Grove City, Ohio Income Statistics
Grove City 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.
-
B
Grove City Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Grove City | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,181 | $71,509 | $80,455 |
| Median Personal Income | $59,837 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.4% | 4.8% |
| Six-Figure Earners | 13.2% | 11.1% | 13.9% |
| $200k+ Households | 10.8% | 9.1% | 13.2% |
The median household income in Grove City is about 19% higher than in Ohio. Income has been growing faster in Grove City (4.5%/yr) than in Ohio (4.4%/yr).
About 13% of adults in Grove City earn six figures ($100,000 or more) a year, higher than the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Grove City, Ohio grew by 48.3% from 2009 to 2024, reaching $85,181 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Grove City
| Metric | Grove City | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.480 | 0.532 | 0.552 |
| Male Median Income | $68,306 | $67,200 | $69,667 |
| Female Median Income | $60,170 | $54,076 | $56,850 |
| Gender Pay Gap | 11.9% | 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 Grove City, it is 0.480, lower than Ohio's 0.532, 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 14% more than women's income in Grove City, Ohio. Over a 35-year career, a 14% wage gap accumulates to roughly $284,760 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Grove City, Ohio has narrowed from about 25% to 12% in 2024. In dollar terms, the gap has narrowed by $4,978 since 2009.
Employment
| Metric | Grove City | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.4% | 4.8% | 5.2% |
| Working from Home | 15.0% | 13.0% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 608 people are unemployed in Grove City, Ohio.
The average commute time in Grove City is 21 minutes, about the same as in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Grove City, Ohio has fallen from 7.4% to 3.4% in 2024. Over that period the rate fell as low as 3.0% in 2021.
Conclusion
Considering all these factors, Grove City, Ohio has an overall wealth index grade of B, making it somewhat better than Ohio, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Grove City, Ohio.
How Rich Is Grove City, Ohio?
Grove City 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 $85,181, about 19% higher than the Ohio average of $71,509.
Are incomes growing in Grove City, Ohio?
Between 2009 and 2024, the median household income in Grove City, Ohio rose 48%, from $57,434 to $85,181. Over the same years, income here lagged behind Ohio as a whole: +48% against +51%.
What was the median household income in Grove City in 2023?
In 2023, the median household income in Grove City, Ohio was $83,841, up 7% from $78,686 in 2022. The Ohio median that year was $69,792.
What was the median household income in Grove City in 2020?
In 2020, the median household income in Grove City, Ohio was $69,972. By 2024 it had risen 22% to $85,181.
Is it hard to find a job in Grove City, Ohio?
Unemployment in Grove City, Ohio is only 3.4%, well below the Ohio rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Grove City, Ohio?
The Gini coefficient in Grove City is 0.480. 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 Grove City, Ohio?
Since 2009, the income gap between men and women in Grove City, Ohio has narrowed from about 25% to 12% in 2024. In dollar terms, the gap has narrowed by $4,978 since 2009.
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