Sheboygan, Wisconsin Income Statistics
Sheboygan 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.
-
C
Sheboygan Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Sheboygan | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,328 | $77,698 | $80,455 |
| Median Personal Income | $51,538 | $59,261 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.4% | 4.8% |
| Six-Figure Earners | 5.7% | 11.4% | 13.9% |
| $200k+ Households | 3.8% | 9.2% | 13.2% |
The median household income in Sheboygan is about 18% lower than in Wisconsin. Income has been growing faster in Sheboygan (4.7%/yr) than in Wisconsin (4.4%/yr).
About 6% of adults in Sheboygan earn six figures ($100,000 or more) a year, lower than the Wisconsin average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Sheboygan, Wisconsin grew by 48.3% from 2009 to 2024, reaching $63,328 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Sheboygan
| Metric | Sheboygan | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.482 | 0.503 | 0.552 |
| Male Median Income | $60,126 | $67,892 | $69,667 |
| Female Median Income | $48,183 | $54,788 | $56,850 |
| Gender Pay Gap | 19.9% | 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 Sheboygan, it is 0.482, lower than Wisconsin's 0.503, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Sheboygan, Wisconsin. Over a 35-year career, a 25% wage gap accumulates to roughly $418,005 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sheboygan, Wisconsin has narrowed from about 24% to 20% in 2024. Over that period the gap was widest at 25% in 2019, and was narrowest at 20% in 2022. In dollar terms, the gap has widened by $2,050 since 2009.
Employment
| Metric | Sheboygan | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 3.2% | 5.2% |
| Working from Home | 8.3% | 13.1% | 15.0% |
| Commute time (minutes) | 13 | 18 | 22 |
Approximately 560 people are unemployed in Sheboygan, Wisconsin.
The average commute time in Sheboygan is 13 minutes, shorter than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sheboygan, Wisconsin has fallen from 7.9% to 2.7% in 2024. Over that period the rate peaked at 8.9% in 2013 and fell as low as 2.5% in 2023.
Conclusion
Considering all these factors, Sheboygan, Wisconsin has an overall wealth index grade of C, making it somewhat worse than Wisconsin, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Sheboygan, Wisconsin.
How Rich Is Sheboygan, Wisconsin?
Sheboygan 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 $63,328, about 18% lower than the Wisconsin average of $77,698.
How has median household income changed in Sheboygan, Wisconsin?
Between 2009 and 2024, the median household income in Sheboygan, Wisconsin rose 48%, from $42,712 to $63,328. Over the same years, income here lagged behind Wisconsin as a whole: +48% against +50%.
What was the median household income in Sheboygan in 2023?
In 2023, the median household income in Sheboygan, Wisconsin was $63,153, up 6% from $59,580 in 2022. The Wisconsin median that year was $75,781.
What was the median household income in Sheboygan in 2020?
In 2020, the median household income in Sheboygan, Wisconsin was $51,759. By 2024 it had risen 22% to $63,328.
What is the Gini coefficient in Sheboygan, Wisconsin?
The Gini coefficient in Sheboygan is 0.482. 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 Sheboygan, Wisconsin?
Since 2009, the income gap between men and women in Sheboygan, Wisconsin has narrowed from about 24% to 20% in 2024. Over that period the gap was widest at 25% in 2019, and was narrowest at 20% in 2022. In dollar terms, the gap has widened by $2,050 since 2009.
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