Knox County, Nebraska Income Statistics
Knox 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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C
Knox County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Knox County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,580 | $76,615 | $80,455 |
| Median Personal Income | $47,837 | $56,814 | $60,758 |
| Average Yearly Income Growth | 4.1% | 4.3% | 4.8% |
| Six-Figure Earners | 7.1% | 11.4% | 13.9% |
| $200k+ Households | 3.2% | 9.4% | 13.2% |
The median household income in Knox County is about 14% lower than in Nebraska. Income has been growing slower in Knox County (4.1%/yr) than in Nebraska (4.3%/yr).
About 7% of adults in Knox 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 Knox County, Nebraska grew by 85.7% from 2009 to 2024, reaching $65,580 in 2024. That's an average of about 4.1% per year.
Income Inequality and the Gender Pay Gap in Knox County
| Metric | Knox County | Nebraska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.511 | 0.515 | 0.552 |
| Male Median Income | $58,202 | $65,618 | $69,667 |
| Female Median Income | $43,347 | $52,854 | $56,850 |
| Gender Pay Gap | 25.5% | 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 Knox County, it is 0.511, about the same as Nebraska's 0.515, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 34% more than women's income in Knox County, Nebraska. Over a 35-year career, a 34% wage gap accumulates to roughly $519,925 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Knox County, Nebraska has widened from about 23% to 26% in 2024. Over that period the gap was widest at 28% in 2013, and was narrowest at 20% in 2011. In dollar terms, the gap has widened by $7,678 since 2009.
Sharply against the trend: the pay gap in Knox County widened by 2.9 points while Nebraska's narrowed by 3.1 points.
Employment
| Metric | Knox County | Nebraska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 3.0% | 5.2% |
| Working from Home | 9.9% | 11.1% | 15.0% |
| Commute time (minutes) | 13 | 16 | 22 |
Approximately 147 people are unemployed in Knox County, Nebraska.
The average commute time in Knox County is 13 minutes, shorter than the 16 minutes in Nebraska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Knox County, Nebraska has risen from 3.4% to 3.6% in 2024. Over that period the rate peaked at 4.3% in 2014 and fell as low as 2.9% in 2019.
Knox County, NE Wealth Compared With Nearby Counties
Knox County, NE is typical in size for this group, 8,363 residents against a local median of 7,325, so the measures below are close to a like for like comparison. Knox County, NE's unemployment, at 3.6%, runs 108% above the 1.7% typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves sit within 0.8% of each other on unemployment, a tighter band than the gap between any of them and Knox County, NE, which makes it a genuine outlier here rather than one end of a wide local spread. Knox County, NE has the 6th 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. |
|---|---|---|---|---|---|
| Knox County, NE | 8,363 | $65,580 #5/6 | 4.1%/yr #3/6 | 3.6% #6/6 | 0.511 #4/6 |
| Bon Homme County, SD | 7,043 | $64,720 | 3.9%/yr | 2.2% | 0.564 |
| Pierce County, NE | 7,325 | $72,928 | 4.1%/yr | 2.1% | 0.511 |
| Antelope County, NE | 6,305 | $66,383 | 4.6%/yr | 1.7% | 0.492 |
| Yankton County, SD | 23,415 | $73,291 | 5.3%/yr | 1.4% | 0.497 |
| Cedar County, NE | 8,315 | $73,848 | 3.9%/yr | 1.7% | 0.485 |
Conclusion
Considering all these factors, Knox 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 Knox County, Nebraska.
How Rich Is Knox County, Nebraska?
Knox 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 $65,580, about 14% lower than the Nebraska average of $76,615.
How has median household income changed in Knox County, Nebraska?
Between 2009 and 2024, the median household income in Knox County, Nebraska rose 86%, from $35,320 to $65,580. Over the same years, income here outpaced Nebraska as a whole: +86% against +60%.
What was the median household income in Knox County in 2023?
In 2023, the median household income in Knox County, Nebraska was $65,891, up 7% from $61,427 in 2022. The Nebraska median that year was $74,986.
What was the median household income in Knox County in 2020?
In 2020, the median household income in Knox County, Nebraska was $54,679. By 2024 it had risen 20% to $65,580.
What is the Gini coefficient in Knox County, Nebraska?
The Gini coefficient in Knox County is 0.511. 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 Knox County, Nebraska?
Since 2009, the income gap between men and women in Knox County, Nebraska has widened from about 23% to 26% in 2024. Over that period the gap was widest at 28% in 2013, and was narrowest at 20% in 2011. In dollar terms, the gap has widened by $7,678 since 2009.
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