Wealth Index
Among the top 3 wealthiest counties in Wyoming
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 | Campbell County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Household Income | $95,275 | $74,833 | $78,145 |
| Median Personal Income | $68,210 | $59,992 | $61,726 |
| Average income growth | 2.5% | 3.4% | 5.1% |
| Six-Figure Earners | 15.5% | 11.4% | 13.2% |
The median household income in Campbell County is about 27% higher than in Wyoming. Income has been growing slower in Campbell County (2.5%/yr) than in Wyoming (3.4%/yr).
About 15% of adults in Campbell County earn six figures ($100,000 or more) a year, higher than the Wyoming average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Campbell County, Wyoming grew by 27.4% from 2009 to 2023, reaching $95,275 in 2023. That's an average of about 2.5% per year.
Economic Inequality in Campbell County | Gender Pay Gap | Gini Coefficient
| Metric | Campbell County | Wyoming Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.536 | 0.531 | 0.570 |
| Male Median Income | $84,057 | $68,774 | $67,746 |
| Female Median Income | $50,728 | $48,475 | $54,793 |
| Gender Pay Gap | 39.7% | 29.5% | 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 Campbell County, it is 0.536, about the same as Wyoming's 0.531, so income here is about as evenly distributed as there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 66% more than women's income in Campbell County, Wyoming. Over a 35-year career, a 66% wage gap accumulates to roughly $1,166,515 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Campbell County, Wyoming has narrowed from about 49% to 40% in 2023. In dollar terms, the gap has widened by $4,399 since 2009.
Employment
| Metric | Campbell County | Wyoming Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.4% | 3.7% | 5.2% |
| Working from Home | 5.4% | 8.5% | 13.4% |
| Commute time (minutes) | 15 | 13 | 22 |
Approximately 852 people are unemployed in Campbell County, Wyoming.
The average commute time in Campbell County is 15 minutes, longer than the 13 minutes in Wyoming.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Campbell County, Wyoming has fallen from 3.5% to 3.4% in 2023.
Conclusion
Considering all these factors, Campbell County, Wyoming has an overall wealth index grade of B, making it somewhat better than Wyoming, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Campbell County, Wyoming.
How Rich Is Campbell County, Wyoming?
Campbell 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 $95,275, about 27% higher than the Wyoming average of $74,833.
What is the current median household income in Campbell County, Wyoming?
As of 2023, the median household income in Campbell County, Wyoming is $95,275.
What was the median household income in Campbell County in 2023?
In 2023, the median household income in Campbell County, Wyoming was $95,275.
What was the median household income in Campbell County in 2020?
In 2020, the median household income in Campbell County, Wyoming was $80,036.
What is the Gini coefficient in Campbell County, Wyoming?
The Gini coefficient in Campbell County is 0.536. 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 Campbell County, Wyoming?
Since 2009, the income gap between men and women in Campbell County, Wyoming has narrowed from about 49% to 40% in 2023. In dollar terms, the gap has widened by $4,399 since 2009.