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 | Oneida County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,236 | $75,766 | $78,145 |
| Median Personal Income | $59,170 | $60,217 | $61,726 |
| Average income growth | 4.8% | 4.7% | 5.1% |
| Six-Figure Earners | 9.4% | 10.6% | 13.2% |
The median household income in Oneida County is about 9% lower than in Wisconsin. Income has been growing faster in Oneida County (4.8%/yr) than in Wisconsin (4.7%/yr).
About 9% of adults in Oneida 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 Oneida County, Wisconsin grew by 54.0% from 2009 to 2023, reaching $69,236 in 2023. That's an average of about 4.8% per year.
Economic Inequality in Oneida County | Gender Pay Gap | Gini Coefficient
| Metric | Oneida County | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.504 | 0.516 | 0.570 |
| Male Median Income | $65,547 | $65,881 | $67,746 |
| Female Median Income | $51,157 | $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 Oneida County, it is 0.504, 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 Oneida County, Wisconsin. Over a 35-year career, a 28% wage gap accumulates to roughly $503,650 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Oneida County, Wisconsin has narrowed from about 30% to 22% in 2023. In dollar terms, the gap has widened by $852 since 2009.
Employment
| Metric | Oneida County | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.2% | 3.3% | 5.2% |
| Working from Home | 8.5% | 11.6% | 13.4% |
| Commute time (minutes) | 15 | 18 | 22 |
Approximately 392 people are unemployed in Oneida County, Wisconsin.
The average commute time in Oneida County is 15 minutes, shorter than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Oneida County, Wisconsin has fallen from 6.3% to 2.2% in 2023.
Conclusion
Considering all these factors, Oneida 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 Oneida County, Wisconsin.
How Wealthy Is Oneida County, Wisconsin?
Oneida 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 $69,236, about 9% lower than the Wisconsin average of $75,766.
What is the current median household income in Oneida County, Wisconsin?
As of 2023, the median household income in Oneida County, Wisconsin is $69,236.
What was the median household income in Oneida County in 2023?
In 2023, the median household income in Oneida County, Wisconsin was $69,236.
What was the median household income in Oneida County in 2020?
In 2020, the median household income in Oneida County, Wisconsin was $58,467.
What is the Gini coefficient in Oneida County, Wisconsin?
The Gini coefficient in Oneida County is 0.504. 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 Oneida County, Wisconsin?
Since 2009, the income gap between men and women in Oneida County, Wisconsin has narrowed from about 30% to 22% in 2023. In dollar terms, the gap has widened by $852 since 2009.