Nance County, Nebraska Income Statistics
Nance 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
Nance County Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Nance County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,554 | $76,615 | $80,455 |
| Median Personal Income | $49,306 | $56,814 | $60,758 |
| Average Yearly Income Growth | 5.8% | 4.3% | 4.8% |
| Six-Figure Earners | 7.3% | 11.4% | 13.9% |
| $200k+ Households | 5.0% | 9.4% | 13.2% |
The median household income in Nance County is about 13% lower than in Nebraska. Income has been growing faster in Nance County (5.8%/yr) than in Nebraska (4.3%/yr).
About 7% of adults in Nance 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 Nance County, Nebraska grew by 62.0% from 2009 to 2024, reaching $66,554 in 2024. That's an average of about 5.8% per year.
Income Inequality and the Gender Pay Gap in Nance County
| Metric | Nance County | Nebraska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.503 | 0.515 | 0.552 |
| Male Median Income | $58,314 | $65,618 | $69,667 |
| Female Median Income | $45,908 | $52,854 | $56,850 |
| Gender Pay Gap | 21.3% | 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 Nance County, it is 0.503, 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 27% more than women's income in Nance County, Nebraska. Over a 35-year career, a 27% wage gap accumulates to roughly $434,210 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Nance County, Nebraska has widened from about 18% to 21% in 2024. Over that period the gap was widest at 26% in 2012, and in 2021 women out-earned men by 3%. In dollar terms, the gap has widened by $6,193 since 2009.
Sharply against the trend: the pay gap in Nance County widened by 3.0 points while Nebraska's narrowed by 3.1 points.
Employment
| Metric | Nance County | Nebraska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 3.0% | 5.2% |
| Working from Home | 6.0% | 11.1% | 15.0% |
| Commute time (minutes) | 18 | 16 | 22 |
Approximately 62 people are unemployed in Nance County, Nebraska.
The average commute time in Nance County is 18 minutes, longer than the 16 minutes in Nebraska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Nance County, Nebraska has fallen from 5.6% to 3.6% in 2024. Over that period the rate peaked at 5.8% in 2012 and fell as low as 2.0% in 2017.
Nance County, NE Wealth Compared With Nearby Counties
Nance County, NE is the smallest of the 6 counties compared here, 3,324 residents against a local median of 7,724. The measure that sets Nance County, NE apart most is unemployment: 3.6%, 173% above the local median of 1.3%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 5.8%/yr against a local median of 4.2%/yr, 37% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Nance County, NE is trading one against the other rather than simply out-performing what surrounds it. The counties themselves sit within 1.3% of each other on unemployment, a tighter band than the gap between any of them and Nance County, NE, which makes it a genuine outlier here rather than one end of a wide local spread. Nance 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. |
|---|---|---|---|---|---|
| Nance County, NE | 3,324 | $66,554 #6/6 | 5.8%/yr #1/6 | 3.6% #6/6 | 0.503 #5/6 |
| Merrick County, NE | 7,724 | $69,565 | 4.2%/yr | 1.0% | 0.507 |
| Boone County, NE | 5,356 | $74,910 | 4.5%/yr | 1.2% | 0.501 |
| Polk County, NE | 5,225 | $70,785 | 2.7%/yr | 1.3% | 0.489 |
| Platte County, NE | 34,716 | $71,554 | 2.6%/yr | 2.0% | 0.492 |
| Hamilton County, NE | 9,464 | $86,646 | 4.8%/yr | 2.3% | 0.480 |
Conclusion
Considering all these factors, Nance 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 Nance County, Nebraska.
How Rich Is Nance County, Nebraska?
Nance 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 $66,554, about 13% lower than the Nebraska average of $76,615.
Are incomes growing in Nance County, Nebraska?
Between 2009 and 2024, the median household income in Nance County, Nebraska rose 62%, from $41,082 to $66,554. Over the same years, income here outpaced Nebraska as a whole: +62% against +60%.
What was the median household income in Nance County in 2023?
In 2023, the median household income in Nance County, Nebraska was $66,061, up 10% from $60,055 in 2022. The Nebraska median that year was $74,986.
What was the median household income in Nance County in 2020?
In 2020, the median household income in Nance County, Nebraska was $54,228. By 2024 it had risen 23% to $66,554.
What is the Gini coefficient in Nance County, Nebraska?
The Gini coefficient in Nance County is 0.503. 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 Nance County, Nebraska?
Since 2009, the income gap between men and women in Nance County, Nebraska has widened from about 18% to 21% in 2024. Over that period the gap was widest at 26% in 2012, and in 2021 women out-earned men by 3%. In dollar terms, the gap has widened by $6,193 since 2009.
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