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.

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Income Statistics Overview

See income data visualized

Metric Milford Mill Maryland Avg US Average
Median Household Income $75,442 $101,971 $78,145
Median Personal Income $75,442 $101,971 $78,145
Average income growth 2.2% 2.2% 2.2%

Household Income Trend

Median Household Income Over Time

Milford Mill
United States
Year Milford Mill United States

Economic Inequality in Milford Mill | Gender Pay Gap | Gini Index

Metric Milford Mill Maryland Avg US Average
Gini Index 0.510 0.553 0.570
Male Median Income $50,240 $81,929 $67,746
Female Median Income $50,620 $70,143 $54,793
Gender Pay Gap -0.8% 14.4% 19.1%

Income by Sex Over Time

Male
Female
Year Male Income Female Income Gap %

Employment

Metric Milford Mill Maryland Avg US Average
Unemployment Rate 6.5% 4.9% 5.2%
Working from Home 10.6% 17.2% 13.4%
Commute time (minutes) 30 28 22

Unemployment Rate Over Time

Milford Mill
United States
Year Milford Mill United States