Cherry County, Nebraska Income Statistics
Cherry 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
Cherry County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Cherry County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,430 | $76,615 | $80,455 |
| Median Personal Income | $44,882 | $56,814 | $60,758 |
| Average Yearly Income Growth | 2.7% | 4.3% | 4.8% |
| Six-Figure Earners | 6.0% | 11.4% | 13.9% |
| $200k+ Households | 5.7% | 9.4% | 13.2% |
The median household income in Cherry County is about 16% lower than in Nebraska. Income has been growing slower in Cherry County (2.7%/yr) than in Nebraska (4.3%/yr).
About 6% of adults in Cherry 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 Cherry County, Nebraska grew by 63.5% from 2009 to 2024, reaching $64,430 in 2024. That's an average of about 2.7% per year.
Income Inequality and the Gender Pay Gap in Cherry County
| Metric | Cherry County | Nebraska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.480 | 0.515 | 0.552 |
| Male Median Income | $50,447 | $65,618 | $69,667 |
| Female Median Income | $55,094 | $52,854 | $56,850 |
| Gender Pay Gap | -9.2% | 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 Cherry County, it is 0.480, 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.
Women's income is about 9% more than men's income in Cherry County, Nebraska. Over a 35-year career, a 9% wage gap accumulates to roughly $162,645 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Cherry County, Nebraska has narrowed from about 22% to -9% in 2024. Over that period the gap was widest at 37% in 2013. In dollar terms, the gap has narrowed by $11,660 since 2009.
Employment
| Metric | Cherry County | Nebraska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.0% | 3.0% | 5.2% |
| Working from Home | 7.3% | 11.1% | 15.0% |
| Commute time (minutes) | 7 | 16 | 22 |
Approximately 13 people are unemployed in Cherry County, Nebraska.
The average commute time in Cherry County is 7 minutes, shorter than the 16 minutes in Nebraska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Cherry County, Nebraska has fallen from 1.6% to 1.0% in 2024. Over that period the rate peaked at 4.0% in 2014 and fell as low as 1.0% in 2019.
Cherry County, NE Wealth Compared With Nearby Counties
Cherry County, NE is the 2nd largest of the 6 counties compared here, 5,498 residents against a local median of 647. Where Cherry County, NE breaks from the counties next to it is unemployment, sitting 74% below the local median of 3.9% at 1.0%. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 2.7%/yr against a local median of 3.8%/yr, 30% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Cherry County, NE is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 17.6% on unemployment, so Cherry County, NE sits at one end of an already wide local range rather than apart from it. Cherry County, NE has the 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. |
|---|---|---|---|---|---|
| Cherry County, NE | 5,498 | $64,430 #1/6 | 2.7%/yr #5/6 | 1.0% #1/6 | 0.480 #2/6 |
| Hooker County, NE | 647 | $49,778 | 3.8%/yr | 3.9% | 0.494 |
| Todd County, SD | 9,243 | $41,983 | 4.6%/yr | 18.6% | 0.682 |
| Thomas County, NE | 564 | $63,970 | 2.1%/yr | 2.1% | 0.423 |
| Bennett County, SD | 3,345 | $55,416 | 2.9%/yr | 10.0% | 0.649 |
| Grant County, NE | 626 | $63,620 | 5.2%/yr | 1.0% | 0.536 |
Conclusion
Considering all these factors, Cherry 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 Cherry County, Nebraska.
How Rich Is Cherry County, Nebraska?
Cherry 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 $64,430, about 16% lower than the Nebraska average of $76,615.
How fast is household income rising in Cherry County, Nebraska?
Between 2009 and 2024, the median household income in Cherry County, Nebraska rose 64%, from $39,404 to $64,430. Over the same years, income here outpaced Nebraska as a whole: +64% against +60%.
What was the median household income in Cherry County in 2023?
In 2023, the median household income in Cherry County, Nebraska was $62,190, down 1% from $62,608 in 2022. The Nebraska median that year was $74,986.
What was the median household income in Cherry County in 2020?
In 2020, the median household income in Cherry County, Nebraska was $54,261. By 2024 it had risen 19% to $64,430.
Is unemployment high in Cherry County, Nebraska?
Unemployment in Cherry County, Nebraska is only 1.0%, well below the Nebraska rate of 3.0%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Cherry County, Nebraska?
The Gini coefficient in Cherry County is 0.480. 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 Cherry County, Nebraska?
Since 2009, the income gap between men and women in Cherry County, Nebraska has narrowed from about 22% to -9% in 2024. Over that period the gap was widest at 37% in 2013. In dollar terms, the gap has narrowed by $11,660 since 2009.
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