Winchester, Nevada Income Statistics
Winchester Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Winchester Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Winchester | Nevada Avg | US Average |
|---|---|---|---|
| Median Household Income | $50,917 | $78,637 | $80,455 |
| Median Personal Income | $39,718 | $54,226 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.9% | 4.8% |
| Six-Figure Earners | 5.4% | 11.7% | 13.9% |
| $200k+ Households | 6.2% | 10.9% | 13.2% |
The median household income in Winchester is about 35% lower than in Nevada. Income has been growing slower in Winchester (4.6%/yr) than in Nevada (4.9%/yr).
About 5% of adults in Winchester earn six figures ($100,000 or more) a year, lower than the Nevada average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Winchester, Nevada grew by 36.5% from 2009 to 2024, reaching $50,917 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Winchester
| Metric | Winchester | Nevada Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.544 | 0.546 | 0.552 |
| Male Median Income | $43,335 | $62,240 | $69,667 |
| Female Median Income | $39,697 | $52,310 | $56,850 |
| Gender Pay Gap | 8.4% | 16.0% | 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 Winchester, it is 0.544, about the same as Nevada's 0.546, 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 9% more than women's income in Winchester, Nevada. Over a 35-year career, a 9% wage gap accumulates to roughly $127,330 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Winchester, Nevada has widened from about 7% to 8% in 2024. Over that period the gap was widest at 13% in 2019, and was narrowest at 2% in 2011. In dollar terms, the gap has widened by $1,384 since 2009.
Sharply against the trend: the pay gap in Winchester widened by 1.0 points while Nevada's narrowed by 5.2 points.
Employment
| Metric | Winchester | Nevada Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.9% | 6.9% | 5.2% |
| Working from Home | 7.1% | 11.9% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 1,709 people are unemployed in Winchester, Nevada.
The average commute time in Winchester is 22 minutes, about the same as in Nevada.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Winchester, Nevada has fallen from 12.8% to 8.9% in 2024. Over that period the rate peaked at 16.0% in 2012 and fell as low as 7.0% in 2023.
Winchester, NV Wealth Compared With Nearby Cities
Winchester, NV is the smallest of the 5 cities compared here, 36,180 residents against a local median of 188,904. Where Winchester, NV breaks from the cities next to it is median household income, sitting 21% below the local median of $64,227 at $50,917. That is the weaker end of the local range on this measure.
The cities themselves spread $15,906 on median household income, so Winchester, NV sits at one end of an already wide local range rather than apart from it. Winchester, NV has the 5th highest median household income of the 5 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. |
|---|---|---|---|---|---|
| Winchester, NV | 36,180 | $50,917 #5/5 | 4.6%/yr #3/5 | 8.9% #4/5 | 0.544 #4/5 |
| Paradise, NV | 186,450 | $58,596 | 4.3%/yr | 9.7% | 0.551 |
| Sunrise Manor, NV | 191,359 | $58,192 | 5.1%/yr | 8.9% | 0.541 |
| Whitney, NV | 38,569 | $69,859 | 4.8%/yr | 7.4% | 0.522 |
| Spring Valley, NV | 217,800 | $74,098 | 4.5%/yr | 7.7% | 0.534 |
Conclusion
Considering all these factors, Winchester, Nevada has an overall wealth index grade of D, making it somewhat worse than Nevada, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Winchester, Nevada.
How Rich Is Winchester, Nevada?
Winchester has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $50,917, about 35% lower than the Nevada average of $78,637.
How has median household income changed in Winchester, Nevada?
Between 2009 and 2024, the median household income in Winchester, Nevada rose 37%, from $37,292 to $50,917. Over the same years, income here lagged behind Nevada as a whole: +37% against +41%.
What was the median household income in Winchester in 2023?
In 2023, the median household income in Winchester, Nevada was $49,240, up 6% from $46,309 in 2022. The Nevada median that year was $75,604.
What was the median household income in Winchester in 2020?
In 2020, the median household income in Winchester, Nevada was $39,505. By 2024 it had risen 29% to $50,917.
Is it hard to find a job in Winchester, Nevada?
Unemployment in Winchester, Nevada is 8.9%, well above the Nevada rate of 6.9%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Winchester, Nevada?
The Gini coefficient in Winchester is 0.544. 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 Winchester, Nevada?
Since 2009, the income gap between men and women in Winchester, Nevada has widened from about 7% to 8% in 2024. Over that period the gap was widest at 13% in 2019, and was narrowest at 2% in 2011. In dollar terms, the gap has widened by $1,384 since 2009.
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