Beaver County, Oklahoma Income Statistics
Beaver County Wealth Score
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.
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C
Beaver County Below averageWealthier than 70% of counties in Oklahoma
Source: Map AI Methodology
Income Statistics Overview
| Metric | Beaver County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,284 | $65,606 | $80,455 |
| Median Personal Income | $48,280 | $51,752 | $60,758 |
| Average Yearly Income Growth | 1.8% | 3.9% | 4.8% |
| Six-Figure Earners | 7.2% | 9.2% | 13.9% |
| $200k+ Households | 4.8% | 7.2% | 13.2% |
The median household income in Beaver County is about 5% lower than in Oklahoma. Income has been growing slower in Beaver County (1.8%/yr) than in Oklahoma (3.9%/yr).
About 7% of adults in Beaver County earn six figures ($100,000 or more) a year, lower than the Oklahoma average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Beaver County, Oklahoma grew by 31.2% from 2009 to 2024, reaching $62,284 in 2024. That's an average of about 1.8% per year.
Income Inequality and the Gender Pay Gap in Beaver County
| Metric | Beaver County | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.544 | 0.553 | 0.552 |
| Male Median Income | $59,114 | $60,162 | $69,667 |
| Female Median Income | $46,777 | $46,815 | $56,850 |
| Gender Pay Gap | 20.9% | 22.2% | 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 Beaver County, it is 0.544, lower than Oklahoma's 0.553, so income is more evenly distributed here than there.
Men's income is about 26% more than women's income in Beaver County, Oklahoma. Over a 35-year career, a 26% wage gap accumulates to roughly $431,795 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Beaver County, Oklahoma has narrowed from about 22% to 21% in 2024. Over that period the gap was widest at 32% in 2014. In dollar terms, the gap has widened by $4,395 since 2009.
Employment
| Metric | Beaver County | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 4.9% | 5.2% |
| Working from Home | 6.9% | 9.4% | 15.0% |
| Commute time (minutes) | 13 | 18 | 22 |
Approximately 60 people are unemployed in Beaver County, Oklahoma.
The average commute time in Beaver County is 13 minutes, shorter than the 18 minutes in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Beaver County, Oklahoma has fallen from 4.7% to 2.6% in 2024. Over that period the rate fell as low as 1.9% in 2022.
Beaver County, OK Wealth Compared With Nearby Counties
Beaver County, OK is the 3rd largest of the 6 counties compared here, 5,028 residents against a local median of 3,903. The measure that sets Beaver County, OK apart most is income growth: 1.8%/yr, 56% below the local median of 4.0%/yr. That is the weaker end of the local range on this measure.
The counties themselves spread 2.2%/yr on income growth, so Beaver County, OK sits at one end of an already wide local range rather than apart from it. Beaver County, OK has the 6th highest income growth of the 6 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. |
|---|---|---|---|---|---|
| Beaver County, OK | 5,028 | $62,284 #6/6 | 1.8%/yr #6/6 | 2.6% #4/6 | 0.544 #4/6 |
| Meade County, KS | 3,903 | $72,458 | 4.0%/yr | 1.5% | 0.521 |
| Lipscomb County, TX | 2,918 | $72,634 | 2.4%/yr | 6.5% | 0.569 |
| Ochiltree County, TX | 9,786 | $71,458 | 4.6%/yr | 1.0% | 0.544 |
| Seward County, KS | 21,486 | $63,877 | 3.7%/yr | 4.9% | 0.512 |
| Harper County, OK | 3,202 | $64,067 | 4.1%/yr | 2.6% | 0.497 |
Conclusion
Considering all these factors, Beaver County, Oklahoma has an overall wealth index grade of C, making it about on par with Oklahoma, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Beaver County, Oklahoma.
How Rich Is Beaver County, Oklahoma?
Beaver County 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 $62,284, about 5% lower than the Oklahoma average of $65,606.
How has median household income changed in Beaver County, Oklahoma?
Between 2009 and 2024, the median household income in Beaver County, Oklahoma rose 31%, from $47,465 to $62,284. Over the same years, income here lagged behind Oklahoma as a whole: +31% against +57%.
What was the median household income in Beaver County in 2023?
In 2023, the median household income in Beaver County, Oklahoma was $64,188, up 1% from $63,635 in 2022. The Oklahoma median that year was $63,960.
What was the median household income in Beaver County in 2020?
In 2020, the median household income in Beaver County, Oklahoma was $54,354. By 2024 it had risen 15% to $62,284.
Is unemployment high in Beaver County, Oklahoma?
Unemployment in Beaver County, Oklahoma is only 2.6%, well below the Oklahoma rate of 4.9%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Beaver County, Oklahoma?
The Gini coefficient in Beaver County is 0.544. 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 Beaver County, Oklahoma?
Since 2009, the income gap between men and women in Beaver County, Oklahoma has narrowed from about 22% to 21% in 2024. Over that period the gap was widest at 32% in 2014. In dollar terms, the gap has widened by $4,395 since 2009.
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