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 | Fond du Lac County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,635 | $75,766 | $78,145 |
| Median Personal Income | $56,828 | $60,217 | $61,726 |
| Average income growth | 3.9% | 4.7% | 5.1% |
| Six-Figure Earners | 7.7% | 10.6% | 13.2% |
The median household income in Fond du Lac County is about 3% lower than in Wisconsin. Income has been growing slower in Fond du Lac County (3.9%/yr) than in Wisconsin (4.7%/yr).
About 8% of adults in Fond du Lac 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 Fond du Lac County, Wisconsin grew by 41.6% from 2009 to 2023, reaching $73,635 in 2023. That's an average of about 3.9% per year.
Economic Inequality in Fond du Lac County | Gender Pay Gap | Gini Coefficient
| Metric | Fond du Lac County | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.486 | 0.516 | 0.570 |
| Male Median Income | $62,547 | $65,881 | $67,746 |
| Female Median Income | $48,912 | $53,174 | $54,793 |
| Gender Pay Gap | 21.8% | 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 Fond du Lac County, it is 0.486, 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 28% more than women's income in Fond du Lac County, Wisconsin. Over a 35-year career, a 28% wage gap accumulates to roughly $477,225 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fond du Lac County, Wisconsin has narrowed from about 26% to 22% in 2023. In dollar terms, the gap has widened by $1,890 since 2009.
Employment
| Metric | Fond du Lac County | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 3.3% | 5.2% |
| Working from Home | 8.2% | 11.6% | 13.4% |
| Commute time (minutes) | 17 | 18 | 22 |
Approximately 1,690 people are unemployed in Fond du Lac County, Wisconsin.
The average commute time in Fond du Lac County is 17 minutes, shorter than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fond du Lac County, Wisconsin has fallen from 6.7% to 3.1% in 2023.
Conclusion
Considering all these factors, Fond du Lac County, Wisconsin has an overall wealth index grade of B, making it about on par with Wisconsin, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Fond du Lac County, Wisconsin.
How Rich Is Fond du Lac County, Wisconsin?
Fond du Lac 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 $73,635, about 3% lower than the Wisconsin average of $75,766.
What is the current median household income in Fond du Lac County, Wisconsin?
As of 2023, the median household income in Fond du Lac County, Wisconsin is $73,635.
What was the median household income in Fond du Lac County in 2023?
In 2023, the median household income in Fond du Lac County, Wisconsin was $73,635.
What was the median household income in Fond du Lac County in 2020?
In 2020, the median household income in Fond du Lac County, Wisconsin was $64,962.
What is the Gini coefficient in Fond du Lac County, Wisconsin?
The Gini coefficient in Fond du Lac County is 0.486. 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 Fond du Lac County, Wisconsin?
Since 2009, the income gap between men and women in Fond du Lac County, Wisconsin has narrowed from about 26% to 22% in 2023. In dollar terms, the gap has widened by $1,890 since 2009.