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 | Johnson County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,695 | $74,833 | $78,145 |
| Median Personal Income | $59,905 | $59,992 | $61,726 |
| Average income growth | 2.9% | 3.4% | 5.1% |
| Six-Figure Earners | 10.1% | 11.4% | 13.2% |
The median household income in Johnson County is about 12% lower than in Wyoming. Income has been growing slower in Johnson County (2.9%/yr) than in Wyoming (3.4%/yr).
About 10% of adults in Johnson County earn six figures ($100,000 or more) a year, lower than the Wyoming average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Johnson County, Wyoming grew by 53.9% from 2009 to 2023, reaching $65,695 in 2023. That's an average of about 2.9% per year.
Economic Inequality in Johnson County | Gender Pay Gap | Gini Coefficient
| Metric | Johnson County | Wyoming Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.493 | 0.531 | 0.570 |
| Male Median Income | $62,047 | $68,774 | $67,746 |
| Female Median Income | $53,646 | $48,475 | $54,793 |
| Gender Pay Gap | 13.5% | 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 Johnson County, it is 0.493, lower than Wyoming's 0.531, 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 16% more than women's income in Johnson County, Wyoming. Over a 35-year career, a 16% wage gap accumulates to roughly $294,035 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Johnson County, Wyoming has narrowed from about 16% to 14% in 2023. In dollar terms, the gap has widened by $1,891 since 2009.
Employment
| Metric | Johnson County | Wyoming Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.2% | 3.7% | 5.2% |
| Working from Home | 18.0% | 8.5% | 13.4% |
| Commute time (minutes) | 11 | 13 | 22 |
Approximately 91 people are unemployed in Johnson County, Wyoming.
The average commute time in Johnson County is 11 minutes, shorter than the 13 minutes in Wyoming.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Johnson County, Wyoming has fallen from 2.9% to 2.2% in 2023.
Conclusion
Considering all these factors, Johnson County, Wyoming has an overall wealth index grade of B, making it about on par with Wyoming, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Johnson County, Wyoming.
How Rich Is Johnson County, Wyoming?
Johnson 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 $65,695, about 12% lower than the Wyoming average of $74,833.
What is the current median household income in Johnson County, Wyoming?
As of 2023, the median household income in Johnson County, Wyoming is $65,695.
What was the median household income in Johnson County in 2023?
In 2023, the median household income in Johnson County, Wyoming was $65,695.
What was the median household income in Johnson County in 2020?
In 2020, the median household income in Johnson County, Wyoming was $57,499.
What is the Gini coefficient in Johnson County, Wyoming?
The Gini coefficient in Johnson County is 0.493. 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 Johnson County, Wyoming?
Since 2009, the income gap between men and women in Johnson County, Wyoming has narrowed from about 16% to 14% in 2023. In dollar terms, the gap has widened by $1,891 since 2009.