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 | West Fargo | North Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $96,800 | $76,061 | $78,145 |
| Median Personal Income | $96,800 | $76,061 | $78,145 |
| Average income growth | 6.4% | 6.4% | 6.4% |
Household Income Trend
Median Household Income Over Time
West Fargo
United States
Economic Inequality in West Fargo | Gender Pay Gap | Gini Index
| Metric | West Fargo | North Dakota Avg | US Average |
|---|---|---|---|
| Gini Index | 0.470 | 0.515 | 0.570 |
| Male Median Income | $71,318 | $67,015 | $67,746 |
| Female Median Income | $56,542 | $52,823 | $54,793 |
| Gender Pay Gap | 20.7% | 21.2% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | West Fargo | North Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.2% | 2.8% | 5.2% |
| Working from Home | 9.7% | 7.3% | 13.4% |
| Commute time (minutes) | 16 | 13 | 22 |
Unemployment Rate Over Time
West Fargo
United States