Wealth Index
Less wealthy than 86% of counties in Oregon
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 | Coos County | Oregon Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,338 | $80,923 | $78,145 |
| Median Personal Income | $54,015 | $64,122 | $61,726 |
| Average income growth | 6.5% | 6.0% | 5.1% |
| Six-Figure Earners | 8.3% | 13.4% | 13.2% |
The median household income in Coos County is about 25% lower than in Oregon. Income has been growing faster in Coos County (6.5%/yr) than in Oregon (6.0%/yr).
About 8% of adults in Coos County earn six figures ($100,000 or more) a year, lower than the Oregon average of 13%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Coos County, Oregon grew by 63.8% from 2009 to 2023, reaching $60,338 in 2023. That's an average of about 6.5% per year.
Economic Inequality in Coos County | Gender Pay Gap | Gini Coefficient
| Metric | Coos County | Oregon Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.538 | 0.554 | 0.570 |
| Male Median Income | $59,712 | $69,794 | $67,746 |
| Female Median Income | $47,057 | $57,832 | $54,793 |
| Gender Pay Gap | 21.2% | 17.1% | 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 Coos County, it is 0.538, lower than Oregon's 0.554, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 27% more than women's income in Coos County, Oregon. Over a 35-year career, a 27% wage gap accumulates to roughly $442,925 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Coos County, Oregon has narrowed from about 31% to 21% in 2023. In dollar terms, the gap has narrowed by $159 since 2009.
Employment
| Metric | Coos County | Oregon Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 5.4% | 5.2% |
| Working from Home | 7.5% | 17.0% | 13.4% |
| Commute time (minutes) | 16 | 20 | 22 |
Approximately 1,507 people are unemployed in Coos County, Oregon.
The average commute time in Coos County is 16 minutes, shorter than the 20 minutes in Oregon.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Coos County, Oregon has fallen from 11.1% to 5.5% in 2023.
Conclusion
Considering all these factors, Coos County, Oregon has an overall wealth index grade of D, making it somewhat worse than Oregon, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Coos County, Oregon.
How Rich Is Coos County, Oregon?
Coos 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 $60,338, about 25% lower than the Oregon average of $80,923.
What is the current median household income in Coos County, Oregon?
As of 2023, the median household income in Coos County, Oregon is $60,338.
What was the median household income in Coos County in 2023?
In 2023, the median household income in Coos County, Oregon was $60,338.
What was the median household income in Coos County in 2020?
In 2020, the median household income in Coos County, Oregon was $49,485.
What is the Gini coefficient in Coos County, Oregon?
The Gini coefficient in Coos County is 0.538. 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 Coos County, Oregon?
Since 2009, the income gap between men and women in Coos County, Oregon has narrowed from about 31% to 21% in 2023. In dollar terms, the gap has narrowed by $159 since 2009.