Mint Hill, North Carolina Income Statistics
Mint Hill 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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B
Mint Hill Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Mint Hill | North Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $97,851 | $72,438 | $80,455 |
| Median Personal Income | $64,363 | $54,489 | $60,758 |
| Average Yearly Income Growth | 4.6% | 5.2% | 4.8% |
| Six-Figure Earners | 16.1% | 11.9% | 13.9% |
| $200k+ Households | 16.4% | 10.4% | 13.2% |
The median household income in Mint Hill is about 35% higher than in North Carolina. Income has been growing slower in Mint Hill (4.6%/yr) than in North Carolina (5.2%/yr).
About 16% of adults in Mint Hill 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 Mint Hill, North Carolina grew by 47.8% from 2009 to 2024, reaching $97,851 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Mint Hill
| Metric | Mint Hill | North Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.518 | 0.547 | 0.552 |
| Male Median Income | $77,606 | $63,136 | $69,667 |
| Female Median Income | $61,466 | $52,579 | $56,850 |
| Gender Pay Gap | 20.8% | 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 Mint Hill, it is 0.518, 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 26% more than women's income in Mint Hill, North Carolina. Over a 35-year career, a 26% wage gap accumulates to roughly $564,900 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Mint Hill, North Carolina has stayed about the same since 2009, at around 21%. Over that period the gap was widest at 29% in 2020, and was narrowest at 14% in 2016. In dollar terms, the gap has widened by $5,238 since 2009.
Employment
| Metric | Mint Hill | North Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 4.6% | 5.2% |
| Working from Home | 20.5% | 16.3% | 15.0% |
| Commute time (minutes) | 30 | 21 | 22 |
Approximately 638 people are unemployed in Mint Hill, North Carolina.
The average commute time in Mint Hill is 30 minutes, longer than the 21 minutes in North Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mint Hill, North Carolina has fallen from 7.6% to 4.7% in 2024. Over that period the rate peaked at 8.0% in 2012 and fell as low as 3.3% in 2019.
Mint Hill, NC Wealth Compared With Nearby Cities
How Mint Hill, 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. |
|---|---|---|---|---|---|
| Mint Hill, NC | 25,060 | $97,851 #3/3 | 4.6%/yr #2/3 | 4.7% #2/3 | 0.518 #2/3 |
| Matthews, NC | 32,912 | $108,216 | 6.1%/yr | 2.4% | 0.505 |
| Indian Trail, NC | 33,281 | $100,729 | 4.3%/yr | 4.8% | 0.536 |
Conclusion
Considering all these factors, Mint Hill, North Carolina has an overall wealth index grade of B, making it somewhat better than North Carolina, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Mint Hill, North Carolina.
How Rich Is Mint Hill, North Carolina?
Mint Hill 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 $97,851, about 35% higher than the North Carolina average of $72,438.
How has median household income changed in Mint Hill, North Carolina?
Between 2009 and 2024, the median household income in Mint Hill, North Carolina rose 48%, from $66,192 to $97,851. Over the same years, income here lagged behind North Carolina as a whole: +48% against +61%.
What was the median household income in Mint Hill in 2023?
In 2023, the median household income in Mint Hill, North Carolina was $96,385, up 8% from $89,577 in 2022. The North Carolina median that year was $69,937.
What was the median household income in Mint Hill in 2020?
In 2020, the median household income in Mint Hill, North Carolina was $80,865. By 2024 it had risen 21% to $97,851.
Do many residents of Mint Hill, North Carolina earn over $100,000?
Yes. 16% of adults in Mint Hill, North Carolina earn $100,000 or more a year (about 1 in 6), against 12% (about 1 in 8) in North Carolina. 16% of households have a combined income of $200,000 or more, compared with 10% in North Carolina.
What is the Gini coefficient in Mint Hill, North Carolina?
The Gini coefficient in Mint Hill is 0.518. 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 Mint Hill, North Carolina?
The income gap between men and women in Mint Hill, North Carolina has stayed about the same since 2009, at around 21%. Over that period the gap was widest at 29% in 2020, and was narrowest at 14% in 2016. In dollar terms, the gap has widened by $5,238 since 2009.
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