Platte County, Missouri Income Statistics

Platte 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.

  • B
    Platte County Around average
    Among the top 3 wealthiest counties in Missouri

Source: Map AI Methodology

Platte County
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Wealth grade

Income Statistics Overview

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Metric Platte County Missouri Avg US Average
Median Household Income $96,388 $70,801 $80,455
Median Personal Income $68,075 $54,686 $60,758
Average Yearly Income Growth 3.8% 4.6% 4.8%
Six-Figure Earners 17.1% 10.5% 13.9%
$200k+ Households 15.7% 8.7% 13.2%

The median household income in Platte County is about 36% higher than in Missouri. Income has been growing slower in Platte County (3.8%/yr) than in Missouri (4.6%/yr).

About 17% of adults in Platte County 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

Platte County
United States

Median household income in Platte County, Missouri grew by 47.0% from 2009 to 2024, reaching $96,388 in 2024. That's an average of about 3.8% per year.

Year Platte County United States

Income Inequality and the Gender Pay Gap in Platte County

Metric Platte County Missouri Avg US Average
Gini Coefficient 0.512 0.532 0.552
Male Median Income $83,125 $64,288 $69,667
Female Median Income $60,397 $51,060 $56,850
Gender Pay Gap 27.3% 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 Platte County, it is 0.512, 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 38% more than women's income in Platte County, Missouri. Over a 35-year career, a 38% wage gap accumulates to roughly $795,480 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Platte County, Missouri has narrowed from about 30% to 27% in 2024. Over that period the gap was narrowest at 20% in 2019. In dollar terms, the gap has widened by $5,502 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Platte County Missouri Avg US Average
Unemployment Rate 2.7% 4.0% 5.2%
Working from Home 19.2% 13.0% 15.0%
Commute time (minutes) 22 20 22

Approximately 1,630 people are unemployed in Platte County, Missouri.

The average commute time in Platte County is 22 minutes, longer than the 20 minutes in Missouri.

Unemployment Rate Over Time

Platte County
United States

Since 2011, the unemployment rate in Platte County, Missouri has fallen from 5.9% to 2.7% in 2024. Over that period the rate peaked at 6.1% in 2012.

Year Platte County United States

Platte County, MO Wealth Compared With Nearby Counties

Platte County, MO is the 3rd largest of the 6 counties compared here, 110,371 residents against a local median of 83,567. Platte County, MO's median household income, at $96,388, runs 36% above the $71,052 typical of the counties around it. That is the better end of the local range on this measure.

Unemployment tells the same story from another angle: 2.7% against a local median of 3.8%, 29% below it. Every measure here with a clear better direction points the same way, so Platte County, MO is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread $26,518 on median household income, so Platte County, MO sits at one end of an already wide local range rather than apart from it. Platte County, MO has the highest median household income 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.
Platte County, MO 110,371 $96,388 #1/6 3.8%/yr #3/6 2.7% #1/6 0.512 #2/6
Wyandotte County, KS 167,620 $64,473 5.9%/yr 5.7% 0.518
Buchanan County, MO 83,567 $61,673 3.6%/yr 4.1% 0.525
Leavenworth County, KS 83,123 $88,191 3.7%/yr 3.8% 0.539
Clay County, MO 258,122 $87,903 4.1%/yr 3.8% 0.507
Clinton County, MO 21,414 $71,052 2.6%/yr 3.0% 0.516

Conclusion

Considering all these factors, Platte County, Missouri has an overall wealth index grade of B, making it somewhat better than Missouri, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Platte County, Missouri.

How Rich Is Platte County, Missouri?

Platte County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $96,388, about 36% higher than the Missouri average of $70,801.

Are incomes growing in Platte County, Missouri?

Between 2009 and 2024, the median household income in Platte County, Missouri rose 47%, from $65,586 to $96,388. Over the same years, income here lagged behind Missouri as a whole: +47% against +54%.

What was the median household income in Platte County in 2023?

In 2023, the median household income in Platte County, Missouri was $95,506, up 4% from $91,938 in 2022. The Missouri median that year was $69,047.

What was the median household income in Platte County in 2020?

In 2020, the median household income in Platte County, Missouri was $83,035. By 2024 it had risen 16% to $96,388.

Do many residents of Platte County, Missouri earn over $100,000?

Yes. 17% of adults in Platte County, Missouri earn $100,000 or more a year (about 1 in 6), 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.

How strong is the job market in Platte County, Missouri?

Unemployment in Platte County, Missouri is only 2.7%, well below the Missouri rate of 4.0%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Platte County, Missouri?

The Gini coefficient in Platte County is 0.512. 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 Platte County, Missouri?

Since 2009, the income gap between men and women in Platte County, Missouri has narrowed from about 30% to 27% in 2024. Over that period the gap was narrowest at 20% in 2019. In dollar terms, the gap has widened by $5,502 since 2009.

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