Wealth Index
Among the 3 least wealthy counties in Wisconsin
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 | Adams County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $59,236 | $75,766 | $78,145 |
| Median Personal Income | $54,222 | $60,217 | $61,726 |
| Average income growth | 4.5% | 4.7% | 5.1% |
| Six-Figure Earners | 6.3% | 10.6% | 13.2% |
The median household income in Adams County is about 22% lower than in Wisconsin. Income has been growing slower in Adams County (4.5%/yr) than in Wisconsin (4.7%/yr).
About 6% of adults in Adams County earn six figures ($100,000 or more) a year, lower than the Wisconsin average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Adams County, Wisconsin grew by 52.5% from 2009 to 2023, reaching $59,236 in 2023. That's an average of about 4.5% per year.
Economic Inequality in Adams County | Gender Pay Gap | Gini Coefficient
| Metric | Adams County | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.510 | 0.516 | 0.570 |
| Male Median Income | $60,612 | $65,881 | $67,746 |
| Female Median Income | $45,408 | $53,174 | $54,793 |
| Gender Pay Gap | 25.1% | 19.3% | 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 Adams County, it is 0.510, lower than Wisconsin's 0.516, 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 33% more than women's income in Adams County, Wisconsin. Over a 35-year career, a 33% wage gap accumulates to roughly $532,140 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Adams County, Wisconsin has stayed about the same since 2009, at around 25%. In dollar terms, the gap has widened by $4,988 since 2009.
Employment
| Metric | Adams County | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 3.3% | 5.2% |
| Working from Home | 9.3% | 11.6% | 13.4% |
| Commute time (minutes) | 23 | 18 | 22 |
Approximately 452 people are unemployed in Adams County, Wisconsin.
The average commute time in Adams County is 23 minutes, longer than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Adams County, Wisconsin has fallen from 9.3% to 5.1% in 2023.
Conclusion
Considering all these factors, Adams County, Wisconsin has an overall wealth index grade of D, making it somewhat worse than Wisconsin, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Adams County, Wisconsin.
How Wealthy Is Adams County, Wisconsin?
Adams 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 $59,236, about 22% lower than the Wisconsin average of $75,766.
What is the current median household income in Adams County, Wisconsin?
As of 2023, the median household income in Adams County, Wisconsin is $59,236.
What was the median household income in Adams County in 2023?
In 2023, the median household income in Adams County, Wisconsin was $59,236.
What was the median household income in Adams County in 2020?
In 2020, the median household income in Adams County, Wisconsin was $48,951.
What is the Gini coefficient in Adams County, Wisconsin?
The Gini coefficient in Adams County is 0.510. 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 Adams County, Wisconsin?
The income gap between men and women in Adams County, Wisconsin has stayed about the same since 2009, at around 25%. In dollar terms, the gap has widened by $4,988 since 2009.