Garner, North Carolina Income Statistics
Garner 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.
-
C
Garner Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Garner | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $77,830 | $72,438 | $80,455 |
| Median Personal Income | $60,150 | $54,489 | $60,758 |
| Average Yearly Income Growth | 4.4% | 5.2% | 4.8% |
| Six-Figure Earners | 14.1% | 11.9% | 13.9% |
| $200k+ Households | 11.9% | 10.4% | 13.2% |
The median household income in Garner is about 7% higher than in North Carolina. Income has been growing slower in Garner (4.4%/yr) than in North Carolina (5.2%/yr).
About 14% of adults in Garner earn six figures ($100,000 or more) a year, higher than the North Carolina average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Garner, North Carolina grew by 52.8% from 2009 to 2024, reaching $77,830 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Garner
| Metric | Garner | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.547 | 0.552 |
| Male Median Income | $69,977 | $63,136 | $69,667 |
| Female Median Income | $62,062 | $52,579 | $56,850 |
| Gender Pay Gap | 11.3% | 16.7% | 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 Garner, it is 0.532, lower than North Carolina's 0.547, 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 13% more than women's income in Garner, North Carolina. Over a 35-year career, a 13% wage gap accumulates to roughly $277,025 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Garner, North Carolina has narrowed from about 20% to 11% in 2024. Over that period the gap was narrowest at 2% in 2018. In dollar terms, the gap has narrowed by $945 since 2009.
Employment
| Metric | Garner | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.8% | 4.6% | 5.2% |
| Working from Home | 22.9% | 16.3% | 15.0% |
| Commute time (minutes) | 25 | 21 | 22 |
Approximately 876 people are unemployed in Garner, North Carolina.
The average commute time in Garner is 25 minutes, longer than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Garner, North Carolina has fallen from 8.8% to 6.8% in 2024. Over that period the rate peaked at 10.5% in 2013 and fell as low as 5.1% in 2020.
Garner, NC Wealth Compared With Nearby Cities
How Garner, NC compares with the 2 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. |
|---|---|---|---|---|---|
| Garner, NC | 24,278 | $77,830 #3/3 | 4.4%/yr #3/3 | 6.8% #3/3 | 0.532 #2/3 |
| Raleigh, NC | 423,734 | $86,293 | 5.1%/yr | 4.6% | 0.539 |
| Fuquay-Varina, NC | 24,602 | $108,365 | 5.9%/yr | 3.4% | 0.519 |
Conclusion
Considering all these factors, Garner, North Carolina has an overall wealth index grade of C, making it somewhat better than North Carolina, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Garner, North Carolina.
How Rich Is Garner, North Carolina?
Garner has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $77,830, about 7% higher than the North Carolina average of $72,438.
How fast is household income rising in Garner, North Carolina?
Between 2009 and 2024, the median household income in Garner, North Carolina rose 53%, from $50,946 to $77,830. Over the same years, income here lagged behind North Carolina as a whole: +53% against +61%.
What was the median household income in Garner in 2023?
In 2023, the median household income in Garner, North Carolina was $77,673, up 6% from $73,502 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Garner in 2020?
In 2020, the median household income in Garner, North Carolina was $64,532. By 2024 it had risen 21% to $77,830.
How strong is the job market in Garner, North Carolina?
Unemployment in Garner, North Carolina is 6.8%, well above the North Carolina rate of 4.6%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Garner, North Carolina?
The Gini coefficient in Garner is 0.532. 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 Garner, North Carolina?
Since 2009, the income gap between men and women in Garner, North Carolina has narrowed from about 20% to 11% in 2024. Over that period the gap was narrowest at 2% in 2018. In dollar terms, the gap has narrowed by $945 since 2009.
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