Lee's Summit, Missouri Income Statistics
Lee's Summit 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.
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A
Lee's Summit Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lee's Summit | Missouri Avg | US Average |
|---|---|---|---|
| Median Household Income | $100,652 | $70,801 | $80,455 |
| Median Personal Income | $74,080 | $54,686 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.6% | 4.8% |
| Six-Figure Earners | 17.8% | 10.5% | 13.9% |
| $200k+ Households | 15.0% | 8.7% | 13.2% |
The median household income in Lee's Summit is about 42% higher than in Missouri. Income has been growing slower in Lee's Summit (3.2%/yr) than in Missouri (4.6%/yr).
About 18% of adults in Lee's Summit earn six figures ($100,000 or more) a year, higher than the Missouri average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lee's Summit, Missouri grew by 41.2% from 2009 to 2024, reaching $100,652 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in Lee's Summit
| Metric | Lee's Summit | Missouri Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.502 | 0.532 | 0.552 |
| Male Median Income | $85,313 | $64,288 | $69,667 |
| Female Median Income | $64,986 | $51,060 | $56,850 |
| Gender Pay Gap | 23.8% | 20.6% | 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 Lee's Summit, it is 0.502, lower than Missouri's 0.532, 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 31% more than women's income in Lee's Summit, Missouri. Over a 35-year career, a 31% wage gap accumulates to roughly $711,445 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lee's Summit, Missouri has narrowed from about 28% to 24% in 2024. Over that period the gap was narrowest at 21% in 2017. In dollar terms, the gap has widened by $3,448 since 2009.
Employment
| Metric | Lee's Summit | Missouri Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 4.0% | 5.2% |
| Working from Home | 20.5% | 13.0% | 15.0% |
| Commute time (minutes) | 23 | 20 | 22 |
Approximately 1,891 people are unemployed in Lee's Summit, Missouri.
The average commute time in Lee's Summit is 23 minutes, longer than the 20 minutes in Missouri.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lee's Summit, Missouri has fallen from 5.0% to 3.7% in 2024. Over that period the rate peaked at 5.7% in 2012 and fell as low as 2.8% in 2019.
Lee's Summit, MO Wealth Compared With Nearby Cities
How Lee's Summit, MO compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Lee's Summit, MO | 96,025 | $100,652 #1/2 | 3.2%/yr #2/2 | 3.7% #1/2 | 0.502 #2/2 |
| Raytown, MO | 28,527 | $69,474 | 4.6%/yr | 5.6% | 0.466 |
Conclusion
Considering all these factors, Lee's Summit, Missouri has an overall wealth index grade of A, making it notably better than Missouri, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lee's Summit, Missouri.
How Rich Is Lee's Summit, Missouri?
Lee's Summit has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $100,652, about 42% higher than the Missouri average of $70,801.
How fast is household income rising in Lee's Summit, Missouri?
Between 2009 and 2024, the median household income in Lee's Summit, Missouri rose 41%, from $71,269 to $100,652. Over the same years, income here lagged behind Missouri as a whole: +41% against +54%.
What was the median household income in Lee's Summit in 2023?
In 2023, the median household income in Lee's Summit, Missouri was $101,875, up 2% from $99,707 in 2022. The Missouri median that year was $69,047.
What was the median household income in Lee's Summit in 2020?
In 2020, the median household income in Lee's Summit, Missouri was $91,873. By 2024 it had risen 10% to $100,652.
How many people earn six figures in Lee's Summit, Missouri?
Yes. 18% of adults in Lee's Summit, Missouri earn $100,000 or more a year (about 1 in 6), against 11% (about 1 in 9) in Missouri. 15% of households have a combined income of $200,000 or more, compared with 9% in Missouri.
What is the Gini coefficient in Lee's Summit, Missouri?
The Gini coefficient in Lee's Summit is 0.502. 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 Lee's Summit, Missouri?
Since 2009, the income gap between men and women in Lee's Summit, Missouri has narrowed from about 28% to 24% in 2024. Over that period the gap was narrowest at 21% in 2017. In dollar terms, the gap has widened by $3,448 since 2009.
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