Wealth Index
Wealthier than 82% of counties in Nebraska
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.
Income Statistics Overview
| Metric | Platte County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,077 | $74,987 | $78,145 |
| Median Personal Income | $51,576 | $58,336 | $61,726 |
| Average income growth | 3.3% | 4.6% | 5.1% |
| Six-Figure Earners | 8.3% | 10.8% | 13.2% |
The median household income in Platte County is about 3% lower than in Nebraska. Income has been growing slower in Platte County (3.3%/yr) than in Nebraska (4.6%/yr).
About 8% of adults in Platte County earn six figures ($100,000 or more) a year, lower than the Nebraska average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Platte County, Nebraska grew by 51.8% from 2009 to 2023, reaching $73,077 in 2023. That's an average of about 3.3% per year.
Economic Inequality in Platte County | Gender Pay Gap | Gini Coefficient
| Metric | Platte County | Nebraska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.489 | 0.520 | 0.570 |
| Male Median Income | $58,472 | $64,195 | $67,746 |
| Female Median Income | $46,348 | $51,020 | $54,793 |
| Gender Pay Gap | 20.7% | 20.5% | 19.1% |
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 Platte County, it is 0.489, lower than Nebraska's 0.520, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 26% more than women's income in Platte County, Nebraska. Over a 35-year career, a 26% wage gap accumulates to roughly $424,340 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Platte County, Nebraska has narrowed from about 27% to 21% in 2023. In dollar terms, the gap has widened by $1,016 since 2009.
Employment
| Metric | Platte County | Nebraska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 3.0% | 5.2% |
| Working from Home | 4.9% | 10.0% | 13.4% |
| Commute time (minutes) | 12 | 16 | 22 |
Approximately 475 people are unemployed in Platte County, Nebraska.
The average commute time in Platte County is 12 minutes, shorter than the 16 minutes in Nebraska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Platte County, Nebraska has fallen from 4.7% to 2.6% in 2023.
Conclusion
Considering all these factors, Platte County, Nebraska has an overall wealth index grade of B, making it somewhat better than Nebraska, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Platte County, Nebraska.
How Rich Is Platte County, Nebraska?
Platte 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 $73,077, about 3% lower than the Nebraska average of $74,987.
What is the current median household income in Platte County, Nebraska?
As of 2023, the median household income in Platte County, Nebraska is $73,077.
What was the median household income in Platte County in 2023?
In 2023, the median household income in Platte County, Nebraska was $73,077.
What was the median household income in Platte County in 2020?
In 2020, the median household income in Platte County, Nebraska was $61,118.
What is the Gini coefficient in Platte County, Nebraska?
The Gini coefficient in Platte County is 0.489. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Platte County, Nebraska?
Since 2009, the income gap between men and women in Platte County, Nebraska has narrowed from about 27% to 21% in 2023. In dollar terms, the gap has widened by $1,016 since 2009.