Banner County, Nebraska Income Statistics
Banner County Wealth Score
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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B
Banner County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Banner County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,989 | $76,615 | $80,455 |
| Median Personal Income | $49,511 | $56,814 | $60,758 |
| Average Yearly Income Growth | 6.2% | 4.3% | 4.8% |
| Six-Figure Earners | 8.1% | 11.4% | 13.9% |
| $200k+ Households | 8.9% | 9.4% | 13.2% |
The median household income in Banner County is about 6% higher than in Nebraska. Income has been growing faster in Banner County (6.2%/yr) than in Nebraska (4.3%/yr).
About 8% of adults in Banner County earn six figures ($100,000 or more) a year, lower than the Nebraska average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Banner County, Nebraska grew by 153.8% from 2009 to 2024, reaching $80,989 in 2024. That's an average of about 6.2% per year.
Income Inequality and the Gender Pay Gap in Banner County
| Metric | Banner County | Nebraska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.471 | 0.515 | 0.552 |
| Male Median Income | $49,721 | $65,618 | $69,667 |
| Female Median Income | $47,249 | $52,854 | $56,850 |
| Gender Pay Gap | 5.0% | 19.5% | 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 Banner County, it is 0.471, lower than Nebraska's 0.515, 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 5% more than women's income in Banner County, Nebraska. Over a 35-year career, a 5% wage gap accumulates to roughly $86,520 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Banner County, Nebraska has narrowed from about -13% to 5% in 2024. Over that period the gap was widest at 45% in 2014, and in 2020 women out-earned men by 43%. In dollar terms, the gap has widened by $5,876 since 2009.
Sharply against the trend: the pay gap in Banner County widened by 18.1 points while Nebraska's narrowed by 3.1 points.
Employment
| Metric | Banner County | Nebraska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 3.0% | 5.2% |
| Working from Home | 9.7% | 11.1% | 15.0% |
| Commute time (minutes) | 27 | 16 | 22 |
Approximately 15 people are unemployed in Banner County, Nebraska.
The average commute time in Banner County is 27 minutes, longer than the 16 minutes in Nebraska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Banner County, Nebraska has risen from 1.8% to 3.7% in 2024. Over that period the rate peaked at 7.3% in 2016 and fell as low as 1.0% in 2019.
Banner County, NE Wealth Compared With Nearby Counties
Banner County, NE is the smallest of the 6 counties compared here, 742 residents against a local median of 9,532. Where Banner County, NE breaks from the counties next to it is income growth, sitting 58% above the local median of 3.9%/yr at 6.2%/yr. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $80,989 against a local median of $59,549, 36% above it. Every measure here with a clear better direction points the same way, so Banner County, NE is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 3.3%/yr on income growth, so Banner County, NE sits at one end of an already wide local range rather than apart from it. Banner County, NE has the highest income growth of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Banner County, NE | 742 | $80,989 #1/6 | 6.2%/yr #1/6 | 3.7% #6/6 | 0.471 #1/6 |
| Scotts Bluff County, NE | 35,843 | $63,774 | 4.0%/yr | 2.7% | 0.495 |
| Kimball County, NE | 3,248 | $56,976 | 4.8%/yr | 1.0% | 0.484 |
| Morrill County, NE | 4,535 | $59,549 | 3.9%/yr | 3.6% | 0.526 |
| Cheyenne County, NE | 9,532 | $61,133 | 1.5%/yr | 3.4% | 0.505 |
| Goshen County, WY | 12,605 | $59,260 | 3.6%/yr | 3.4% | 0.539 |
Conclusion
Considering all these factors, Banner County, Nebraska has an overall wealth index grade of B, making it about on par with Nebraska, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Banner County, Nebraska.
How Rich Is Banner County, Nebraska?
Banner 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 $80,989, about 6% higher than the Nebraska average of $76,615.
How fast is household income rising in Banner County, Nebraska?
Between 2009 and 2024, the median household income in Banner County, Nebraska rose 154%, from $31,905 to $80,989. Over the same years, income here outpaced Nebraska as a whole: +154% against +60%.
What was the median household income in Banner County in 2023?
In 2023, the median household income in Banner County, Nebraska was $72,954, up 8% from $67,500 in 2022. The Nebraska median that year was $74,986.
What was the median household income in Banner County in 2020?
In 2020, the median household income in Banner County, Nebraska was $53,333. By 2024 it had risen 52% to $80,989.
What is the Gini coefficient in Banner County, Nebraska?
The Gini coefficient in Banner County is 0.471. 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 Banner County, Nebraska?
Since 2009, the income gap between men and women in Banner County, Nebraska has narrowed from about -13% to 5% in 2024. Over that period the gap was widest at 45% in 2014, and in 2020 women out-earned men by 43%. In dollar terms, the gap has widened by $5,876 since 2009.
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