Allendale, Michigan Income Statistics
Allendale 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.
-
D
Allendale Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Allendale | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,329 | $72,977 | $80,455 |
| Median Personal Income | $51,854 | $59,920 | $60,758 |
| Average Yearly Income Growth | 6.9% | 4.6% | 4.8% |
| Six-Figure Earners | 4.0% | 11.4% | 13.9% |
| $200k+ Households | 4.8% | 9.5% | 13.2% |
The median household income in Allendale is about 6% lower than in Michigan. Income has been growing faster in Allendale (6.9%/yr) than in Michigan (4.6%/yr).
About 4% of adults in Allendale earn six figures ($100,000 or more) a year, lower than the Michigan average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Allendale, Michigan grew by 20.6% from 2009 to 2024, reaching $68,329 in 2024. That's an average of about 6.9% per year.
Income Inequality and the Gender Pay Gap in Allendale
| Metric | Allendale | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.625 | 0.539 | 0.552 |
| Male Median Income | $61,423 | $69,354 | $69,667 |
| Female Median Income | $49,083 | $54,749 | $56,850 |
| Gender Pay Gap | 20.1% | 21.1% | 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 Allendale, it is 0.625, higher than Michigan's 0.539, 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 25% more than women's income in Allendale, Michigan. Over a 35-year career, a 25% wage gap accumulates to roughly $431,900 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Allendale, Michigan has narrowed from about 25% to 20% in 2024. Over that period the gap was widest at 35% in 2020. In dollar terms, the gap has widened by $77 since 2009.
Employment
| Metric | Allendale | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.2% | 5.7% | 5.2% |
| Working from Home | 8.8% | 13.5% | 15.0% |
| Commute time (minutes) | 20 | 21 | 22 |
Approximately 1,141 people are unemployed in Allendale, Michigan.
The average commute time in Allendale is 20 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Allendale, Michigan has fallen from 10.6% to 8.2% in 2024. Over that period the rate peaked at 12.0% in 2014 and fell as low as 7.7% in 2019.
Conclusion
Considering all these factors, Allendale, Michigan has an overall wealth index grade of D, making it somewhat worse than Michigan, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Allendale, Michigan.
How Wealthy Is Allendale, Michigan?
Allendale 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 $68,329, about 6% lower than the Michigan average of $72,977.
How fast is household income rising in Allendale, Michigan?
Between 2009 and 2024, the median household income in Allendale, Michigan rose 21%, from $56,676 to $68,329. Over the same years, income here lagged behind Michigan as a whole: +21% against +50%.
What was the median household income in Allendale in 2023?
In 2023, the median household income in Allendale, Michigan was $65,874, up 3% from $64,031 in 2022. The Michigan median that year was $71,362.
What was the median household income in Allendale in 2020?
In 2020, the median household income in Allendale, Michigan was $54,885. By 2024 it had risen 24% to $68,329.
How strong is the job market in Allendale, Michigan?
Unemployment in Allendale, Michigan is 8.2%, well above the Michigan rate of 5.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Allendale, Michigan?
The Gini coefficient in Allendale is 0.625. 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 Allendale, Michigan?
Since 2009, the income gap between men and women in Allendale, Michigan has narrowed from about 25% to 20% in 2024. Over that period the gap was widest at 35% in 2020. In dollar terms, the gap has widened by $77 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →