Wealth Index
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.
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Income Statistics Overview
| Metric | Avery County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $56,305 | $69,937 | $78,145 |
| Median Personal Income | $56,305 | $69,937 | $78,145 |
| Average income growth | 6.7% | 6.7% | 6.7% |
Household Income Trend
Median Household Income Over Time
Avery County
United States
Economic Inequality in Avery County | Gender Pay Gap | Gini Index
| Metric | Avery County | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Index | 0.613 | 0.561 | 0.570 |
| Male Median Income | $46,417 | $60,778 | $67,746 |
| Female Median Income | $43,809 | $50,560 | $54,793 |
| Gender Pay Gap | 5.6% | 16.8% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Avery County | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 4.7% | 5.2% |
| Working from Home | 7.0% | 14.5% | 13.4% |
| Commute time (minutes) | 21 | 21 | 22 |
Unemployment Rate Over Time
Avery County
United States