Wealth Index
Less wealthy than 92% of counties 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 | Highland County | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,090 | $69,785 | $78,145 |
| Median Personal Income | $50,665 | $59,599 | $61,726 |
| Average income growth | 6.3% | 4.7% | 5.1% |
| Six-Figure Earners | 3.7% | 10.5% | 13.2% |
The median household income in Highland County is about 11% lower than in Ohio. Income has been growing faster in Highland County (6.3%/yr) than in Ohio (4.7%/yr).
About 4% of adults in Highland County earn six figures ($100,000 or more) a year, lower than the Ohio average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Highland County, Ohio grew by 54.7% from 2009 to 2023, reaching $62,090 in 2023. That's an average of about 6.3% per year.
Economic Inequality in Highland County | Gender Pay Gap | Gini Coefficient
| Metric | Highland County | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.541 | 0.543 | 0.570 |
| Male Median Income | $54,908 | $65,552 | $67,746 |
| Female Median Income | $44,409 | $52,370 | $54,793 |
| Gender Pay Gap | 19.1% | 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 Highland County, it is 0.541, 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 24% more than women's income in Highland County, Ohio. Over a 35-year career, a 24% wage gap accumulates to roughly $367,465 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Highland County, Ohio has narrowed from about 24% to 19% in 2023. In dollar terms, the gap has widened by $983 since 2009.
Employment
| Metric | Highland County | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 4.8% | 5.2% |
| Working from Home | 6.3% | 11.5% | 13.4% |
| Commute time (minutes) | 23 | 21 | 22 |
Approximately 809 people are unemployed in Highland County, Ohio.
The average commute time in Highland County is 23 minutes, longer than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Highland County, Ohio has fallen from 13.1% to 4.0% in 2023.
Conclusion
Considering all these factors, Highland County, 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 Highland County, Ohio.
How Rich Is Highland County, Ohio?
Highland County 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 $62,090, about 11% lower than the Ohio average of $69,785.
What is the current median household income in Highland County, Ohio?
As of 2023, the median household income in Highland County, Ohio is $62,090.
What was the median household income in Highland County in 2023?
In 2023, the median household income in Highland County, Ohio was $62,090.
What was the median household income in Highland County in 2020?
In 2020, the median household income in Highland County, Ohio was $48,656.
What is the Gini coefficient in Highland County, Ohio?
The Gini coefficient in Highland County is 0.541. 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 Highland County, Ohio?
Since 2009, the income gap between men and women in Highland County, Ohio has narrowed from about 24% to 19% in 2023. In dollar terms, the gap has widened by $983 since 2009.