Wealth Index
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 | Mifflin County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,051 | $76,231 | $78,145 |
| Median Personal Income | $50,423 | $63,240 | $61,726 |
| Average income growth | 5.7% | 4.7% | 5.1% |
| Six-Figure Earners | 4.6% | 12.4% | 13.2% |
The median household income in Mifflin County is about 19% lower than in Pennsylvania. Income has been growing faster in Mifflin County (5.7%/yr) than in Pennsylvania (4.7%/yr).
About 5% of adults in Mifflin 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 Mifflin County, Pennsylvania grew by 71.2% from 2009 to 2023, reaching $62,051 in 2023. That's an average of about 5.7% per year.
Economic Inequality in Mifflin County | Gender Pay Gap | Gini Coefficient
| Metric | Mifflin County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.492 | 0.550 | 0.570 |
| Male Median Income | $54,332 | $69,913 | $67,746 |
| Female Median Income | $44,200 | $55,807 | $54,793 |
| Gender Pay Gap | 18.6% | 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 Mifflin County, it is 0.492, lower than Pennsylvania's 0.550, 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 23% more than women's income in Mifflin County, Pennsylvania. Over a 35-year career, a 23% wage gap accumulates to roughly $354,620 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mifflin County, Pennsylvania has narrowed from about 25% to 19% in 2023. In dollar terms, the gap has widened by $1,102 since 2009.
Employment
| Metric | Mifflin County | Pennsylvania Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 5.2% | 5.2% |
| Working from Home | 5.5% | 13.8% | 13.4% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 718 people are unemployed in Mifflin County, Pennsylvania.
The average commute time in Mifflin County is 18 minutes, shorter than the 22 minutes in Pennsylvania.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mifflin County, Pennsylvania has fallen from 9.0% to 3.3% in 2023.
Conclusion
Considering all these factors, Mifflin County, Pennsylvania has an overall wealth index grade of C, making it about on par with Pennsylvania, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Mifflin County, Pennsylvania.
How Rich Is Mifflin County, Pennsylvania?
Mifflin 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 $62,051, about 19% lower than the Pennsylvania average of $76,231.
What is the current median household income in Mifflin County, Pennsylvania?
As of 2023, the median household income in Mifflin County, Pennsylvania is $62,051.
What was the median household income in Mifflin County in 2023?
In 2023, the median household income in Mifflin County, Pennsylvania was $62,051.
What was the median household income in Mifflin County in 2020?
In 2020, the median household income in Mifflin County, Pennsylvania was $53,268.
What is the Gini coefficient in Mifflin County, Pennsylvania?
The Gini coefficient in Mifflin County is 0.492. 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 Mifflin County, Pennsylvania?
Since 2009, the income gap between men and women in Mifflin County, Pennsylvania has narrowed from about 25% to 19% in 2023. In dollar terms, the gap has widened by $1,102 since 2009.