Boyd County, Nebraska Income Statistics

Boyd 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.

  • C
    Boyd County Below average

Source: Map AI Methodology

Boyd County
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Wealth grade

Income Statistics Overview

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Metric Boyd County Nebraska Avg US Average
Median Household Income $69,038 $76,615 $80,455
Median Personal Income $51,221 $56,814 $60,758
Average Yearly Income Growth 6.2% 4.3% 4.8%
Six-Figure Earners 10.3% 11.4% 13.9%
$200k+ Households 5.1% 9.4% 13.2%

The median household income in Boyd County is about 10% lower than in Nebraska. Income has been growing faster in Boyd County (6.2%/yr) than in Nebraska (4.3%/yr).

About 10% of adults in Boyd 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

Boyd County
United States

Median household income in Boyd County, Nebraska grew by 114.4% from 2009 to 2024, reaching $69,038 in 2024. That's an average of about 6.2% per year.

Year Boyd County United States

Income Inequality and the Gender Pay Gap in Boyd County

Metric Boyd County Nebraska Avg US Average
Gini Coefficient 0.495 0.515 0.552
Male Median Income $66,727 $65,618 $69,667
Female Median Income $47,678 $52,854 $56,850
Gender Pay Gap 28.5% 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 Boyd County, it is 0.495, 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 40% more than women's income in Boyd County, Nebraska. Over a 35-year career, a 40% wage gap accumulates to roughly $666,715 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Boyd County, Nebraska has narrowed from about 33% to 29% in 2024. Over that period the gap was widest at 45% in 2021, and was narrowest at 25% in 2014. In dollar terms, the gap has widened by $9,135 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Boyd County Nebraska Avg US Average
Unemployment Rate 2.3% 3.0% 5.2%
Working from Home 8.1% 11.1% 15.0%
Commute time (minutes) 10 16 22

Approximately 18 people are unemployed in Boyd County, Nebraska.

The average commute time in Boyd County is 10 minutes, shorter than the 16 minutes in Nebraska.

Unemployment Rate Over Time

Boyd County
United States

Since 2011, the unemployment rate in Boyd County, Nebraska has risen from 1.8% to 2.3% in 2024. Over that period the rate peaked at 2.5% in 2023 and fell as low as 1.0% in 2016.

Year Boyd County United States

Boyd County, NE Wealth Compared With Nearby Counties

Boyd County, NE is the 5th largest of the 6 counties compared here, 1,688 residents against a local median of 4,016. The measure that sets Boyd County, NE apart most is unemployment: 2.3%, 95% above the local median of 1.2%. That is the weaker end of the local range on this measure.

Income growth tells the same story from another angle: 6.2%/yr against a local median of 5.4%/yr, 15% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Boyd County, NE is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 4.8% on unemployment, so Boyd County, NE sits at one end of an already wide local range rather than apart from it. Boyd County, NE has the 5th lowest unemployment 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.
Boyd County, NE 1,688 $69,038 #2/6 6.2%/yr #2/6 2.3% #5/6 0.495 #2/6
Charles Mix County, SD 9,281 $65,346 5.4%/yr 5.8% 0.554
Holt County, NE 10,102 $68,309 4.1%/yr 1.0% 0.506
Gregory County, SD 4,016 $62,311 5.8%/yr 2.3% 0.508
Douglas County, SD 2,828 $86,928 6.9%/yr 1.0% 0.487
Rock County, NE 1,319 $58,845 2.9%/yr 1.2% 0.509

Conclusion

Considering all these factors, Boyd County, Nebraska has an overall wealth index grade of C, making it about on par with Nebraska, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Boyd County, Nebraska.

How Rich Is Boyd County, Nebraska?

Boyd 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 $69,038, about 10% lower than the Nebraska average of $76,615.

Are incomes growing in Boyd County, Nebraska?

Between 2009 and 2024, the median household income in Boyd County, Nebraska rose 114%, from $32,199 to $69,038. Over the same years, income here outpaced Nebraska as a whole: +114% against +60%.

What was the median household income in Boyd County in 2023?

In 2023, the median household income in Boyd County, Nebraska was $58,218, up 3% from $56,689 in 2022. The Nebraska median that year was $74,986.

What was the median household income in Boyd County in 2020?

In 2020, the median household income in Boyd County, Nebraska was $53,898. By 2024 it had risen 28% to $69,038.

What is the Gini coefficient in Boyd County, Nebraska?

The Gini coefficient in Boyd County is 0.495. 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 Boyd County, Nebraska?

Since 2009, the income gap between men and women in Boyd County, Nebraska has narrowed from about 33% to 29% in 2024. Over that period the gap was widest at 45% in 2021, and was narrowest at 25% in 2014. In dollar terms, the gap has widened by $9,135 since 2009.

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