Wealth Index
Wealthier than 95% of 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 | Ste. Genevieve County | Missouri Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,787 | $69,051 | $78,145 |
| Median Personal Income | $51,534 | $56,130 | $61,726 |
| Average income growth | 3.3% | 4.8% | 5.1% |
| Six-Figure Earners | 7.7% | 9.9% | 13.2% |
The median household income in Ste. Genevieve County is about 11% lower than in Missouri. Income has been growing slower in Ste. Genevieve County (3.3%/yr) than in Missouri (4.8%/yr).
About 8% of adults in Ste. Genevieve 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 Ste. Genevieve County, Missouri grew by 24.6% from 2009 to 2023, reaching $61,787 in 2023. That's an average of about 3.3% per year.
Economic Inequality in Ste. Genevieve County | Gender Pay Gap | Gini Coefficient
| Metric | Ste. Genevieve County | Missouri Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.522 | 0.543 | 0.570 |
| Male Median Income | $58,253 | $62,759 | $67,746 |
| Female Median Income | $41,364 | $49,461 | $54,793 |
| Gender Pay Gap | 29.0% | 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 Ste. Genevieve County, it is 0.522, lower than Missouri's 0.543, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 41% more than women's income in Ste. Genevieve County, Missouri. Over a 35-year career, a 41% wage gap accumulates to roughly $591,115 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ste. Genevieve County, Missouri has narrowed from about 41% to 29% in 2023. In dollar terms, the gap has narrowed by $1,226 since 2009.
Employment
| Metric | Ste. Genevieve County | Missouri Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 4.1% | 5.2% |
| Working from Home | 6.4% | 11.6% | 13.4% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 412 people are unemployed in Ste. Genevieve County, Missouri.
The average commute time in Ste. Genevieve County is 22 minutes, longer than the 21 minutes in Missouri.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ste. Genevieve County, Missouri has fallen from 6.5% to 4.6% in 2023.
Conclusion
Considering all these factors, Ste. Genevieve 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 Ste. Genevieve County, Missouri.
How Rich Is Ste. Genevieve County, Missouri?
Ste. Genevieve 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 $61,787, about 11% lower than the Missouri average of $69,051.
What is the current median household income in Ste. Genevieve County, Missouri?
As of 2023, the median household income in Ste. Genevieve County, Missouri is $61,787.
What was the median household income in Ste. Genevieve County in 2023?
In 2023, the median household income in Ste. Genevieve County, Missouri was $61,787.
What was the median household income in Ste. Genevieve County in 2020?
In 2020, the median household income in Ste. Genevieve County, Missouri was $63,127.
What is the Gini coefficient in Ste. Genevieve County, Missouri?
The Gini coefficient in Ste. Genevieve County is 0.522. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Ste. Genevieve County, Missouri?
Since 2009, the income gap between men and women in Ste. Genevieve County, Missouri has narrowed from about 41% to 29% in 2023. In dollar terms, the gap has narrowed by $1,226 since 2009.