Oceana County, Michigan Income Statistics
Oceana 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.
-
C
Oceana County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Oceana County | Michigan Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,098 | $72,977 | $80,455 |
| Median Personal Income | $46,337 | $59,920 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.6% | 4.8% |
| Six-Figure Earners | 6.0% | 11.4% | 13.9% |
| $200k+ Households | 5.2% | 9.5% | 13.2% |
The median household income in Oceana County is about 14% lower than in Michigan. Income has been growing faster in Oceana County (5.1%/yr) than in Michigan (4.6%/yr).
About 6% of adults in Oceana 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 Oceana County, Michigan grew by 58.8% from 2009 to 2024, reaching $63,098 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Oceana County
| Metric | Oceana County | Michigan Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.516 | 0.539 | 0.552 |
| Male Median Income | $51,063 | $69,354 | $69,667 |
| Female Median Income | $46,929 | $54,749 | $56,850 |
| Gender Pay Gap | 8.1% | 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 Oceana County, it is 0.516, 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 9% more than women's income in Oceana County, Michigan. Over a 35-year career, a 9% wage gap accumulates to roughly $144,690 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Oceana County, Michigan has narrowed from about 28% to 8% in 2024. Over that period the gap was widest at 29% in 2012. In dollar terms, the gap has narrowed by $6,667 since 2009.
Employment
| Metric | Oceana County | Michigan Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 5.7% | 5.2% |
| Working from Home | 7.4% | 13.5% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 793 people are unemployed in Oceana County, Michigan.
The average commute time in Oceana County is 18 minutes, shorter than the 21 minutes in Michigan.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Oceana County, Michigan has fallen from 10.1% to 6.5% in 2024. Over that period the rate fell as low as 5.0% in 2022.
Oceana County, MI Wealth Compared With Nearby Counties
Oceana County, MI is the 5th largest of the 6 counties compared here, 26,915 residents against a local median of 50,792. The measure that sets Oceana County, MI apart most is unemployment: 6.5%, 43% above the local median of 4.5%. That is the weaker end of the local range on this measure.
The counties themselves spread 2.9% on unemployment, so Oceana County, MI sits at one end of an already wide local range rather than apart from it. Oceana 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. |
|---|---|---|---|---|---|
| Oceana County, MI | 26,915 | $63,098 #6/6 | 5.1%/yr #4/6 | 6.5% #6/6 | 0.516 #3/6 |
| Mason County, MI | 29,204 | $66,292 | 5.5%/yr | 4.5% | 0.510 |
| Muskegon County, MI | 175,961 | $65,879 | 5.2%/yr | 6.4% | 0.522 |
| Ottawa County, MI | 301,203 | $90,732 | 5.0%/yr | 3.5% | 0.529 |
| Manistee County, MI | 25,350 | $64,478 | 5.3%/yr | 6.4% | 0.517 |
| Newaygo County, MI | 50,792 | $63,785 | 4.7%/yr | 4.4% | 0.514 |
Conclusion
Considering all these factors, Oceana County, Michigan has an overall wealth index grade of C, making it about on par with Michigan, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Oceana County, Michigan.
How Wealthy Is Oceana County, Michigan?
Oceana County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $63,098, about 14% lower than the Michigan average of $72,977.
How fast is household income rising in Oceana County, Michigan?
Between 2009 and 2024, the median household income in Oceana County, Michigan rose 59%, from $39,725 to $63,098. Over the same years, income here outpaced Michigan as a whole: +59% against +50%.
What was the median household income in Oceana County in 2023?
In 2023, the median household income in Oceana County, Michigan was $63,073, up 4% from $60,737 in 2022. The Michigan median that year was $71,362.
What was the median household income in Oceana County in 2020?
In 2020, the median household income in Oceana County, Michigan was $51,344. By 2024 it had risen 23% to $63,098.
What is the Gini coefficient in Oceana County, Michigan?
The Gini coefficient in Oceana County is 0.516. 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 Oceana County, Michigan?
Since 2009, the income gap between men and women in Oceana County, Michigan has narrowed from about 28% to 8% in 2024. Over that period the gap was widest at 29% in 2012. In dollar terms, the gap has narrowed by $6,667 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 →