Wealth Index
Among the 5 least wealthy counties in Oklahoma
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 | Adair County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $46,741 | $63,953 | $78,145 |
| Median Personal Income | $41,273 | $52,060 | $61,726 |
| Average income growth | 5.1% | 4.1% | 5.1% |
| Six-Figure Earners | 2.4% | 8.8% | 13.2% |
The median household income in Adair County is about 27% lower than in Oklahoma. Income has been growing faster in Adair County (5.1%/yr) than in Oklahoma (4.1%/yr).
About 2% of adults in Adair County earn six figures ($100,000 or more) a year, lower than the Oklahoma average of 9%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Adair County, Oklahoma grew by 56.9% from 2009 to 2023, reaching $46,741 in 2023. That's an average of about 5.1% per year.
Economic Inequality in Adair County | Gender Pay Gap | Gini Coefficient
| Metric | Adair County | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.558 | 0.560 | 0.570 |
| Male Median Income | $44,406 | $59,197 | $67,746 |
| Female Median Income | $38,432 | $45,400 | $54,793 |
| Gender Pay Gap | 13.5% | 23.3% | 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 Adair County, it is 0.558, about the same as Oklahoma's 0.560, 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 16% more than women's income in Adair County, Oklahoma. Over a 35-year career, a 16% wage gap accumulates to roughly $209,090 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Adair County, Oklahoma has narrowed from about 27% to 13% in 2023. In dollar terms, the gap has narrowed by $2,869 since 2009.
Employment
| Metric | Adair County | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.0% | 4.8% | 5.2% |
| Working from Home | 3.9% | 8.5% | 13.4% |
| Commute time (minutes) | 18 | 18 | 22 |
Approximately 553 people are unemployed in Adair County, Oklahoma.
The average commute time in Adair County is 18 minutes, about the same as in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Adair County, Oklahoma has fallen from 7.2% to 7.0% in 2023.
Conclusion
Considering all these factors, Adair County, Oklahoma has an overall wealth index grade of D, making it somewhat worse than Oklahoma, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Adair County, Oklahoma.
How Wealthy Is Adair County, Oklahoma?
Adair 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 $46,741, about 27% lower than the Oklahoma average of $63,953.
What is the current median household income in Adair County, Oklahoma?
As of 2023, the median household income in Adair County, Oklahoma is $46,741.
What was the median household income in Adair County in 2023?
In 2023, the median household income in Adair County, Oklahoma was $46,741.
What was the median household income in Adair County in 2020?
In 2020, the median household income in Adair County, Oklahoma was $34,409.
What is the Gini coefficient in Adair County, Oklahoma?
The Gini coefficient in Adair County is 0.558. 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 Adair County, Oklahoma?
Since 2009, the income gap between men and women in Adair County, Oklahoma has narrowed from about 27% to 13% in 2023. In dollar terms, the gap has narrowed by $2,869 since 2009.