Wealth Index
Among the 3 least wealthy counties in Missouri
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.
Income Statistics Overview
| Metric | DeKalb County | Missouri Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,233 | $69,051 | $78,145 |
| Median Personal Income | $52,114 | $56,130 | $61,726 |
| Average income growth | 7.4% | 4.8% | 5.1% |
| Six-Figure Earners | 4.1% | 9.9% | 13.2% |
The median household income in DeKalb County is about 3% higher than in Missouri. Income has been growing faster in DeKalb County (7.4%/yr) than in Missouri (4.8%/yr).
About 4% of adults in DeKalb County earn six figures ($100,000 or more) a year, lower than the Missouri average of 10%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in DeKalb County, Missouri grew by 65.4% from 2009 to 2023, reaching $71,233 in 2023. That's an average of about 7.4% per year.
Economic Inequality in DeKalb County | Gender Pay Gap | Gini Coefficient
| Metric | DeKalb County | Missouri Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.639 | 0.543 | 0.570 |
| Male Median Income | $55,678 | $62,759 | $67,746 |
| Female Median Income | $47,736 | $49,461 | $54,793 |
| Gender Pay Gap | 14.3% | 21.2% | 19.1% |
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 DeKalb County, it is 0.639, higher than Missouri's 0.543, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 17% more than women's income in DeKalb County, Missouri. Over a 35-year career, a 17% wage gap accumulates to roughly $277,970 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in DeKalb County, Missouri has narrowed from about 18% to 14% in 2023. In dollar terms, the gap has widened by $1,680 since 2009.
Employment
| Metric | DeKalb County | Missouri Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.3% | 4.1% | 5.2% |
| Working from Home | 10.5% | 11.6% | 13.4% |
| Commute time (minutes) | 26 | 21 | 22 |
Approximately 99 people are unemployed in DeKalb County, Missouri.
The average commute time in DeKalb County is 26 minutes, longer than the 21 minutes in Missouri.
Unemployment Rate Over Time
Since 2011, the unemployment rate in DeKalb County, Missouri has fallen from 5.1% to 2.3% in 2023.
Conclusion
Considering all these factors, DeKalb County, Missouri has an overall wealth index grade of D, making it somewhat worse than Missouri, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in DeKalb County, Missouri.
How Rich Is DeKalb County, Missouri?
DeKalb 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 $71,233, about 3% higher than the Missouri average of $69,051.
What is the current median household income in DeKalb County, Missouri?
As of 2023, the median household income in DeKalb County, Missouri is $71,233.
What was the median household income in DeKalb County in 2023?
In 2023, the median household income in DeKalb County, Missouri was $71,233.
What was the median household income in DeKalb County in 2020?
In 2020, the median household income in DeKalb County, Missouri was $58,668.
What is the Gini coefficient in DeKalb County, Missouri?
The Gini coefficient in DeKalb County is 0.639. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in DeKalb County, Missouri?
Since 2009, the income gap between men and women in DeKalb County, Missouri has narrowed from about 18% to 14% in 2023. In dollar terms, the gap has widened by $1,680 since 2009.