Wealth Index
Less wealthy than 88% of counties in Pennsylvania
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 | Indiana County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,857 | $76,231 | $78,145 |
| Median Personal Income | $52,457 | $63,240 | $61,726 |
| Average income growth | 3.9% | 4.7% | 5.1% |
| Six-Figure Earners | 5.9% | 12.4% | 13.2% |
The median household income in Indiana County is about 23% lower than in Pennsylvania. Income has been growing slower in Indiana County (3.9%/yr) than in Pennsylvania (4.7%/yr).
About 6% of adults in Indiana County earn six figures ($100,000 or more) a year, lower than the Pennsylvania average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Indiana County, Pennsylvania grew by 52.2% from 2009 to 2023, reaching $58,857 in 2023. That's an average of about 3.9% per year.
Economic Inequality in Indiana County | Gender Pay Gap | Gini Coefficient
| Metric | Indiana County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.565 | 0.550 | 0.570 |
| Male Median Income | $61,360 | $69,913 | $67,746 |
| Female Median Income | $42,430 | $55,807 | $54,793 |
| Gender Pay Gap | 30.8% | 20.2% | 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 Indiana County, it is 0.565, higher than Pennsylvania's 0.550, so income is less 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 45% more than women's income in Indiana County, Pennsylvania. Over a 35-year career, a 45% wage gap accumulates to roughly $662,550 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Indiana County, Pennsylvania has narrowed from about 32% to 31% in 2023. In dollar terms, the gap has widened by $6,046 since 2009.
Employment
| Metric | Indiana County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.6% | 5.2% | 5.2% |
| Working from Home | 7.4% | 13.8% | 13.4% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 2,603 people are unemployed in Indiana County, Pennsylvania.
The average commute time in Indiana County is 18 minutes, shorter than the 22 minutes in Pennsylvania.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Indiana County, Pennsylvania has fallen from 8.6% to 6.6% in 2023.
Conclusion
Considering all these factors, Indiana County, Pennsylvania has an overall wealth index grade of D, making it somewhat worse than Pennsylvania, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Indiana County, Pennsylvania.
How Wealthy Is Indiana County, Pennsylvania?
Indiana 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 $58,857, about 23% lower than the Pennsylvania average of $76,231.
What is the current median household income in Indiana County, Pennsylvania?
As of 2023, the median household income in Indiana County, Pennsylvania is $58,857.
What was the median household income in Indiana County in 2023?
In 2023, the median household income in Indiana County, Pennsylvania was $58,857.
What was the median household income in Indiana County in 2020?
In 2020, the median household income in Indiana County, Pennsylvania was $49,115.
What is the Gini coefficient in Indiana County, Pennsylvania?
The Gini coefficient in Indiana County is 0.565. 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 Indiana County, Pennsylvania?
Since 2009, the income gap between men and women in Indiana County, Pennsylvania has narrowed from about 32% to 31% in 2023. In dollar terms, the gap has widened by $6,046 since 2009.