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 | Sublette County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Household Income | $83,486 | $74,833 | $78,145 |
| Median Personal Income | $68,703 | $59,992 | $61,726 |
| Average income growth | 1.4% | 3.4% | 5.1% |
| Six-Figure Earners | 16.4% | 11.4% | 13.2% |
The median household income in Sublette County is about 12% higher than in Wyoming. Income has been growing slower in Sublette County (1.4%/yr) than in Wyoming (3.4%/yr).
About 16% of adults in Sublette 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 Sublette County, Wyoming grew by 14.2% from 2009 to 2023, reaching $83,486 in 2023. That's an average of about 1.4% per year.
Economic Inequality in Sublette County | Gender Pay Gap | Gini Coefficient
| Metric | Sublette County | Wyoming Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.531 | 0.570 |
| Male Median Income | $83,045 | $68,774 | $67,746 |
| Female Median Income | $50,206 | $48,475 | $54,793 |
| Gender Pay Gap | 39.5% | 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 Sublette County, it is 0.506, 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 65% more than women's income in Sublette County, Wyoming. Over a 35-year career, a 65% wage gap accumulates to roughly $1,149,365 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sublette County, Wyoming has narrowed from about 41% to 40% in 2023. In dollar terms, the gap has widened by $9,914 since 2009.
Employment
| Metric | Sublette County | Wyoming Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.8% | 3.7% | 5.2% |
| Working from Home | 13.6% | 8.5% | 13.4% |
| Commute time (minutes) | 20 | 13 | 22 |
Approximately 81 people are unemployed in Sublette County, Wyoming.
The average commute time in Sublette County is 20 minutes, longer than the 13 minutes in Wyoming.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sublette County, Wyoming has fallen from 5.6% to 1.8% in 2023.
Conclusion
Considering all these factors, Sublette 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 Sublette County, Wyoming.
How Rich Is Sublette County, Wyoming?
Sublette 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 $83,486, about 12% higher than the Wyoming average of $74,833.
What is the current median household income in Sublette County, Wyoming?
As of 2023, the median household income in Sublette County, Wyoming is $83,486.
What was the median household income in Sublette County in 2023?
In 2023, the median household income in Sublette County, Wyoming was $83,486.
What was the median household income in Sublette County in 2020?
In 2020, the median household income in Sublette County, Wyoming was $80,661.
What is the Gini coefficient in Sublette County, Wyoming?
The Gini coefficient in Sublette County is 0.506. 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 Sublette County, Wyoming?
Since 2009, the income gap between men and women in Sublette County, Wyoming has narrowed from about 41% to 40% in 2023. In dollar terms, the gap has widened by $9,914 since 2009.