Wealth Index
Wealthiest county in Ohio
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 | Delaware County | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $130,678 | $69,785 | $78,145 |
| Median Personal Income | $91,721 | $59,599 | $61,726 |
| Average income growth | 4.9% | 4.7% | 5.1% |
| Six-Figure Earners | 25.9% | 10.5% | 13.2% |
The median household income in Delaware County is about 87% higher than in Ohio. Income has been growing faster in Delaware County (4.9%/yr) than in Ohio (4.7%/yr).
About 26% of adults in Delaware County earn six figures ($100,000 or more) a year, higher than the Ohio average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Delaware County, Ohio grew by 54.9% from 2009 to 2023, reaching $130,678 in 2023. That's an average of about 4.9% per year.
Economic Inequality in Delaware County | Gender Pay Gap | Gini Coefficient
| Metric | Delaware County | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.545 | 0.543 | 0.570 |
| Male Median Income | $106,564 | $65,552 | $67,746 |
| Female Median Income | $75,324 | $52,370 | $54,793 |
| Gender Pay Gap | 29.3% | 20.1% | 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 Delaware County, it is 0.545, about the same as Ohio's 0.543, so income here is about as evenly distributed as there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 41% more than women's income in Delaware County, Ohio. Over a 35-year career, a 41% wage gap accumulates to roughly $1,093,400 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Delaware County, Ohio has narrowed from about 32% to 29% in 2023. In dollar terms, the gap has widened by $9,375 since 2009.
Employment
| Metric | Delaware County | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.0% | 4.8% | 5.2% |
| Working from Home | 23.7% | 11.5% | 13.4% |
| Commute time (minutes) | 25 | 21 | 22 |
Approximately 3,587 people are unemployed in Delaware County, Ohio.
The average commute time in Delaware County is 25 minutes, longer than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Delaware County, Ohio has fallen from 4.4% to 3.0% in 2023.
Conclusion
Considering all these factors, Delaware County, Ohio has an overall wealth index grade of A+, making it far better than Ohio, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Delaware County, Ohio.
How Rich Is Delaware County, Ohio?
Delaware County has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $130,678, about 87% higher than the Ohio average of $69,785.
What is the current median household income in Delaware County, Ohio?
As of 2023, the median household income in Delaware County, Ohio is $130,678.
What was the median household income in Delaware County in 2023?
In 2023, the median household income in Delaware County, Ohio was $130,678.
What was the median household income in Delaware County in 2020?
In 2020, the median household income in Delaware County, Ohio was $112,268.
What is the Gini coefficient in Delaware County, Ohio?
The Gini coefficient in Delaware County is 0.545. 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 Delaware County, Ohio?
Since 2009, the income gap between men and women in Delaware County, Ohio has narrowed from about 32% to 29% in 2023. In dollar terms, the gap has widened by $9,375 since 2009.