Wealth Index
Less wealthy than 82% 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 | Marinette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,212 | $75,766 | $78,145 |
| Median Personal Income | $55,787 | $60,217 | $61,726 |
| Average income growth | 5.3% | 4.7% | 5.1% |
| Six-Figure Earners | 6.5% | 10.6% | 13.2% |
The median household income in Marinette County is about 17% lower than in Wisconsin. Income has been growing faster in Marinette County (5.3%/yr) than in Wisconsin (4.7%/yr).
About 6% of adults in Marinette 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 Marinette County, Wisconsin grew by 55.8% from 2009 to 2023, reaching $63,212 in 2023. That's an average of about 5.3% per year.
Economic Inequality in Marinette County | Gender Pay Gap | Gini Coefficient
| Metric | Marinette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.494 | 0.516 | 0.570 |
| Male Median Income | $60,574 | $65,881 | $67,746 |
| Female Median Income | $48,652 | $53,174 | $54,793 |
| Gender Pay Gap | 19.7% | 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 Marinette County, it is 0.494, 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 25% more than women's income in Marinette County, Wisconsin. Over a 35-year career, a 25% wage gap accumulates to roughly $417,270 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Marinette County, Wisconsin has narrowed from about 28% to 20% in 2023. In dollar terms, the gap has narrowed by $168 since 2009.
Employment
| Metric | Marinette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 3.3% | 5.2% |
| Working from Home | 6.7% | 11.6% | 13.4% |
| Commute time (minutes) | 15 | 18 | 22 |
Approximately 782 people are unemployed in Marinette County, Wisconsin.
The average commute time in Marinette County is 15 minutes, shorter than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marinette County, Wisconsin has fallen from 8.5% to 3.9% in 2023.
Conclusion
Considering all these factors, Marinette County, Wisconsin has an overall wealth index grade of C, making it about on par with Wisconsin, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Marinette County, Wisconsin.
How Rich Is Marinette County, Wisconsin?
Marinette County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $63,212, about 17% lower than the Wisconsin average of $75,766.
What is the current median household income in Marinette County, Wisconsin?
As of 2023, the median household income in Marinette County, Wisconsin is $63,212.
What was the median household income in Marinette County in 2023?
In 2023, the median household income in Marinette County, Wisconsin was $63,212.
What was the median household income in Marinette County in 2020?
In 2020, the median household income in Marinette County, Wisconsin was $52,872.
What is the Gini coefficient in Marinette County, Wisconsin?
The Gini coefficient in Marinette County is 0.494. 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 Marinette County, Wisconsin?
Since 2009, the income gap between men and women in Marinette County, Wisconsin has narrowed from about 28% to 20% in 2023. In dollar terms, the gap has narrowed by $168 since 2009.