Wealth Index
Among the top 5 wealthiest 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 | Deschutes County | Oregon Avg | US Average |
|---|---|---|---|
| Median Household Income | $89,039 | $80,923 | $78,145 |
| Median Personal Income | $64,592 | $64,122 | $61,726 |
| Average income growth | 7.3% | 6.0% | 5.1% |
| Six-Figure Earners | 15.5% | 13.4% | 13.2% |
The median household income in Deschutes County is about 10% higher than in Oregon. Income has been growing faster in Deschutes County (7.3%/yr) than in Oregon (6.0%/yr).
About 15% of adults in Deschutes County earn six figures ($100,000 or more) a year, higher than the Oregon average of 13%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Deschutes County, Oregon grew by 65.1% from 2009 to 2023, reaching $89,039 in 2023. That's an average of about 7.3% per year.
Economic Inequality in Deschutes County | Gender Pay Gap | Gini Coefficient
| Metric | Deschutes County | Oregon Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.533 | 0.554 | 0.570 |
| Male Median Income | $71,576 | $69,794 | $67,746 |
| Female Median Income | $55,619 | $57,832 | $54,793 |
| Gender Pay Gap | 22.3% | 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 Deschutes County, it is 0.533, 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 29% more than women's income in Deschutes County, Oregon. Over a 35-year career, a 29% wage gap accumulates to roughly $558,495 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Deschutes County, Oregon has narrowed from about 25% to 22% in 2023. In dollar terms, the gap has widened by $5,278 since 2009.
Employment
| Metric | Deschutes County | Oregon Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 5.4% | 5.2% |
| Working from Home | 20.6% | 17.0% | 13.4% |
| Commute time (minutes) | 17 | 20 | 22 |
Approximately 4,971 people are unemployed in Deschutes County, Oregon.
The average commute time in Deschutes County is 17 minutes, shorter than the 20 minutes in Oregon.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Deschutes County, Oregon has fallen from 10.6% to 4.7% in 2023.
Conclusion
Considering all these factors, Deschutes County, Oregon has an overall wealth index grade of B, making it somewhat better than Oregon, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Deschutes County, Oregon.
How Rich Is Deschutes County, Oregon?
Deschutes County 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 $89,039, about 10% higher than the Oregon average of $80,923.
What is the current median household income in Deschutes County, Oregon?
As of 2023, the median household income in Deschutes County, Oregon is $89,039.
What was the median household income in Deschutes County in 2023?
In 2023, the median household income in Deschutes County, Oregon was $89,039.
What was the median household income in Deschutes County in 2020?
In 2020, the median household income in Deschutes County, Oregon was $68,965.
What is the Gini coefficient in Deschutes County, Oregon?
The Gini coefficient in Deschutes County is 0.533. 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 Deschutes County, Oregon?
Since 2009, the income gap between men and women in Deschutes County, Oregon has narrowed from about 25% to 22% in 2023. In dollar terms, the gap has widened by $5,278 since 2009.