Gogebic County, Michigan Income Statistics
Gogebic 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
Gogebic County Well below averageLess wealthy than 82% of counties in Michigan
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gogebic County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $52,407 | $72,977 | $80,455 |
| Median Personal Income | $49,554 | $59,920 | $60,758 |
| Average Yearly Income Growth | 4.9% | 4.6% | 4.8% |
| Six-Figure Earners | 6.2% | 11.4% | 13.9% |
| $200k+ Households | 4.5% | 9.5% | 13.2% |
The median household income in Gogebic County is about 28% lower than in Michigan. Income has been growing faster in Gogebic County (4.9%/yr) than in Michigan (4.6%/yr).
About 6% of adults in Gogebic County 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 Gogebic County, Michigan grew by 61.4% from 2009 to 2024, reaching $52,407 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Gogebic County
| Metric | Gogebic County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.501 | 0.539 | 0.552 |
| Male Median Income | $63,494 | $69,354 | $69,667 |
| Female Median Income | $47,038 | $54,749 | $56,850 |
| Gender Pay Gap | 25.9% | 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 Gogebic County, it is 0.501, lower than Michigan's 0.539, 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 35% more than women's income in Gogebic County, Michigan. Over a 35-year career, a 35% wage gap accumulates to roughly $575,960 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gogebic County, Michigan has widened from about 23% to 26% in 2024. Over that period the gap was widest at 29% in 2023, and was narrowest at 10% in 2014. In dollar terms, the gap has widened by $7,931 since 2009.
Sharply against the trend: the pay gap in Gogebic County widened by 3.2 points while Michigan's narrowed by 7.0 points.
Employment
| Metric | Gogebic County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 5.7% | 5.2% |
| Working from Home | 7.5% | 13.5% | 15.0% |
| Commute time (minutes) | 12 | 21 | 22 |
Approximately 423 people are unemployed in Gogebic County, Michigan.
The average commute time in Gogebic County is 12 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gogebic County, Michigan has fallen from 9.4% to 6.5% in 2024. Over that period the rate peaked at 10.8% in 2014 and fell as low as 4.5% in 2020.
Gogebic County, MI Wealth Compared With Nearby Counties
Gogebic County, MI is typical in size for this group, 14,317 residents against a local median of 16,080, so the measures below are close to a like for like comparison. The measure that sets Gogebic County, MI apart most is unemployment: 6.5%, 72% above the local median of 3.8%. That is the weaker end of the local range on this measure.
The counties themselves spread 3.4% on unemployment, so Gogebic County, MI sits at one end of an already wide local range rather than apart from it. Gogebic County, MI has the 6th lowest unemployment 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. |
|---|---|---|---|---|---|
| Gogebic County, MI | 14,317 | $52,407 #6/6 | 4.9%/yr #5/6 | 6.5% #6/6 | 0.501 #5/6 |
| Iron County, WI | 6,210 | $60,580 | 5.1%/yr | 2.5% | 0.461 |
| Vilas County, WI | 23,647 | $68,038 | 6.4%/yr | 4.0% | 0.483 |
| Ontonagon County, MI | 5,848 | $54,540 | 5.7%/yr | 5.3% | 0.489 |
| Ashland County, WI | 16,080 | $61,326 | 5.5%/yr | 3.8% | 0.503 |
| Oneida County, WI | 38,164 | $68,781 | 4.2%/yr | 2.0% | 0.491 |
Conclusion
Considering all these factors, Gogebic County, 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 Gogebic County, Michigan.
How Rich Is Gogebic County, Michigan?
Gogebic 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 $52,407, about 28% lower than the Michigan average of $72,977.
Are incomes growing in Gogebic County, Michigan?
Between 2009 and 2024, the median household income in Gogebic County, Michigan rose 61%, from $32,472 to $52,407. Over the same years, income here outpaced Michigan as a whole: +61% against +50%.
What was the median household income in Gogebic County in 2023?
In 2023, the median household income in Gogebic County, Michigan was $49,734, up 4% from $47,891 in 2022. The Michigan median that year was $71,362.
What was the median household income in Gogebic County in 2020?
In 2020, the median household income in Gogebic County, Michigan was $38,832. By 2024 it had risen 35% to $52,407.
What is the Gini coefficient in Gogebic County, Michigan?
The Gini coefficient in Gogebic County is 0.501. 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 Gogebic County, Michigan?
Since 2009, the income gap between men and women in Gogebic County, Michigan has widened from about 23% to 26% in 2024. Over that period the gap was widest at 29% in 2023, and was narrowest at 10% in 2014. In dollar terms, the gap has widened by $7,931 since 2009.
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