Wealth Index
Wealthier than 83% 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 | Yamhill County | Oregon Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,924 | $80,923 | $78,145 |
| Median Personal Income | $62,174 | $64,122 | $61,726 |
| Average income growth | 6.6% | 6.0% | 5.1% |
| Six-Figure Earners | 11.5% | 13.4% | 13.2% |
The median household income in Yamhill County is about 6% higher than in Oregon. Income has been growing faster in Yamhill County (6.6%/yr) than in Oregon (6.0%/yr).
About 12% of adults in Yamhill 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 Yamhill County, Oregon grew by 67.1% from 2009 to 2023, reaching $85,924 in 2023. That's an average of about 6.6% per year.
Economic Inequality in Yamhill County | Gender Pay Gap | Gini Coefficient
| Metric | Yamhill County | Oregon Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.566 | 0.554 | 0.570 |
| Male Median Income | $69,117 | $69,794 | $67,746 |
| Female Median Income | $54,199 | $57,832 | $54,793 |
| Gender Pay Gap | 21.6% | 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 Yamhill County, it is 0.566, higher than Oregon's 0.554, so income is less evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 28% more than women's income in Yamhill County, Oregon. Over a 35-year career, a 28% wage gap accumulates to roughly $522,130 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Yamhill County, Oregon has narrowed from about 25% to 22% in 2023. In dollar terms, the gap has widened by $3,595 since 2009.
Employment
| Metric | Yamhill County | Oregon Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 5.4% | 5.2% |
| Working from Home | 12.4% | 17.0% | 13.4% |
| Commute time (minutes) | 21 | 20 | 22 |
Approximately 2,349 people are unemployed in Yamhill County, Oregon.
The average commute time in Yamhill County is 21 minutes, longer than the 20 minutes in Oregon.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Yamhill County, Oregon has fallen from 9.2% to 4.5% in 2023.
Conclusion
Considering all these factors, Yamhill County, Oregon has an overall wealth index grade of C, making it about on par with Oregon, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Yamhill County, Oregon.
How Rich Is Yamhill County, Oregon?
Yamhill 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 $85,924, about 6% higher than the Oregon average of $80,923.
What is the current median household income in Yamhill County, Oregon?
As of 2023, the median household income in Yamhill County, Oregon is $85,924.
What was the median household income in Yamhill County in 2023?
In 2023, the median household income in Yamhill County, Oregon was $85,924.
What was the median household income in Yamhill County in 2020?
In 2020, the median household income in Yamhill County, Oregon was $67,512.
What is the Gini coefficient in Yamhill County, Oregon?
The Gini coefficient in Yamhill County is 0.566. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Yamhill County, Oregon?
Since 2009, the income gap between men and women in Yamhill County, Oregon has narrowed from about 25% to 22% in 2023. In dollar terms, the gap has widened by $3,595 since 2009.