Hickman County, Kentucky Income Statistics
Hickman 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.
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D
Hickman County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hickman County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,724 | $64,312 | $80,455 |
| Median Personal Income | $45,895 | $52,849 | $60,758 |
| Average Yearly Income Growth | 6.8% | 4.6% | 4.8% |
| Six-Figure Earners | 5.6% | 8.9% | 13.9% |
| $200k+ Households | 8.0% | 7.2% | 13.2% |
The median household income in Hickman County is about 4% lower than in Kentucky. Income has been growing faster in Hickman County (6.8%/yr) than in Kentucky (4.6%/yr).
About 6% of adults in Hickman 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
Median household income in Hickman County, Kentucky grew by 95.5% from 2009 to 2024, reaching $61,724 in 2024. That's an average of about 6.8% per year.
Income Inequality and the Gender Pay Gap in Hickman County
| Metric | Hickman County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.526 | 0.547 | 0.552 |
| Male Median Income | $60,399 | $60,966 | $69,667 |
| Female Median Income | $35,024 | $49,119 | $56,850 |
| Gender Pay Gap | 42.0% | 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 Hickman County, it is 0.526, 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 72% more than women's income in Hickman County, Kentucky. Over a 35-year career, a 72% wage gap accumulates to roughly $888,125 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hickman County, Kentucky has widened from about 39% to 42% in 2024. Over that period the gap was widest at 49% in 2022, and was narrowest at 16% in 2017. In dollar terms, the gap has widened by $8,583 since 2009.
Sharply against the trend: the pay gap in Hickman County widened by 3.2 points while Kentucky's narrowed by 5.2 points.
Employment
| Metric | Hickman County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 4.8% | 5.2% |
| Working from Home | 7.1% | 10.2% | 15.0% |
| Commute time (minutes) | 18 | 20 | 22 |
Approximately 63 people are unemployed in Hickman County, Kentucky.
The average commute time in Hickman County is 18 minutes, shorter than the 20 minutes in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hickman County, Kentucky has fallen from 11.9% to 3.1% in 2024. Over that period the rate peaked at 13.0% in 2013.
Hickman County, KY Wealth Compared With Nearby Counties
Hickman County, KY is the smallest of the 6 counties compared here, 4,439 residents against a local median of 11,898. Hickman County, KY's income growth, at 6.8%/yr, runs 49% above the 4.6%/yr typical of the counties around it. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $61,724 against a local median of $50,878, 21% above it. Every measure here with a clear better direction points the same way, so Hickman County, KY is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 3.7%/yr on income growth, so Hickman County, KY sits at one end of an already wide local range rather than apart from it. Hickman County, KY has the 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. |
|---|---|---|---|---|---|
| Hickman County, KY | 4,439 | $61,724 #2/6 | 6.8%/yr #1/6 | 3.1% #2/6 | 0.526 #1/6 |
| Carlisle County, KY | 4,760 | $64,056 | 6.1%/yr | 3.7% | 0.534 |
| Fulton County, KY | 6,409 | $38,509 | 4.6%/yr | 3.3% | 0.542 |
| Graves County, KY | 36,630 | $50,878 | 3.0%/yr | 3.4% | 0.552 |
| Mississippi County, MO | 11,898 | $48,699 | 6.7%/yr | 2.7% | 0.561 |
| Obion County, TN | 30,444 | $53,903 | 4.2%/yr | 4.2% | 0.528 |
Conclusion
Considering all these factors, Hickman 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 Hickman County, Kentucky.
How Rich Is Hickman County, Kentucky?
Hickman 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 $61,724, about 4% lower than the Kentucky average of $64,312.
How fast is household income rising in Hickman County, Kentucky?
Between 2009 and 2024, the median household income in Hickman County, Kentucky rose 96%, from $31,565 to $61,724. Over the same years, income here outpaced Kentucky as a whole: +96% against +56%.
What was the median household income in Hickman County in 2023?
In 2023, the median household income in Hickman County, Kentucky was $62,093, down 12% from $70,227 in 2022. The Kentucky median that year was $62,783.
What was the median household income in Hickman County in 2020?
In 2020, the median household income in Hickman County, Kentucky was $43,845. By 2024 it had risen 41% to $61,724.
Is it hard to find a job in Hickman County, Kentucky?
Unemployment in Hickman County, Kentucky is only 3.1%, well below the Kentucky rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Hickman County, Kentucky?
The Gini coefficient in Hickman County is 0.526. 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 Hickman County, Kentucky?
Since 2009, the income gap between men and women in Hickman County, Kentucky has widened from about 39% to 42% in 2024. Over that period the gap was widest at 49% in 2022, and was narrowest at 16% in 2017. In dollar terms, the gap has widened by $8,583 since 2009.
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