Riverside, Ohio Income Statistics
Riverside 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.
-
C
Riverside Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Riverside | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,186 | $71,509 | $80,455 |
| Median Personal Income | $51,768 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.4% | 4.8% |
| Six-Figure Earners | 8.3% | 11.1% | 13.9% |
| $200k+ Households | 4.9% | 9.1% | 13.2% |
The median household income in Riverside is about 10% lower than in Ohio. Income has been growing slower in Riverside (4.2%/yr) than in Ohio (4.4%/yr).
About 8% of adults in Riverside 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 Riverside, Ohio grew by 48.4% from 2009 to 2024, reaching $64,186 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Riverside
| Metric | Riverside | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.514 | 0.532 | 0.552 |
| Male Median Income | $60,283 | $67,200 | $69,667 |
| Female Median Income | $50,280 | $54,076 | $56,850 |
| Gender Pay Gap | 16.6% | 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 Riverside, it is 0.514, 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 20% more than women's income in Riverside, Ohio. Over a 35-year career, a 20% wage gap accumulates to roughly $350,105 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Riverside, Ohio has narrowed from about 25% to 17% in 2024. Over that period the gap was widest at 31% in 2017, and was narrowest at 14% in 2022. In dollar terms, the gap has narrowed by $886 since 2009.
Employment
| Metric | Riverside | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 4.8% | 5.2% |
| Working from Home | 9.9% | 13.0% | 15.0% |
| Commute time (minutes) | 17 | 21 | 22 |
Approximately 600 people are unemployed in Riverside, Ohio.
The average commute time in Riverside is 17 minutes, shorter than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Riverside, Ohio has fallen from 10.3% to 5.0% in 2024. Over that period the rate peaked at 12.7% in 2013 and fell as low as 3.4% in 2022.
Riverside, OH Wealth Compared With Nearby Cities
Riverside, OH is the smallest of the 4 cities compared here, 22,650 residents against a local median of 42,546. The measure that sets Riverside, OH apart most is unemployment: 5.0%, 38% above the local median of 3.7%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $64,186 against a local median of $77,370, 17% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Riverside, OH reads weaker than its neighbours on all of them. The cities themselves spread 5.9% on unemployment, so Riverside, OH sits at one end of an already wide local range rather than apart from it. Riverside, OH has the 3rd lowest unemployment of the 4 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. |
|---|---|---|---|---|---|
| Riverside, OH | 22,650 | $64,186 #3/4 | 4.2%/yr #3/4 | 5.0% #3/4 | 0.514 #3/4 |
| Huber Heights, OH | 37,266 | $77,370 | 4.7%/yr | 3.7% | 0.490 |
| Dayton, OH | 141,732 | $45,533 | 5.7%/yr | 9.1% | 0.558 |
| Beavercreek, OH | 42,546 | $107,826 | 3.8%/yr | 3.2% | 0.505 |
Conclusion
Considering all these factors, Riverside, Ohio has an overall wealth index grade of C, making it about on par with Ohio, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Riverside, Ohio.
How Rich Is Riverside, Ohio?
Riverside has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $64,186, about 10% lower than the Ohio average of $71,509.
How has median household income changed in Riverside, Ohio?
Between 2009 and 2024, the median household income in Riverside, Ohio rose 48%, from $43,245 to $64,186. Over the same years, income here lagged behind Ohio as a whole: +48% against +51%.
What was the median household income in Riverside in 2023?
In 2023, the median household income in Riverside, Ohio was $61,871, up 5% from $58,892 in 2022. The Ohio median that year was $69,792.
What was the median household income in Riverside in 2020?
In 2020, the median household income in Riverside, Ohio was $51,816. By 2024 it had risen 24% to $64,186.
What is the Gini coefficient in Riverside, Ohio?
The Gini coefficient in Riverside is 0.514. 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 Riverside, Ohio?
Since 2009, the income gap between men and women in Riverside, Ohio has narrowed from about 25% to 17% in 2024. Over that period the gap was widest at 31% in 2017, and was narrowest at 14% in 2022. In dollar terms, the gap has narrowed by $886 since 2009.
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