Wealth Index
Wealthier than 85% of 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 | Door County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,654 | $75,766 | $78,145 |
| Median Personal Income | $58,742 | $60,217 | $61,726 |
| Average income growth | 4.0% | 4.7% | 5.1% |
| Six-Figure Earners | 10.8% | 10.6% | 13.2% |
The median household income in Door County is about 5% lower than in Wisconsin. Income has been growing slower in Door County (4.0%/yr) than in Wisconsin (4.7%/yr).
About 11% of adults in Door County earn six figures ($100,000 or more) a year, about the same as the Wisconsin average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Door County, Wisconsin grew by 54.5% from 2009 to 2023, reaching $71,654 in 2023. That's an average of about 4.0% per year.
Economic Inequality in Door County | Gender Pay Gap | Gini Coefficient
| Metric | Door County | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.484 | 0.516 | 0.570 |
| Male Median Income | $62,483 | $65,881 | $67,746 |
| Female Median Income | $53,521 | $53,174 | $54,793 |
| Gender Pay Gap | 14.3% | 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 Door County, it is 0.484, 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 17% more than women's income in Door County, Wisconsin. Over a 35-year career, a 17% wage gap accumulates to roughly $313,670 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Door County, Wisconsin has narrowed from about 29% to 14% in 2023. In dollar terms, the gap has narrowed by $3,332 since 2009.
Employment
| Metric | Door County | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.4% | 3.3% | 5.2% |
| Working from Home | 12.1% | 11.6% | 13.4% |
| Commute time (minutes) | 13 | 18 | 22 |
Approximately 509 people are unemployed in Door County, Wisconsin.
The average commute time in Door County is 13 minutes, shorter than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Door County, Wisconsin has fallen from 6.6% to 3.4% in 2023.
Conclusion
Considering all these factors, Door County, Wisconsin has an overall wealth index grade of B, making it somewhat better than Wisconsin, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Door County, Wisconsin.
How Rich Is Door County, Wisconsin?
Door County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $71,654, about 5% lower than the Wisconsin average of $75,766.
What is the current median household income in Door County, Wisconsin?
As of 2023, the median household income in Door County, Wisconsin is $71,654.
What was the median household income in Door County in 2023?
In 2023, the median household income in Door County, Wisconsin was $71,654.
What was the median household income in Door County in 2020?
In 2020, the median household income in Door County, Wisconsin was $62,277.
What is the Gini coefficient in Door County, Wisconsin?
The Gini coefficient in Door County is 0.484. 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 Door County, Wisconsin?
Since 2009, the income gap between men and women in Door County, Wisconsin has narrowed from about 29% to 14% in 2023. In dollar terms, the gap has narrowed by $3,332 since 2009.