West Bend, Wisconsin Income Statistics
West Bend 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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B
West Bend Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | West Bend | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,048 | $77,698 | $80,455 |
| Median Personal Income | $55,331 | $59,261 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.4% | 4.8% |
| Six-Figure Earners | 10.1% | 11.4% | 13.9% |
| $200k+ Households | 7.0% | 9.2% | 13.2% |
The median household income in West Bend is about 5% lower than in Wisconsin. Income has been growing slower in West Bend (3.3%/yr) than in Wisconsin (4.4%/yr).
About 10% of adults in West Bend 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 West Bend, Wisconsin grew by 39.9% from 2009 to 2024, reaching $74,048 in 2024. That's an average of about 3.3% per year.
Income Inequality and the Gender Pay Gap in West Bend
| Metric | West Bend | Wisconsin Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.480 | 0.503 | 0.552 |
| Male Median Income | $64,015 | $67,892 | $69,667 |
| Female Median Income | $51,374 | $54,788 | $56,850 |
| Gender Pay Gap | 19.7% | 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 West Bend, it is 0.480, 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 West Bend, Wisconsin. Over a 35-year career, a 25% wage gap accumulates to roughly $442,435 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in West Bend, Wisconsin has narrowed from about 33% to 20% in 2024. Over that period the gap was widest at 36% in 2011, and was narrowest at 17% in 2022. In dollar terms, the gap has narrowed by $4,287 since 2009.
Employment
| Metric | West Bend | Wisconsin Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 3.2% | 5.2% |
| Working from Home | 8.5% | 13.1% | 15.0% |
| Commute time (minutes) | 23 | 18 | 22 |
Approximately 429 people are unemployed in West Bend, Wisconsin.
The average commute time in West Bend is 23 minutes, longer than the 18 minutes in Wisconsin.
Unemployment Rate Over Time
Since 2011, the unemployment rate in West Bend, Wisconsin has fallen from 7.0% to 3.2% in 2024. Over that period the rate peaked at 7.3% in 2013 and fell as low as 2.6% in 2019.
Conclusion
Considering all these factors, West Bend, Wisconsin has an overall wealth index grade of B, making it somewhat better than Wisconsin, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in West Bend, Wisconsin.
How Rich Is West Bend, Wisconsin?
West Bend 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 $74,048, about 5% lower than the Wisconsin average of $77,698.
How has median household income changed in West Bend, Wisconsin?
Between 2009 and 2024, the median household income in West Bend, Wisconsin rose 40%, from $52,914 to $74,048. Over the same years, income here lagged behind Wisconsin as a whole: +40% against +50%.
What was the median household income in West Bend in 2023?
In 2023, the median household income in West Bend, Wisconsin was $75,591, up 3% from $73,122 in 2022. The Wisconsin median that year was $75,781.
What was the median household income in West Bend in 2020?
In 2020, the median household income in West Bend, Wisconsin was $62,436. By 2024 it had risen 19% to $74,048.
What is the Gini coefficient in West Bend, Wisconsin?
The Gini coefficient in West Bend is 0.480. 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 West Bend, Wisconsin?
Since 2009, the income gap between men and women in West Bend, Wisconsin has narrowed from about 33% to 20% in 2024. Over that period the gap was widest at 36% in 2011, and was narrowest at 17% in 2022. In dollar terms, the gap has narrowed by $4,287 since 2009.
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