Wealth Index
Less wealthy than 90% of counties in North Dakota
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 | Stutsman County | North Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,143 | $76,061 | $78,145 |
| Median Personal Income | $57,282 | $60,423 | $61,726 |
| Average income growth | 1.8% | 3.6% | 5.1% |
| Six-Figure Earners | 8.6% | 11.8% | 13.2% |
The median household income in Stutsman County is about 21% lower than in North Dakota. Income has been growing slower in Stutsman County (1.8%/yr) than in North Dakota (3.6%/yr).
About 9% of adults in Stutsman County earn six figures ($100,000 or more) a year, lower than the North Dakota average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Stutsman County, North Dakota grew by 41.7% from 2009 to 2023, reaching $60,143 in 2023. That's an average of about 1.8% per year.
Economic Inequality in Stutsman County | Gender Pay Gap | Gini Coefficient
| Metric | Stutsman County | North Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.514 | 0.515 | 0.570 |
| Male Median Income | $66,333 | $67,015 | $67,746 |
| Female Median Income | $44,993 | $52,823 | $54,793 |
| Gender Pay Gap | 32.2% | 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 Stutsman County, it is 0.514, about the same as North Dakota's 0.515, so income here is about as evenly distributed as there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 47% more than women's income in Stutsman County, North Dakota. Over a 35-year career, a 47% wage gap accumulates to roughly $746,900 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Stutsman County, North Dakota has stayed about the same since 2009, at around 32%. In dollar terms, the gap has widened by $8,150 since 2009.
Employment
| Metric | Stutsman County | North Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 2.8% | 5.2% |
| Working from Home | 5.8% | 7.3% | 13.4% |
| Commute time (minutes) | 11 | 13 | 22 |
Approximately 402 people are unemployed in Stutsman County, North Dakota.
The average commute time in Stutsman County is 11 minutes, shorter than the 13 minutes in North Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Stutsman County, North Dakota has risen from 2.2% to 3.6% in 2023.
Conclusion
Considering all these factors, Stutsman County, North Dakota has an overall wealth index grade of C, making it about on par with North Dakota, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Stutsman County, North Dakota.
How Rich Is Stutsman County, North Dakota?
Stutsman County 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 $60,143, about 21% lower than the North Dakota average of $76,061.
What is the current median household income in Stutsman County, North Dakota?
As of 2023, the median household income in Stutsman County, North Dakota is $60,143.
What was the median household income in Stutsman County in 2023?
In 2023, the median household income in Stutsman County, North Dakota was $60,143.
What was the median household income in Stutsman County in 2020?
In 2020, the median household income in Stutsman County, North Dakota was $53,778.
What is the Gini coefficient in Stutsman County, North Dakota?
The Gini coefficient in Stutsman County is 0.514. 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 Stutsman County, North Dakota?
The income gap between men and women in Stutsman County, North Dakota has stayed about the same since 2009, at around 32%. In dollar terms, the gap has widened by $8,150 since 2009.