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
| Metric | Talbot County | Maryland Avg | US Average |
|---|---|---|---|
| Median Household Income | $84,789 | $101,971 | $78,145 |
| Median Personal Income | $84,789 | $101,971 | $78,145 |
| Average income growth | 4.9% | 4.9% | 4.9% |
Household Income Trend
Median Household Income Over Time
Talbot County
United States
Economic Inequality in Talbot County | Gender Pay Gap | Gini Index
| Metric | Talbot County | Maryland Avg | US Average |
|---|---|---|---|
| Gini Index | 0.532 | 0.553 | 0.570 |
| Male Median Income | $75,836 | $81,929 | $67,746 |
| Female Median Income | $60,767 | $70,143 | $54,793 |
| Gender Pay Gap | 19.9% | 14.4% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Talbot County | Maryland Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 4.9% | 5.2% |
| Working from Home | 14.3% | 17.2% | 13.4% |
| Commute time (minutes) | 18 | 28 | 22 |
Unemployment Rate Over Time
Talbot County
United States