Germantown, Wisconsin Income Statistics
Germantown 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
Germantown Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Germantown | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $100,443 | $77,698 | $80,455 |
| Median Personal Income | $74,364 | $59,261 | $60,758 |
| Average Yearly Income Growth | 3.1% | 4.4% | 4.8% |
| Six-Figure Earners | 17.9% | 11.4% | 13.9% |
| $200k+ Households | 15.1% | 9.2% | 13.2% |
The median household income in Germantown is about 29% higher than in Wisconsin. Income has been growing slower in Germantown (3.1%/yr) than in Wisconsin (4.4%/yr).
About 18% of adults in Germantown 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 Germantown, Wisconsin grew by 39.5% from 2009 to 2024, reaching $100,443 in 2024. That's an average of about 3.1% per year.
Income Inequality and the Gender Pay Gap in Germantown
| Metric | Germantown | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.498 | 0.503 | 0.552 |
| Male Median Income | $86,553 | $67,892 | $69,667 |
| Female Median Income | $75,381 | $54,788 | $56,850 |
| Gender Pay Gap | 12.9% | 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 Germantown, it is 0.498, about the same as Wisconsin's 0.503, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 15% more than women's income in Germantown, Wisconsin. Over a 35-year career, a 15% wage gap accumulates to roughly $391,020 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Germantown, Wisconsin has narrowed from about 22% to 13% in 2024. Over that period the gap was widest at 28% in 2017, and was narrowest at 3% in 2023. In dollar terms, the gap has narrowed by $2,276 since 2009.
Employment
| Metric | Germantown | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.2% | 3.2% | 5.2% |
| Working from Home | 18.9% | 13.1% | 15.0% |
| Commute time (minutes) | 21 | 18 | 22 |
Approximately 248 people are unemployed in Germantown, Wisconsin.
The average commute time in Germantown is 21 minutes, longer than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Germantown, Wisconsin has fallen from 5.7% to 2.2% in 2024. Over that period the rate peaked at 6.3% in 2014 and fell as low as 1.6% in 2021.
Germantown, WI Wealth Compared With Nearby Cities
How Germantown, 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. |
|---|---|---|---|---|---|
| Germantown, WI | 20,790 | $100,443 #1/2 | 3.1%/yr #2/2 | 2.2% #2/2 | 0.498 #2/2 |
| Menomonee Falls, WI | 39,966 | $98,923 | 3.8%/yr | 1.9% | 0.494 |
Conclusion
Considering all these factors, Germantown, Wisconsin has an overall wealth index grade of A, making it notably better than Wisconsin, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Germantown, Wisconsin.
How Rich Is Germantown, Wisconsin?
Germantown 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 $100,443, about 29% higher than the Wisconsin average of $77,698.
Are incomes growing in Germantown, Wisconsin?
Between 2009 and 2024, the median household income in Germantown, Wisconsin rose 39%, from $72,013 to $100,443. Over the same years, income here lagged behind Wisconsin as a whole: +39% against +50%.
What was the median household income in Germantown in 2023?
In 2023, the median household income in Germantown, Wisconsin was $105,654, up 4% from $101,659 in 2022. The Wisconsin median that year was $75,781.
What was the median household income in Germantown in 2020?
In 2020, the median household income in Germantown, Wisconsin was $88,910. By 2024 it had risen 13% to $100,443.
Is Germantown, Wisconsin a high-income area?
Yes. 18% of adults in Germantown, Wisconsin earn $100,000 or more a year (about 1 in 6), against 11% (about 1 in 9) in Wisconsin. 15% of households have a combined income of $200,000 or more, compared with 9% in Wisconsin.
How strong is the job market in Germantown, Wisconsin?
Unemployment in Germantown, Wisconsin is only 2.2%, 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 Germantown, Wisconsin?
The Gini coefficient in Germantown is 0.498. 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 Germantown, Wisconsin?
Since 2009, the income gap between men and women in Germantown, Wisconsin has narrowed from about 22% to 13% in 2024. Over that period the gap was widest at 28% in 2017, and was narrowest at 3% in 2023. In dollar terms, the gap has narrowed by $2,276 since 2009.
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