Calloway County, Kentucky Income Statistics

Calloway 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.

  • D
    Calloway County Well below average

Source: Map AI Methodology

Calloway County
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Wealth grade

Income Statistics Overview

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Metric Calloway County Kentucky Avg US Average
Median Household Income $53,083 $64,312 $80,455
Median Personal Income $43,826 $52,849 $60,758
Average Yearly Income Growth 4.7% 4.6% 4.8%
Six-Figure Earners 5.4% 8.9% 13.9%
$200k+ Households 4.4% 7.2% 13.2%

The median household income in Calloway County is about 17% lower than in Kentucky. Income has been growing faster in Calloway County (4.7%/yr) than in Kentucky (4.6%/yr).

About 5% of adults in Calloway County earn six figures ($100,000 or more) a year, lower than the Kentucky average of 9%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Calloway County
United States

Median household income in Calloway County, Kentucky grew by 45.7% from 2009 to 2024, reaching $53,083 in 2024. That's an average of about 4.7% per year.

Year Calloway County United States

Income Inequality and the Gender Pay Gap in Calloway County

Metric Calloway County Kentucky Avg US Average
Gini Coefficient 0.561 0.547 0.552
Male Median Income $49,282 $60,966 $69,667
Female Median Income $41,215 $49,119 $56,850
Gender Pay Gap 16.4% 19.4% 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 Calloway County, it is 0.561, higher than Kentucky's 0.547, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Men's income is about 20% more than women's income in Calloway County, Kentucky. Over a 35-year career, a 20% wage gap accumulates to roughly $282,345 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Calloway County, Kentucky has narrowed from about 29% to 16% in 2024. Over that period the gap was narrowest at 13% in 2015. In dollar terms, the gap has narrowed by $2,940 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Calloway County Kentucky Avg US Average
Unemployment Rate 4.4% 4.8% 5.2%
Working from Home 6.0% 10.2% 15.0%
Commute time (minutes) 13 20 22

Approximately 826 people are unemployed in Calloway County, Kentucky.

The average commute time in Calloway County is 13 minutes, shorter than the 20 minutes in Kentucky.

Unemployment Rate Over Time

Calloway County
United States

Since 2011, the unemployment rate in Calloway County, Kentucky has fallen from 9.0% to 4.4% in 2024. Over that period the rate peaked at 10.5% in 2014 and fell as low as 4.2% in 2019.

Year Calloway County United States

Calloway County, KY Wealth Compared With Nearby Counties

Calloway County, KY is the largest of the 6 counties compared here, 38,226 residents against a local median of 31,743. The measure that sets Calloway County, KY apart most is income growth: 4.7%/yr, 27% above the local median of 3.7%/yr. That is the better end of the local range on this measure.

The counties themselves spread 2.1%/yr on income growth, so Calloway County, KY sits at one end of an already wide local range rather than apart from it. Calloway County, KY has the 2nd highest income growth 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.
Calloway County, KY 38,226 $53,083 #4/6 4.7%/yr #2/6 4.4% #4/6 0.561 #5/6
Marshall County, KY 31,743 $67,559 5.1%/yr 4.5% 0.534
Henry County, TN 32,412 $50,759 3.7%/yr 4.8% 0.521
Graves County, KY 36,630 $50,878 3.0%/yr 3.4% 0.552
Trigg County, KY 14,315 $59,880 3.7%/yr 4.1% 0.539
Lyon County, KY 8,900 $66,537 4.4%/yr 2.9% 0.599

Conclusion

Considering all these factors, Calloway County, Kentucky has an overall wealth index grade of D, making it about on par with Kentucky, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Calloway County, Kentucky.

How Rich Is Calloway County, Kentucky?

Calloway County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $53,083, about 17% lower than the Kentucky average of $64,312.

How has median household income changed in Calloway County, Kentucky?

Between 2009 and 2024, the median household income in Calloway County, Kentucky rose 46%, from $36,444 to $53,083. Over the same years, income here lagged behind Kentucky as a whole: +46% against +56%.

What was the median household income in Calloway County in 2023?

In 2023, the median household income in Calloway County, Kentucky was $51,673, up 6% from $48,926 in 2022. The Kentucky median that year was $62,783.

What was the median household income in Calloway County in 2020?

In 2020, the median household income in Calloway County, Kentucky was $42,492. By 2024 it had risen 25% to $53,083.

What is the Gini coefficient in Calloway County, Kentucky?

The Gini coefficient in Calloway County is 0.561. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.

How has the income gap between men and women changed in Calloway County, Kentucky?

Since 2009, the income gap between men and women in Calloway County, Kentucky has narrowed from about 29% to 16% in 2024. Over that period the gap was narrowest at 13% in 2015. In dollar terms, the gap has narrowed by $2,940 since 2009.

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