Wealth Index
Less wealthy than 76% of 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 | Haskell County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,913 | $63,953 | $78,145 |
| Median Personal Income | $43,400 | $52,060 | $61,726 |
| Average income growth | 4.8% | 4.1% | 5.1% |
| Six-Figure Earners | 5.6% | 8.8% | 13.2% |
The median household income in Haskell County is about 22% lower than in Oklahoma. Income has been growing faster in Haskell County (4.8%/yr) than in Oklahoma (4.1%/yr).
About 6% of adults in Haskell 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 Haskell County, Oklahoma grew by 45.8% from 2009 to 2023, reaching $49,913 in 2023. That's an average of about 4.8% per year.
Economic Inequality in Haskell County | Gender Pay Gap | Gini Coefficient
| Metric | Haskell County | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.558 | 0.560 | 0.570 |
| Male Median Income | $48,758 | $59,197 | $67,746 |
| Female Median Income | $36,195 | $45,400 | $54,793 |
| Gender Pay Gap | 25.8% | 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 Haskell 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 35% more than women's income in Haskell County, Oklahoma. Over a 35-year career, a 35% wage gap accumulates to roughly $439,705 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Haskell County, Oklahoma has narrowed from about 39% to 26% in 2023. In dollar terms, the gap has narrowed by $1,809 since 2009.
Employment
| Metric | Haskell County | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.9% | 4.8% | 5.2% |
| Working from Home | 6.7% | 8.5% | 13.4% |
| Commute time (minutes) | 17 | 18 | 22 |
Approximately 297 people are unemployed in Haskell County, Oklahoma.
The average commute time in Haskell County is 17 minutes, shorter than the 18 minutes in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Haskell County, Oklahoma has fallen from 7.8% to 5.9% in 2023.
Conclusion
Considering all these factors, Haskell 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 Haskell County, Oklahoma.
How Rich Is Haskell County, Oklahoma?
Haskell 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 $49,913, about 22% lower than the Oklahoma average of $63,953.
What is the current median household income in Haskell County, Oklahoma?
As of 2023, the median household income in Haskell County, Oklahoma is $49,913.
What was the median household income in Haskell County in 2023?
In 2023, the median household income in Haskell County, Oklahoma was $49,913.
What was the median household income in Haskell County in 2020?
In 2020, the median household income in Haskell County, Oklahoma was $43,974.
What is the Gini coefficient in Haskell County, Oklahoma?
The Gini coefficient in Haskell 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 Haskell County, Oklahoma?
Since 2009, the income gap between men and women in Haskell County, Oklahoma has narrowed from about 39% to 26% in 2023. In dollar terms, the gap has narrowed by $1,809 since 2009.