Erlanger, Kentucky Income Statistics
Erlanger Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
B
Erlanger Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Erlanger | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,248 | $64,312 | $80,455 |
| Median Personal Income | $53,787 | $52,849 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.6% | 4.8% |
| Six-Figure Earners | 11.9% | 8.9% | 13.9% |
| $200k+ Households | 11.7% | 7.2% | 13.2% |
The median household income in Erlanger is about 25% higher than in Kentucky. Income has been growing slower in Erlanger (4.6%/yr) than in Kentucky (4.6%/yr).
About 12% of adults in Erlanger earn six figures ($100,000 or more) a year, higher than the Kentucky average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Erlanger, Kentucky grew by 41.7% from 2009 to 2024, reaching $80,248 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Erlanger
| Metric | Erlanger | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.494 | 0.547 | 0.552 |
| Male Median Income | $65,342 | $60,966 | $69,667 |
| Female Median Income | $49,939 | $49,119 | $56,850 |
| Gender Pay Gap | 23.6% | 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 Erlanger, it is 0.494, lower than Kentucky's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 31% more than women's income in Erlanger, Kentucky. Over a 35-year career, a 31% wage gap accumulates to roughly $539,105 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Erlanger, Kentucky has stayed about the same since 2009, at around 24%. Over that period the gap was widest at 27% in 2023, and was narrowest at 7% in 2017. In dollar terms, the gap has widened by $4,132 since 2009.
Employment
| Metric | Erlanger | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 4.8% | 5.2% |
| Working from Home | 16.3% | 10.2% | 15.0% |
| Commute time (minutes) | 18 | 20 | 22 |
Approximately 599 people are unemployed in Erlanger, Kentucky.
The average commute time in Erlanger is 18 minutes, shorter than the 20 minutes in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Erlanger, Kentucky has fallen from 6.7% to 4.7% in 2024. Over that period the rate peaked at 8.2% in 2013 and fell as low as 2.9% in 2018.
Conclusion
Considering all these factors, Erlanger, Kentucky has an overall wealth index grade of B, making it somewhat better than Kentucky, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Erlanger, Kentucky.
How Wealthy Is Erlanger, Kentucky?
Erlanger 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 $80,248, about 25% higher than the Kentucky average of $64,312.
How has median household income changed in Erlanger, Kentucky?
Between 2009 and 2024, the median household income in Erlanger, Kentucky rose 42%, from $56,628 to $80,248. Over the same years, income here lagged behind Kentucky as a whole: +42% against +56%.
What was the median household income in Erlanger in 2023?
In 2023, the median household income in Erlanger, Kentucky was $83,716, up 8% from $77,779 in 2022. The Kentucky median that year was $62,783.
What was the median household income in Erlanger in 2020?
In 2020, the median household income in Erlanger, Kentucky was $67,749. By 2024 it had risen 18% to $80,248.
What is the Gini coefficient in Erlanger, Kentucky?
The Gini coefficient in Erlanger is 0.494. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Erlanger, Kentucky?
The income gap between men and women in Erlanger, Kentucky has stayed about the same since 2009, at around 24%. Over that period the gap was widest at 27% in 2023, and was narrowest at 7% in 2017. In dollar terms, the gap has widened by $4,132 since 2009.
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