Hamilton, Ohio Income Statistics
Hamilton 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
Hamilton Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hamilton | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,663 | $71,509 | $80,455 |
| Median Personal Income | $44,753 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.0% | 4.4% | 4.8% |
| Six-Figure Earners | 4.9% | 11.1% | 13.9% |
| $200k+ Households | 4.2% | 9.1% | 13.2% |
The median household income in Hamilton is about 22% lower than in Ohio. Income has been growing slower in Hamilton (4.0%/yr) than in Ohio (4.4%/yr).
About 5% of adults in Hamilton earn six figures ($100,000 or more) a year, lower than the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Hamilton, Ohio grew by 41.4% from 2009 to 2024, reaching $55,663 in 2024. That's an average of about 4.0% per year.
Income Inequality and the Gender Pay Gap in Hamilton
| Metric | Hamilton | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.535 | 0.532 | 0.552 |
| Male Median Income | $50,544 | $67,200 | $69,667 |
| Female Median Income | $44,463 | $54,076 | $56,850 |
| Gender Pay Gap | 12.0% | 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 Hamilton, it is 0.535, about the same as Ohio's 0.532, 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 14% more than women's income in Hamilton, Ohio. Over a 35-year career, a 14% wage gap accumulates to roughly $212,835 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hamilton, Ohio has narrowed from about 16% to 12% in 2024. Over that period the gap was widest at 29% in 2019. In dollar terms, the gap has narrowed by $152 since 2009.
Employment
| Metric | Hamilton | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 4.8% | 5.2% |
| Working from Home | 6.5% | 13.0% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 1,593 people are unemployed in Hamilton, Ohio.
The average commute time in Hamilton is 21 minutes, about the same as in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hamilton, Ohio has fallen from 12.4% to 5.7% in 2024. Over that period the rate peaked at 13.5% in 2013.
Hamilton, OH Wealth Compared With Nearby Cities
How Hamilton, OH compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Hamilton, OH | 59,414 | $55,663 #2/2 | 4.0%/yr #1/2 | 5.7% #2/2 | 0.535 #2/2 |
| Fairfield, OH | 43,255 | $76,302 | 3.1%/yr | 5.5% | 0.507 |
Conclusion
Considering all these factors, Hamilton, Ohio has an overall wealth index grade of D, making it somewhat worse than Ohio, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Hamilton, Ohio.
How Rich Is Hamilton, Ohio?
Hamilton 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 $55,663, about 22% lower than the Ohio average of $71,509.
How has median household income changed in Hamilton, Ohio?
Between 2009 and 2024, the median household income in Hamilton, Ohio rose 41%, from $39,369 to $55,663. Over the same years, income here lagged behind Ohio as a whole: +41% against +51%.
What was the median household income in Hamilton in 2023?
In 2023, the median household income in Hamilton, Ohio was $55,024, up 3% from $53,591 in 2022. The Ohio median that year was $69,792.
What was the median household income in Hamilton in 2020?
In 2020, the median household income in Hamilton, Ohio was $49,067. By 2024 it had risen 13% to $55,663.
What is the Gini coefficient in Hamilton, Ohio?
The Gini coefficient in Hamilton is 0.535. 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 Hamilton, Ohio?
Since 2009, the income gap between men and women in Hamilton, Ohio has narrowed from about 16% to 12% in 2024. Over that period the gap was widest at 29% in 2019. In dollar terms, the gap has narrowed by $152 since 2009.
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