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.
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Income Statistics Overview
| Metric | Lake County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $30,192 | $67,486 | $78,145 |
| Median Personal Income | $30,192 | $67,486 | $78,145 |
| Average income growth | 0.4% | 0.4% | 0.4% |
Household Income Trend
Median Household Income Over Time
Lake County
United States
Economic Inequality in Lake County | Gender Pay Gap | Gini Index
| Metric | Lake County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Index | 0.713 | 0.558 | 0.570 |
| Male Median Income | $44,101 | $60,097 | $67,746 |
| Female Median Income | $38,713 | $48,310 | $54,793 |
| Gender Pay Gap | 12.2% | 19.6% | 19.1% |
Income by Sex Over Time
Male
Female
Employment
| Metric | Lake County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 4.7% | 5.2% |
| Working from Home | 1.6% | 11.4% | 13.4% |
| Commute time (minutes) | 17 | 22 | 22 |
Unemployment Rate Over Time
Lake County
United States