Youngstown, Ohio Income Statistics
Youngstown 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.
-
F
Youngstown Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Youngstown | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $34,599 | $71,509 | $80,455 |
| Median Personal Income | $41,082 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.4% | 4.8% |
| Six-Figure Earners | 2.1% | 11.1% | 13.9% |
| $200k+ Households | 1.4% | 9.1% | 13.2% |
The median household income in Youngstown is about 52% lower than in Ohio. Income has been growing faster in Youngstown (4.4%/yr) than in Ohio (4.4%/yr).
About 2% of adults in Youngstown 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 Youngstown, Ohio grew by 38.0% from 2009 to 2024, reaching $34,599 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Youngstown
| Metric | Youngstown | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.561 | 0.532 | 0.552 |
| Male Median Income | $46,685 | $67,200 | $69,667 |
| Female Median Income | $43,510 | $54,076 | $56,850 |
| Gender Pay Gap | 6.8% | 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 Youngstown, it is 0.561, higher than Ohio's 0.532, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 7% more than women's income in Youngstown, Ohio. Over a 35-year career, a 7% wage gap accumulates to roughly $111,125 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Youngstown, Ohio has narrowed from about 17% to 7% in 2024. Over that period the gap was widest at 24% in 2014. In dollar terms, the gap has narrowed by $2,524 since 2009.
Employment
| Metric | Youngstown | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 11.8% | 4.8% | 5.2% |
| Working from Home | 7.2% | 13.0% | 15.0% |
| Commute time (minutes) | 17 | 21 | 22 |
Approximately 2,832 people are unemployed in Youngstown, Ohio.
The average commute time in Youngstown is 17 minutes, shorter than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Youngstown, Ohio has fallen from 19.4% to 11.8% in 2024. Over that period the rate peaked at 19.6% in 2013.
Conclusion
Considering all these factors, Youngstown, Ohio has an overall wealth index grade of F, making it somewhat worse than Ohio, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Youngstown, Ohio.
How Rich Is Youngstown, Ohio?
Youngstown has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $34,599, about 52% lower than the Ohio average of $71,509.
Are incomes growing in Youngstown, Ohio?
Between 2009 and 2024, the median household income in Youngstown, Ohio rose 38%, from $25,070 to $34,599. Over the same years, income here lagged behind Ohio as a whole: +38% against +51%.
What was the median household income in Youngstown in 2023?
In 2023, the median household income in Youngstown, Ohio was $34,850, up 1% from $34,493 in 2022. The Ohio median that year was $69,792.
What was the median household income in Youngstown in 2020?
In 2020, the median household income in Youngstown, Ohio was $30,198. By 2024 it had risen 15% to $34,599.
Is unemployment high in Youngstown, Ohio?
Unemployment in Youngstown, Ohio is 11.8%, well above the Ohio rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Youngstown, Ohio?
The Gini coefficient in Youngstown is 0.561. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Youngstown, Ohio?
Since 2009, the income gap between men and women in Youngstown, Ohio has narrowed from about 17% to 7% in 2024. Over that period the gap was widest at 24% in 2014. In dollar terms, the gap has narrowed by $2,524 since 2009.
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