4% |
| Commute time (minutes) | 27 | 17 | 22 |
Approximately 196 people are unemployed in Osage County, Kansas.
The average commute time in Osage County is 27 minutes, longer than the 17 minutes in Kansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Osage County, Kansas has fallen from 6.7% to 2.5% in 2023.
Conclusion
Considering all these factors, Osage 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 Osage County, Kansas.
How Wealthy Is Osage County, Kansas?
Osage 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 $71,370, about 2% lower than the Kansas average of $72,682.
What is the current median household income in Osage County, Kansas?
As of 2023, the median household income in Osage County, Kansas is $71,370.
What was the median household income in Osage County in 2023?
In 2023, the median household income in Osage County, Kansas was $71,370.
What was the median household income in Osage County in 2020?
In 2020, the median household income in Osage County, Kansas was $58,265.
What is the Gini coefficient in Osage County, Kansas?
The Gini coefficient in Osage County is 0.495. 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 Osage County, Kansas?
The income gap between men and women in Osage County, Kansas has stayed about the same since 2009, at around 22%. In dollar terms, the gap has widened by $4,720 since 2009.