Wealth Index
Wealthier than 70% 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 | Roger Mills County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,726 | $63,953 | $78,145 |
| Median Personal Income | $50,294 | $52,060 | $61,726 |
| Average income growth | 4.2% | 4.1% | 5.1% |
| Six-Figure Earners | 11.3% | 8.8% | 13.2% |
The median household income in Roger Mills County is about the same as in Oklahoma. Income has been growing faster in Roger Mills County (4.2%/yr) than in Oklahoma (4.1%/yr).
About 11% of adults in Roger Mills County earn six figures ($100,000 or more) a year, higher than the Oklahoma average of 9%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Roger Mills County, Oklahoma grew by 27.3% from 2009 to 2023, reaching $63,726 in 2023. That's an average of about 4.2% per year.
Economic Inequality in Roger Mills County | Gender Pay Gap | Gini Coefficient
| Metric | Roger Mills County | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.578 | 0.560 | 0.570 |
| Male Median Income | $58,333 | $59,197 | $67,746 |
| Female Median Income | $42,076 | $45,400 | $54,793 |
| Gender Pay Gap | 27.9% | 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 Roger Mills County, it is 0.578, higher than Oklahoma's 0.560, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 39% more than women's income in Roger Mills County, Oklahoma. Over a 35-year career, a 39% wage gap accumulates to roughly $568,995 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Roger Mills County, Oklahoma has narrowed from about 41% to 28% in 2023. In dollar terms, the gap has narrowed by $2,149 since 2009.
Employment
| Metric | Roger Mills County | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 4.8% | 5.2% |
| Working from Home | 6.6% | 8.5% | 13.4% |
| Commute time (minutes) | 15 | 18 | 22 |
Approximately 51 people are unemployed in Roger Mills County, Oklahoma.
The average commute time in Roger Mills County is 15 minutes, shorter than the 18 minutes in Oklahoma.
Unemployment Rate Over Time
The unemployment rate in Roger Mills County, Oklahoma has stayed about flat at 3.3% since 2011.
Conclusion
Considering all these factors, Roger Mills 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 Roger Mills County, Oklahoma.
How Rich Is Roger Mills County, Oklahoma?
Roger Mills 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 $63,726, close to the Oklahoma average of $63,953.
What is the current median household income in Roger Mills County, Oklahoma?
As of 2023, the median household income in Roger Mills County, Oklahoma is $63,726.
What was the median household income in Roger Mills County in 2023?
In 2023, the median household income in Roger Mills County, Oklahoma was $63,726.
What was the median household income in Roger Mills County in 2020?
In 2020, the median household income in Roger Mills County, Oklahoma was $54,462.
What is the Gini coefficient in Roger Mills County, Oklahoma?
The Gini coefficient in Roger Mills County is 0.578. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Roger Mills County, Oklahoma?
Since 2009, the income gap between men and women in Roger Mills County, Oklahoma has narrowed from about 41% to 28% in 2023. In dollar terms, the gap has narrowed by $2,149 since 2009.