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 | Marquette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,175 | $75,766 | $78,145 |
| Median Personal Income | $53,686 | $60,217 | $61,726 |
| Average income growth | 4.1% | 4.7% | 5.1% |
| Six-Figure Earners | 5.7% | 10.6% | 13.2% |
The median household income in Marquette County is about 15% lower than in Wisconsin. Income has been growing slower in Marquette County (4.1%/yr) than in Wisconsin (4.7%/yr).
About 6% of adults in Marquette 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 Marquette County, Wisconsin grew by 48.6% from 2009 to 2023, reaching $64,175 in 2023. That's an average of about 4.1% per year.
Economic Inequality in Marquette County | Gender Pay Gap | Gini Coefficient
| Metric | Marquette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.477 | 0.516 | 0.570 |
| Male Median Income | $60,294 | $65,881 | $67,746 |
| Female Median Income | $47,022 | $53,174 | $54,793 |
| Gender Pay Gap | 22.0% | 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 Marquette County, it is 0.477, 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 Marquette County, Wisconsin. Over a 35-year career, a 28% wage gap accumulates to roughly $464,520 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Marquette County, Wisconsin has narrowed from about 23% to 22% in 2023. In dollar terms, the gap has widened by $4,337 since 2009.
Employment
| Metric | Marquette County | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.9% | 3.3% | 5.2% |
| Working from Home | 9.1% | 11.6% | 13.4% |
| Commute time (minutes) | 22 | 18 | 22 |
Approximately 208 people are unemployed in Marquette County, Wisconsin.
The average commute time in Marquette County is 22 minutes, longer than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marquette County, Wisconsin has fallen from 9.5% to 2.9% in 2023.
Conclusion
Considering all these factors, Marquette 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 Marquette County, Wisconsin.
How Rich Is Marquette County, Wisconsin?
Marquette 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 $64,175, about 15% lower than the Wisconsin average of $75,766.
What is the current median household income in Marquette County, Wisconsin?
As of 2023, the median household income in Marquette County, Wisconsin is $64,175.
What was the median household income in Marquette County in 2023?
In 2023, the median household income in Marquette County, Wisconsin was $64,175.
What was the median household income in Marquette County in 2020?
In 2020, the median household income in Marquette County, Wisconsin was $53,979.
What is the Gini coefficient in Marquette County, Wisconsin?
The Gini coefficient in Marquette County is 0.477. 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 Marquette County, Wisconsin?
Since 2009, the income gap between men and women in Marquette County, Wisconsin has narrowed from about 23% to 22% in 2023. In dollar terms, the gap has widened by $4,337 since 2009.