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 | Uinta County | Wyoming Avg | US Average |
|---|---|---|---|
| Median Household Income | $83,417 | $74,833 | $78,145 |
| Median Personal Income | $57,565 | $59,992 | $61,726 |
| Average income growth | 6.7% | 3.4% | 5.1% |
| Six-Figure Earners | 10.9% | 11.4% | 13.2% |
The median household income in Uinta County is about 11% higher than in Wyoming. Income has been growing faster in Uinta County (6.7%/yr) than in Wyoming (3.4%/yr).
About 11% of adults in Uinta County earn six figures ($100,000 or more) a year, about the same as the Wyoming average of 11%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Uinta County, Wyoming grew by 47.6% from 2009 to 2023, reaching $83,417 in 2023. That's an average of about 6.7% per year.
Economic Inequality in Uinta County | Gender Pay Gap | Gini Coefficient
| Metric | Uinta County | Wyoming Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.572 | 0.531 | 0.570 |
| Male Median Income | $65,535 | $68,774 | $67,746 |
| Female Median Income | $42,141 | $48,475 | $54,793 |
| Gender Pay Gap | 35.7% | 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 Uinta County, it is 0.572, higher than Wyoming's 0.531, so income is less evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 56% more than women's income in Uinta County, Wyoming. Over a 35-year career, a 56% wage gap accumulates to roughly $818,790 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Uinta County, Wyoming has narrowed from about 39% to 36% in 2023. In dollar terms, the gap has widened by $2,948 since 2009.
Employment
| Metric | Uinta County | Wyoming Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 3.7% | 5.2% |
| Working from Home | 6.3% | 8.5% | 13.4% |
| Commute time (minutes) | 12 | 13 | 22 |
Approximately 352 people are unemployed in Uinta County, Wyoming.
The average commute time in Uinta County is 12 minutes, shorter than the 13 minutes in Wyoming.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Uinta County, Wyoming has fallen from 5.9% to 3.5% in 2023.
Conclusion
Considering all these factors, Uinta 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 Uinta County, Wyoming.
How Wealthy Is Uinta County, Wyoming?
Uinta 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 $83,417, about 11% higher than the Wyoming average of $74,833.
What is the current median household income in Uinta County, Wyoming?
As of 2023, the median household income in Uinta County, Wyoming is $83,417.
What was the median household income in Uinta County in 2023?
In 2023, the median household income in Uinta County, Wyoming was $83,417.
What was the median household income in Uinta County in 2020?
In 2020, the median household income in Uinta County, Wyoming was $71,201.
What is the Gini coefficient in Uinta County, Wyoming?
The Gini coefficient in Uinta County is 0.572. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Uinta County, Wyoming?
Since 2009, the income gap between men and women in Uinta County, Wyoming has narrowed from about 39% to 36% in 2023. In dollar terms, the gap has widened by $2,948 since 2009.