O'Fallon, Missouri Income Statistics
O'Fallon 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
O'Fallon Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | O'Fallon | Missouri Avg | US Average |
|---|---|---|---|
| Median Household Income | $112,057 | $70,801 | $80,455 |
| Median Personal Income | $71,681 | $54,686 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.6% | 4.8% |
| Six-Figure Earners | 18.3% | 10.5% | 13.9% |
| $200k+ Households | 16.2% | 8.7% | 13.2% |
The median household income in O'Fallon is about 58% higher than in Missouri. Income has been growing slower in O'Fallon (4.4%/yr) than in Missouri (4.6%/yr).
About 18% of adults in O'Fallon 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 O'Fallon, Missouri grew by 46.6% from 2009 to 2024, reaching $112,057 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in O'Fallon
| Metric | O'Fallon | Missouri Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.501 | 0.532 | 0.552 |
| Male Median Income | $86,083 | $64,288 | $69,667 |
| Female Median Income | $67,935 | $51,060 | $56,850 |
| Gender Pay Gap | 21.1% | 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 O'Fallon, it is 0.501, 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 27% more than women's income in O'Fallon, Missouri. Over a 35-year career, a 27% wage gap accumulates to roughly $635,180 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in O'Fallon, Missouri has narrowed from about 35% to 21% in 2024. Over that period the gap was narrowest at 18% in 2023. In dollar terms, the gap has narrowed by $3,786 since 2009.
Employment
| Metric | O'Fallon | Missouri Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 4.0% | 5.2% |
| Working from Home | 18.0% | 13.0% | 15.0% |
| Commute time (minutes) | 23 | 20 | 22 |
Approximately 1,433 people are unemployed in O'Fallon, Missouri.
The average commute time in O'Fallon is 23 minutes, longer than the 20 minutes in Missouri.
Unemployment Rate Over Time
Since 2011, the unemployment rate in O'Fallon, Missouri has fallen from 6.4% to 3.3% in 2024. Over that period the rate peaked at 6.6% in 2012 and fell as low as 2.8% in 2019.
Conclusion
Considering all these factors, O'Fallon, 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 O'Fallon, Missouri.
How Wealthy Is O'Fallon, Missouri?
O'Fallon 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 $112,057, about 58% higher than the Missouri average of $70,801.
Are incomes growing in O'Fallon, Missouri?
Between 2009 and 2024, the median household income in O'Fallon, Missouri rose 47%, from $76,421 to $112,057. Over the same years, income here lagged behind Missouri as a whole: +47% against +54%.
What was the median household income in O'Fallon in 2023?
In 2023, the median household income in O'Fallon, Missouri was $108,439, up 6% from $102,052 in 2022. The Missouri median that year was $69,047.
What was the median household income in O'Fallon in 2020?
In 2020, the median household income in O'Fallon, Missouri was $92,834. By 2024 it had risen 21% to $112,057.
Do many residents of O'Fallon, Missouri earn over $100,000?
Yes. 18% of adults in O'Fallon, Missouri earn $100,000 or more a year (about 1 in 5), against 11% (about 1 in 9) in Missouri. 16% of households have a combined income of $200,000 or more, compared with 9% in Missouri.
What is the Gini coefficient in O'Fallon, Missouri?
The Gini coefficient in O'Fallon 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 O'Fallon, Missouri?
Since 2009, the income gap between men and women in O'Fallon, Missouri has narrowed from about 35% to 21% in 2024. Over that period the gap was narrowest at 18% in 2023. In dollar terms, the gap has narrowed by $3,786 since 2009.
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