Wealth Index
Among the top 5 wealthiest 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 | Saunders County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Household Income | $92,688 | $74,987 | $78,145 |
| Median Personal Income | $62,789 | $58,336 | $61,726 |
| Average income growth | 5.4% | 4.6% | 5.1% |
| Six-Figure Earners | 13.2% | 10.8% | 13.2% |
The median household income in Saunders County is about 24% higher than in Nebraska. Income has been growing faster in Saunders County (5.4%/yr) than in Nebraska (4.6%/yr).
About 13% of adults in Saunders County earn six figures ($100,000 or more) a year, higher than the Nebraska average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Saunders County, Nebraska grew by 62.4% from 2009 to 2023, reaching $92,688 in 2023. That's an average of about 5.4% per year.
Economic Inequality in Saunders County | Gender Pay Gap | Gini Coefficient
| Metric | Saunders County | Nebraska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.490 | 0.520 | 0.570 |
| Male Median Income | $71,852 | $64,195 | $67,746 |
| Female Median Income | $51,996 | $51,020 | $54,793 |
| Gender Pay Gap | 27.6% | 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 Saunders County, it is 0.490, 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 38% more than women's income in Saunders County, Nebraska. Over a 35-year career, a 38% wage gap accumulates to roughly $694,960 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Saunders County, Nebraska has widened from about 27% to 28% in 2023. In dollar terms, the gap has widened by $7,703 since 2009.
Employment
| Metric | Saunders County | Nebraska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.0% | 3.0% | 5.2% |
| Working from Home | 9.0% | 10.0% | 13.4% |
| Commute time (minutes) | 26 | 16 | 22 |
Approximately 252 people are unemployed in Saunders County, Nebraska.
The average commute time in Saunders County is 26 minutes, longer than the 16 minutes in Nebraska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Saunders County, Nebraska has fallen from 3.0% to 2.0% in 2023.
Conclusion
Considering all these factors, Saunders 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 Saunders County, Nebraska.
How Rich Is Saunders County, Nebraska?
Saunders 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 $92,688, about 24% higher than the Nebraska average of $74,987.
What is the current median household income in Saunders County, Nebraska?
As of 2023, the median household income in Saunders County, Nebraska is $92,688.
What was the median household income in Saunders County in 2023?
In 2023, the median household income in Saunders County, Nebraska was $92,688.
What was the median household income in Saunders County in 2020?
In 2020, the median household income in Saunders County, Nebraska was $71,299.
What is the Gini coefficient in Saunders County, Nebraska?
The Gini coefficient in Saunders County is 0.490. 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 Saunders County, Nebraska?
Since 2009, the income gap between men and women in Saunders County, Nebraska has widened from about 27% to 28% in 2023. In dollar terms, the gap has widened by $7,703 since 2009.