Edmond, Oklahoma Income Statistics
Edmond 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.
-
B
Edmond Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Edmond | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $100,284 | $65,606 | $80,455 |
| Median Personal Income | $71,847 | $51,752 | $60,758 |
| Average Yearly Income Growth | 4.2% | 3.9% | 4.8% |
| Six-Figure Earners | 20.3% | 9.2% | 13.9% |
| $200k+ Households | 19.6% | 7.2% | 13.2% |
The median household income in Edmond is about 53% higher than in Oklahoma. Income has been growing faster in Edmond (4.2%/yr) than in Oklahoma (3.9%/yr).
About 20% of adults in Edmond earn six figures ($100,000 or more) a year, higher than the Oklahoma average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Edmond, Oklahoma grew by 55.9% from 2009 to 2024, reaching $100,284 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Edmond
| Metric | Edmond | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.543 | 0.553 | 0.552 |
| Male Median Income | $93,233 | $60,162 | $69,667 |
| Female Median Income | $60,503 | $46,815 | $56,850 |
| Gender Pay Gap | 35.1% | 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 Edmond, it is 0.543, lower than Oklahoma's 0.553, so income is more evenly distributed here than there.
Men's income is about 54% more than women's income in Edmond, Oklahoma. Over a 35-year career, a 54% wage gap accumulates to roughly $1,145,550 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Edmond, Oklahoma has narrowed from about 37% to 35% in 2024. Over that period the gap was widest at 40% in 2021, and was narrowest at 33% in 2011. In dollar terms, the gap has widened by $10,513 since 2009.
Employment
| Metric | Edmond | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.9% | 5.2% |
| Working from Home | 13.7% | 9.4% | 15.0% |
| Commute time (minutes) | 21 | 18 | 22 |
Approximately 1,600 people are unemployed in Edmond, Oklahoma.
The average commute time in Edmond is 21 minutes, longer than the 18 minutes in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Edmond, Oklahoma has fallen from 4.7% to 3.2% in 2024. Over that period the rate peaked at 4.8% in 2013.
Conclusion
Considering all these factors, Edmond, Oklahoma has an overall wealth index grade of B, making it notably better than Oklahoma, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Edmond, Oklahoma.
How Wealthy Is Edmond, Oklahoma?
Edmond has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $100,284, about 53% higher than the Oklahoma average of $65,606.
Are incomes growing in Edmond, Oklahoma?
Between 2009 and 2024, the median household income in Edmond, Oklahoma rose 56%, from $64,316 to $100,284. Over the same years, income here kept pace with Oklahoma as a whole: +56% against +57%.
What was the median household income in Edmond in 2023?
In 2023, the median household income in Edmond, Oklahoma was $100,135, up 7% from $93,890 in 2022. The Oklahoma median that year was $63,960.
What was the median household income in Edmond in 2020?
In 2020, the median household income in Edmond, Oklahoma was $84,296. By 2024 it had risen 19% to $100,284.
Do many residents of Edmond, Oklahoma earn over $100,000?
Yes. 20% of adults in Edmond, Oklahoma earn $100,000 or more a year (about 1 in 5), against 9% (about 1 in 11) in Oklahoma. 20% of households have a combined income of $200,000 or more, compared with 7% in Oklahoma.
Is unemployment high in Edmond, Oklahoma?
Unemployment in Edmond, Oklahoma is only 3.2%, 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 Edmond, Oklahoma?
The Gini coefficient in Edmond is 0.543. 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 Edmond, Oklahoma?
Since 2009, the income gap between men and women in Edmond, Oklahoma has narrowed from about 37% to 35% in 2024. Over that period the gap was widest at 40% in 2021, and was narrowest at 33% in 2011. In dollar terms, the gap has widened by $10,513 since 2009.
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