Fitchburg, Wisconsin Income Statistics
Fitchburg Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A
Fitchburg Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Fitchburg | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $98,739 | $77,698 | $80,455 |
| Median Personal Income | $70,354 | $59,261 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.4% | 4.8% |
| Six-Figure Earners | 22.7% | 11.4% | 13.9% |
| $200k+ Households | 18.7% | 9.2% | 13.2% |
The median household income in Fitchburg is about 27% higher than in Wisconsin. Income has been growing faster in Fitchburg (4.4%/yr) than in Wisconsin (4.4%/yr).
About 23% of adults in Fitchburg earn six figures ($100,000 or more) a year, higher than the Wisconsin average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Fitchburg, Wisconsin grew by 47.3% from 2009 to 2024, reaching $98,739 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Fitchburg
| Metric | Fitchburg | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.469 | 0.503 | 0.552 |
| Male Median Income | $81,316 | $67,892 | $69,667 |
| Female Median Income | $68,141 | $54,788 | $56,850 |
| Gender Pay Gap | 16.2% | 19.3% | 18.4% |
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 Fitchburg, it is 0.469, lower than Wisconsin's 0.503, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Fitchburg, Wisconsin. Over a 35-year career, a 19% wage gap accumulates to roughly $461,125 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fitchburg, Wisconsin has widened from about 13% to 16% in 2024. Over that period the gap was widest at 26% in 2019, and was narrowest at 8% in 2014. In dollar terms, the gap has widened by $6,490 since 2009.
Sharply against the trend: the pay gap in Fitchburg widened by 3.2 points while Wisconsin's narrowed by 6.3 points.
Employment
| Metric | Fitchburg | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.4% | 3.2% | 5.2% |
| Working from Home | 17.2% | 13.1% | 15.0% |
| Commute time (minutes) | 18 | 18 | 22 |
Approximately 283 people are unemployed in Fitchburg, Wisconsin.
The average commute time in Fitchburg is 18 minutes, about the same as in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fitchburg, Wisconsin has fallen from 6.0% to 1.4% in 2024. Over that period the rate peaked at 6.3% in 2012 and fell as low as 1.3% in 2022.
Fitchburg, WI Wealth Compared With Nearby Cities
How Fitchburg, WI compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Fitchburg, WI | 34,584 | $98,739 #1/2 | 4.4%/yr #1/2 | 1.4% #1/2 | 0.469 #1/2 |
| Madison, WI | 260,079 | $74,903 | 4.1%/yr | 2.8% | 0.529 |
Conclusion
Considering all these factors, Fitchburg, Wisconsin has an overall wealth index grade of A, making it somewhat better than Wisconsin, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Fitchburg, Wisconsin.
How Rich Is Fitchburg, Wisconsin?
Fitchburg has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $98,739, about 27% higher than the Wisconsin average of $77,698.
Are incomes growing in Fitchburg, Wisconsin?
Between 2009 and 2024, the median household income in Fitchburg, Wisconsin rose 47%, from $67,029 to $98,739. Over the same years, income here lagged behind Wisconsin as a whole: +47% against +50%.
What was the median household income in Fitchburg in 2023?
In 2023, the median household income in Fitchburg, Wisconsin was $97,312, up 3% from $94,640 in 2022. The Wisconsin median that year was $75,781.
What was the median household income in Fitchburg in 2020?
In 2020, the median household income in Fitchburg, Wisconsin was $85,393. By 2024 it had risen 16% to $98,739.
Do many residents of Fitchburg, Wisconsin earn over $100,000?
Yes. 23% of adults in Fitchburg, Wisconsin earn $100,000 or more a year (about 1 in 4), against 11% (about 1 in 9) in Wisconsin. 19% of households have a combined income of $200,000 or more, compared with 9% in Wisconsin.
Is it hard to find a job in Fitchburg, Wisconsin?
Unemployment in Fitchburg, Wisconsin is only 1.4%, well below the Wisconsin rate of 3.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Fitchburg, Wisconsin?
The Gini coefficient in Fitchburg is 0.469. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Fitchburg, Wisconsin?
Since 2009, the income gap between men and women in Fitchburg, Wisconsin has widened from about 13% to 16% in 2024. Over that period the gap was widest at 26% in 2019, and was narrowest at 8% in 2014. In dollar terms, the gap has widened by $6,490 since 2009.
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