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.
Income Statistics Overview
| Metric | Divide County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $93,055 | $76,061 | $78,145 |
| Median Personal Income | $68,525 | $60,423 | $61,726 |
| Average income growth | 5.8% | 3.6% | 5.1% |
| Six-Figure Earners | 18.3% | 11.8% | 13.2% |
The median household income in Divide County is about 22% higher than in North Dakota. Income has been growing faster in Divide County (5.8%/yr) than in North Dakota (3.6%/yr).
About 18% of adults in Divide County earn six figures ($100,000 or more) a year, higher than the North Dakota average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Divide County, North Dakota grew by 98.4% from 2009 to 2023, reaching $93,055 in 2023. That's an average of about 5.8% per year.
Economic Inequality in Divide County | Gender Pay Gap | Gini Coefficient
| Metric | Divide County | North Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.569 | 0.515 | 0.570 |
| Male Median Income | $93,408 | $67,015 | $67,746 |
| Female Median Income | $43,523 | $52,823 | $54,793 |
| Gender Pay Gap | 53.4% | 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 Divide County, it is 0.569, higher than North Dakota's 0.515, so income is less evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 115% more than women's income in Divide County, North Dakota. Over a 35-year career, a 115% wage gap accumulates to roughly $1,745,975 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Divide County, North Dakota has widened from about 33% to 53% in 2023. In dollar terms, the gap has widened by $35,752 since 2009.
Employment
| Metric | Divide County | North Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.0% | 2.8% | 5.2% |
| Working from Home | 7.6% | 7.3% | 13.4% |
| Commute time (minutes) | 8 | 13 | 22 |
Approximately 31 people are unemployed in Divide County, North Dakota.
The average commute time in Divide County is 8 minutes, shorter than the 13 minutes in North Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Divide County, North Dakota has risen from 1.0% to 3.0% in 2023.
Conclusion
Considering all these factors, Divide County, North Dakota has an overall wealth index grade of B, making it about on par with North Dakota, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Divide County, North Dakota.
How Rich Is Divide County, North Dakota?
Divide 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 $93,055, about 22% higher than the North Dakota average of $76,061.
What is the current median household income in Divide County, North Dakota?
As of 2023, the median household income in Divide County, North Dakota is $93,055.
What was the median household income in Divide County in 2023?
In 2023, the median household income in Divide County, North Dakota was $93,055.
What was the median household income in Divide County in 2020?
In 2020, the median household income in Divide County, North Dakota was $66,323.
What is the Gini coefficient in Divide County, North Dakota?
The Gini coefficient in Divide County is 0.569. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Divide County, North Dakota?
Since 2009, the income gap between men and women in Divide County, North Dakota has widened from about 33% to 53% in 2023. In dollar terms, the gap has widened by $35,752 since 2009.