Trotwood, Ohio Income Statistics
Trotwood 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
Trotwood Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Trotwood | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,869 | $71,509 | $80,455 |
| Median Personal Income | $44,659 | $58,431 | $60,758 |
| Average Yearly Income Growth | 5.0% | 4.4% | 4.8% |
| Six-Figure Earners | 3.7% | 11.1% | 13.9% |
| $200k+ Households | 2.5% | 9.1% | 13.2% |
The median household income in Trotwood is about 30% lower than in Ohio. Income has been growing faster in Trotwood (5.0%/yr) than in Ohio (4.4%/yr).
About 4% of adults in Trotwood 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 Trotwood, Ohio grew by 32.8% from 2009 to 2024, reaching $49,869 in 2024. That's an average of about 5.0% per year.
Income Inequality and the Gender Pay Gap in Trotwood
| Metric | Trotwood | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.488 | 0.532 | 0.552 |
| Male Median Income | $48,753 | $67,200 | $69,667 |
| Female Median Income | $47,363 | $54,076 | $56,850 |
| Gender Pay Gap | 2.9% | 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 Trotwood, it is 0.488, 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 3% more than women's income in Trotwood, Ohio. Over a 35-year career, a 3% wage gap accumulates to roughly $48,650 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Trotwood, Ohio has narrowed from about 26% to 3% in 2024. In dollar terms, the gap has narrowed by $10,206 since 2009.
Employment
| Metric | Trotwood | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.7% | 4.8% | 5.2% |
| Working from Home | 8.8% | 13.0% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 1,075 people are unemployed in Trotwood, Ohio.
The average commute time in Trotwood is 21 minutes, about the same as in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Trotwood, Ohio has fallen from 12.5% to 9.7% in 2024. Over that period the rate peaked at 14.1% in 2013 and fell as low as 6.4% in 2020.
Conclusion
Considering all these factors, Trotwood, 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 Trotwood, Ohio.
How Rich Is Trotwood, Ohio?
Trotwood 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 $49,869, about 30% lower than the Ohio average of $71,509.
Are incomes growing in Trotwood, Ohio?
Between 2009 and 2024, the median household income in Trotwood, Ohio rose 33%, from $37,541 to $49,869. Over the same years, income here lagged behind Ohio as a whole: +33% against +51%.
What was the median household income in Trotwood in 2023?
In 2023, the median household income in Trotwood, Ohio was $48,631, up 6% from $45,861 in 2022. The Ohio median that year was $69,792.
What was the median household income in Trotwood in 2020?
In 2020, the median household income in Trotwood, Ohio was $38,072. By 2024 it had risen 31% to $49,869.
Is unemployment high in Trotwood, Ohio?
Unemployment in Trotwood, Ohio is 9.7%, well above the Ohio rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Trotwood, Ohio?
The Gini coefficient in Trotwood is 0.488. 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 Trotwood, Ohio?
Since 2009, the income gap between men and women in Trotwood, Ohio has narrowed from about 26% to 3% in 2024. In dollar terms, the gap has narrowed by $10,206 since 2009.
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